Solar panels provide a renewable energy source by harnessing the power of the sun to create electricity for your home. To generate energy, the panels go through this process:
- Rays of sunlight hit the panels, creating an electrical current from the interaction of photons and electrons.
- This current flows from the solar panels to your solar inverter, where it is converted into energy usable in your home.
- From the inverter, the energy goes to your breaker box, where it is circulated through your home.
- Unused excess energy goes back to your utility meter, available for later consumption. Depending on where you live, this energy can often be used as part of net metering, meaning it will be sent back to the grid and used as energy credits on your next electric bill.
Benefits of Solar In Chicago
There are plenty of reasons to consider solar panels for your Chicago-area home. Beyond the potential financial benefits, there are environmental factors and the potential for a major return on your investment.
- Own Your Power — Protect your family from the impact of constantly rising electricity costs by owning your power and relying less on the grid.
- Potentially Reduce Your Electric Bill — Your solar panels can potentially help you save thousands of dollars on electric bills over time, since you’ll be generating your own power.
- Qualify For Federal Tax Credit — Qualified homeowners can currently claim a federal tax credit of up to 26% for installing solar panels on their property.5
- Potentially Increase Your Property’s Value — With more people going solar and seeing the potential in lower electric bills, studies have shown that solar can increase your home’s value. This means you could potentially see a higher return on your investment should you sell your home.
- Reduce Your Carbon Footprint — As a clean alternative to fossil fuels, solar energy helps reduce your carbon footprint. You’ll be doing your part to make a greener world.
What Happens To Excess Solar Energy?
Your solar panels may end up generating more energy than is needed at certain times of day. If your system produces more energy than you use, there are a couple of ways it can still be usable.
Store excess energy in a backup battery.3
If your panels produce excess energy, the extra power can be stored in your Generac battery backup to be used in the event of a grid power outage or at night when your panels are not producing any electricity. In addition, the stored energy can fill the gaps when your home’s solar panels are not producing at full capacity.
Use excess energy via net metering.
Net metering is the process of sending extra energy that your solar panels produce back to the grid in exchange for credits on future electric bills. If your panels produce extra energy, you can be credited for the energy you sell back (often at a 1-to-1 ratio), meaning that you sell it back at the same price you would buy it. This is a great incentive for using solar energy, but it’s important to note that some utility companies do not offer net metering. Availability, excess credits and other requirements vary by area and utility providers.
Solar Panel Installation In Chicago
- Start with filling out a form on our website for a free quote. A solar representative will get back to you shortly to talk over your interest in going solar. We’ll evaluate your home, ensuring solar panels will be a good fit for your property and schedule your free in-home consultation.
- Our qualified solar consultants will come to your home to further evaluate your property and electric bills. This will help determine the size of solar system that will work for your unique situation. From this, we’ll make a custom proposal that addresses your home’s energy needs. All that’s left to do is sign your contract, and then we’ll start preparing for installation!
- When installation day arrives, we’ll be at your home on time and carefully install your solar panels with no damage to your home or roof. This should only take a day or two. Once that’s done, we’ll test out your system and clean up our workspace before heading out.
Cost Of Solar
Adding solar energy to your home is more affordable than ever in the Chicago area! It’s important to note, however, that the cost of a solar system is dependent on the size of your home, how you use energy and how you’d like to use it going forward. Our solar experts can help you come up with a customized solution that fits your home’s needs, including exactly how many solar panels are necessary.
The cost of solar panels is calculated based on dollars per watt. We calculate the number of panels you need based on the number of watts your home typically uses. Once we have that number, we can effectively design a custom solar solution for your home.
Your Chicago Solar Panel Installation Cost Includes The Following:
This includes the solar panels, inverters, wiring, conduit, mounting racks and mounting hardware.
A Custom Solar System
Once you sign the contract, our team begins designing a system, filing the relevant permits and proceeding with the setup for your installation.
A Time And Date For Your Installation
On the day of installation, our team carefully installs and tests your system to ensure that it’s working properly, then cleans up your property as though we were never there!
Ready to go solar? Here’s how you can finance your Chicago solar panel installation.
PHS Financial Program
- POWERHOME SOLAR offers competitive financing to do our part in making solar accessible and affordable to our customers. Our financial program offers those who qualify a $0 up-front cost and 12 months of savings on us.1
- You can obtain a loan either through your own source or through ours, which specializes in solar. This allows for a $0 down2 payment and 100% financing for qualified customers.
- To maximize your solar investment, you can pay up-front, in full for your solar panels. This means your new electric bill will immediately reflect your potential savings and you can take advantage of home equity loans that might be tax-deductible.
POWERHOME SOLAR is proud to offer high-quality solar panels that offer superior reliability and performance.
Solar Panel Warranties
Our panels come with two types of warranty:
- A minimum 25-year linear power performance guarantee.
- A 25-year product workmanship guarantee. A solar panel’s product warranty covers any issues with manufacturing defects or premature wear and tear on your panels.
Your solar panels are built to last, and so is your inverter! Your inverter comes with a 10-year warranty, and as the installer of the system, our team will take care of any warranty issues that might arise.
These warranties are designed to ensure that you are able to replace bad panels or address any potential issues with your system post-installation. POWERHOME SOLAR uses panels that are guaranteed to operate at approximately 85% capacity after 25 years and rarely have issues. But in the event that there are any problems, our customers can rest assured that we will be able to address them and rectify the situation.