#Energy professionals scam registration
Check that your solar system will meet your Homeowners Association guidelines, and be sure to obtain a local building permit for the construction.Solar Installer Registers As Texas Electric Broker, Shares Brand Name With New REPĪ solar installer filed with the Texas PUC a registration as a Texas electricity broker.Ask your local fire department if a system would impact how they would respond to a fire at your home.
#Energy professionals scam professional
Ask your real estate professional if a rooftop system will increase your home’s value or impact your ability to sell your home.Ask your insurance agent if your homeowner’s insurance premium will go up and if your policy covers damage related to rooftop solar installation.Ask your tax professional which incentives you qualify for, if you must report any proceeds from selling excess power as income and if a leased system will raise your property taxes.What happens if the installer will no longer be in business in the future.Leases are for 20-year terms, and businesses can change in that time. If your leasing company is different from the installer.If the installer assumes liability if your roof is damaged during installation.How long your warranty lasts and who is responsible for maintenance.Things to find out from the solar installer: Project Sunroof (a tool that uses Google Earth imagery to create a personalized solar plan for you.).Alliant Energy's Second Nature™ program.Iowa Utility Board's on-site generation webpage.Depending on your lease agreement, before you sell your home, you may have different options, such as paying off the remainder of the lease, leaving the system behind for the buyer to qualify for and assume, or paying someone to move the system with you. If the system is leased, the debt may count as a liability. What happens when you sell? How likely are you to sell your home in the next 20 years? If you own your solar system, it may be considered an asset that will raise the value of your home. Find out what will happen to the system at the end of your lease – will you buy it, have it removed or extend the lease? What are the costs in each scenario? That could complicate things if you decide to sell your property. As a homeowner, find out if you may have a lien placed on your property if the system is leased. When leasing a rooftop solar system, incentives like tax credits and depreciation commonly go to the system owner, not the homeowner. Since the system is being attached to property that you own – your home – it’s a good idea to know who is ultimately going to own your system, especially since the lease duration is usually 20 years. It’s important to understand the details because when you lease a solar system, you get to use the system, but the ownership may not be clear. To own or to lease? The solar leasing model is a new financial model that is unlike leasing a home or car. If rooftop solar is not right for you, we offer a voluntary program for customers who want to purchase additional green power. What is your monthly electric bill? Home-based solar panels are more likely to have satisfying payback periods if your electric bills are high and you have a roof configuration that can take maximum advantage of the sun. In addition, it is common practice to assess the structural integrity of your roof for its ability to support the additional weight of the solar panel installation. Learn who is responsible for the cost of taking down and reinstalling solar panels if your roof needs to be repaired. Find out how many years are left on your existing roof before it needs to be replaced. Know the condition of your roof before you commit to installing solar panels. Time of Day Pricing for Iowa businesses.Time of Day Pricing for Wisconsin businesses.Focus on Energy Marketplace (Wisconsin).Find a Qualified Trade Ally (Wisconsin).Gas Emergency Reaction Plan for Business.
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