Things to Consider When Purchasing a Solar System!

03.15.10

1. Can I afford a solar system? The size of the system is going to depend on your budget.

Even though the local utility company’s incentive programs can make a system very affordable, it will not cover the total cost. A 5000 watt or 5kW system can cost an average of $6.20 a watt installed.

For example, Tucson Electric Power rebate system will pay you $3.00 a watt on a system that is 5000 watts or greater, up to 60% of the total cost of the system and 85% combined with State and Federal credits.

Cost of the system:
5000 watt
X 7
35,000 total cost of the system

Rebate from local utility company:
5000 watt
X 3
15,000 TEP rebate (it will take about 45-60 days to receive the rebate after you met all the requirements.)

Out of pocket costs:
35,000
15,000
20,000 of your own funds.

2. Can I finance the system? Yes. There are several options for financing a solar system. One of them is to utilize the equity in your home. You can refinance your home through a local lender and include the cost of the solar system in the loan.

Another option is to finance a portion of it through a non-secured loan, like GE Financing. However, we encourage our customers to research all financing options available to find the option that is best suited for their needs.

3. Where can I install the panels? You can install them on the ground, on the roof, or on the carport. When our site technician does an evaluation, he will recommend the most appropriate installation option.

• When making a recommendation, our technician will consider the surface area, condition of the roof, and if it can support the size of the system you desire. He/She will also verify with your Home Owners Association and/or local jurisdiction for any restrictions. If a roof installation is recommended and desired, we suggest that you contact a roofing company to check the condition. Most roof companies will give you an estimate at no cost.

4. How much does it cost for a site evaluation? We do not charge for site evaluations.

Sonora Solar Solutions goal is to provide a turn key solution to your solar needs Please contact us at 520-628-2967.