Solar Panel FAQ
Your questions about solar panels, answered. Discover everything you need to know about solar systems, savings and financing.
How much does solar cost?
Today, solar costs less than traditional electricity in many markets, whether you choose to pay as you go or purchase the system. We offer a range of financing options, which makes going solar simple and affordable.
Will I save money by going solar?
Many IntegrateSun customers save up to 40% off their utility bill on an annual basis with the EmpowerLoan™ by Dividend Solar. Monthly savings tend to fluctuate due to weather, length of month, and the energy consumption used in your home. Results vary for solar cash purchase and solar financing customers.
What if I’m moving or selling my house?
Reports show that solar often increases home values and transferring to a new owner is simple. Based on your purchase option, your solar assessment specialist can provide more information on the transfer process when selling a home with solar.
How Solar Works
How does solar power work?
When the sun is shining, rooftop solar panels collect energy from the sun. Solar panels take the sun’s energy, and convert it into usable electricity using microinverters. The usable electricity flows from the panels, through the net meter, and into a home to power appliances.
Will I still need my utility company?
Yes, typically. Your solar power system generates electricity when the sun is out, during the peak hours of demand. But your utility will continue to supply your electricity at night and at other times when you are using more electricity than you are generating.
Are IntegrateSun customer connected to the grid?
Yes. IntegrateSun uses “on-grid” systems, meaning that they are still connected to the electrical grid. On-grid solar energy systems are necessary to transfer excess power into the grid, which can result in a credit to customers in some states. On-grid systems also keep you connected to the grid for additional power from the utility.
What determines whether my home is a good candidate for solar?
We conduct an on-site survey to determine if your home is compatible for solar. Here are some examples of what we evaluate to make sure that solar is a good fit:
- Roof size, pitch and direction
- Shading of the roof caused by tree branches, other homes, etc.
- Roof obstructions such as chimneys, pipes, etc.
- Roof stability and strength
- Electrical wiring
Will solar panels work in overcast weather?
Yes, but performance may be affected. Solar panels produce more energy when the sun is shining.
What maintenance is required?
Solar energy systems are durable and built to withstand the wear & tear of outdoor conditions. Your system will operate best when it is clean and in direct sunlight, so periodic rinsing is recommended. Seasonal inspections and trimming nearby trees will ensure your system is delivering optimal energy production. In case you encounter any issues with your system’s performance, Dividend’s Installation Partners include a warranty & performance guarantee. This includes a 20-year workmanship warranty on all repairs and defects and a system performance guarantee based on the estimates provided to you during your sales process. In addition, all manufacturer warranties, some of which may last up to 25 years, are managed and covered by your installer.
How long will my system last?
Most solar systems can be productive for 25-30 years or more, and their primary operating components come with long-term manufacturer’s warranties. As part of a Dividend Solar EmpowerLoan, we require our Installers to provide long-term system performance guarantees on every system that we finance.Solar energy systems are also extremely reliable. Solar has proven to be a dependable source of energy for large office buildings, large retailers and governmental agencies, supplying large quantities of energy. Some of the largest organizations in the world have buildings powered by solar energy, including eBay, Walmart, and the US Air Force. Dividend Solar has incredibly high quality standards and partners with Installers who only use the best equipment – we build your power system to last, and stand by our quality with the system performance guarantee.
How much money do I need to put down up-front?
EmpowerLoans from Dividend Solar are $0-down, with no up-front payment whatsoever. With Dividend Solar, you can buy solar panels through our financing with no out-of-pocket cost.
Can I make a downpayment anyway?
You can prepay your loan at any time without penalty. Prepayments will not change the interest rate or monthly minimum payment required, but paying early will reduce the effective term of your loan and save you money by reducing the amount of interest you will pay in the future. If you choose to use your monthly savings to help pay off your loan, you can save even more money over the long run.
How can I pay for the panels?
You can apply for solar financing through our partners, Dividend Solar and Foundation Finance, or you can apply for a HELOC through your own banking institution.
What are the benefits of going through IntegrateSun?
There are many more benefits: going solar with an EmpowerLoan means you can expect to experience monthly savings from day 1 for $0 down, you’re shielded from rising energy prices, and your home value may increase – all while you produce clean energy. In addition, the incentives and rebates from ownership are both real and substantial. Local, state and federal tax credits can potentially offset over 30% of the total cost of your system. What’s more, your system may pay for itself in 5-10 years, leaving you with free solar electricity for the remainder of the life of your system (25+ years).
Is there a lien on my house?
No, there is no lien on your house. Dividend Solar’s EmpowerLoan is secured by your solar energy system. We file a UCC-1 financing statement, naming your solar system equipment as collateral, which means that we can repossess the solar equipment in the unlikely event you default on your loan.
Many other solar energy companies require a lien on your home, effectively using your house as collateral for the loan payment. We don’t think you should have to put your home at risk to go solar.