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Installing solar is a hot topic for homeowners and has become commonplace with new lease and finance options where homeowners can go solar with $0 upfront and recognize immediate monthly savings. There are several factors to consider when considering your solar provider, and it pays to do your research! The table below provides and overview of the top 5 solar providers.
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Confidential | © 2016 SunPower by Venture Solar
National Solar Leasing Provider ComparisonAlex Yackery | 22nd June 2016
2Confidential | © 2016 SunPower by Venture Solar|
The brand, wattage, and efficiency of solar panel will vary between providers. You want to select a provider that uses a high efficiency panel to maximize your roof space, to maximize your savings, and even leave room for expansion in case an electric car is in your future!
How will the Provider Affect the Amount of Electricity I Can Generate?National Solar Leasing Provider Comparison
3Confidential | © 2016 SunPower by Venture Solar|
Some solar providers only fulfill a portion of the process and use sub-contractors to perform the work, which can lead to finger pointing if there is ever an issue. You want to make sure your provider performs all of the work in house with a track record of quality work so you have a point of contact with questions or service, and to ensure you have a seamless process.
How does the Workmanship Differ between Solar Providers?National Solar Leasing Provider Comparison
4Confidential | © 2016 SunPower by Venture Solar|
If you are working with a provider that uses sub-contractors or doesn’t have a strong presence in your market (or consistently shows a loss), you may have issues with service in the future. SunPower only works with local installers that have a proven track record of providing quality installations and service. With SunPower, you get the benefit of a publicly traded, profitable, multi-billion dollar corporation backstopping your project with the work performed by a local expert.
What About Service?National Solar Leasing Provider Comparison
5Confidential | © 2016 SunPower by Venture Solar|
Your savings are based on two things: how much energy your system can produce to offset your electric bills, and how much you have to pay for that energy over time. SunPower panels produce more energy from day one due to their proprietary Maxeon technology that is 30% more efficient than a conventional panel, and 20% more power watt for watt over their life because of the quality components. Most national solar providers include an annual escalation in their contract price. SunPower has a standard 0% escalation in their contracts so your savings are locked in, and you know exactly what you will pay over the life of your system.
Who Will Save me the Most Money?National Solar Leasing Provider Comparison
6Confidential | © 2016 SunPower by Venture Solar|
Most solar contracts include 20 years of service, but the guarantee is only as good as the company giving the guarantee. Four of the five top solar providers consistently show a loss! This can be concerning if you have a contract for them to take care of your panels for the next 20 years. The brand of panel used for your installation will affect the warranty on your solar panels as warranties differ between manufacturers. You want to select a provider with a warranty that will cover you for decades to come. Additionally, you want to consider how long the manufacturer has been making solar panels to ensure they can back their warranty up. SunPower is the only solar manufacturer that offers a true 25-year warranty covering parts, labor, and power output and have been around for over 30 years to back it up!
What Guarantees Do I Have?National Solar Leasing Provider Comparison
7Confidential | © 2016 SunPower by Venture Solar |
National Solar Leasing Provider ComparisonThere are several factors to consider when considering your solar provider, and it pays to do your research! The table below provides and overview of the top 5 solar providers.Company Publicly
Traded? Profitable?Standard Annual Price Escalator
Panel TypeCommon Panel Wattage
SunPower Yes – SPWR 7/8 Past Quarters 0% SunPower 327
Sunrun Yes – RUN No 2.9% REC Solar 260
Solar City Yes – SCTY Never 2.9%Canadian Solar, Trina Solar
250
Vivint Yes – VSLR Never 2.9%Canadian Solar, Trina Solar
250
NRG Home Solar
No, part of larger publicly traded entity
No, recently fired 500 employees and closed offices.
2.9%Canadian Solar, Trina Solar, Yingli
250
8Confidential | © 2016 SunPower by Venture Solar|
•Venture Home Solar• 240 Kent Ave, Brooklyn, • NY 11249• +1 800-203-4158• http://venturehomesolar.com/• Resource: http://goo.gl/nP9Em9
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Confidential | © 2016 SunPower by Venture Solar
