How to go solar in Orange County CA - PowerPoint PPT Presentation

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How to go solar in Orange County CA

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Ever since it was announced that California will officially become the first American state to make it compulsory for newly built homes to get solar panels, the question – ‘how to go solar in Orange County CA?’, has been on everyone’s minds. California’s Energy Commission has come up with reinvigorated energy standards which necessitate virtually all newly built homes to be built with solar panels. – PowerPoint PPT presentation

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Title: How to go solar in Orange County CA


1
How to go solar in Orange County CA?
2
Considering going solar? Ever since it was
announced that California will officially become
the first American state to make it compulsory
for newly built homes to get solar panels, the
question how to go solar in Orange County
CA?, has been on everyones minds. Californias
Energy Commission has come up with reinvigorated
energy standards which necessitate virtually all
newly built homes to be built with solar panels.
At present, about 20 of single-family houses are
constructed with solar facilities built in, but
then again if the new-fangled standards are
accepted as anticipated, this percentage will
increase sharply.
3
HOW TO GO SOLAR WHAT ARE THE BEST FINANCING
OPTIONS
Several solar solution services are able to
propose their clients with an assortment of
financing possibilities in order for them to go
solar. The most easily available financing
options are System Ownership and having a lease
on the system or getting a Power Purchase
Agreement (PPA). Since these two are the main
options, it is important for all homeowners to
methodically calculate the expected benefits and
negatives that these choices offer. Here is a
complete homeowners guide for selecting the
right financing option
4
  • System Ownership compared to Entering a Power
    Purchase Agreement (PPA)
  • 1. What will the homeowner pay for?
  • System Ownership The price of a solar
    generation structure that covers approximately
    all of the houses electricity requirements.
  • Lease A static once-a-month rate regardless of
    how much electricity is created. In a PPA
    agreement, a set amount of money is charged for
    every Kilowatt Hour produced.

5
  • 2. What will the homeowner purchase?
  • System Ownership All machinery of the PV system
    together with solar panels and metering gear.
    Homeowners are also advised to purchase
    performance analysis software, prolonged service
    contract, and other choices.
  • PPA This is basically getting contractually
    affiliated with a solar service company who will
    provide certain services that most probably do
    not come with too many purchase options.

6
  • 3. What benefits does the purchase bring?
  • System Ownership All the gear, labor, municipal
    and resident taxes, the lowest standard
    guarantee, managerial correspondence
    (authorizing, etc.) and, occasional performance
    analysis all of these benefits come free of
    cost for homeowners who opt for system ownership.
  • PPA Generally it includes labor, state and
    local taxes, administrative paperwork
    (permitting, interconnection application, etc.),
    processes and preservation, inverter spares,
    insurance, constant monitoring, and production
    warranties.
  • 4. The tax implications that the homeowner will
    have to face
  • System Ownership Homeowners must check with
    their tax consultant in order to determine
    whether or not they possess eligibility for the
    30 Fed-Investment Tax Credit. In case their
    system ownership is being financed via a home
    equity advance, they might be entitled to a tax
    deduction.
  • PPA The solar service providers usually receive
    the 30 Fed-Investment tax credit. They might
    also receive viable depreciation tax doles.

7
  • 5. What are the risks?
  • System Ownership For people who have System
    Ownerships, there is an added responsibility for
    operations and preservation expenses. They must
    at all times be mindful of system performance and
    make the most of its energy production. (Data
    analysis systems are crucial.)
  • PPA A Solar service provider may jump ship and
    stop the company altogether making it incapable
    to deliver operations and care as discussed in
    the contract. PPAs typically have rates that
    spiral over time and generally have long-standing
    obligations of over twenty-five years. The
    homeowner must discuss all the buyout
    possibilities with the provider, in case such
    details are not detailed in the contract.

8
Gerry Goodman Real Estate Services
Gerry Goodman Real Estate Services is always
ready to help its customers address the
all-important question how to go solar in
Orange County CA?. Considered to be the one of
the best in the business since over 25 years,
Gerry Goodman is presently operating in Orange
County CA, in the cities Anaheim, Anaheim
Hills, Yorba Linda, Newport Beach, Dana Point,
Laguna Beach, Huntington Beach, Irvine, Tustin,
and Aliso Viejo.
9
CONTACT
Gerry Goodman Real Estate Services 3239 E
Meadowridge Rd,Orange, CA 92867
Cell (714)588-3338Email gerry_at_gerrygoodman.co
m
www.gerrygoodman.com
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