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Rocket SolarSM Frequently Asked Questions

Is solar right for your home? How could solar help you save money? Get answers to all your solar questions right here.  

 

 

Why should I go solar?


The best reason to go solar is to produce your own power so you can cut your energy costs. Your monthly savings will depend on many factors, but the most important are:

1. Your home’s available sunlight

2. The size of the solar energy system you choose

3. The average monthly cost of your current electricity bill

Get your savings estimate to see how much money you could save with Rocket Solar.

There are many good reasons to go solar now including: 

  • The 30% federal solar tax credit: Depending on your eligibility, you could claim up to 30% of the cost of your solar system on your federal income taxes. 

  • Rising electric costs: Energy rates continue to rise but switching to Rocket Solar could help you lower your monthly electric bill. 

 

Talk to a Rocket Solar Advisor to see which tax credits may be available to you and consult an attorney or tax professional regarding your specific situation. 

How does solar work on my house?


The size of your solar energy system will depend on a few factors including your home’s size, location, current electricity usage and sunlight available. Find out how many panels your home will need by contacting an expert Rocket Solar Advisor

Solar panels can last 25 years or more, but like any appliance, they can lose some of their performance over time. 

National Renewable Energy Laboratory (NREL) data shows that solar panels degrade at a rate of 0.5% per year.2  So, after 20 years, a typical solar panel could produce about 90% of what it could when it was new. But that loss of production may not matter as much if you upgrade to more energy-efficient appliances over time.

Net metering simply means that if your solar panels produce more energy than you’re able to use, you may be able to send that energy back to the electric grid in exchange for an electric bill credit.

It’s important to note that net metering isn’t available everywhere. If you’re curious if net metering is available in your neighborhood, talk to a Rocket Solar Advisor. 

The quick answer is no, having solar panels on your home doesn’t mean you’ll lose power on cloudy days. While weather can affect solar energy production, solar panels can still produce power without direct sunlight.

If you live in an area where the weather changes often, you may want to think about installing a solar energy system with a battery, so you can use that stored power during severe weather changes

Rising electric costs is one of the main reasons why millions of homeowners have already switched to solar. Most homeowners go solar because they see it as a more affordable choice. 

Contact a Rocket Solar Advisor to learn if solar is right for your home.  

A solar inverter is an essential part of a solar energy system. Your home is powered with alternating current (AC) electricity, but solar panels produce direct current (DC) electricity. A solar inverter’s job is to convert DC electricity to AC electricity so your home can use it. 

Learn more about solar inverters at our Rocket Solar Learning Center.

A solar battery isn’t needed for going solar. However, without a solar battery, you may need to rely on your electric company and the electric grid if your panels aren’t producing enough electricity on their own. 

Solar batteries allow you to be fully independent from the electric grid or even "sell" the excess electricity back to the grid in areas where net metering is an option

 

Rocket Solar Systems are backed by a 25-year solar panel warranty and 12-year inverter warranty, plus monitored by experts 24/7. But in the rare event that your solar panels stop working, you can easily schedule maintenance right from your phone.

Have more questions about solar panel protection? Talk to a Rocket Solar Advisor.  

It depends. Solar panels work best on south-facing roofs with clear access to sunlight. If a tree partially blocks sunlight during parts of the day, your panels may still produce plenty of electricity to support your needs.

Get personalized insights on your home and the trees surrounding it by contacting a Rocket Solar Advisor.

At Rocket Solar, we offer durable aluminum alloy solar panels that are all-weather resilient. That means you’ll be able to rely on your panels even during severe weather conditions, including hail, wind, snow and ice.

Rocket Solar Systems are backed by a 25-year solar panel product and performance warranty and a 12-year inverter warranty. 

After you switch to solar, you will still be billed by your electric company unless you completely disconnect from the electric grid, but the charges should be lower.

Your electric bill consists of two key charges

  1. Supply charge: This is the cost of the electricity your home uses each month and what makes up most of your monthly electric bill. But your solar energy system could reduce this cost or even eliminate it completely.

  1. Delivery service fee: This is a small fee (around $5-$15 per month) that your electric company charges you to be a customer. Think of it as a subscription fee. While you may not use electricity directly from your electric company, you must pay this service fee if you’re still a customer and connected to the electric grid

Solar panels have the potential to increase your home valuebut how much depends on where you live and the properties that will be compared with yours when you put your home on the market.

If you live in an area where many houses have solar power and it’s a desirable home feature, then your solar panels could have a greater positive impact on your home value.

In areas where solar panels are less popular, the impact on your home value may not be as great.

Find out how much solar panels could increase your home value by speaking with a Rocket Solar Advisor

Is my house ready for solar?


The short answer is, yes, it’s possible to install solar panels on an older home. In fact, the age of your home isn’t as important as the age of your roof. Roofs and solar panels both typically last 20-30 years depending on the quality of materials used. 

So, if your roof is on the older side, it’s a good idea to have it replaced at the same time you install solar panels to avoid unnecessary costs of having to reinstall your solar panels after a future roof replacement.

You may be able to, but it’s not recommended.


If your roof is on the older side, it’s a good idea to have it replaced at the same time you install solar panels to avoid unnecessary costs of having to reinstall your solar panels
after a future roof replacement

If you decide to sell your solar-powered home, you have two options: 

  1. Take the panels with you to your new home. Because your solar energy system is customized to your home, we don’t recommend this option. Your new home would be best served by installing a custom solar energy system.

  1. Sell the solar panels with the home and pay off any solar loan you may have with profits from the home sale. We recommend this option as it will free you from monthly loan payments after you sell your house. Since the new homeowner will be receiving the benefit of lower electricity bills with solar energy, asking the new homeowner to take over the solar panels may not be an issue, but a key feature that helps your house stand out among other homes on the market.

It depends on where you live and the laws for your state, county or city. However, in many states, solar panels are tax exempt.

To find out how property taxes on solar panels work in your area contact a Rocket Solar Advisor.

How does solar financing work?


The federal solar tax credit, or the investment tax credit (ITC), could save you 30% on your total solar system cost.

The credit is only available for eligible homeowners who buy a solar energy system with cash or a solar loan. The credit can’t be used for leased solar systems or if you’re renting the property in which the solar panels are installed.

There could also be several local, state and utility credits available in your area. To learn more about what tax credits you may be able to take advantage of, contact a Rocket Solar Advisor and consult an attorney or tax professional regarding your specific situation.

The best solar loans are 0% down, fixed rate loans that can help you plan and stick to a budget.  

Talk to a Rocket Solar Advisor to see if you qualify for a 0% down, low-interest solar loan

If you get a loan through our sister company, Rocket LoansSM, they will not ask you for a down payment on the solar loans they offer, although other companies may require that you make a down payment. 

Talk to a Rocket Solar Advisor who can walk you through your loan options.

If you still owe a balance on your solar loan when you sell your home, you have two options: 

  1. Take the panels with you to your new home. Because your solar energy system is customized to your home, we don’t recommend this option. Your new home would be best served by installing a custom solar energy system.

  1. Sell the solar panels with the home and pay off the loan with profits from the home sale. We recommend this option as it will free you from monthly loan payments after you sell your house. Since the new homeowner will be receiving the benefit of lower electricity bills with solar energy, asking them to take over the solar panels may not be an issue, but a key feature that helps your house stand out among other homes on the market. Solar panels could also help you sell your home for thousands more, depending on where you live.3

 

 

Your home insurance should cover your solar panels under the dwelling part of your homeowner’s policy. We recommend reaching out to your home insurance provider to see if solar panels are covered under your current policy. 

It depends on your financial situation. 

Most of the time, the benefits of buying solar panels far outweigh the benefits of leasing them. 

Learn about the pros and cons of buying and leasing solar panels in our Learning Center to decide which option is best for you.