Solar Panel Financing
Expert Solar Pros – The Leading Solar Company in Hampton Roads
We Offer The Best Quality In Town With the Fastest Installation
Solar Panel Financing
Financing Your Solar Panel System
Our goal is to reduce your bill you already pay the power company. In fact, many of our customers choose to finance a system. The loan payment for your solar system is fixed, unlike rising utility rates (currently 4% increase yearly), It is like locking in your rate. Not only that but, you are increasing your home’s value and generating your own pollution free, clean power.
Click Here to learn more about our Federal Tax Credit Program.
Expert Solar is proud to offer financing to assist our customers in achieving their home energy goals. Enjoy a quick, paperless application process—either online or by phone. Further benefits include:
● Credit limits up to $100,000
● Fast approvals
● No prepayment penalties
● Friendly customer service
● Multiple ways to make a payment
Loans for solar panel systems are up to 20 years. There are several options available through our Solar Panel Financing options.
FAQs
Here are our most frequently asked questions. If you don't see what you're looking for, give us a call!
What is net metering?
The term “net metering” refers to what happens when you are making more electricity than you use. When this excess energy pours over into the grid, it’s counted up, and after a certain amount of time, your power bill will quite literally be paying you. Before they pay you, though, you can use the power you put into the grid as excess at the wholesale price you put it in for.
Net metering is offered in the state of Virginia, so it’s best to take advantage of it while it’s there. Also, keep in mind that enrollment is open to a first-come, first-serve basis, so act quickly!
When will I start seeing my return on investment?
Depending on the size of your project and the initial investment, you could start seeing an ROI immediately. A return on investment in solar power is seen when the initial startup costs are paid for in energy savings. This payback period depends on how much your initial costs were. Also how much energy your system can create. If you take advantage of the available credits, then your actual investment can be made back in as little as four to six years in some cases and potentially less time if you install your own system.
Additionally, those concerned about selling their home prior to their solar system being paid off should be aware that solar panels actually increase a home’s value. According to the HUD, for every $1,000 a household saves on energy, the home’s value increases by $20,000.
Do I need a tracking system to follow the sun's pattern?
Solar panels are properly positioned to maximize the sun’s energy when they are first installed. Therefore, they don’t require an additional tracking system to follow the sun’s pattern.
Some systems can have additional components added that allow the panels to change position throughout the day as the sun moves. However, these rarely improve energy efficiency enough to justify the added expense.
Today, a more cost-effective solution is to add one or two additional solar panels instead, as an alternative to a tracking system. This will allow for increased energy production and benefit from financial rebates as well.
Can I claim solar panels on my taxes?
Yes! When you install a solar system, 22% of your total project costs, including equipment, permitting and installation, can be claimed as a credit on your federal tax return. If you spend $10,000 on your system, then you owe $2,200 less in taxes the following year.
You claim the credit in the year the installation is completed. Also, keep all your receipts. The more you spend on your solar conversion, the larger your tax credit.
Learn more here
What is your installation process?
With Expert Solar, we comply with all state and city laws, certifications and restrictions. With our professional licensed installers & electricians, we make the solar panels installation process simple. You will never have to worry about code compliance with the local utility company.
We will design a grid-tied solar system for your home. During the free site assessment with one of our professional consultants, we will analyze your power bill and design an efficient solar system based on your monthly kWh usage.
Learn more here
Take Advantage Of The Federal Tax Credit!
Call Today 757-988-7777Let our staff help you with federal tax credit and financing.
287 Independence Boulevard
Suite 210
Virginia Beach, Virginia 23462
We Are Solar Panel Installers in:
Virginia Beach, Chesapeake, Norfolk
Cities within 2-3 hours of Hampton Roads
Hours of Operation:
Monday-Sunday: 9:00 AM – 5:00 PM
Sales & Consultations Available Weekends, Evenings, & After-Hours By Appointment Only
Available by phone:
Monday-Friday 7:00 AM to 10:00 PM
Saturdays and Sundays 9:00 AM – 5:00 PM