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How to choose a solar installer to finance?

By Farrukh Jhanzaib
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In the US, the graph of people using solar energy is increasing. There are many companies that work as solar installers. Are you planning to install one and looking for an installer? Are you confused about choosing a reliable one? And want to know how to choose a solar installer to finance?

Well, don’t worry; this article covers all your concerns in this regard.

 

Who are the best installers?

Well, to know who is the best installer, you need to research the market. While researching, you should cover these areas:

 

  • Certification and insurance:

 

Remember that not every company working as a solar installer is certified and insured. When you engage with any installer, just check their certificates, which they usually hang on any conspicuous place. However, If they don’t, then ask them to show you one.

 

In the US, solar companies get certification from the North American Board of Certified Energy Practitioners (NABCEP). So, they should have a certificate issued by this authority.

 

Some companies couldn’t get such certification. Therefore, you can ask them to show their labor insurance. A company with valid insurance for their labor is a reliable one.

 

  • Experience:

 

The experience chart of any company tells a lot about their expertise. Visit the websites of such companies and check for data that depicts their experience. Otherwise, their representative can provide you with a record of their services at their office.

 

If that record shows that they have tremendous experience installing panels, then you can hire them for installation at your place. Don’t forget to ask them about the variety of systems they installed. This will help you choose one for you.

 

 

  • Check out the review:

 

To further make up your mind, check what people say about them. The best way to find out about that is to search for reviews on Google.

 

You can also ask people who these companies claim to have installed panels for. If you find positivity in those reviews, you are good to go with such companies. If reviews are bad, you better know what to do. Don’t you?

 

These reviews work as marketing stunts for such companies. They usually paint a clear picture for the readers to make up their minds about the services of such companies. So, it is strongly suggested that you read the reviews thoroughly.

 

Most of the good companies may get bad reviews, but great companies address those concerns. This is another point to keep in mind.

  • Quality of the work and techniques:

 

Hopefully, after reviewing the steps discussed above, you will be partially satisfied. Still, you might have confusion about what structure you would have and whether such companies have equipment that would be useful for such installations.

 

Well, these are valid concerns. So, right away, ask the installer all those questions that are necessary in this regard.

 

Solar panels have different types; they are either monocrystalline or polycrystalline. The installer must have the equipment necessary for the type of panel that suits your requirements.

 

  • Warranties:

 

A lot of companies provide a warranty after installation. Do you know why warranties are necessary? They bind the companies to be available if something happens with the panel.

 

You should ask for both kinds of warranties from the installer.

 

  1. Labor and performance warranties.
  2. Equipment warranties.

 

Now that you have chosen an installer for you, are you looking for financing options? If yes, then continue reading.

Do installers finance installations?

 

A solar system is a costly setup. Many people can’t afford the long bill of almost $25,000. They look for installers that can prepare friendly financing plans.

 

Some installers offer such plans, which can benefit you in the long run. They may have lawn options for you that would be paid in installments. Usually, two kinds of loans are available with such installers.

 

  • Unsecured loans:

 

Unsecured loans usually have a high interest rate and a specific time to be paid off. Moreover, such loans don’t require any collateral, such as your house or car. That’s why they have high interest rates.

 

  • Secured loans:

 

Secured loans usually require some collateral, like a car or a house. That’s why their interest rate is usually low.

 

It is now up to you to decide on the type of loan.

Conclusion:

 

In a nutshell, we tried to explain everything regarding the topic. Moreover, We suggest you visit the market and get quotations from different installers. Eventually, this will help you choose what is best for you.

However, fluctuations in prices don’t guarantee the quality of work. It’s always your thorough research that clears the image for you.


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