Should you go solar?

Solar panels on roof

I currently have a listing with a rooftop solar panel system, so I have dived head first into learning as much about solar panel systems so that I can educate any potential buyers about the system and the benefits. In Colorado we get a over 300 days of sunshine per year and so we have several solar companies that install these systems here. There are a couple of options when you decide you do want a system installed on your house. Purchasing vs. leasing and how the down payment and tax rebates are going to be settled. Here is a breakdown of the process of getting solar installed on your home.

Green light:

So you have decided to get a solar panel system installed on your home. The first step is to consult with a solar company for a consultation. This sounds easier than it is. I have seen these companies at Costco, Home Depot and Lowes. They are usually soliciting to people as they are shopping for other things. This can be annoying, but then when I was on a mission to talk to them, they were nowhere to be found! I left my card with Home Depot’s service desk and talked to the lady behind the counter for a while about the systems but never got a call back from the actual solar company. I also tried calling Costco home services and they wanted a ton of my information before even getting to the point where someone would call me back. I ended up calling my cousin Ryan down in Phoenix that sells these systems and is extremely knowledgeable. If you have any additional questions after reading this, let me know and I will get you in touch with him.

Sizing the system and the contract:

Once you finally have an appointment set up with a solar consultant, they will come out to your house and measure your home and check your home’s sun exposure. This will help them determine the size system that you need so that you can exactly cover your average electricity costs. They are not allowed in Colorado (and maybe elsewhere) to install a system that is “over-sized” so that you generate more power from the sun that you typically use. They will then determine the value of the power the system will produce. Then you have to determine if you are buying the system or just leasing it. Similar to buying a car, leasing the system allows for lower payments and you may have to give up your tax rebate incentive to the solar company if you are not putting any money down. Purchasing puts more money in your pocket in the long run, but some people can not afford that option. It is important that you understand all of your options during the contract and what will happen when the contract expires.

Living with the system:

As your solar panels generate power, that power is used in your home for all of your electronics including lights, entertainment and other important electrical functions. If you use less than the system produces, then you may be able to sell that power to the power company. If you use more, you will owe the power company for any power you have to use of theirs. Different solar companies pay your power bill for you and then you just pay them for the power the solar system produces. There are many different ways to work out the billing so make sure you ask a lot of questions and get everything in writing so you know what to expect.

The verdict:

Should you get a solar panel system put on the roof of your home? Sure! If you don’t mind or even like the way they look, you are doing a great thing by producing power from the sun so that power companies don’t have to cause as much pollution creating power for everyone. I think solar is a great option, just remember to make sure you double-check the solar contract and know exactly what you are getting into. Not everyone or every HOA likes the way solar panels look. If you decide you may sell your home in the near future, you will need to find a buyer that shares your love for solar power as well and is willing to assume your contract.

I’m sure I have missed some points about solar panel systems, so I welcome you to leave a comment below and help me out with what you want to share about this topic. This is written from my research of solar panel systems so that I can give the information to potential buyers for my listing.

New listing in Morrison – Open House Saturday

Even though the weather has turned cold and cloudy for a day, this property is bright and sunny! Boasting one of the biggest and best lots of the entire neighborhood, this 2236 square feet house backs open space and has a 1/4 acre of landscaped yard and open decks and views of the mountains! Inside you will find new hardwood veneered floors, a remodeled kitchen, and a newer master bedroom addition that will leave you wanting to move right in! Tomorrow (Saturday, March 25th) is supposed to be sunny and in the 60’s, which makes for great weather to come check out the open house in the afternoon! Come and enjoy some fresh-baked cookies, the beautiful scenery and the custom finishes on this beautiful house in Morrison! You can call me directly for your own private tour before or after the open house. Just call Justin Phillips at 303-514-7889 for more information! The address is 12765 W Temple Dr, Morrison, CO 80465.

Virtual tour of 12765 W Temple Dr, Morrison, CO 80465

Find me something to buy!

I get that a lot these days! Right now the amount of properties for sale in Littleton is at a crazy low level. According to the graph below, the amount of properties available has dropped 30% in the past 3 years! While there are still homes available, it is slim pickings! I have been able to get my clients under contract using a variety of strategies to make their offer package stand out from the rest. I also make sure to contact the listing agent so that I can establish a great line of communication to help alleviate any questions or concerns they may have about my clients.

Low amount of homes for sale

On another note, if you have been on the fence considering whether you should sell your home, now is definitely the time. Make sure you pair up with a broker that can find you a home before you list your house for sale, otherwise you might end up homeless with an agent that doesn’t really care. I’m sorry to tell you, but with 50,000 agents in Colorado, there are some agents out there that do not consider this job their passion like I do. I also just recently moved our family and so I have recent, first-hand experience on how difficult a move can be and what I can do to help things go as smoothly as possible! Check out this video below and then call me to help you!

Open house at new listing – 11314 Jersey Way – Thornton, CO

Open House this Saturday – May 3, 2014

 
This home will be under contract by the end of the weekend! Every room has been updated with new floors and new trim! The newer appliances, counter top and light fixtures in the large kitchen make this an entertainer’s dream! When everyone isn’t in the kitchen, they can enjoy the vaulted ceiling and custom fireplace in the living room. The open floor plan in this home situated on the biggest lot in the neighborhood (almost 1/4 of an acre) make this home seem a lot bigger than it really is. Please come out to see for yourself at the open house this weekend from 12:00 to 4:00 pm on Saturday, May 3rd. The seller is not allowing any showings before the open house, so don’t miss this opportunity! The list of upgrades is too long to list here!

 


 

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