Tips for the solar panel consumer

TIPS FOR THE SOLAR PANEL CONSUMER

Solar panels are an asset for your property. It is also a great financial investment but not an ongoing commitment. First times are crucial, it is important that you get your system right the first time you get one installed.

Processing your papers

When one purchases a brand new vehicle, there are a lot of paperwork involved such as registration, insurance applications and more. In the solar industry, it is also similar. There a few paperwork here and there but processing the papers is not as complicated as it seems. Be sure to talk to your insurance company, bank or mortgage lender and notify them if you decide to go install solar on your property.

What types of paperwork will be provided by your solar installer or retailer?

Your preferred installation company or retailer will provide you some paperwork such as a quotation, the terms of business, Solar Credits application, the agreement from your energy retailer and finance documents. Be sure to carefully fill-up needed forms with accurate information and read all details on the papers and make sure that you fully understood what were stated before affixing your signature.

Third party involvement

Third parties can be involved when you decide to install solar panels. Keep yourself updated with the details of your installations. Know about your solar panel installer’s responsibilities, including yours.

What are your responsibilities as the buyer?

As the buyer, you need to know and understand the different processes that will occur between you and your solar installer, the energy retailer and the solar credit trading company. You also need to keep yourself knowledgeable with regards to retail finance or solar leasing and the lender’s terms.

When you are finally done, checking through all the information you will need that involves the third parties, you’re all good to go and contact your home insurer. If there is anything you are unsure, don’t be afraid to ask questions. It pays to do your homework.

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