When you install a solar energy system, you’ll need to sign an interconnection agreement with your utility company, like AEP or MVEC, to replace your meter with one that tracks the flow of energy. Net metering is used to calculate your electricity consumption by subtracting your solar generation from your electricity consumption, and you are only billed for the difference. If your solar generation exceeds your consumption, you may receive a credit that is rolled over to the next month, depending on the energy company’s rules. However, MVEC and BPUB do not offer buyback or rollover credit.
Yes, it is possible to install a solar energy system if you are a customer of Magic Valley Electric Cooperative (MVEC). However, you would need to obtain permission from MVEC and sign an interconnection agreement with them before installing the system. Additionally, MVEC has specific guidelines and requirements for solar energy systems, so it’s important to work with a qualified solar installer like Synergy Solar RGV who is familiar with MVEC’s policies and procedures.
At Synergy Solar RGV, we believe that reliability is crucial when it comes to solar energy systems. That’s why we stand behind the quality of our workmanship and maintenance with a 10-year warranty on all systems we install. We only use proven and reliable manufacturers that have established themselves in the industry to ensure the longevity and efficiency of your solar system. With our commitment to providing exceptional service and reliable products, you can have peace of mind knowing that your investment in solar energy is backed by a trusted and experienced team.
At Synergy Solar RGV, we understand that homeowners’ associations (HOAs) have guidelines and restrictions that must be followed when it comes to the installation of solar panels. That’s why we work closely with both our clients and their HOAs to ensure that the design and installation of the solar system meet all guidelines and requirements. Our team of experts will work with your HOA to present a proposal that outlines the design and specifications of the solar system and addresses any concerns they may have. By working collaboratively, we can ensure that your solar system is installed efficiently and effectively while complying with all HOA regulations. With Synergy Solar RGV, you can trust that we will handle the entire process with professionalism and expertise to ensure a smooth installation process.
Investing in a solar system can potentially increase the value of your home by up to 4% more than comparable homes without solar, according to Zillow. Another study by the Lawrence Berkeley National Laboratory found that solar panels can add around $5,000 per KW of installed solar capacity to a home’s value. The value increase depends on several factors, including geographic location, local solar prices, system output, system age, and system replacement value. Despite the increase in home value, a renewable energy property tax exemption ensures that your property taxes will not be affected.
If you sell your home with a solar system, you can use the funds from the sale to pay off the balance on the system for the new homeowner. Alternatively, for an additional cost, Synergy Solar RGV can uninstall and relocate the system to your new home. The relocation cost will depend on the area of relocation, and we can provide a custom quote for your specific circumstances. While some finance companies may allow a transfer of loan to the new homeowner, most do not offer this option.
Solar panels typically have a lifespan of 25-30 years, with optimal production during this time period. However, they degrade slowly over time instead of immediately stopping working after a certain time period. Solar panels are low maintenance and often come with long-term 25-year warranties. They are built to handle a range of climates and conditions, including heavy rain, hail, wind, heat, and cold. Top-rated solar panels are engineered to withstand winds of up to 140 MPH.
If your solar system is still grid-tied, your electricity bill will depend on how much electricity your system is generating and how much you are using. If you use more electricity than your system generates, and you have a fairly large system, you will see the difference on your bill, typically around $5-$20. Net metering may allow you to receive a credit to your account if your system generates more electricity than you use, depending on your utility provider plan. Fixed utility charges and base fees from the electric company may still apply, but these fees can be offset by overproduction. It’s important to keep in mind that the original monthly electricity bill without solar will continue to increase based on electricity rates, with an average inflation rate of 4.16% annually and a 13% increase in Texas prices since 2019.
At Synergy Solar RGV, we prioritize our clients’ needs above all else. We believe in being upfront and honest about whether solar is a viable option for your property. Our team will provide you with an accurate evaluation and let you know if solar is not the best fit for your unique situation. Our goal is to make sure that our clients make informed decisions and that they get the solutions that make the most sense for them. With Synergy Solar RGV, you can trust that your needs always come first.