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Frequently Asked Questions

Not anymore, and not with Ipsun Solar. We make solar accessible to everyone regardless of income. But now, with advances in technology and the growth of the industry, as well as with with state and federal incentives and innovative financing programs, solar is not only a much more affordable energy option, it actually pays for itself through savings and the additional income your system will generate for you.

Answer: $3-$4/Watt

The cost for a customer to purchase a solar array is generally measured as a price per Watt, which represents the full cost of an installation including design, permitting, materials, and labor. We offer systems in the range of $2.50-$4.00/Watt depending on your specific situation. That means an average system size of 5 kiloWatts (or 5,000 Watts) would cost between $12,500 and $17,500. In most cases, the majority of that cost can be recovered in the very first year after an installation through federal tax incentives, as well as energy savings. We are as transparent as possible about pricing because we stand for empowering the customer, and while we have to make sure our business remains healthy and sound we strive to do our part to keep solar affordable for residents in our region.

Answer: Check out our tutorial

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Dominion – Tutorial to find your electric bill

Do you get paper bills in the mail? Scan it or take a picture with your phone and email or text it to your solar consultation representative

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Pepco – Tutorial to find your electric bill

Do you get paper bills in the mail? Scan it or take a picture with your phone and email or text it to your solar consultation representative

The tax benefits differ per state, but one of the biggest benefits is the Federal Investment Tax Credit (ITC), which has been significant in the support for solar growth nationwide. The ITC is worth 26% of the system’s cost and can be claimed by the system’s owner. This credit is a dollar-for-dollar reduction in the amount of federal taxes owed.

Tax deductions reduce taxpayer’s taxable income. Tax credits reduce owed taxes.

The decision to buy or lease depends largely on your personal preference. Each option provides differing benefits for short-term and long-term savings. Tax benefits, credit score and financial position are also important factors in determining which option works best for your situation and needs. Your solar assessment specialist will be able to better explain the benefits of each.

Answer: Yes, multiple options.

We work with several banks that provide loan financing with competitive terms. We also partner with companies that can help you defray the upfront cost of a solar system by purchasing your Renewable Energy Credits upfront when you purchase a system. In some jurisdictions, you can pay for upwards of 80% of the cost of a system over the course of the first year with federal and local incentives