FREQUENTLY ASKED QUESTIONS
Q. How long of a rental agreement do I have to sign?
A. One year, five years, or 25 years. Over 80% of our customers sign the 25-year
contract because that locks in your rate for the entire term of the contract.
If you sign a shorter contract, your rate is recalculated according to current
energy rates at the end of the term.
Q. What happens if I sign a 25-year contract and I want to sell my house in 10
years?
A. You have three options.
First, you can ask us to move the system to your new house. We do that one time
for free.
Second, you can transfer the contract to the new owner. This can potentially add
value to your house because if energy rates keep going up like they are and
they are 40% higher in 10 years, your buyer would get a 40% decrease on their
energy bill because of your foresight.
The final option is that you can contact us, tell us that you want to end the
contract and we will remove the unit.
With this third option you do lose your security deposit.
Q. Okay. I want a system on my house. How does it work? What is the process?
A. You sign up online and one of our Independent Ecopreneurs will help you each
step of the way. There are some simple questions to answer about your amount of
shade, the direction of your roofline, etc. Then, the later half of 2008, a
solar engineer will come to your house to design your system.
Q. What if I don't like the design? Am I still obligated to the contract?
A. No. You can back out of the contract with no penalty.
Q. Okay. I like the design. I want the system. What's next?
A. A security deposit of $500 for the average KWp system is required, which you
will get back at the end of the agreement, with interest. A few months later
after all the permitting an manufacturing is done the system will be installed.
The permit process can take as much as 90 days depending on how cooperative the
local utility is, but we handle every step of the process and you don't pay
anything until your unit is producing renewable, clean power for your home. The
average installation usually takes about a day.
Q. What exactly do I pay? How is that calculated?
A. You pay a rental for the amount of energy that your system produces, which
will be slightly less than what you pay your electric utility now.
You are actually producing your own power from the sun. Our solar engineer will
go through your past energy bills. Then, if you are interested, they will walk
through your house and show you how to save energy. Taking all this into
consideration, they will calculate how much energy your personal solar system
will need to produce in order to supply electricity for all of your needs. They
will then design the system to supply that energy. You simply pay the rate per
kilowatt hour that is on your contract for all the clean, renewable energy that
your system produces.
Q. Do you have any hidden fees, or maintenance charges?
A. Nothing extra. We have no connection fees or any of those"extras" that other
companies like to tack on. The government is not trying to tax the sun yet.
Q. So will I have two bills? One from the us and one from my utility company?
A. Yes. You will pay us a rent for the power your system produces and you will
pay your utility
company the same connection fees you pay now, plus you will pay them for any
excess
power you use that exceeds the contract.
Q. What does that mean, exceeds the contract?
A. If, at the end of the year, you used more energy than what you contracted for
and your system produced for you, then you would need to pay your utility
company for the excess energy that you used.
Q. And what rate would I pay for that energy?
A. You would pay your utility's current rates. Sorry, we cannot do anything about their rates…but look at it this way. You will be using a lot less of that polluting power
and the energy you rent from us will always be the same guaranteed low rate. No
surprises. If you read about rising energy prices, you can smile to yourself
knowing that your solar energy costs are locked in for the length of your
contract.
Q. But in my first year, I am just paying the same rate that I was paying
before, right?
A. Often it is actually less. We base our rates on the yearly average for your
utility. So we have to base our rates on the prior year. Since rates tend to go
up each year, many customers will save money on their first bill, and this will
only increase as the years pass. We provide a calculator on our website that
will tell specifically what they will save with their particular utility and
their monthly usage. Many customers save over $10,000 just by upgrading to
solar. Our whole mission is to help people join the solution and stop being
part of the problem.
Q. Please give me an example of what my monthly bill might be…
A. Let's say you contracted for us for your system to produce 12,000 kilowatt
hours for the year and your contract rate is 10 cents a kilowatt hour. Your
total bill for the year would be $1,200 for the rental of our solar unit. With
most utilities, you have some months that are higher and some lower. You never
know. It is hard to budget. We have a system called "Even Pay" where, in this
example, you would simply pay us $100 a month every month. Simple.
Q. What happens if I contract for a certain amount of kilowatt hours and then my
kids go off to school or we want to travel 3 months a year?
A. Your system is remotely monitored automatically every day. If your solar
engineer notices that your usage has dropped, they will contact you to see if
this is a permanent situation or just a short-term fluctuation. If this will be
a permanent decrease in your energy usage, they will come out and remove the
proper number of panels and readjust your contract.
Q. And how much will that cost me?
A. Nothing. We make solar simple.
Q. What happens if something breaks or goes wrong?
A. We have a complete worry free performance guarantee. If the unit ever stops
working, one of our franchises will rush out to fix it for free. The customer
has no rental charges until the system is working again so we are motivated to
get it fixed fast.
Q. What if my kid hits a baseball through one of the panels?
A. It is just like renting a car or any appliance. You are responsible for
returning it in good condition. If you backed your car over your electrical
meter, you would be responsible for replacing that, also. We recommend that
customers contact their homeowners insurance to double check that the unit will
be covered under their policy. Usually there is not a problem.
Q. Wouldn't I save money in the long run if I just bought a solar energy system?
A. Actually, no. Renting can save you a significant amount of money, and it
protects you from a large investment risk. If you buy solar panels and invest
$40,000 you are tied into that technology for a long time. If something new and
better comes along, you can't switch because your $40,000 would be wasted. This
is highly unlikely, but let's say a new technology comes out 10 years from now
where you can get clean electricity for 2 cents a kilowatt hour and you have a
contract with us for 10 cents a kilowatt hour.
If you break your contract with us you lose your security deposit, usually $500.
Let's say your bill is $100 a month with us and it would be $20 a month with
this amazing new imaginary, highly unlikely technology. So you would be saving
$80 a month. You can simply contact us and tell us you would like to cancel
your contract. You would lose your security deposit. But that is a lot better
than losing $40,000.With our growing distribution channel and our Research and
Development, it is
likely that us will distribute any new technology like this and we will do everything
possible to make our current customers happy.
Q. I understand that your manufacturing plant is not completed yet, is that
right?
A. Correct. The first systems will be ready to install the second half of 2008.
The plant will be the largest in the world... 600,000 sq.ft. and employ 3,500
Americans 24/7 in the NorthEast part of the US.
Q. So why would I sign up now?
A. First because you lock in your rate as soon as you sign up. With the way
rates are increasing, this could save you a significant amount of money.
Second, you reserve your position so you can get your system sooner once the
plant is producing.
Third, it also helps us show the market how many people will go green if we
provide an offer that makes sense on every level, including economically.
Q. What happens if I sign the contract and you never finish the manufacturing
plant?
A. The contract would be void and cancelled. We need to honor our end of the
contract just like you will honor yours.But the risk is all ours... no deposit
is required until after you have the solar engineer visit and design your
system.
We understand that this is a revolutionary concept. The big power and oil
companies have
been saying for years that solar power has no market. They have a vested
interest in making
that claim. It is hard to see the truth when your paycheck depends on not seeing
it.
We are proving them wrong. We have to. The risks are too big if we don't.
The only way that change is going to happen is if we create a better vision. For
that vision to
be sustainable, it needs to make economic sense for all parties involved.
Electricity
production is the number one source of pollution in the United States. We are
not asking
you to sacrifice anything. In fact, you can save a significant amount of money
by upgrading
your home to solar.
When was the last time you could save money and do the right thing?