What Are Solar Production Guarantees and Why Do You Need One for Your Solar Systems in Albuquerque, NM?March 8, 2018 3:14 pm Leave your thoughts
Solar energy is gaining traction in the residential, commercial and industrial sectors across the nation. The increase in homeowners and business owners investing in solar panel systems has led to a similar surge in solar system providers, many of whom claim their system will outperform others on the market.
In order to hold themselves accountable and gain customer trust, the sellers and installers of solar systems in Albuquerque, NM will often provide a production guarantee with their solar system installations. These guarantees differ from warranties or performance guarantees, but provide the customer with a promise that their solar system will produce a given amount of energy each year.
What is a solar production guarantee?
Solar systems, also called photovoltaic (PV) systems, are designed to last for decades with little to no maintenance, but are often a major investment for the average homeowner or business owner. Because of the high initial cost, many solar panel installers will inflate the energy output and return on investment (ROI) their solar systems are supposed to produce in order to make a sale.
If the same installers who over-exaggerate their solar systems’ production do not provide production guarantees, the customer is essentially out of luck if the system does not live up to expectations. There’s very little to be done if your solar system does not produce as much energy as they initially said it would.
However, production guarantees help combat this. These guarantees are legal obligations for the company in question to fix the problem and/or compensate the customer if their systems do not meet production expectations.
This is how they work: When a company designs the solar system for your home or business, they will use sophisticated solar engineering software and tools to produce the design and also predict how much energy, in kilowatt hours (kWh) the system will produce over the years. Once they have these estimates, they will tell you and add a production guarantee into your sales contract. This means they have guaranteed that your solar system will produce that amount of energy (or more) per year.
Then, if your solar system produces less than that guaranteed amount, the solar company is legally obligated to fix it and will often compensate you for the difference. Many production guarantees last between 5 and 10 years.
Why are these guarantees beneficial?
There is no law mandating solar production guarantees, and customers do not need one to purchase solar systems in Albuquerque, NM, but it is a very smart move to insist on getting one as a form of protection. These guarantees show you, the customer, that the company stands behind its workmanship and its products and cares about its customers and their satisfaction.
It’s also important to remember that production guarantees are different from performance guarantees or warranties; these types of warranties are from the manufacturer and say they will replace a solar panel if it degrades faster than it is intended to.
If you are interested in purchasing solar systems in Albuquerque, NM, trust local experts who pride themselves on customer satisfaction, like the team at Experienced Solar. We’ve designed, engineering and installed turnkey remote solar electric systems for residential, commercial and industrial clients for over 20 years. We design everything to your unique application and are well known for our precision and premier products. Call us today to learn more!
Categorised in: Solar Systems
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