EZPZ
What does NEM stand for?
Net Metering
What is a Racking System?
The metal framework that holds solar panels in place.
What is “Offset” ?
Term used to describe how much Solar Production can be used to cover usage consumption from utility.
If a Re-Roof is required, is the Homeowner allowed to add the entire cost of the Re-Roof on the Overall Cost of the Solar Panels and claim 30% of that total?
Yes.
South, East, West, and North.
What does PV stand for?
Photovoltaic
What is a String Inverter?
This type of inverter connects multiple panels at once.
What is “Degradation” ?
The loss of efficiency in solar panels over time
On a Purchase Option, does the Homeowner have the option to keep the Solar Credits for themselves and sell them on their own instead of signing their SREC’s off and receiving a check?
Yes.
Depending on certain stipulations, they can carry over those credits for 5 Years.
What does SREC stand for?
Solar Renewable Energy Credits
What is a Microinverter?
This type of inverter is attached to each individual solar panel.
What is “Tilt” ?
The angle at which a solar panel is installed to capture the most sunlight.
What is the name of the Mobile Application to monitor Solar System on a property and why is it important?
It monitors Hourly, Daily, Weekly, and Monthly usage to illustrate how much energy is consumed/produced and exported at a property. There is a monitoring system that alerts the HO whether or not there is an issue with the System.
What does the Racking System attach onto from the Attic of the Property?
Rafters
How much does the Federal Incentive Cover?
30%
What are Solar Batteries?
Energy Storage devices that store extra electricity that Solar Panels produce during the day so that it can be used later.
What percentage is the IL Renewable Energy Mandate set to for 2030?
40%
HO’s are exempt from a Bill from their Utilities as long as they have 130%+ Offset with Batteries.
False. No one is exempt from a Bill from their Utilities.
Step by Step, Name the Steps of Procedures upon signing a HO up for Solar.
- Basic Operations Steps
Site Survey, Final Design, Permitting, Installation, Inspection, Utility Connection, PTO.
*Answer is okay if Utility Connection is missed.
What does “AC” & “DC” stand for?
- Alternating Current
- Direct Current
What is the entire process of how energy is collected, transitioned, and transferred through a Solar Panel System and into the Grid.
Sunlight is collected, Panels convert sunlight into DC. DC Electricity is sent to the Inverters which then converts it to AC. AC is sent to the Electrical Panel which Powers all the appliances and outlets within the property. Excess energy is sent to the Utility Company. (Grid).
What is the difference between ”MMU” and ”MPU” ?
MMU - Upgrading the electrical meter on the side of the property
MPU - Upgrading the breaker panel inside the property
What is Cold Water Bonding in a Solar Panel Installation?
connecting the home’s cold water pipe system to the electrical grounding system of the solar array.
- Prevents shock hazards
A HO wants a Purchase Option but wants to pay as much as he would with a Cash Purchase; What can be done?
HO will pay off the system sooner, but will bypass overhead costs and fees. This will be the closest to the Cash Price he can get. Option to pay off the system early is at hand as well.