Equipment knowledge
PV is short for
What is Photovoltaics
5.99/ 6.99 / 7.99 are examples of these
What is an interest rate
What PPA stands for
What is a Power Purchase Agreement
A free lead, and the best of them all :)
What is a Referral
What NEM stands for
What is Net Energy Metering
This thing helps the panels collect the most sun they can
What is an Optimizer
15 months with Dividend / 18 months with Sungage
What is a Grace Period
The owner of the solar equipment
What is a bank/financial institution
The most important skill to learn to be successful in Solar
What is Mental Fortitude / A Strong Mindset
When a home gets a negative bill from the Utility
What is a Net Surplus
Takes Direct Current and makes Alternating Current (aka useable electricity)
What is an Inverter
The ability to recalculate one’s monthly payments
What is Reamortization
The owner of the power the panels’ produce
What is a Homeowner
The OG/ Grandpa of Solar
Who is Michael O’Donnell
When I sell 1kWh, I receive 1kWh back later
What is a 1:1 exchange
Used in swimming pools and solar equipment
The reason why a Financier may offer an APR discount
What is Auto Pay
The “lipstick on a pig” in a PPA agreement
What is a Production Guarantee
We get more of this in one day, than our entire world consumes in a full year
What is the Total Energy Emitted from the Sun
The form submitted to send credits to a friend/family member and play Santa
What is a Schedule Z
When a system experiences power loss because the inverter cannot convert all the DC power to AC power
What is Clipping
Solar loans are considered this type of loan
What is Unsecured / High Risk
The cost of the buyout, at any given time, is referred to as this
What is the “Fair Market Value”
3 yrs of solar panels being operational, afterwards it’s gravy
What is the System’s Carbon Impact
the specific price a utility pays a customer for the excess electricity their solar panels send back to the grid
What is a “Sell Rate”