Will it work on their type of roof? Yes. No matter what kind of roof your homeowner may have – tile or asphalt, flat or pitched – we have a good-looking solar solution.
How does billing work? Every month, your homeowner will receive a statement from OneRoof Energy. They will never have to worry about sending in a payment, thanks to our automatic bill pay options. Since they will still be getting some of their energy from the utility company, they will continue to receive a bill from them, based on their lower usage.
How long is the SolarSelect Financing Agreement and can they buy the system if they want? The agreement is for 20-25 years. And yes, if they would like to buy it, they will have buyout options starting in the 7th year, for fair market value.
What if their system isn’t working properly? OneRoof Energy will take care of any maintenance or repair issues that come up. As part of our performance guarantee, we continually monitor the performance of the system 24/7, and we service and maintain the system at no cost to the homeowner for the entire length of their financing agreement. . If there are any problems caused by normal wear and tear with the system, we repair or replace it… at our expense.
What happens if the homeowner decides to sell their home? The homeowner has a couple of options. They can transfer the agreement to the new owner; after all, there’s a very good chance the buyer of their home will want to continue enjoying the benefits of solar (and it’s probably one of the many things they like about the house). Assuming they meet our credit requirements, the solar payments simply get transferred over to the new buyer. Another option for the homeowner, as we mentioned above, at any time starting in the 7th year of financing the system, they can purchase the system outright, and pass on the investment to the new buyer by including it in the home’s selling price.
What happens at the end of the homeowner’s SolarSelect agreement? The homeowner can do one of three things. They can either purchase the system, decide to extend their agreement to 25 years, or simply ask us to remove their system. It’s entirely up to them.
Have more questions? Just ask!
*Zero due at agreement signing. Amount due at signing and payments are contingent on credit approval and based on an excellent credit rating. No security deposit is required. The term of the solar energy system is for 240 monthly payments, based on a 3.5 kW system and standard installation requirements. The agreement consists of 240 monthly payments that will vary over time. The first years’ payments will be $98 per month. Monthly payments will increase by 3.9% each subsequent year, so that payments in months 13-24 will be $101.82, payments in months 25-36 will be $105.79, etc. The actual payments and total cost may vary based on the particular system. An extra charge may be imposed at the end of the agreement based on the difference between the residual value of the system and its fair market value at the end of the agreement term.
OneRoof Energy will have a licensed solar installer contact you with your free quote and additional information on how to get started.