Want a better performing solar array and better solar financials? Learn ways to ensure the proper management of the significant investment you’ve made in solar with these four keys to success.
1 – Monitoring Your System
Many owners wrongly assume that their installation will work flawlessly from commencement, or that if something does go wrong they’ll somehow be alerted. While solar installations are designed to last 25 to 30 years, issues will come up. Being able to recognize those issues early on and respond effectively can be the difference between losing a few hundred dollars of savings and tens of thousands of savings.
That is exactly why active remote monitoring is essential. Only with industry experts monitoring your system and measuring it’s performance relative to other systems in the area can you rest assured that your system is performing as it should. As issues are identified and alerted directly to you, you’ll save significant production value in the process.
2 – Performing Regular Inspections
Many major system issues that cause lost production and expense are entirely avoidable. By performing regular inspections with the right expertise, system owners can ensure better uptime and lower costs of operation long-term. Don’t be penny wise and pound foolish by not investing in the proactive management of your array. Furthermore, regular inspections are viewed favorably by insurance companies as they reduce risk and demonstrate the owners commitment to strong and consistent solar production.
3 – Verifying The Value Of Your Net Metering Credits And Resolving Billing Issues
In states such as Vermont and Massachusetts net metering credits are a critical source of value for solar project owners. However, because of old, arcane, and in many cases manual billing systems, utilities make significant errors when providing these credits to solar projects and their recipient accounts. That is where expert verification comes in. By tracking and analyzing the flow of net metering credits, errors can be identified and resolved to not only ensure full value but to save tens of thousands even hundreds of thousands of dollars of lost revenue and savings.
4 – Understanding You Have Choices When Selling SRECs and RECs
Most solar project owners only believe they have one choice when selling their SRECs or RECs. SREC and REC markets can be all too opaque and working with the right broker can make a huge difference in cash flows. Knowing the right questions to ask, and key qualifications are important when considering this solar project value stream. A solar project owner should be prudent and work with a broker that can offer the best in liquidity, pricing and platform.
Learn how Suntility’s professional solar services can help you and your existing solar array achieve success. Contact us today at 508-538-4-Sun.