Spend Less Time Waiting and More Time Generating with SunPower
SunPower is a very innovative and advanced company. They are able to generate 55% more energy than average solar panels. They have also created an app you can set up on your phone that allows you to monitor the amount of energy you are using. There are over 500,000 homeowners saving money on energy and you could be too.
Why Should You Choose SunPower?
SunPower has been continuously innovating and testing the limits of what solar energy can do for over 30 years. They were able to power the first solar plane on its journey around the world. The company has created extremely efficient solar panels that can generate 70% more energy than conventional solar panels. You have the option to buy, lease, or finance with SunPower. Many times you will not even have to put any money down when signing the contract.
- EnergyLink™ Ecosystem App
- Most Efficient Panels
- High Design
- Long Lifespan
Where are SunPower’s Solar Panels Sold?
Unfortunately, SunPower is not sold in every state, but check the following list to see if you live in the right state for SunPower.
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- Rhode Island
- South Carolina
- West Virginia
How SunPower Works
SunPower creates and manufactures all of their own products. They also sell all of their products internationally with licensed dealers. You can choose to lease, finance, or buy their solar panels from SunPower, and you usually do not have to pay any money upfront except when you are purchasing it. For those who are looking into financing their solar panels, your interest rate is as low as 2.99%.
SunPower has provided many different ways to help their customers be able to pay for it the most financially comfortably for them.
Leasing would be the best option for those who don’t have enough money to put down all at one time, but would still like to save energy. More often than not, you will not have to pay any money upfront (except if you are buying of course). Each contract lasts up to 20 years and you will have a 20-year warranty. They also have the lease-to-buy option where you can start off with a lease and then buy it. This is great for when you sell your house, you can just buy the system and take it with you to your new house or you can just transfer it to your new owners. The only downsides of leasing is that you have to be making monthly payments and you will not own your own equipment, which means you won’t be receiving tax incentives.
SunPower Loan (Financing)
Would you like to save energy and own your own system, but not have to pay several thousands of dollars up front? This is definitely the option for you. This term last around 10-25 years and comes with a 25 year warranty. You’ll be paying a monthly bill, but in the end you’ll be able to keep it instead of giving it back. Most customers that choose this option say they’re still paying less money per month on the system then they were for their electricity before having their system installed.
If you decide to move, you can sell the system to the buyers of your home or you can just include the price of the system in the listing. If you do end up picking this option, you still get the tax credits, unlike with leasing. This is great because most companies don’t do that unless you buy the product straight out of the gate. Tax breaks will make it a lot easier to pay off.
If you buy a system from SunPower, you have to pay for everything right then and there. However, this does result with a huge tax incentive. You can also leverage a home equity loan to make ownership possible.
Most of the solar competitors have a warranty of 10 years, but with SunPower, you get a warranty of 25 years (20 years for leasing). On top of that, SunPower’s solar panels have an average lifetime of 40 years which is double the durability of competing companies.
How is SunPower Different from Other Companies?
40 Year Lifespan
SunPower’s panels have a lifespan of 40 years because they are made of copper and pure silicon, unlike other companies which make their panels out of metal paste used on conventional cells. The copper makeup reduces the risk of failure by 85%. If one of the panels breaks and you are still under the warranty, they will remove the broken panel, ship, and install the new panel all free-of-charge.
World’s Most Efficient Solar Panels
According to SolarPowerAuthority, “The National Renewable Energy Laboratory, a federal organization that analyzes energy efficiency, verified that SunPower’s Maxeon solar cells operate 22% efficiency, which is the highest on the market.” Competing companies’s solar panels usually operate between 15%-18% which means their panels operate over 7% more efficiently. Their solar cells also produce 70% more energy over the first 25 years than any other solar panel on the market. With that rate of profit, you could pay of your system in no time.
Since SunPower’s panels are so strong and efficient, you do not need as many of them to produce the same amount of energy. This will impact the overall aesthetic of your house.
Eight out of 10 customers prefer SunPower’s Signature™ Black solar panels over conventional design. Their smaller, sleeker panels don’t have grid lines, have a low profile frame, and feature anti-reflective black solar cells. These solar panels blend right into your home rather than sticking out.
SunPower was able to power the first ever solar powered airplane, Solar Impulse 2, to fly around the world.
SunPower also created their own app so you can manage your solar panels from your phone. This app tells you how much energy you are generating, how much you’re using, and your lifetime savings estimate in realtime. You can also break down the day by day, week, month, year, or lifetime. You can get support straight from the app. If you do have to monitor the panels yourself, this app will make it so much easier for you. Even if you don’t have to manage them yourself, it still gives you insight about how much energy and money you are saving or spending. The only downside of this technology is that the app costs extra.
The owner of SunPower is Total, which is the fourth largest publicly-traded energy company in the world. With such an successful company behind this project, I’m sure you can trust SunPower to take care of all of your needs.
When you finance or buy, you receive tax credits. With most solar companies, you only receive tax credits when you purchase the system all at once. These can help you pay off your solar system in no-time and eventually turn into profit.