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Q: How much does a solar energy system cost? A: Unlike buying a certain model of car, the price of a solar system has many variables like the state you reside in, the size of the system you desire, your energy savings goals, and currently available incentives and rebates. After gathering the answers to the above questions, 1st Light Energy will be able to give you a much clearer picture of how much an individual system will cost you. Q: What is the payback period of a solar energy system A: The payback period refers to the period of time required for the return on an investment to "repay" the sum of the original investment. For example, a $1000 investment which returned $500 per year would have a two year payback period. The average payback period is eight months for 1st Light Energy customers. Commonly, people who keep putting off solar energy and instead continue to pay the utility company, don't see solar prices come down and have a longer payback period. Q: What is the rate of return on a solar energy system? A: Internal Rate of Return, known as IRR or more commonly as Rate of Return, is the amount of money gained on your solar energy system relative to the amount of money invested. This is also commonly referred to as ROI or Return on Investment. Once your solar energy system pays for itself, on average of 8 months for 1st Light Energy customers, your IRR will continue to grow. Q: What does KhW Stand For? A: KWH stands for Kilowatt-hour and is a unit of electric energy equal to 1,000 watts operating for one hour. Example: one kilowatt hour would operate a 100 watt light bulb for ten hours |
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Q: What States Does 1st Light Energy Service? A: 1st Light Energy installs solar energy systems in New Jersey, New York, California and Connecticuit. Q: What are the Solar Rebates in my State? A: Please visit our incentives page here. Q: Do I Need to Obtain Permits? A: 1st Light Energy will handle the entire process of filing for the proper permits with your municipality. Q: What if I Need Financing? A: 1st Light Energy can work to help arrange financing for you. Q: What Kind of Maintenance Does a Solar System Require? A: Solar energy systems are very low maintenance. Periodic simple cleaning and inspection are recommended. 1st Light Energy suggests that you keep trees that may shade the system properly maintained. Q: What Seperates 1st Light Energy from Competitors? A: There are many things that separate 1st Light Energy. Namely, with over 10 years in the business, we are experienced in the industry and not just another one of the many companies that have sprung up recently with no experience. Further, we put customer service at the forefront. From working with you to design your system to filing all of your paperwork, our main goal is to make solar simple for you |