Commercial FAQs2024-02-06T17:05:16+00:00

Frequently Asked Questions

Find the answers to the most often asked questions about solar energy systems below.  If you have more questions, a Geoscape Solar Advisor would be happy to answer them. Contact us to discover more.

What Is The Lifespan Of Your Panels?2024-01-17T20:04:17+00:00

Commercial colar energy panels typically have a working lifespan of 40 to 50 years. Annual solar panel degradation is 0.5% for newer technology panels. This means that after 25 years, the solar energy panels should be producing 87.5% as much electricity as they did when initially installed. Most brands warranty 80% production.

Real-life tests in Switzerland showed positive results. The LEE-TISO testing centre for photovoltaic components installed Europe’s first grid-connected PV plant back in 1982. They had the opportunity to inspect it 20 years later in 2002. The results showed an decrease of around 11% (only 0.5% per year) against the initial output rate.

Who Installs My Solar Electrical System?2024-01-17T20:04:54+00:00

Licensed electricians and professional crew members who specialize in solar installations will install your commercial solar energy system

What Kind Of Equipment Do You Use?2024-01-17T20:05:19+00:00

We feature highly efficient technology, currently including SunPower, LG, QCells, WAAREE and REC panels and components, and continually research new products to suit all types of solar solutions. Our solar engineers will specify which equipment is best suited to your property and energy needs.

How Long Does An Installation Take?2024-01-17T20:05:39+00:00

Commercial solar installation time varies based on system size, complexity of the installation, and the time it takes to get local permits are approved.

How Do I Track The Production Of My System?2024-01-17T20:06:06+00:00

Geoscape Solar offers full service monitoring and tracking of your commercial solar energy system’s production.

What Happens To Solar Production When It’s Cloudy Or Raining?2024-01-17T20:06:22+00:00

Commercial solar panels absorb the greatest amount of solar energy when they are in direct sunlight, but they continue to capture indirect sunlight during cloudy or rainy weather. Rain can provide an unexpected benefit by rinsing debris off of the panels and allow them to achieve peak performance. Geoscape Solar offers panel cleaning as part of our maintenance package.

How Much Will A Solar Electrical System Cost?2024-01-17T20:06:41+00:00

As every property has different energy needs, Geoscape Solar will provide a customized analysis of your property that will include costs, financial benefits, and financing options to achieve the fastest return on your solar investment.

Are There Financing Options Available?2024-01-17T20:06:59+00:00

Geoscape Solar specializes in finding the finance package that best fits your property’s energy needs in the market, and how each finance options will impact or enhance your return on investment.

What Types Of Rebates & Incentives Are Available?2024-01-17T20:08:58+00:00

After the passage of the Inflation Reduction Act, there is a 30% Federal Investment Tax Credit (ITC) as well as state incentives such as Net Metering or Renewable Energy Credits (These vary by state. Your property may also qualify for sales tax waivers or property tax credits that equal the value of your system. Your Geoscape Solar Advisor will enable you capitalize on all of the available credits and incentives you are eligible for.

What If I Need A New Roof For My Property?2024-01-17T20:13:16+00:00

Geoscape Solar recommend doing installations on roofs that are less than 10 years old and recommends replacing a rooof in need of repair before installing commercial panels on top of it. The cost of the new roof can be integrated into your solar energy project. A bonus of installing a roof mounted solar array is that solar panels protect your roof from wear and tear.

How Do I Claim The Federal Tax Credit (ITC)?2024-01-17T20:13:25+00:00

Geoscape Solar recommends consulting with a licensed tax professional in order to verify that your property is eligible for the 30% solar investment tax credit prior to installation. After your solar energy project is installed, you or your tax advisor will need to complete the appropriate IRS Form and attach it to your federal tax return.

What If The ITC Exceeds The Amount I Owe The IRS In Taxes?2024-01-17T20:13:35+00:00

You will not get a refund for any portion of the solar tax credit that goes unused. However, in most cases, you can carry over the balance of any unused amount of the tax credit into the following tax year until it is exhausted.

How Does ITC Work If I Lease A PV System Or Purhase Electricity Through A Power Purchase Agreement (PPA)?2024-01-17T20:14:06+00:00

If the system is leased or financed with a PPA, then the leasing company or PPA Provider claims the ITC, and the customer benefits by receiving a discounted cost of electricity.


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