Declining costs and increasing incentives make a solar investment extremely valuable – but the price tag certainly isn’t low. When shopping for solar, also known as a photovoltaic (PV) system, you want to ensure you’ll get your money’s worth. So, it’s important to understand the lifetime of the equipment and its expected energy production. Many solar installers will guarantee a certain amount of electricity production to provide peace of mind when installing a PV system. In this article, we break down solar power production guarantees, what happens when a system’s production doesn’t match the amount of power guaranteed, and why some solar companies don’t offer this for home solar panel systems.
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