An important aspect of going solar is the relationship between the home’s main electrical panel and the solar system. The home’s electrical panel must be able to handle the capacity of the solar system’s size, otherwise, it will be required to upgrade the panel. With certain homes that go solar, a main panel upgrade may become an obstacle to the installation process.
Since 2011, solar has become real estate’s hottest commodity. More and more home and business owners see how the trend in going solar has gained attention and demand in the energy sector. What has resulted is a big boom in competition between solar manufactures, solar contractors, and solar financial and leasing institutions.
Time of Use (TOU) is a plan that is proved by the utility companies based on when property owners consume their electricity. It factors in the cost of electricity that so distributed to the home/business throughout the day, where the peak hours cost a higher price while non-peak hours cost a lower price. Although some utilities in California already offer an opt in TOU rate, once a home goes solar, it is incorporated into their NEM (Net Energy Metering) billing plan.