Solar in Vancouver Works!
The Truth About Solar
Solar in Vancouver
People think that Vancouver’s climate is poor for Solar, but the reality is that Vancouver has an ideal climate for Solar. Our long summer days offset the winter days. Also, the rain that we get helps clean the solar panels, making the maintenance for the panels almost nothing! Germany is one of the world leaders when it comes to the number of solar panels installed. If you make a straight comparison between Berlin & Vancouver you will see we actually outperform their climate when it comes to Solar. Here is an image of what the comparison looks like:
Best of all, you can actually see how much energy your system is producing at any time! You will get an app for your smartphone, or you can view the info on your computer for free at any point in time! This will ensure that everything is working and that you are producing real energy for your home! Here is a screenshot directly from one of our customers:
Net Metering – No Batteries Needed
BC Hydro has one of the best net metering programs around. Any excess power you generate during peak sun hours is sent back onto the grid and recorded in a credit account, you can use this power when you need it and not just when the sun is strong.
Installing Roof-top Solar won’t Harm Your Roof
Penfolds is the only company to offer a lifetime warranty on your solar system AND the only company to warranty an existing roof where solar is being installed. All Penfolds’ warranties are backed by a 3rd party insurance company giving you complete peace of mind.
The Payback is Immediate
The moment your Penfolds solar-panel energy system is installed on your roof, anywhere in Metro Vancouver, the value of your property increases, up to 160% more than the cost of your solar energy system. Why? Because prospective buyers place a high value on installed solar.
A study was done for the US Department of Energy by the Lawrence Berkeley National Laboratory (LBNL) in 2011 that shows a $5911 jump in home value per installed kW, an immediate payback of between 130 and 160% of the system cost, depending on the size of the solar panel system you choose.
The study examined sales data for 1,894 solar homes and 70,425 comparable non-solar homes sold across California between 2000-2009.
Their results are clear. LBNL’s report estimated that each 1-kilowatt (kW) increase in rooftop solar system size adds $5,911 to a home’s resale value, and that was in US dollars! Keep in mind that this bump in home value declines by 9% per year as the system ages.
Other studies show that homes with an installed solar energy system sell faster. So a Penfolds’ solar rooftop system will increase the value of your building significantly and make it easier to sell, whether residential or commercial. But the benefits don’t stop there.
Solar Panels are a Great Return on Investment
As a solid-state system with no moving parts, a Penfolds’ solar panel system is designed and tested to last for decades, most likely a lifetime. Many solar panels installed in the 1950s are still pumping out power. However, solar panels do lose some efficiency over time, 0.5% per year, but not to worry, even after 40 years your panels should be at 80% efficiency.
Because your solar energy system will last so long, the value of the energy it produces over time makes it a great investment. A Penfolds’ solar panel system brings you a large and stable return on investment over 40 years, not including the jump in your home’s value.