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F A Q
Will my solar installer offer a loan?
Many installers provide loans, but not all installers. These are often unsecured solar loans, which may have hidden fees but other benefits relative to secured solar loans. While installers are often dealers for loans, they’re not necessarily the lender themselves. By signing up for a solar loan through an installer, you may be borrowing from a separate loan company that works with the installer. It’s important to consider the terms and conditions of your agreement with the lender as well your agreement with the installer.
What is the difference between secured solar loans and unsecured solar loans?
The primary difference between secured and unsecured solar loans is that secured solar loans require that you promise an asset, usually your home, as collateral for the money that you borrow. Unsecured solar loans do not, but their interest rates are generally higher to compensate for the increased risk taken on by the lender. To understand which financing option is best for you, evaluate offers for both secured and unsecured loans
Should I buy or lease my solar panel system?
The decision to buy or lease your solar energy system depends on your reasons for going solar. If you are interested in maximizing the financial returns of your solar energy system, buying the system is probably a better decision for you. However, if you prioritize an easy, maintenance-free way to reduce your energy bills and help the environment, you should consider a solar lease.
How does my solar system works?
WHAT IS OUR WARRANTY PROGRAMS?Sun light contacts the BendyGo Solar Systems, which convers electrons to Direct Current (DC).Direct current (DC) is now alternated to Alternating Current (AC).
This AC is measured by a Generate Meter before it is sent to the grid.
What is our warranty programs?
BendyGo offers competitive warranty programs in the market:
25-Year performance warranty backed by 3rd party insurance on Solar Panels.
5-Year standard warranty with optional extension on String Inverter.
20-Year warranty on mounts and racks.
2-Year warranty on labour/workmanship (1 cent/month for the extended warranty after the first 2-years).
Who is eligible?
Any person or business can install a solar electric system on their roof and participate in this program. Ideally a home would have a south facing roof slope that receives direct sun during the day. Solar systems require about 100 square feet of area per kilowatt, and at least 2 kilowatts of solar panels are needed to offer a good rate of return.
How long will the solar panels last?
The solar panels are performance guaranteed for 25 years, but your panels can generate electricity for much longer. BendyGo has partnered with industry leading suppliers to ensure durability and longevity of your system.
How do I choose the best solar loan?
Many different institutions offer solar loans, including local and national banks, specialty financing companies, manufacturers, and credit unions. To choose the best solar loan for you, compare options from a few different financing providers.
Which is better – solar loans or solar leases?
Solar loans and solar leases each have advantages and disadvantages. Both options reduce your monthly electricity bills and your impact on the environment, but the terms and conditions of each type of agreement are different.
Can I use this energy to power my home?
Yes, the Net Metering, SPPA, and the Off-Grid programs use the power produced by the Solar Power system while MicroFIT and FIT programs sell the energy produced to the grid at a subsidized rate for a guaranteed income for 20 years.
I've heard about a new low cost solar panel...
There is lots of investment in Solar technology development. The best producing solar panels for rooftops are crystalline silicon solar cells. These offer the highest efficiency, reducing the cost of mounting equipment and time to install. Low efficiency panels are less expensive per module, but will often result in higher system costs due to the larger array size. BendyGo uses only high efficiency solar products in its grid-tie systems.
How do the systems attach to my roof?
BendyGo recommends the kinetic racking systems. These unique solar panel mounting systems secure the modules to the roof with a low profile brackets covered with anodized trim pieces. They have special self sealing roof attachments that make sure the panels are strongly attached but watertight. If your roof needs replacing in the future, the system can be disassembled and reinstalled after the roofers have completed the roof.
How do I know what my system is producing?
An online monitoring system is available for each client and the inverter has a display that shows the cumulative energy produced by the solar array. All participants in the FIT program must install a second utility meter that logs and records the kilowatt-hours of energy produced by the solar system, and your utility will send you a cheque each billing period. Similar approach is used with Net-Metering program