Auric Energy
2.7
4.7
Overall Score
Author: Kaitlyn Short
Auric Solar is out of business.
As of May 2020, Auric Solar (also known as Auric Energy) has filed for bankruptcy and is no longer in business. As such, the information in this review may be out of date. Visit our top solar companies page to see which company is right for you.
Auric Energy, formerly known as SolarTek Solutions, was founded in 2010 by Trent Vansic and Jess Phillips. The company is currently headquartered in West Valley City, Utah and provides residential electric solar services in Utah, Idaho, Colorado, and Oregon. Auric Energy is quickly becoming the one of the largest solar installers in Utah, as well as one of the fastest-growing companies in the U.S., with recognition on three consecutive Inc. 5000 lists. Auric Energy has had an average year-over-year growth trend of 173 percent and is the only Gephardt-approved solar company in Utah.
Read on to discover The Good, The Bad, and The Bottom Line about Auric Energy, as well as view Auric Energy reviews from real customers.
Top Ranked Companies
The Good
- Great Warranties
- No Money Down Option
- NABCEP Certified Installers
- Paperwork Completion
- Focus on Customer Service
- Trusted Partners
- Community Work
Great Warranties
The benefits of switching to solar are huge: you can save a lot of money, reduce your carbon footprint, and increase the value of your home without voiding your roof warranty. Auric Energy offers a 25-year craftsmanship warranty and an exclusive 20-point annual inspection with every system to ensure that every component of your system is working properly. On top of that, the manufacturers of Auric Energy's products provide a 25-year warranty on the solar panels and a 25-year warranty on the inverter.
No Money Down Option
Auric Energy strives to help its customers save by offering a $0 down loan option with no interest or payment for 15 months. Plus, since you'll own your solar panels with a loan, you'll be eligible for the 30 percent federal tax credit and any state incentives available. With Auric Energy's loan option, you'll enjoy a low, fixed monthly power payment each month.
NABCEP Certified Installers
Auric Energy makes switching to solar easy and hassle-free with three simple steps. First, you'll request a free consultation. After that, you'll have the opportunity to choose the bundle you want based on your energy needs and budget. Finally, you'll select one of Auric's various installation options. Once you've selected an installation option, Auric Energy will handle the rest. You can sleep easy knowing that every Auric Energy installer is experienced and NABCEP certified.
Paperwork Completion
Auric Energy handles all of the backend work, including doing homework on important incentives that customers should be aware of, as well as submitting for local permits, organizing and delivering tax credit paperwork, applying for rebates when applicable, and applying for net metering installation with the utility company.
Focus on Customer Service
This solar company aims to offer a high level of customer service by keeping customers in the know about its process and providing them with information about about their solar system, investment, and savings. Auric Energy even offers a free educational seminar series.
Trusted Partners
Auric Energy takes pride in the companies it partners with and has strict guidelines for working with each of them. The company has partnered with Silfab Solar, Panasonic, Solaria, REC, and Enphase Energy, which all uphold the quality standards that Auric Energy expects for its residential electric solar power systems.
Community Work
Auric Energy is committed to giving back to the community through its Auric Echo program, which provides deserving organizations with a free solar array for every kilowatt sold via its Buy Solar, Give Solar initiative.
The Bad
- Possible Transparency Issues
Possible Transparency Issues
Auric Energy has an almost flawless reputation in the industry; however, in our research, we did find a complaint regarding lack of transparency at one point in the sales process. The customer who filed the complaint was initially pleased with Auric's services, but then began to have difficulty with the bank Auric used to finance her loan. The customer stated that she had to finance an additional $5500 because Auric did not explain to her at the time of purchase that she would not be able to take advantage of the entire 30 percent federal credit in the first year. After this incident, the customer was questioning whether or not she would get the energy she were promised. With that being said, it is important to note that this is just one customer's complaint. We were unable to find any other complaints of this nature.
The Bottom Line
Auric Energy is a fast-growing solar provider in Utah, Idaho, Colorado, and Oregon. With Auric Energy, customers have access to an awesome $0 down loan that gives them ownership of the panels, as well as access to federal tax credits and state incentives. Auric Energy's products feature great manufacturer warranties to help cover you in case anything goes wrong with the equipment, and the company itself provides a lengthy 25-year craftsmanship warranty.
