POWERHOME Solar is one of the fastest-growing solar companies in the United States. It is headquartered in Mooresville, North Carolina, and specializes in solar energy and roofing services.
Initially, the company was founded in 2006 as Rescomm. However, in 2014 the company rebranded and became POWERHOME Solar and Roofing.
In 2020, POWERHOME Solar was ranked number 255 on the Inc. 5000 list of fastest-growing private companies in America. POWERHOME Solar also boasts that it was ranked seventh nationally among residential solar installers by Solar Power World — making it the number one residential solar company in the Southeast and Midwest.
POWERHOME Solar doesn't provide any exact pricing information on its website. This is completely expected within the industry as the cost of each solar system will vary from property to property.
POWERHOME explains that solar panel prices depend on your current energy consumption, the direction your home faces, the amount of sunlight your roof receives, and more.
However, we applaud POWERHOME Solar for including all the components that will affect your solar system's final price.
The company states that you will be given an all-inclusive price for your system and the final price will be based on the following factors:
For many homeowners, trying to figure out the total cost of their new solar system can be like pulling teeth. We appreciate POWERHOME Solar's transparency and providing consumers with at least some general information on exactly what will affect the total cost.
POWERHOME Solar offers $0 down, 100 percent financing to qualified homeowners.
The website doesn't exactly say the qualifications, so you will need to contact the company directly for more information.
POWERHOME Solar boasts that it has some of the highest-quality solar panels that come with superior reliability and performance. Because the company fully believes that its solar panels are superior, all panels come with a 30-year linear power performance guarantee and a 25-year product workmanship guarantee.
Additionally, the panels that POWERHOME Solar uses guarantee that your panels will operate at 80 percent of their original capacity after 30 years.
POWERHOME Solar also offers a 12-year warranty on solar inverters (don't worry, you can purchase an additional 13 years of coverage to match your solar system's 25-year warranty).
POWERHOME Solar doesn't hire subcontractors. Instead, the company's team consists of fully licensed electricians, with unlimited general contractors license and unlimited electrical contractors license.
POWERHOME Solar is also a GAF Master Elite roofer. In addition, the company has multiple employees who have completed either OSHA 10 or OSHA 30 training, and the project engineer/design manager is NABCEP-certified.
Homeowners looking to get a solar lease or PPA for their new system will have to look elsewhere.
While a solar lease or PPA can be a great solution for many homeowners, POWERHOME Solar has several reasons for not offering these financing solutions.
The first and foremost reason POWERHOME doesn't provide solar leases is that it believes that everyone should own their power. When leasing, a third party essentially owns your solar system.
While there are some positives to a lease (the fact that you can get a solar system for little or no money down, you avoid the responsibility of repairs and maintenance, etc.), there are also a few negatives — the main one being that you lose control of your roof.
As leasing companies aim to maximize their profit, you could end up with a lot more panels than you wanted, the panels will be placed where the company wants, and you have to worry about selling the lease to another person should you move before the lease is up.
The second reason POWERHOME Solar doesn't offer solar leases is, so you (the homeowner) get the maximum return on your investment.
POWERHOME Solar is only available in 15 of the 50 states.
The company is still young and growing, so it may be available to residents of other states soon, but there is no timeframe for when that will happen.
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