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Author: Kaitlyn Short
Groundhog Solar is a full-service solar company based in Pennsylvania. The company has worked on residential and commercial solar since its founding in 2010. The company strives to find a solution for every customer and can accomplish this through its experience in the industry and understanding of solar.
Unlike many other solar companies who offer PPA loans, Groundhog Solar allows customers to purchase the solar system at the end of the loan period for only $1. PPAs are normally agreements where the homeowner or business is required to return the solar panels when the contract ends or pay for the panels at a high price. With this incredible deal, customers can receive lower monthly electric bills and then purchase the panels at the end of the contract almost for free. Groundhog Solar does note this deal under its “nonprofit” section, meaning the deal may only be for nonprofit organizations.
Groundhog Solar provides numerous very detailed scenarios with different costs of solar, solar tax credits, loan lengths, and final costs. These scenarios give customers a great idea of how much their solar panels would actually cost. Few solar companies are as transparent with their prices as Groundhog Solar.
Those who choose to work with Groundhog Solar can qualify for special group rates and discounts because Groundhog Solar is a member of the Indiana Solar Cooperative. Customers should be sure to verify if the group is still active, however, as the last posts were from 2019.
Groundhog Solar doesn’t install solar batteries in the case of a power outage or storm. Instead, they can install gas powered generator systems for when this occurs. Although the pros and cons of using a solar battery are debated, many customers who choose solar want to be more eco friendly, and Groundhog Solar does not offer a solar battery to do so.
It is unclear whether Groundhog Solar offers more payment plans other than loans for all and PPAs for nonprofits. The top solar companies typically have a flat-rate purchase price as well as a lease option. For customers looking to go in that direction, Groundhog Solar may not be right for you.
Groundhog Solar is a solar company based in Pennsylvania. The company does both residential and commercial solar. On its website, the company has several detailed financial examples of solar panels and how much they cost, helping customers understand if their budget is right for solar. Additionally, the company offers great PPA deals for nonprofits to purchase their panels at the end of the contract for $1.
Customers should be aware that there are other payment methods available in the solar industry not mentioned on Groundhog Solar’s website (like buying or leasing) that may be helpful for some customers. Additionally, Groundhog Solar does not install solar batteries. While this isn’t necessary, it can be helpful during power outages. Groundhog Solar does install gas-powered generators.
In all, nonprofits and those not looking for a battery can consider Groundhog Solar, and all other customers should seek out more information from Groundhog Solar before making a final choice.
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