Frequently asked questions

Who are the owners of Simple Energy, LLC?


Josh Albert and Nick Krahenbuhl. Josh started his career in solar as a sales represenative and quickly discovered that helping homeowners save money on their monthly electric bill while reducing their carbon footprint is a passion.




Is it true that Simple Energy, LLC has given new customers brand new TV's as a thank you for doing business?


Yes! Customers receive a list of smart home devices to choose from when they choose to have solar panels installed with us.




In what states does Simple Energy, LLC operate?


Currently California, Texas, and Arizona.




How does solar energy reduce pollution?


Unlike conventional energy sources, such as coal, natural gas and oil, solar panels do not produce air pollution, water pollution, or greenhouse gases. Solar panels don't need to burn fossil fuels to generate electricity. For this reason, solar panels reduce air pollution.




Should I lease or buy solar panels?


Buy solar panels because you are working towards paying off the system. You are no longer paying for electricity just the equipment that produces your electricity.




Is it true that the Federal Investment Tax Credit will be expiring?


The Federal Investment Tax Credit or (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. Unfortunately, the federal ITC steps down to 22% from 26% at the end of 2020 and will be completely gone for residential solar systems in 2022.




How does solar energy impact my propery value?


The research finds that, on average homes with solar panels sell for 4.1% more. As a home owner, you can expect to recoup the cost of solar panels when you choose to sell your home.




What is the difference between a secured solar loan and unsecured solar loan?


A secured loan uses your house as collateral and places a lein on your home for non-payment. An unsecured loan is a non-collateral loan which doesn't put a lien on your home. #KeepitSimple




What is the out of pocket expense for installing solar panels?


With Simple Energy, LLC, there is no start fee, zero down and the installation is free. Again, #KeepitSimple




How does the federal residential tax credit (ITC) work?


The Residential Tax Credit (sometimes called “ITC” or “RTC”) in 2021 is a 26% federal tax credit for solar systems on residential properties. As the owner of the solar energy system, you may be eligible to apply the credit as a dollar-for-dollar reduction in the federal income taxes that you owe in the year that you purchased your solar system. If the RTC granted for your solar system is greater than your tax liabilities in the year that you purchased your solar energy system, you may be able to apply the remaining RTC in the subsequent year. To determine your eligibility for any federal solar residential tax credit, you should make an independent assessment or consult with your tax advisor. Here’s an example: The typical homeowner that goes solar with Simple Energy pays about 25,000 for their solar installation. In this example, the 26% federal tax credit could reduce a borrower’s taxes by $6,500 – a nice bonus! Through December 31, 2021 homeowners qualify for a federal tax credit worth up to 26% of the total cost of the solar installation. To qualify for the solar federal tax credit, a homeowner must meet all the following requirements: Own their home (renters are excluded) Their federal tax liability must be sufficient to qualify for the tax credit Own their solar system (leasing your panels are excluded)




Will I still have an elecrticity bill from my utility after going solar?


In most cases, our customers are able to eliminate their Electricity Bill. We structure our solar system designs to generate more electricity than you, the homeowner, is consuming. Therefore, allowing you to avoid any excess consumption from your utility and if the solar system generates more electricity than you use, you may be eligible for credits from your utility provider. Keep in mind, many utility companys still may charge you a small interconnection charge.