Solar group buying has been going on for years now. Many different homeowners associations, neighborhoods, and homeowners have taken advantage of the incentives that can be found through solar group buying.

But many wonder if solar is still worth group buying in 2021. Are there better ways to purchase solar or ways that will keep you saving more money than group buying? We’re here to help you sort through it all.

Solar Group Buy: How Does it Work?

The solar group buy model is simple. It’s exactly what it sounds like. A group of solar customers purchases solar panels and installation together to get discounts compared to if they purchased on their own through the solar company or contractor of their choice.

There are many benefits that come with taking advantage of solar group-buying, which is why so many people have been solar group-buying for years. First, it’s a straightforward process that doesn’t require many hoops to jump through to get the solar energy installation started and save money on your electric bill immediately after installation.

solar group buy

Another benefit of solar group-buying is the fact that you can often purchase solar panels at below-market prices, which means more savings in the long run. This is, in many ways, one of the biggest benefits of investing in solar as a group. Before solar panels were widely available like they are today, homeowners were forced to pay a lot more for solar energy systems.

Solar Group-Buying Pros & Cons

We’ve already touched on some of the solar group buy pros, but there are also solar group-buying cons you need to be aware of before jumping into a solar group-buying contract with your neighbors and fellow homeowners. But let’s cover it all:

Pros

There are loads of benefits to going solar. These are just some of the specific benefits that can be experienced through solar group buys.

Fast Install

Fast install is one of the biggest factors in group buys. But, while this can be a positive thing, it can also be negative in some cases. While the panels can be installed faster, they aren’t always hooked up and ready to go as soon as they could be if you were the only home getting solar installed.

Better Deals

A better deal on solar energy is why group buys started becoming popular throughout the United States. Today, solar is more widely available and common, but there are still areas where group buys can save homeowners a lot of money on solar.

Because the solar installers and manufacturers are able to sell so many panels and systems in the same area, they’re able to offer a pretty significant discount from what they would otherwise be charging.

Extra Rebates

Being able to invest in and afford solar can be hard. Extra rebates are often made available during solar group buys. Power companies, local governments, and larger utility support groups will often offer these rebates for homeowners and businesses.

Tiered Pricing

The more solar that the companies can sell, the more money that those buying it will save. Most often, the price will have two to three different tiers. The first tier is the most expensive offered and the third tier being the cheapest option for the buyers. These tiers help to encourage public sentiment and help to get more buyers involved.

Cons

The downsides of solar are few and far between, but there are few downsides to buying solar panels through a group buy instead of purchasing them on your own.

One Time Solar Work

Once you’ve signed the solar group buy contract, it’s set in stone. Some costs or charges may come up after your solar panels are installed, but they will be covered by the solar group buy. But you won’t get to have that solar installer around after they’re done. They won’t partner with you for later changes or anything like that.

No Relationship with Your Installer

The relationship you have with your installer can be equated to a contractor or someone who helps work on your home. You’ll want to have a relationship with that individual or company because you might need service from them in the future. If you don’t have that solar installer around, then there’s a good chance you’ll need to find another solar installer if something goes wrong with your renewable energy system.

solar panel installation

No Personalized Services

One of the solar group buy cons is that you won’t get personalized services. You are a solar customer, and that’s it. You aren’t able to ask your solar installer for help with anything else like you might be able to do with a solar company you’ve been working with for years.

Not as Effective as it Once Was

Solar group-buying was once very beneficial because solar pricing was sometimes high, and it was hard to get solar panels without spending a lot. Today, solar energy is fairly priced and competitive enough that it’s rare to spend more than you should for your system. At Sun Badger, we partner with solar manufacturers and can secure discounts that are better than almost every group buy out there. Our customers deserve the best.

If you’re interested in learning more about the solar installation that we offer and how we partner with the homeowners who purchase from us, reach out today! We’d love to help you and learn more about what you’re looking for.

Sun Badger Solar is a premium residential solar installer with years of experience in the solar installation space. We’d be happy to help you find the right solution to your solar needs. Contact us today!

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