EnergySage Review 2023 | consumer affairs (2023)

FAQs

Is EnergySage legitimate? ›

EnergySage is legit. This company gives everything to protect homeowners from exploitation. It only allows reputable contractors and solar companies to register on the website. So, you can trust that the quotes you get are from screened solar installers.

Schneider Electric acquired EnergySage in 2022, giving the company another influx of capital to keep pursuing its goal of empowering consumers to make smart energy decisions.

ENERGYSAGE Rating:

However, their information is designed to convince you to buy solar and get quotes from their partner installers. The companies that send you solar quotes pay a fee for your info, and that's how EnergySage makes money.

EnergySage is the leading online marketplace for all things "Electrification" - helping consumers learn and comparison-shop for solar, batteries, heat pumps, community solar, EV charging, demand response, etc. We have facilitated over $1 billion in solar and battery storage systems on our platform.

In 2022, the average yearly pay for solar panel sellers is $81,635. Less experienced or entry-level solar panel sales representatives can expect to make between $39,960 to $55,630 each year (or $19 to $27 per hour).

Yes, solar is worth it in California! In fact, solar panels are worth it in most areas, though certain factors – including the cost of electricity, available incentives, the climate, and sun angle – will all impact how quickly you break even on your investment relative to other areas.

Although most people likely know Tesla as an electric car company, it took a major step into the solar business with its 2016 purchase of the solar company SolarCity, which was founded by cousins of Tesla CEO Elon Musk.

EnergySage has been acquired by Schneider Electric, one of the most sustainable companies on the planet, providing us with the support and resources we need to accelerate our vision for a clean energy future.

Who owns the most solar panels in the US? ›

EnergySage has 53 employees, and the revenue per employee ratio is $56,603. EnergySage peak revenue was $3.0M in 2021.

The company was founded on July 4, 2006, by Peter and Lyndon Rive, the cousins of SpaceX and Tesla CEO Elon Musk. Tesla acquired SolarCity in 2016, at a cost of approximately US$2.6 billion (equivalent to $2.9 billion in 2021) and reorganized its solar business into Tesla Energy.

Sunrun: The biggest solar company in America. Sunrun offers quality panels, a choice of a couple of batteries and quality inverters. It also offers strong warranties. Most of its business is in leases or power purchase agreements, and Sunrun provides stronger warranties for power purchase agreements than purchases.

No, Sunrun is not owned by Costco, but the two companies have partnered together.

It's common for solar power companies to make promises of four- or five-figure tax credits if the consumer agrees to purchase a complete solar power generation system for their home or business. The reason this could be a scam is because often, the consumer ends up leasing the solar power equipment, not owning it.

Harder to Sell With Solar

Selling a home with solar panels can be a smooth process, but you may still encounter the following obstacles: Buyer hesitation: Buyers might not understand the benefits of having a solar energy system, so they may be concerned about upkeep, maintenance, and repairs.

They cite reasons ranging from aesthetics that would harm property values to fears about health and safety, and loss of arable land, farm culture, or wildlife habitat.

Should the battery bank become full, it will stop absorbing power from the solar system. The solar panels will continue to generate voltage, but that voltage will not be used or stored until there is available energy demand, or battery space.

What happens to solar panels after 25 years? ›

The industry standard for the lifespan of solar panels is 25-30 years. However, a solar panel won't die after 25-30 years – rather, its power output will decrease a significant amount below what the manufacturer projected.

EnergySage is an online marketplace for turnkey energy products and services, including rooftop solar, battery/storage, community solar, solar financing, heat pumps, EV charging, hot water systems. The company was founded in 2009 and is headquartered in Boston, Massachusetts.

Bottom Line. The concept of “free” or “no-cost” solar panels really is too good to be true. “Free” solar panels are essentially rented from solar companies. While you will reap the benefits of cheaper electricity bills through solar power, you do not own the panels; the solar company does.