Securing Your Solar Investment with Zeno’s Production Guarantee
Imagine slashing your electricity bills while contributing to a cleaner planet — with Zeno, it’s more than a dream. When investing in solar panels, it’s important to know you’re making the right decision for both the environment and your wallet. At Zeno, we are confident in our solar modeling for your home and remove our client’s uncertainty with our production guarantee. If our solar panels fall short of the expected output after their first year, we will refund the difference, safeguarding your investment and reinforcing your confidence in our expertise.
Let’s explore a real case study where one Alberta-based couple, for the purpose of this study called John and Sarah, benefited from our production guarantee and applied strategies to maximize their solar savings.
Case Study: From High Electricity Bills to Solar Savings
John and Sarah wanted to take control of their rising energy bills while making a positive impact on the environment. They installed solar panels in June 2020 and adopted three key strategies to enhance their savings:
- Managing their electricity usage wisely: By being more mindful of energy use and reducing waste, they optimized the output of their solar system.
- Utilizing the Solar Club rate: As their solar panel system was ideal for this opportunity, this strategy allowed them to sell excess solar energy back to the grid at a higher price, further boosting their returns and transforming solar from a cost-saving solution into a revenue generator.
- Leveraging carbon credits: John and Sarah started applying for carbon credits in 2021. By earning credits for producing renewable energy, they offset energy costs, further reducing their overall expenses and maximizing their financial returns.
Here’s a breakdown of their net electricity costs over the course of six years before and after going solar. By going solar with Zeno in 2020, John and Sarah were able to start offsetting their electricity bills by approximately 43% from the previous year. In 2021, John and Sarah’s first full year of solar, they were able to offset their entire electricity usage for the year and more. Thanks to a combination of utilizing solar club rates and leveraging on carbon credits, John and Sarah were able to start building credits which they carried forward towards 2022 and 2023.
Here are examples of energy bills with solar credits that they have built up over the years:
2021 Electricity Bill (May – June)
2023 Electricity Bill (November – December)
The Long-Term Benefits of Solar Panels
In 2024, John and Sarah continued to build their solar savings and were able to accumulate a credit of $2,450. Since it was clear that the solar credit was going to continue to grow, they decided to switch their gas bill to Spot Power sometime in the summer of 2024. This decision allowed them to access the solar credit they’ve built up to cover the entire cost of their gas bill as well. They assume that it will take a long time before their credit disappears and when they start paying for winter electricity bills again.
John and Sarah have not only minimized their electricity costs but also benefited from the long-term environmental and financial advantages of solar energy. Over time, their solar system will continue to pay for itself, while their reduced carbon footprint helps contribute to a cleaner future. When asked if they had anything else they would like to say in the article, John excitedly shared, “Going Solar and working with Zeno was the best investment decision we have made. We just love the fact our monthly expenses for electricity are non-existent for the rest of our lives!”.
2024 Electricity Bill (August – September)
Zeno’s Production Guarantee: A Commitment to Your Investment
At Zeno, we stand by our production guarantee, ensuring your system performs as promised.
Zeno guarantees the production of the solar PV system as presented in our custom solar proposal. During the proposal consultation, we determine whether getting solar panels for your home is right for you and how much energy offset you can expect in a year. If the production of the system is not met within 5% of kWh production over the first 12 consecutive months, Zeno will credit the customer at a rate of $0.12/kWh. To ensure that the production data is consistent and accurate, clients are required to provide a reliable communication connection (WIFI or cellular) to the system. Unpredictable weather variations and equipment failures covered by product warranties will not be included in the production analysis.
When you choose Zeno, you’re choosing a company that’s with you every step of the way, from installation to performance assurance.
Ready to Go Solar?
With over 3,918+ homes installed with solar by Zeno, join the growing number of Canadian homeowners slashing their bills and securing their energy future with Zeno’s production guarantee. Our best-in-class products, local expertise, and dedicated, knowledgeable staff ensure you get reliable, high-quality solar tailored to your needs. As a community-focused company, we’re committed to making solar accessible and impactful in every neighborhood we serve. Contact us today to learn more about how we can help secure your energy future.
The post Securing Your Solar Investment with Zeno’s Money-Back Production Guarantee appeared first on Zeno Renewables.