We hear a lot of solar myths. Here are some of the top ones most in need of busting.
Solar myth #1: “The government will give you free solar panels.”
While the government won’t cover the cost of a solar panel installation, they do subsidize the upfront cost of purchasing a solar panel system through various solar incentives. The federal investment tax credit (ITC) allows you to claim 26 percent of the cost of your solar installation as a credit towards what you owe in federal taxes.
Solar myth #2: “Solar is only for rich people.” The cost of solar has dropped substantially in the last decade – in 2008, the average cost of a solar panel installation was $8.82 per watt. For comparison, the average cost for solar quoted now is $2.96.
Solar myth #3: “Going solar means going off the grid” It is possible to install an off-grid solar panel system with the use of solar batteries, but the majority of solar panel installations are grid-tied. This allows you to use solar energy produced by your system during the day and draw electricity from the grid after the sun is down.
Solar myth #4: “Solar panels won’t work in the winter.” Solar panels need sunshine to generate electricity. If you live in a particularly cold state that experiences a lot of snowstorms, you will likely generate less solar power in the winter months than summer because of fewer sunlight hours. However, the amount of electricity you’ll generate in the winter will still be enough to enjoy savings on your electricity bill. In fact, during the winter months when the sun is shining, solar panels actually perform more efficiently due to the colder temperatures.
Solar myth #5: “When you go solar, you will get a check from your utility company.”This isn’t true, except in rare circumstances. Most utility companies will have restrictions in place to prevent you from interconnecting a solar panel system that produces far more energy than what your meter history indicates you need. Even if you are generating more solar energy than you’re using, utilities that offer net metering will provide monetary credits towards your future electricity bill, but rarely will they pay these out as a check – more likely, it will remain an ongoing credit on your electricity bill greatly reducing if not eliminating future electric bills.
Solar myth #6: “Solar panels will damage your roof.” Some property owners hesitate in installing solar on rooftops because they worry about possible damage. Luckily, roof damage from a solar panel installation is extremely rare.
For a limited time we are offering homeowners $750 cash when they install solar as a part of a relief fund we put together for our communities! Click the image below to get started in your area!