5 Misconceptions About Solar
Going solar can be very scary at first. You hear a lot of different voices saying good and bad things about solar panels installation, which leads to confusion and misunderstanding. The amount of solar connected to the grid has grown a lot leading to more than one million solar installations generating electricity in the United States. With so much interest and information available, we need to be able to separate fact from fiction. That’s why we’ve gathered a few of the major misconceptions about solar energy in order to help you make the right decision:
- Solar panels are too expensive.
In 42 of America’s largest cities, financing a solar system costs less than purchasing electricity from a customer’s local utility company. If you’re interested in purchasing a solar system, there are a number of different financing options, which greatly help if you don’t want to purchase the system in cash. If you wouldn’t like to purchase your own system, many solar companies also offer leasing options.
- You need to own a house to go solar.
Do you rent your house or live in a high-rise condo building? That’s not a problem due to community solar programs, which allow multiple people to benefit from a single, shared solar array. These solar panels can be installed either on your building or offsite in a different location. Purchasing and installation costs are then divided among all of the participants in a way that best suits their needs.
- Solar will lower the value of your home.
This is actually the opposite of what’s true. Buying a solar system will likely increase your home’s value. Solar panels are viewed as upgrades on houses just like a renovated office or finished basement. A recent study found that homebuyers across the country are willing to pay a premium of about $15,000 for a home with an average-sized solar array.
- You can’t save money going solar.
Solar has great potential to save you money on your monthly utility bill. The amount you can save depends on many factors such as how much electricity you consume, the size of your solar energy system, and how much power it’s able to generate. The monthly amount people pay on a solar loan is usually less than an average utility bill. Leased systems also allow people to purchase the electricity back from a solar company at a discounted rate, which is usually less than utilities charge customers.
- Solar doesn’t work in certain climates.
The only thing solar panels need to generate electricity is sunshine. Even when it’s winter and there are fewer hours of daylight, solar energy can still create a sufficient amount of electricity to power the average American home. PacificSky Solar always makes sure that the panels we install as best as they can, regardless of the climate or weather.