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Home Solar Energy Advantages and Myths

Home Solar Energy Advantages and Myths

Home Solar Energy advantages are plenty.However, some common misconceptions exist. When you shop for solar installation companies, please keep in mind the following factors:

Home Solar energy will work in most weather conditions

Solar works more efficiently in cooler temperatures and is designed to operate in ambient light. Also, panel production is affected by the Sun’s radiation and not by the temperature.

For e.g. Colder states like New York and New Jersey are very efficient with Solar production

Home value increases with Solar panel installation 

Some U.S states are yet to adopt solar energy, but numerous states have incentives where solar panel installations are tax-exempt and cannot raise your property taxes

Solar panels will enhance the value of your home

Installing a renewable energy system can result in increased property valuation. In other words, by reducing monthly expenses, a property owner can afford to get money that is otherwise not available.

The annual savings will not be the same every year however utility inflation rates (currently at 3.78%) will alter the annual savings over time

Solar systems don’t need a battery 

The utility company acts as a storage battery and further receives the excess energy not used by property owners

Grid credits to home owners service account at the retail rate (Check with your utility for retail price and whole rates for excess net metering credit) on a monthly basis

Solar powered homes guarantee home owners a 90-100% reduction in utility bill

Financial Incentives 

Many states offer solar energy incentives and rebates in addition to a 30% federal tax credit

Renewable Energy and Carbon Credits or Certificate (REC or SREC): Renewable Energy Certificates are a new and evolving method to ascribe future financial value to a renewable energy system.

Solar panels are extremely sturdy and reliable

Most manufacturers of PV systems offer a 12 to 25-year warranty

Inverters warranties are usually 12 years.

Have more questions about Solar Energy and its benefits? Go ahead and request a free site survey.

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4 COMMENTS

  • Solar Power Installation Companies
    September 1, 2017, 3:12 am REPLY

    Great pleasure reading your post.Its full of information, thanks for sharing.

  • Gerty Gift
    April 26, 2018, 12:24 pm REPLY

    I liked that you mentioned that there is a guaranteed 90-100% reduction in the utility bill. We pay a lot for our utilities and we have been finding small things that can help us reduce those over time. I think that we should look into this more and see if we can’t get this installed. It seems like it would be a great investment with a lot of savings.

  • Hazel Owens
    July 2, 2018, 9:23 pm REPLY

    That’s interesting that many states have solar installations tax-exempted and will not raise your property tax. My husband and I were thinking of getting solar panels but wanted to learn what the advantages are. We’ll have to check if our state does tax-exempted installations so we can get them at cost price and then save money by making energy.

  • Lambert Alexander
    September 6, 2018, 3:52 am REPLY

    In this blog have some good tips for residential solar myth busters. I am very thankful for this good post.

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