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
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.