Solar Panel Myths

Have you thought about getting solar panels? We have. I would love to get solar panels, but the cost is just not in our budget. I was doing some research on solar and came across this website that have some great information. Plus they have a lease option. So maybe solar panels are not out of our league.

Here are some solar myths. I hope this helps you decide if solar is right for your family.

 

Myth – Solar technology is improving quickly, so it’s better to wait

Fact  –  Though there have been small improvements in solar panel efficiency, solar panels actually have changed surprisingly little in the last several decades. Compared with the technologies in your cell phone or laptop, solar technologies are relatively stable.

 

Myth – Solar power is only for the wealthy.

Fact –  Solar power is one of the best home improvement investments you can make– it’s a way to save money (and even make money). You’ll slash your electricity bill, and you can use rebates, tax credits, and financing to make the cost of installation completely within your means. An average solar power system returns 2-4 times its cost in saved electricity bills, and it will pay itself back between 2-15 years, depending on your local situation.

 

Myth –  Solar power is only for the “tree-huggers”.

Fact – Solar panel customers are savvy consumers who not only protect themselves from out of control electricity costs, they also help protect our environment – and our children’s futures – from the perils of dirty utility power and global warming. If that’s what it means to be a “tree-hugger,” we’re all for it.

 

Myth – Solar panels will increase my property taxes.
Fact –  In California, solar installations are actually exempt from property tax. Because of that, installing solar panels will increase the resale value of your house without increasing your property tax at all.
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So how do solar panels work?  Solar panels on your roof catch the sunlight and convert it to DC power. Then an inverter transforms the DC power into AC electricity which runs your household appliances. You have a meter that tells you how much or how little electricity you are using. When you see the meter running in reverse, it is telling you that your panels are sending power back into the grids.
I’ve read there are several programs and some require no down payment and it can increase your homes value. I’m going to investigate further and check this out next year!
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Do you have solar panels? Have you thought about getting them?

This post brought to you by Next Generation.

Anne

I'm a mother of 2 who likes to get involved in too much! Besides writing here I started a non-profit, I'm on the PTO board, very active in my community and volunteer in the school. I enjoy music, reading, cooking, traveling and spending time with my family. We just adopted our 3rd cat and love them all!

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Comments

  1. My husband really wants solar panels, but we always thought that we never had the money for it. We will have to look into it more.

  2. Even in Michigan, they give credits for installing solar panels!

  3. Good to know about resale value. Would love to start going solar!

  4. I would love to install solar panels, but it’s still not in my budget.

  5. I would love solar panels. We are looking into solar fencing for our animals at the current moment though.

  6. I don’t know if we get an exemption here in MA – but I think we need to look into it. I’d love to have solar panels.

  7. I’ve always wanted to look more in to this. We are renting right now, but definitely would like to research when it’s time to buy again!

  8. I’d love to get solar panels for our home

  9. We’ve considered installing a solar energy panel to our home, but the cost was way out of our budget. Thanks for the info!

  10. I was talking to my husband about adding windows to the roof of the chicken coop for heat! Great information, visiting their site above..

  11. I’ve thought about it, but there’s no way I could do it at this time.

  12. Interesting. I just hate the way they look on the roof.

  13. I don’t own my home so I’ve never looked into them.

  14. Our dentist office just installed some! Love the idea.

  15. I would LOVE to go solar but we’re under huge trees and in Seattle where the sun has shown a handful of times since last year. I think it’s a lost cause here 🙁

  16. This is something we should look into for our next home.

  17. We been thinking seriously about installing solar panels.

  18. I really want to look into solar panels because not only do we get a lot of sun in Texas, but our roof is pitched and in the perfect direction for maximum exposure!

  19. I would love to get them I love the concept and saving money on electricity too

  20. Florida must be a great place to install solar panels.

  21. Interesting. We’re planning to build a house in the next couple of years. This information is handy.

  22. We’ll do solar in our next house. Great info!

  23. We just got a bid for solar.

  24. I knew they had good resale value. We should really install some

  25. We’ve definitely thought about getting them. How nice would it be to have the electric company owe you money 🙂

  26. I want a swimming pool that runs off solar panes.

  27. Great info. We have been thinking about checking out solar power a lot more recently.

  28. Richelle says

    We would LOVE to have solar panels. We looked into it a little a few years ago, but then realized how expensive they would be. We are aware of the lease option, but are on the fence. I had no idea that your taxes could go up having solar panels. Yikes.

  29. Lisa Brown says

    Great post. We would love to have solar on our roof, but it is still very expensive for us to have done.