Solar technology has been commercially available for over 30 years now, and a lot has changed since the technology was first introduced.
The technology has been around for a long time, but there hasn’t been a lot of education around solar and what is going on with the technology and how it impacts homeowners.
Let’s take a look at 3 solar myths that have been debunked and get you more educated on solar power.
Myth 1. Solar Panels Don’t Offset The Energy Used to Produce Them
This myth that has continued in 2019 is based in truth. When solar technology was first invented, it did require more power to produce a panel than a panel could generate. This has long changed thanks to the rapid advancement of technology.
Solar panels now on average take 1 to 2 years of production before they fully offset the energy that was required to produce them.
This is only going to continue to improve as well as solar technology keeps becoming more efficient to produce, and the solar cells become more powerful.
Myth 2. Solar panels Are Not Affordable
One of the biggest myths about solar is that it isn’t affordable. While in the past, this was true; technology has gotten better and significantly cheaper. Today’s solar prices are 60% lower than they were in 2008.
Not only has the price of solar fallen, but great financing options have also become available that make it possible to match your currently monthly power bill essentially.
The upfront cost of solar can still be expensive, but with financing, homeowners can keep mostly the same power bill, but you are paying down your system vs. paying the power company. This is similar to renting vs. owning a home.
Federal and state tax incentives also let you save even more on solar. There is currently a federal tax credit in place that will reduce the price of switching to solar by 30%. Utah also offers presently up to $1200 in state tax credits for homeowners.
Solar has never been as affordable and accessible as it is now.
Myth 3. You can’t have solar where it snows
People sometimes assume that you can’t have solar in places that it snows, but that is not true.
What matters isn’t the amount of snow a place receives but the average sun hours that are received.
If your home is in a location with over 4.5 sun hours, you are a good candidate for solar.
Utah and Park City are great for solar, with over 5.5 average sun hours per day.
In places with heavy snowfall, systems are designed to produce more power during the summer to offset the winter months where production will be reduced due to snow.
There have been many myths in the solar space that have been debunked. Some of the myths in solar are based on truth but have become false as solar technology has advanced.
Solar no longer requires more energy to produce than what will be offset by solar panels, solar panels have become highly affordable thanks to financing, cost reductions, and tax incentives, and you can have solar where it snows you need to have your system build correctly.