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Debunking myths about residential solar

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If you are interested in installing a residential solar system, a search on Google can be daunting. The information is vast and hard to sift through. The SunShot Initiative at the Department of Energy has put together this list of 5 common myths about residential solar.

 

 

  1. SOLAR PANELS ARE TOO EXPENSIVE

Studies show the cost of going solar has dropped every year since 2009. If you’d like to purchase your solar energy system, you don’t have to buy it in cash — there are a number of different financing options.

  1. YOU CAN’T SAVE MONEY GOING SOLAR

Solar brings great potential to save money on your monthly utility bill. The amount you save depends upon how much electricity you consume, the size of your solar energy system, and how much power it is able to generate. With utility bills trending upward, solar is likely to remain a good money-saving option for years to come.

  1. YOU NEED TO OWN A HOUSE TO GO SOLAR

Community solar programs allow multiple people to benefit from a single, shared solar array. These arrays can be installed on your building or offsite in a different location.

  1. SOLAR WILL LOWER THE VALUE OF YOUR HOME

A recent study found that solar panels are viewed as upgrades, just like a renovated kitchen or a finished basement, and home buyers across the country have been willing to pay a premium of about $15,000 for a home with an average-sized solar array.

  1. SOLAR DOESN’T WORK IN CERTAIN CLIMATES

Even in the winter when there are fewer hours of daylight, there is still a sufficient amount to power the average American home. Cold weather has no impact, as heat plays no role in the process, which makes solar viable even in Alaska with longer, colder winters.

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