Is It Worth It To Go Solar?
Going solar isn’t just about going “off the grid;” it is about breaking our dependence on nonrenewable resources, especially fossil fuels. It’s about finding long term solutions that are better for the planet in the long run. Of course, on a level much closer to home, it is also about finding ways to cut down on your monthly electric bill. As technology has improved and solar panels systems have become more accessible, there are plenty of myths out there that have developed. Are you concerned that solar isn’t worth it? Here are a few considerations:
Myth 1: It Is Too Expensive
While a solar array may have been prohibitively expensive when solar energy first became available to the public, that’s no longer the case. Not only have they become less expensive to purchase and install, there are also plenty of things, like tax rebates and grants, to help you pay for your system. If coming up with the upfront cost is too much, a reputable solar company like RGS Energy will work with you to set up a lease-to-own system.
Myth 2: It Will Never Pay for Itself
The average household’s electric bill is around $100 a month. With solar, that monthly bill drops to around $20 a month. Even with a monthly payment for your solar array included in your utility costs, you will likely still pay less than you are now. And, given that electric rates have not gone down in recent years, odds are good that you will only see an increasing return on your investment.
Myth 3: It Is Just A Fad
Solar panels have been around for more than 40 years. That’s longer than VHS and cassette tapes managed to hang around, so we think it is pretty safe to say that solar energy is not a fad. If that comparison is not enough for you, trust this data from the Solar Energy Industries Association, which shows how much of an increase in solar array installation there has been over the years.
Myth 4: Going Solar Impacts Your Home’s Value
This is true, but not in the way you’re expecting. According to the U.S. Department of Energy, adding a solar array to your home can increase your home’s appraised value by around $20,000. In addition to that, many states exempt solar panels from property taxes, so they are more likely to help your home’s overall value and cost, rather than cause you to pay more.
Myth 5: Solar Power Only Works On Sunny Days
Yes, your solar array relies on the sun to build up enough energy to power your home. However, there are a couple of things to keep in mind. First, your home will still be connected to the electric grid. In the event that your solar array isn’t getting enough sunlight to power your home, you have that backup to rely on. Second, keep in mind that, even on a cloudy day, some sunlight still makes it through the clouds.
As an added bonus: if your solar array ever produces more energy than your home needs, the meter that monitors usage for the electric company can actually roll back, which can lower your energy bill or, in some cases, end up with the electric company owing you money.
All told, choosing to install a solar panel system for your home can result in money savings on several levels, and it’s better for the planet than a continued reliance on fossil fuels.
Going solar means making a difference. Contact the RGS Energy team to get started!