Solar Energy, Most Common Solar Myths and Misconceptions
Solar energy has been a hot topic in recent years as more people look for sustainable and cost-effective ways to power their homes and businesses. Unfortunately, the industry’s growth prioritizes quick sales tactics over genuine customer education, contributing to the spread of misconceptions and myths. As Arkansas’ solar energy pioneer, we take pride in an educational approach. We want to provide some facts to help our community make informed decisions about going solar.
Myth #1– Solar panels are too expensive: while it’s true that solar panels can be a significant upfront investment, the cost of solar has significantly decreased in recent years, while fossil fuels and electricity from the grid has continued to rise. Additionally, there is the incentive of 30% of Federal Tax Credit for installing solar panels and batteries.
Myth #2-“Free solar, the government is going to pay for it:” the claim that you get free solar is entirely false. Homeowners are eligible for a 30% federal tax credit, but it is important to understand that this is a tax credit, not a rebate or cash incentive. This incentive depends on your personal tax situation, which varies for everyone. Before moving forward with a solar installation, we highly recommend consulting your accountant or tax advisor to understand how this incentive will apply to your taxes in the upcoming year.
Myth #3-Solar panels require a lot of maintenance: solar panels are designed to be low-maintenance and can last for 25 years or more with proper care. The good news is that, in the state of Arkansas and Missouri, a routine cleaning is not necessary because these are not desert areas; Therefore, dust and debris won’t build up and block sunlight and reduce the amount of energy generated.
Myth #4-Solar panels will damage my roof: the experience and professionalism of your installer are critical in ensuring that your roof remains undamaged. As with any business or industry, reputable solar companies are responsible for properly training teams in best practices and using high-quality sealing materials for a seamless and secure installation. A well-done solar installation will never cause leaks or damage to your roof.
Misconception #1- The IRS will mail you a check equivalent to 30% of your system’s price. This misconception is tied to Myth # 2. While it is true that homeowners are eligible for a 30% federal tax credit, this is not a rebate or cash payment. This incentive reduces the amount of taxes you owe, and the benefit will be reflected when you file taxes for the upcoming year. We want to clarify that to receive this incentive, you must actively file for it when submitting your taxes. It is not automatically applied–you need to include appropriate forms and documentation to claim it.
Misconception #2-Solar panels are only for environmentally conscious people: while solar energy is certainly a sustainable choice, it is an intelligent financial investment. Many homeowners and businesses install solar panels to reduce their utility bills and take advances of government incentives and rebates. Besides, solar power provides energy independence and less reliant on the grid or utility company.
Misconception #3-Solar energy is a scam: solar power is a legitimate and reliable renewable energy source that has grown in popularity recently. Unfortunately, because of its popularity, bad actors and non-professionals are jumping on shady practices. But how can you identify these imposters and scammers? You must be aware of these red flags: (1) high-pressure sales tactics and (2) vague descriptions of products, services, and financial plans. It is important to do your research and work with a reputable and established solar company that has been in business for a long time.
Don’t hesitate to go solar because of misleading information from untrusted sources. We highly recommend talking to people who already installed solar panels on their homes and allow us to provide you with a hassle-free solar analysis for your home or business.
There is nothing to lose, ok! Maybe your dependence on fossil fuels.
Find out more on the www.stittsolar.com or call (479) 636 8745