The Truth about Solar Panels

The Truth About Solar Panels

Let me start by telling you that solar panels are not free. Most of the sellers are not going to tell you The Truth about Solar Panels just so that you open the door for them. That solar panel systems are free, that they are paid for by the government, that they guarantee approval, that you will never have to pay for the energy you consume, that you will never run out of electricity at home, etc.

Do you really think that all that equipment, workers, and so on are free?

Here I mention a few details involved in a solar panel system.

Why Solar Panels Aren’t Free?

1. Sellers. Whether door-to-door or digitally such as via internet pages or social media.
2. Software. The digital system that helps to make the design and preliminary calculations
3. Engineers. Both, those who design the final plans and make the calculation of the necessary energy load. And the engineers who check if the house is in a condition to support such system.
4. Financing. As I said earlier, solar panels are not free. It is necessary to consider that a company is involved that will help finance the project.
5. Administration. It is organizing all the elements. From marketing, through the project approval process and permits from the city and utilities, the installers. Without forgetting to have the equipment to install.
6. Installers. We cannot forget those people who very audaciously climb on the roofs, accurately placing so much equipment that is actually very heavy and not easy to carry.

But all this should not matter much to you.

The only thing you should know about solar panels is what they will cost you.

Here is The Truth about Solar Panels

Freeze your Electricity Expense

If in the last 12 months, your average electricity cost was $200, that is what your monthly payment should be to pay for the solar panels.

I know you’re going to ask me… Why buy a solar panel system if I still pay for the electricity I consume?

You will no longer have fluctuations in your electricity bills. No more electric bills of $350 in the summer and winter and $120 in the spring and fall. Freeze your electricity payments since you will be paying for your investment in solar panels, not for electricity.

The REAL The Truth about a PV System

Do not give the money to the electricity company. In reality, electricity is one of our largest fixed expenses. Every month we pay for electricity, we pay someone else and we will never see that money again. Why not change and instead of it being an expense, it is an investment?

With solar panels, you will no longer pay more money to the electricity company.

Energy Credits

A photovoltaic system is calculated to produce 100% of what the house consumes in electricity. There will be months when the sun does not provide enough light to generate the amount of energy that the residence needs, but there will be many other months that do.

Excess energy production from the solar panels will be sent to the utility and all of that energy will be counted as energy credits. When electricity is needed due to lack of sun, usually in the winter, credits accumulated during sunny days are requested.

All of this is calculated by the smart meters installed in our homes. It is also part of the software that each client receives to monitor the energy production of their photovoltaic system. Read more.

Net Metering

In conclusion

Last question. Do you think that your average cost of electricity will be the same in the next 3, 5, or 10 years?

The payment for solar panels will never change. Eventually, you will finish paying off the financing for the solar panel system. Then, it is when you will stop paying for the electricity you consume. Not only that, you will increase 3 to 4% of the value of your house.

Send us a message with your questions. We will gladly answer any concerns you may have.

We also help with energy-saving ideas in our Power Blog. and if you would like to measure your energy-saving efforts, go with a prepaid electricity company like Payless Power.