According to the Arizona Department of Revenue, homeowners who install solar panels in their primary residence can get a tax credit equal to 25% of the device’s cost or $1,000, whichever is less. Saving extra money as a property owner is always a smart idea, as it allows you to accommodate miscellaneous costs like maintenance and property tax increases. However, many people who install solar panels are uneducated about their longevity.
So, do solar panels wear out? We’ve created a detailed guide on the common myths people are misled by and the facts you need to keep in mind. Let’s take a closer look at what to consider so you can make better decisions in the future.
Myth: Solar Panels Fail After 20 Years
Many people believe solar panels stop working after two decades. In reality, most solar panels continue to generate power for 25 to 30 years or more.
Some even function beyond that, though at reduced solar energy efficiency. Regular care and favorable conditions can help extend the solar panel lifespan
Fact: Solar Panels Boost Home Value
Homes with solar panels often attract more buyers. Solar panels lower electricity costs, which is appealing to potential homeowners. It’s not uncommon for homes with solar systems to sell faster than those without. Solar panels also add to the long-term financial appeal of a property, making them a solid investment.
Myth: Solar Panels Lose Efficiency Fast
People often assume solar panels lose their efficiency within a few years. Most panels degrade by only 0.5% to 1% per year, making the durability of solar panels substantial.
After 20 years, they may still operate at over 80% capacity. Consistent maintenance can help ensure long-lasting performance and prevent issues with the panels’ efficiency.
Fact: Solar Energy Cuts Carbon Emissions
Switching to solar energy significantly reduces a household’s carbon footprint. Traditional energy sources (like coal or gas) produce far more pollution than solar.
Since solar power is a renewable resource, it serves as a clean alternative. Over time, even small solar installations can substantially reduce your environmental impact.
Myth: Solar Doesn’t Work in Cold Areas
Many people believe that solar panels are useless in cold or cloudy climates. However, they can still generate electricity in lower light conditions.
In fact, solar panels often perform better in cooler temperatures due to their being less strain on the system. As long as there’s sunlight, solar systems can still produce energy.
Fact: Solar Tech Is Advancing Rapidly
The technology behind solar energy is constantly improving. Newer panels are becoming more efficient and affordable due to advances in technology.
Innovations like solar batteries and energy storage systems help maximize output while reducing the time it takes to convert sunlight into energy.
Myth: Solar Requires Plenty of Upkeep
Some homeowners worry that solar panels are difficult to maintain, but most systems only need occasional cleaning and inspections. Rain often takes care of dirt buildup, and panels are designed to last without frequent repairs. It’s a low-maintenance investment with long-term benefits, so keep this in mind when moving forward.
Fact: Solar Reduces Electricity Costs
Switching to solar can lead to significant savings on electricity bills. As energy prices rise, having a solar system helps offset those costs.
Many households experience a noticeable decrease in their monthly utility expenses. Over time, you can invest this money into other areas of your home (like renovations).
Myth: Solar Is Too Costly to Install
Some people shy away from solar energy due to upfront costs. Although installation isn’t cheap, there are many financing options available. Government incentives and tax credits can reduce initial expenses and make it easier for you to save more money.
Fact: Solar Works on Most Roof Types
Solar panels can be installed on a variety of roof types. There are systems designed to fit your roof’s material, whether it’s:
- Metal
- Asphalt
- Tile
Modern mounting techniques ensure stability and performance. A professional installer can assess your roof to find the best solution. To get the best result from your solar panel system, it’s essential to work with the right provider. Listed below are key attributes to consider when moving forward.
Research Local Solar Companies
Start by looking for solar providers in your area with a solid reputation. Companies with local offices tend to understand regional needs and conditions better than nationwide providers.
Take time to explore how long they’ve been in business and whether they specialize in residential or commercial installations. It’s always a good idea to choose a company with local expertise, ensuring they’re familiar with permits and regulations.
Check Customer Reviews and Testimonials
Customer feedback is one of the best ways to gauge a company’s performance (as long as you keep an eye out for fake ones). Reviews can provide insight into the quality of service and any potential issues to be aware of. Be sure to read reviews from multiple sources to get a well-rounded view, as well.
Compare Installation Costs and Financing Options
Solar installation prices can vary widely between providers, so it’s essential to get multiple quotes. Many companies offer different payment plans or financing options that can make the investment more affordable.
Be cautious of deals that seem too good to be true, as they often have hidden costs. Choosing the right payment option can significantly impact your long-term savings, so take your time during your search.
Evaluate Warranties and Maintenance Services
A good solar provider will offer warranties on both the panels and the installation work. Long-term warranties give peace of mind and protect against unexpected costs.
Some companies also provide maintenance services, ensuring the system operates at peak performance. Always ask for details about what is covered in the warranty and any associated fees.
Do Solar Panels Wear Out?
While solar panels don’t last forever, they also don’t lose efficacy nearly as fast as people assume. The answer to “Do solar panels wear out” in this guide will help ensure you know exactly what to expect after installing solar panels. From here, you’ll make the most of them and save as much money as possible for your situation.
Sun Club USA provides affordable solar solutions with $0 down, offering a 25-year production guarantee. Homeowners in Tuscon can increase their property value and reduce electricity bills through fast, reliable solar installations. You’ll learn more about how we can help when you contact us today.
