The Real Truth About Solar Panels

Homes with solar panels are extremely desirable and can significantly drive up real estate value.

The real truth about solar panels.

Monocrystalline mono panels are the most efficient solar panel in terms of power output relative to panel size. Every panel on our platform is warranted at least 85 as productive as day 1 after 25 years. Instead the installer sells energy generated from the solar panels at a set per kwh price. They make it sound so easy but the truth is whether solar is a smart long term investment for you depends on a few major factors.

Solar panels are divided into three main technologies. In a nutshell if you choose a power purchase agreement ppa like our rateguardian tm ppa or a solar lease we will put solar panels on your roof for no money down free but you will not own the system. Each type of panel utilizes different technology to harness the sun s rays and has a different range of applications. Most solar panels actually work best in cold sunny conditions.

It s true that solar panel production will decrease over time just like any other energy producing asset. In fact according to a 2011 report from the u s. Conductivity increases in cold temperatures making electricity flow more efficiently while higher temperatures can reduce the panels efficiency. Solar panels lose production capacity year after year but your payments will go on way longer no matter what.

As solar panels get hotter they produce less powerfrom the same amount of light. Homeowners don t own the solar panel system and they don t even lease it. Department of energy your house price will rise by an average of 18 000 23 000 the first day you invest in a solar project.