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What are the top myths about going solar?

Here are the top 3 myths about going solar that cause confusion:

Table of Contents

Myth

Solar is too expensive and not worth the investment.

Fact

Based on current costs and subsidies, solar offers ~30% return-on- investment making it one of the most lucrative investments today.

Myth

Solar panels require a lot of maintenance.

Fact

Solar systems are made with mature manufacturing processes often lasting 25+ years. Apart from regular cleaning, most solar systems do not require any other maintenance.

Myth

Solar panels don’t work in cold or cloudy climate.

Fact

Solar energy generation depends on sunlight received by silicon-based panels. In fact, energy generation is increased in cooler conditions, while high temperatures reduce efficiency. Cloudy days decrease generation, but modern panels even capture diffused light in the atmosphere. Proper maintenance and quality components maximize the plant life.

*All information provided including financial data (like pricing, return on investment), etc., is for the purpose of broad understanding and is not precise. Please consult your authorized financial advisor for financial advice. Fenice Energy does not intend to provide financial advise and undertakes no liability for the same.

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