Written by: Robert Costart
Updated on: 26 October 2024
Written by: Robert Costart
Updated on: 26 October 2024
Debunking Solar Panel Myths: What You Need to Know
Debunking Solar Panel Myths: What You Need to Know
Myth: Solar Panels Are Too Expensive
The idea that solar panels are out of reach financially is not entirely accurate. In fact, the cost of solar systems has plummeted by over 80% since 2010. As per MCS data, a typical three-bedroom home now requires a system costing approximately £7,026. With rising electricity prices, homeowners can now recoup their initial investment within roughly 15 years, especially considering they can save an average of £454 on annual electricity bills. Over their lifespan, the financial benefits can exceed £5,000 (MCS, 2023).
Many people erroneously believe solar panels are ineffective on cloudy or rainy days. In reality, solar systems can function under light cloud cover and even during snowfall. While performance drops during such conditions, they still contribute to energy production. Studies indicate that power output decreases by approximately 23.8% under light cloud and 66.8% under heavy cloud cover (Solar Energy UK, 2023).
Myth: Solar Panels Only Operate in Sunshine
Myth: Maintaining Solar Panels Is Complicated
Contrary to popular belief, maintaining solar panels is a breeze. They have no moving parts and require minimal upkeep—about once every ten years. In sunny weather, a simple cleaning of dust and debris will suffice, while awareness of snow or blockage is crucial during winter. Annual performance checks and care for the panels ensure they continue to operate efficiently (Solar Industry Review, 2023).
Myth: Solar Panels Lower Property Value
On the contrary, homes equipped with solar panels can see a notable increase in market value. Research from BOXT indicates a potential increase of 14%, while Solar Energy UK found a general rise of about 4.1%. Buyers often seek out homes with solar energy solutions to avoid upfront costs, positioning these homes favorably in the market (BOXT, 2023).
Debunking Solar Panel Myths: What You Need to Know
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