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{"@context":"https:\/\/schema.org","@graph":[{"@type":"CollectionPage","@id":"https:\/\/todayshomeowner.com\/solar\/","url":"https:\/\/todayshomeowner.com\/solar\/","name":"Are Solar Panels Worth It? - Today's Homeowner","isPartOf":{"@id":"https:\/\/todayshomeowner.com\/#website"},"description":"Solar panels are one of the most economical investments a homeowner can make. Learn more about installing solar energy.","breadcrumb":{"@id":"https:\/\/todayshomeowner.com\/solar\/#breadcrumb"},"inLanguage":"en-US"},{"@type":"BreadcrumbList","@id":"https:\/\/todayshomeowner.com\/solar\/#breadcrumb","itemListElement":[]},{"@type":"WebSite","@id":"https:\/\/todayshomeowner.com\/#website","url":"https:\/\/todayshomeowner.com\/","name":"Today's Homeowner","description":"Expert Advice On Improving Your Home","publisher":{"@id":"https:\/\/todayshomeowner.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/todayshomeowner.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/todayshomeowner.com\/#organization","name":"Today's Homeowner Media","url":"https:\/\/todayshomeowner.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/todayshomeowner.com\/#\/schema\/logo\/image\/","url":"https:\/\/todayshomeowner.com\/wp-content\/uploads\/2023\/04\/footerLogo.png","contentUrl":"https:\/\/todayshomeowner.com\/wp-content\/uploads\/2023\/04\/footerLogo.png","width":300,"height":170,"caption":"Today's Homeowner Media"},"image":{"@id":"https:\/\/todayshomeowner.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/todayshomeownermedia\/","https:\/\/x.com\/TodaysHomeowner","https:\/\/www.instagram.com\/todayshomeowner\/?hl=en","https:\/\/www.linkedin.com\/company\/danny-lipford-media\/","https:\/\/www.pinterest.com\/todayshomeowner\/","https:\/\/www.youtube.com\/user\/DannyLipford","https:\/\/en.wikipedia.org\/wiki\/Today's_Homeowner_with_Danny_Lipford"]}]}

{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Are solar panels worth it in cold climates?","acceptedAnswer":{"@type":"Answer","text":"The answer to this question has very little to do with temperature and everything to do with cloud coverage. Solar panels get electricity from sunlight, not heat, and lose up to 25% of their efficiency in extreme heat. If there is sunlight, your solar energy system will produce power.\n\n\n\nYou may need to invest in a solar battery or highly efficient panels to compensate for the decreased sun exposure, but solar panels can still be a great investment in cold climates.\n\n\n\n "}},{"@type":"Question","name":"How long does it take for solar panels to pay for themselves?","acceptedAnswer":{"@type":"Answer","text":"The average U.S. household will consume 886 kilowatt hours (kWh) of electricity in one month. With each one of these kWh costing you approximately 16 cents, we can calculate an average monthly electric bill of $143.\n\n\n\nThis means that your solar panels only need to cover 75% of your electricity usage to give you $1,287 of yearly savings. In 10 years, you’ll have gotten a complete return on your investment. While solar panels lose efficiency after their first decade, maintaining them should increase their shelf life. Plus, electricity costs are rising faster every year, so we can expect savings to only go up from here."}},{"@type":"Question","name":"What happens after I pay off my solar panels?","acceptedAnswer":{"@type":"Answer","text":"Once your solar loan is paid off, you'll be free from energy costs for as long as the panels last. If your home is completely energy-independent, you won’t pay a solar provider or power grid for electricity.\n\n\n\nWhile low costs and state incentives can make switching to solar exciting, some companies and rogue actors have taken advantage of the recently surging demand. Power grids nationwide have warned against fake salespeople pretending to represent a local utility company.\n\n\n\n "}},{"@type":"Question","name":"Is solar a scam?","acceptedAnswer":{"@type":"Answer","text":"There are solar scams that sell solar installations that never arrive, which is why you should always buy from a trusted company. Even more commonly, the BBB reported thousands of complaints of misrepresented energy savings and benefits. Never sign a contract immediately; research any installation company you work with before finalizing anything.\n\n\n\n "}}]}