Is solar power free

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4 FAQs about Is solar power free

Are solar panels free?

When companies advertise "free solar panels" or "no-cost solar programs," they're often referring to solar leases or solar PPAs. Under these solar financing arrangements, a solar company will put a solar panel system on your roof at no up-front cost for installation, enrollment, or maintenance. This sounds great.

How free is solar energy?

How free, really, is solar energy? Renewable-energy technologies promise to liberate us from fossil fuels. But this implies that their energy payback periods—the time it takes for a system to recover the energy used to produce it—is just as important as financial payback.

Should you sign up for free solar panels?

Unsolicited leads from door-to-door salespeople: If a salesperson knocks on your door offering free solar panels, don't sign up for anything until you carefully research the company and its products. High upfront costs and hidden fees: Avoid signing a contract for “free” solar panel systems if a high upfront cost is still involved.

Do you have to pay for solar panels?

Expect to pay for them later on. Companies offering “free” solar panels may require you to sign a solar panel lease or power purchase agreement (PPA). Tax credits and other incentives can reduce the upfront costs of going solar without committing you to unfavorable terms — just make sure they're legitimate.

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