- Myth #1: Federal and State Tax Credits will last forever.The FITC or Federal Investment Tax Credit and State SREC’s or Solar Renewable Energy Credits, each year are capped at a predetermined amount and are available on a first come, first serve basis. They are also on a declining scale and will eventually be phased out. Federal and State governing bodies can always increase and extend the tax credits but no one knows what’s on the minds and agendas of legislators. That is why there is a sense of urgency when it comes to purchasing Solar Energy Systems because of the uncertainty in regards to elected officials.
- Myth #2: Solar panels only work during sunny days.Solar panels will work on cold, cloudy, as well as sunny days. Solar panels work off of light and not heat. As a matter of fact, solar panels work even more effectively in cooler temperatures than warmer temps and that is why January and February are the most efficient months for Solar Energy Systems in Illinois.
- Myth #3: Solar energy can still power my business when the power goes out.When the power goes out, the grid system also goes out because it is dangerous to send electricity through wires that utility workers are trying to fix. As a result, the inverter knows that the grid has been shut off and shuts off the electricity that is generated from the solar panels.
- Myth #4: Solar panels need to be constatntly maintained.Solar panels are made to last for decades and are constructed to withstand harsh weather conditions, including hail, sleet, snow, etc. It is this level of durability that reduces the need for constant maintenance and repair.
- Myth #5: You can send 100% of excess electricity back to the utility company.Some Solar Energy Systems produce an extra amount of electricity above the needs of the facility, however only a small amount of overage can be sent back to the utility company.
Green Kiva Lighting
1016 W Jackson Blvd
Chicago, IL 60607