Why Going Solar Sounds Too Good To Be True
This topic is a fun one to discuss because we love technology. Many people think switching to solar is too good to be true with all the savings you see for zero out-of-pocket and startup costs. We agree with you, but how is this possible? What’re the shenanigans going on here?
The are no shenanigans.
The truth is there are no shenanigans. You’re not being hoodwinked. That’s the short answer.
But why is it that you can get zero down, zero out-of-pocket everything to get solar on your roof, and installed? Not to mention, there is zero maintenance with a power purchase agreement where everything is taken care of for you, unlike owning your solar.
The only time you start paying for your solar is when you get your new monthly solar bill. It’s typically lower than your standard utility bill, which can be between 20% and up to 60% lower than what you’re paying right now. Why is that?
Technology meets timing.
The simple answer right now is this, technology meets timing.
The technology of solar panels isn’t new. It’s been around for a few decades now and has improved incrementally.
Let’s explain two different industries outside of solar that have already seen this, and there’s a 90% chance that you’ve experienced both of these products or services.
The idea of Uber seemed weird at first.
In March 2009, Uber started. Taxis are no longer common anymore. The biggest reason why it took off was not because of the idea. The idea seemed weird at first. I’m going to ride in somebody else’s car? No, thanks.
If you remember, iPhones came out around 2009 or were at least just coming out. Plus, other smartphones had already been out. And now it became ubiquitous, meaning it was everywhere. People didn’t leave their homes without them. Now, this technology says you can get picked up by a car, or rideshare anywhere, see when they’re going to arrive, and it’s way cheaper than a taxi. It sounded almost too good to be true then, also.
Airbnb is taking out hotels.
Another company we want to mention is Airbnb. Have you ever rented an Airbnb? Have you ever paid for Airbnb on your phone? It’s not a new idea. It’s just the right technology at the right time.
People have been leasing and renting their homes out to people for a long time. Now, it’s just a different way of how you do it. April 2007, was the idea that Airbnb started out of the garage, so to speak. But it wasn’t until November 2010 that it even gained traction because it got some funding. Now, Airbnb is taking out hotels.
Some things seem too good to be true at first.
Uber is taking out the taxi industry, and now, Airbnb is totally transforming the hotel industry. The hotels are struggling on their own and having to innovate. Some just go out of business.
Airbnb is just an app and arranges a homeowner with a consumer. They don’t even have any overhead when it comes to a hotel, or a room, or maintenance, or house cleaning. So, of course, Airbnb can be cheaper than a hotel. They don’t have all that cost.
Solar vs. Utility Companies
Now, compare that to solar and your standard good old utility company. Do you see why it’s so much cheaper now? Why it seems too good to be true? It’s not too good to be true. It’s just the right technology at the right timing.
Solar panels and the installation of solar panels have become so much more affordable than it was in 2005 when residential solar became possible.
The cost to install solar on your home has dropped by more than 70% over the last decade. In the last quarter of 2019 was the lowest it’s ever been to get solar installed on a residential home. Prices have dropped dramatically. Why? It’s not the technical aspect of the things, but more of it just being the right timing.
The timing for solar began around 2015-2016, and it’s starting to really take off now. Now you can get in, have zero out-of-pocket costs, zero down, zero-install, zero everything.
As long as you have a decent credit score, and own your home, you can get solar on your roof, and literally pay nothing to get it on there. You’ll have a 25% to 60% lower monthly power bill than you’re paying now. That’s why it sounds too good to be true. It’s actually not. It just makes sense.
Solar isn't too good to be true.
You can look at all the technology and the timing of companies like Uber and Airbnb when they came out. They have exponential technologies that have totally transformed the industry. Solar is just another one, and the time is now to jump in and get into it.
You don’t have to buy solar, by the way. We’re not saying you shouldn’t, it’s just not the only way to get solar.
You can request a quote for free and we’re happy to help. It doesn’t cost us to use a service to get you the right system set up in your home. Solar will totally change the way you pay your bills. It’s simply easier, and there’s also a fancy cool looking app. Everything’s controlled digitally. It’s incredible technology at the right time. Jump in and find a way to get it on your home. It’s not too good to be true. It’s perfect and is just how it should be.