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What are the pros and cons of Solar Panels?

Published On:  October 4, 2020
Published On : October 4, 2020

What are the pros and cons of Solar Panels?

If you are looking for a way to save on energy costs, in the long run, you should install solar panels. Although initial construction costs can be high, the cost-benefit is clear: it is financially and environmentally beneficial to install solar panels on your home. Using solar energy will lower your bills for electricity and gain tax benefits. As they add value to your home and are excluded from property taxes, solar panels are also very good investments. 

Did you know that the sun's energy supply to the earth for one hour could fulfill one year's global energy needs? Undoubtedly, the sun is a strong source of energy, and while we can't help gather a fraction of that energy, it can make a huge difference to the world to absorb that power by installing solar panels.

For property owners of any kind, solar is an innovative energy option, just like any energy choice, choosing to go solar has different advantages and drawbacks that you should bear in mind. Of all the popular pros and cons that come with going solar, here are a few of the ones that rise to the top consistently:

Pros of Solar Panels/ Solar Energy

  1. Solar reduces your electricity bills. 

This top advantage of solar panels is fairly straightforward; you produce your energy when you install solar power for your home, become less dependent on your energy and reduce your monthly electric bill. Especially in this time of pandemic that everyone is always inside, paying off a solar panel system earns a return on investment, unlike paying energy bills. It is also possible to sell solar energy back to the grid, so you can make money as you save.

  1. We will never run out of Solar Energy

We're not suggesting that a gloomy or rainy day would never come, but rather that solar energy is sustainable. This implies that solar energy will continue as long as the sun keeps shining, unlike fossil fuels that will exhaust themselves in just a few decades. And it will be with us for a long, long time, according to predictions. According to NASA, the sun is going to last for 6.5 billion years, and there is no way that we could over-consume it.

  1. Solar Energy promotes energy independence

Unlike coal and natural gas, the sun is an endless source of energy and solar panels can be built almost anywhere. The use of solar panels makes it possible to reduce reliance on foreign oil and fossil fuels, resulting in a more affordable and predictable energy bill, especially during periods of high energy demand.

  1. Solar Energy = environmentally friendly

Solar energy is clean, affordable, and plentiful and emits zero environmentally harmful emissions as it generates energy. That big yellow sun is "gold" as it is coming. The ability of solar panels to absorb energy while not causing air pollution makes them ultra-environmentally friendly. Solar panels would not add to the issue of global warming, and only an unusually sunny day is a "solar leak." When we generate energy using solar panels, nothing is released into the environment. Clean energy is the only thing that is made!

Cons of Solar Panels/ Solar Energy

  1. High initial cost

Although a reduced power bill is a bonus, there are initial costs that may be more than $20,000 for the equipment, panels, and installation. Also, if you have devices that operate on DC currents, directly powering them would be more costly.

  1. Solar Energy isn’t consistent

Although the energy from the sun is free 24 hours a day, it does not shine everywhere. Aside from the direct solar array, nighttime and cloudy days, when people just want the lights on, need an alternative energy source. For this reason, most residential solar arrays are grid-connected and when the sun isn't shining, homeowners still rely on fossil fuels to power their homes.

3. Solar panels require space

To meet energy needs, solar panels need space. A roof will almost always have ample space for residential installations. Space can, however, be a bit of a problem when you look at massive grid-scale solar installations.

  1. You can’t take solar panels when you move

Practically speaking, it is almost impossible to transport once a solar energy device is installed in a home or business. The net metering arrangement is fixed to the property with your utility. Often, it can be expensive to find someone to remove and reinstall your solar panels.

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