What are the primary advantages and pros and On the positive side, solar power can lower your energy costs as well as increase the value of your property selling back electricity, safeguard you from increasing energy costs and help reduce carbon emissions. On the other hand solar energy may not work for every roof. It isn’t a good option if you’re planning moving, it offers less return on investment when you’re only paying a low energy bill. Additionally, the initial cost could be expensive and finding the best installation firm can be difficult. Here’s a list of the major benefits and drawbacks of the renewable energy source:
Solar energy increases an investment in your house
Many millions of UK homeowners are intrigued by solar panels, but haven’t yet taken the time to research the steps to installing the panels. This is a common perception among consumers and the undisputed advantages of having solar panels installed on your residence, are in contrast to recent studies which found that property values rise when solar panels are installed. Studies have shown that energy-saving measures can boost the value of homes by as much as 14 percent. The DECC found that energy efficient home improvements, like solar panels, can increase property values by around PS16,000. If you’re not planning on changing your residence in near time, you’ll be earning back the solar panel investment and even more when you decide to sell your house.
Independence Off The Grid
Solar energy has the huge advantage that it provides energy independence. The fuel used to generate solar energy is not purchased or controlled by a single entity, so it is available to everyone to utilize. After you have solar panels in place, you have a completely independent source of power which belongs to you. It is not something to be snooped over and is vital in the near future, not just for you, but for businesses cities, towns and even countries.
Reducing Electricity Bills
Because you’ll be able to meet the energy needs of your home through the power that your solar system produces and your energy costs will decrease. The amount you will pay less for your electricity will depend upon the capacity of your solar array and the power or heat consumption. Additionally, in addition to the fact that you save money on your cost of electricity, but there’s also the possibility of receiving compensation for excess energy that you sell back to grid. If you produce more electricity than you consume (considering you have a solar system connected to grid).
Sell Back Electricity
If your system generates more energy than you require with the help of the generous tariff plans you are able to return the excess energy into the grid. In addition to decreasing your utility bill and reducing your carbon footprint, investing in solar panels will provide you with a the assurance of a government-backed income for the coming 20 years.
Renewable Energy
The switch to solar energy reduces the carbon footprint of your home, since it’s a green and renewable energy source. Contrary to conventional electricity generators solar energy doesn’t release CO2 that is harmful (CO2) as well as other pollutant. Studies have also shown that solar panels for houses can save up to 1 tonne of CO2 each year, which is around 25 tonnes over the course of its life.
