The move to go green is picking up steam across the country. Many households have switched from energy from electric companies to solar panels. Also, more and more communities have started using solar energy to power local businesses and inside city buildings.
But going solar should come without considerable thought. Going green is a step that you should not take lightly. You need to understand the pros and cons fully.
So today, we will look at the advantages and disadvantages of solar energy to help you decide.
The Pros
Going solar has many advantages this year. These pros are down below:
Unparalleled Return on Investment
Solar energy is a clean resource that offers economic and environmental advantages. Going solar this year offers an unparalleled return on investment. Working with the right Solar Contractors in your area can help you achieve independence and get the max value our of your investment. So it is a smart choice for all types of residences and businesses.
Solar energy can help reduce structural costs constraint and achieve energy independence. It also has a great market appeal that can help increase the value of your home and benefit the environment. Solar panels increase a home’s value by 4.1%.
Reduced Carbon Footprint
Going solar is a great way to reduce your carbon footprint this year. A solar panel system can save on electricity bills and reduce your carbon footprint by up to one-half.
Solar energy is renewable and does not emit any greenhouse gases. So it is an environmentally friendly way to power your home or business. Solar panels also increase the value of your home in some cases, depending on local policies and regulations.
Solar systems can last 25 to 30 years and come with warranties, making them a great long-term investment. Switching to solar this year is a great way to reduce your carbon footprint and save money on utility costs.
Substantial Electricity Bills Savings on Electricity Bills
Going solar this year is more than just a trendy buzzword. It also entails financial benefits. It can offer significant electricity bill savings! With traditional forms of electricity becoming expensive, solar power can help offset some of your utility costs.
The photovoltaic cells that make up the panels can convert energy from the sun into electrical power. This results in zero electricity bills for those using solar power. Moreover, since solar power produces no emissions, it is also a much more eco-friendly choice than traditional forms of energy.
To sum it up, going solar this year can provide a substantial decrease in your electricity bills along with a more good way of living.
Government Incentives and Tax Credits
The world is rapidly moving towards renewable energy, and going solar is a great way to do your part. One of the best incentives for going solar this year is government incentives and tax credits.
Depending on where you live, the government offers incentives. This includes grants, incentives, and subsidized loans, which can help offset the solar system’s cost.
Depending on the size of your system and other factors, you may also receive tax credits ranging from 30-50%. These incentives can help reduce the upfront cost of your system and save you money in the long run.
Additionally, installing solar panels can increase the value of your home and make it more marketable. With all the options available, going solar this year makes sense, and government incentives and tax credits are just a bonus.
Little to No Maintenance Costs
With the increasing electricity costs, one of the main pros of going solar this year is the cost-effective, low to zero maintenance costs. This is due to the sophisticated technology of modern solar panels.
Solar panels are usually low maintenance due to their durability and minimal design. Their main function is to absorb sunlight, convert it to electricity, and store it for later use.
Solar panel manufacturers like this top company have maintenance-free solar panels. This eliminates any need for repairs or replacements.
Modern solar panels will also require occasional cleaning to ensure optimal efficiency. This will allow the solar panels to again work at their total power capacity. With no fuel costs, solar can also help save money on energy rates, offering a secure, long-term investment.
Independence From the Grid
Utilizing solar energy from a solar company to power homes is becoming popular for homeowners who want to take control of their energy use. It is also great for people who want to gain freedom from the rising energy costs typical of most utility companies. This becomes especially true during periods of extreme weather conditions that cause blackouts.
If homeowners also want to live in areas not connected to the grid, they can do so with renewable energy. Unconventional ways of living like living in vans, recreational vehicles, and even at sea are made more possible because of solar energy.
By harnessing their energy through solar, users can achieve greater energy independence. Ensure that their energy flow isn’t disrupted regardless of what’s happening in their area.
Peace of Mind
Going solar this year is an excellent way to provide peace of mind for the future. Not only will you be contributing to a cleaner, green planet, but you will also be helping to preserve finite resources such as oil and coal.
Additionally, by investing in solar energy, you will be helping to reduce your utility bills significantly. Furthermore, with the ever-growing advances of technological advancements for solar energy. You can rest assured knowing that your investment will be protected with a secure investment.
Solar energy also allows you to have a renewable and reliable energy source that you can bank on season after season. In preserving your investment, you will have up-front savings, long-term technological gains, and peace of mind. So it’s no wonder why more and more people are switching to solar energy this year.
The Cons
If there are pros to solar energy, there are also cons. Some of these cons are down below:
Financial Considerations
You should evaluate the cons of going solar this year concerning financial considerations. Although upfront costs may have reductions with tax credits, expenses may outweigh the benefits. Maintenance costs, energy storage costs, and inefficiencies can all increase solar energy costs in the short and long term.
Additionally, financial incentives offered by utility companies may include costly strings attached. This includes restricting energy use from external sources or limiting solar system modifications.
Customers must also ensure that solar panel systems are compatible with their roof structure. Otherwise, significant equipment and installation costs may incur. Finally, space constraints or lack of sunny locations may make it difficult to use solar energy.
Inadequate Resources
As renewable energy continues to become more popular, solar energy is a renewable mode that many consider. Going solar this year, however, comes with some cons.
One downside is inadequate resources. If one does not live in an area with enough sun, it makes it difficult to rely solely on solar energy as a power source.
Solar panels must also be in an area with little or no shade. This is so that the panels can be most effective, which further emphasizes the need for a sunny area to make things work.
Furthermore, a steep price tag is associated with solar panel installation and purchase. This may be too costly for some, depending on the size of the area and their financial situation. The inadequate resources associated with solar energy are a drawback for those planning to go solar this year.
Maintenance and Repairs
Going solar this year can be a great decision in saving money and protecting the environment. However, there are still cons to doing so, particularly regarding maintenance and repairs.
Solar energy systems come with the risk of malfunction. This is due to environmental factors like extreme weather, bird droppings, and dust. If not inspected and maintained regularly, further damage may occur to the system.
Furthermore, repairs can be costly. Each component of the system is specialized and sourced, and replaced. Solar panel warranties may lessen the cost burden, yet they may have limitations on coverage.
In conclusion, it is vital to consider the maintenance and repair costs of operating a solar energy system. You need to do this before making the definitive decision to go solar.
Potential Impact on Property Value
Going solar this year has potential drawbacks, especially regarding its impact on your property value. If you decide to go solar this year, it could hurt your property value when it comes time to sell. Local real estate agents may find buyers are cautious of the high upfront costs of solar and less interested in spending more money.
The installation process may damage your property, leaving you with costly repairs you did not expect. Finally, your local zoning regulations may prevent you from improving the home that you expected to enjoy.
Solar energy is a great way to save on monthly bills. But the potential risks may be too much for homeowners looking to profit from their property.
Possible Problems
Using solar energy can have many positive impacts on both individuals and society. But some potential drawbacks must be considered when deciding if going solar is the right choice this year.
One of the potential problems with going solar is the upfront costs associated with installation. Depending on the size and scale of the solar power system, the costs for materials, installation, and permits can be very costly.
Additionally, solar is still heavily reliant on energy from the grid. So this means a sudden power outage will still leave an individual without power unless they have a battery backup system.
Solar panels also take up a lot of room, as each panel requires a certain amount of direct sunlight. This could be a problem for those with limited roof space or land.
Finally, solar power systems need regular maintenance to ensure optimal performance. This adds more expense to the initial solar setup. In short, going solar has its pros and cons and should be carefully researched before committing to a solar energy system.
Uncertainty of Government Incentives
As solar technology and production costs decrease, the level of financial support — tax credits and such — could fall. Without a guarantee of incentives, businesses and individuals aren’t sure if they will receive the full benefits. They are unsure if they will get anything when they move to solar.
Additionally, potential policy changes and grid rules could make solar projects less lucrative. Regulatory and market restrictions could put solar-powered projects in an unfavorable position.
The impacts on electricity supply and demand could also affect businesses dependent on cheap energy. All these factors combined make the certainty of government incentives difficult to predict. It makes it a risky investment considering the expected rate of return.
Voltage Fluctuations
Voltage fluctuations can damage both existing solar systems and electrical energy systems. With extreme variations in voltage, the inverters are used to convert the collected and damaged energy. This reduced the efficiency of the solar system and even caused complete failures.
Thus, households making the switch to solar power should research what voltage fluctuations exist in their area. Too much variation can cause irreparable damage.
Additionally, households should consider buying additional protection against voltage surges. This includes surge protectors to try to make up for their vulnerability to the effects of voltage fluctuations.
Start Your Journey of Going Solar Now!
Going solar this year could provide many long-term benefits. This includes decreasing your carbon footprint and reducing your dependence on nonrenewable energy sources. While there may be some initial upfront costs, the long-term savings of going solar could be well worth it in the long run.
To learn more, contact a local solar installation professional today. Take the first step towards a greener, more secure household energy future.
Do you want to find more helpful info? Check out more of our guides on our blog today!