What are the major advantages and pros and On the positive side, solar power can cut your energy costs as well as increase the value of your property and sell back electricity to safeguard you from increasing energy costs and cut down on carbon emissions. On the negative side solar energy isn’t a good fit for every roof. It might not be the best choice if you’re looking moving, it offers less return on investment when you only have a modest energy bill. Additionally, the initial cost are high and finding the right installation firm can be difficult. Here is a summary of the top benefits and drawbacks of this energy source that is renewable:
Solar 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 reality for consumers, and the undisputed advantages of having solar panels in a residence, are in contrast to recent studies that have found that home values increase after the installation of solar panels. Research has 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 the value of your home by an average of £16,000. If you’re not planning on shifting in the next few years, you’ll be earning the investment you made in solar panels and more in the event of selling your home.
Independence Off The Grid
Solar power offers the wonderful advantage in 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 set up, you have a completely independent source of power which belongs to you. It is not something to be snooped over, and is crucial to the future of not just for you, but also for businesses as well as cities and nations.
Reducing Electricity Bills
Because you’ll be able to meet the energy needs of your home through the power the solar system generates the energy bill will decrease. The amount you reduce your energy bill will depend upon the capacity of your solar panel and the electricity or heating usage. In addition, while you save on your cost of electricity, but there’s the possibility of receiving compensation for excess energy which you export 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 what you need with the help of the generous tariff programs you are able to transfer the surplus energy back at a lower cost to the grid. This means, in addition to decreasing utility costs and reducing your carbon footprint, investing in solar panels provides you with the assurance of a government-backed income for the future 20 years.
Renewable Energy
Solar energy is a great alternative to reduce the carbon footprint of your home, since it is a clean, renewable energy source. In contrast to traditional generators of electricity, solar energy doesn’t release the harmful CO2 (CO2) and other pollutant. Studies have also shown that solar panels for houses can save up to 1 tonne of CO2 each year, or about 25 tonnes over the life of.