What are the primary advantages and pros and On the plus side, solar power can cut your energy costs and increase the value of your home selling back electricity, 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 isn’t a good option if you’re planning to move. It also offers less return on investment when you only have a modest electric bill. The initial costs could be expensive and finding the right installation firm can be difficult. Here’s a list of the top 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 they haven’t had the time to determine how to set up the panels. This reality for consumers, and the obvious benefits of installing solar panels installed on your residence, are in contrast to recent studies which have found that home values increase when solar panels are installed. Research has shown that energy efficiency measures increase the value of homes by as much as 14 percent. The DECC discovered that energy-saving home improvements, like solar panels, can boost property values by around £16,000. If you’re not planning on changing your residence in near time, you’ll be earning the investment you made in solar panels and more when you decide to sell your house.
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Independence Off The Grid
Solar power offers the wonderful advantage that it provides energy independence. The fuel used to generate solar energy can’t be obtained or monopolized, therefore it is available to everyone to utilize. When you have solar panels in place, you are an independent source of power that is yours to use. This should not be looked over and is vital to the future of not only for you, but for businesses as well as cities and nations.
Reducing Electricity Bills
Since you’ll be meeting certain of your energy requirements through the power that your solar system produces and your energy costs will be reduced. The amount you save on your bills will depend by the power of your solar panel and the heating or electricity consumption. In addition, while you be saving money on your electric bill, but there’s the possibility of receiving compensation for excess energy which you export into the grid. If you produce more electricity than you consume (considering how your solar panels are connected to the grid).
Sell Back Electricity
If your system generates more energy than you require by taking advantage of the generous tariff programs you are able to return the excess energy at a lower cost to the grid. In addition to decreasing your utility bill the investment you make in solar panels will provide you with a the assurance of a government-backed income for the coming 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. Contrary to conventional electricity generators solar energy doesn’t release the harmful CO2 (CO2) and other pollutant. Studies have also shown that solar panels on homes could help save about 1 tonne of CO2 each year, or about 25 tonnes over the course of its life.