Solar panel roof installation is a popular energy investment for many homeowners nowadays. As more and more people learn about the substantial savings on utilities and learn more about solar energy, investing in it seems like a no-brainer!
However, it is a decision that you must consider carefully. While the benefits of solar power are apparent, there are several downsides to consider making before you take the leap. To help you make an informed decision, we are going to look at some of the pros and cons of solar panels, so strap on!
Table of Contents
Solar Panels Pros
There are numerous upsides to installing solar power panels, including:
1. Reduced Electricity Bills
Switching to solar from conventional sources of energy can lead to substantial financial savings. Over a 2-decade period, you could be looking at savings of anywhere between $10,000 and $30,000 depending on your location, house size and electricity consumption. Unlike paying utility bills, you get a return on investment by purchasing a solar panel system. You can also sell back solar energy to the grid, allowing you to earn as you save.
2. Solar Power is Versatile
You can use solar power in an array of situations, from your home to run all devices, to farms and gardens where cheap irrigation techniques are required as well as rural regions where there is no grid to rely on.
Whether it is using photovoltaic panels or thermal solar, the uses of solar energy are unlimited.
3. Longevity & Little Maintenance
Good solar power systems last at least 20 years. During this time, solar panels and other components call for little maintenance. The solar power company you pick can help you comprehend exactly what is needed for maintenance. Some even have self-cleaning systems for the panels as dust, dirt and other debris can affect the output considerably.
4. Solar Power Technology is Always Improving
Innovation in the solar energy field is ongoing. As researchers and scientists explore the roles of nanotechnology and quantum physics can play, we can expect solar power systems to become more efficient. After all, we can see solar wearables, like wristwatch fitness trackers in the market already.
Solar Panels Cons
As with almost everything in this world, advantages come accompanied by disadvantages as well and this is no exception for solar panels. Here are some downsides associated with solar panels worth considering:
1. High Initial Cost
Reduced electricity bills may be an advantage, but the initial costs of the panels, equipment and installation could set you back $20,000 or even more. If you have DC devices running from AC sources, they will require a transformer. These devices are not completely efficient, however, meaning the running cost is higher with an alternating-current source compared to a direct-current solar panel.
2. Dependence on the Weather
The sun is the most important aspect of solar panels. If you live in a place that experiences cloudy days for an extended period, you’ll end up with a less efficient solar power system. It will also be less productive during the winter season compared to summer.
3. Almost Impossible to Move
Once a solar power system is installed on a home or business premises, it is possible to transfer the panels when you move to a new house or office, but this is rarely advised. That’s because the panels and other components have to be dismantled and retrofitted to your new location, which is likely to cause extensive damage not just to the panels, but also to the roof. Also, the property’s value increases with a solar power system and so, you should be able to recover most of the initial cost if you leave it for the next owners.
4. The System May Need Rare, Irreplaceable Components
Solar panels have unique features that usually demand the use of rare materials like the cadmium telluride found in thin-film solar cells. As such, getting energy from the sun does come at a cost that you should know about.
With the knowledge of the ups and downs of solar panels, you should be in a better position to make a decision. Solar systems come with some downsides, but it is an excellent way to utilize clean energy at home while saving money on electricity. However, you’ll want to consult a professional on the viability of such a system.