Pros and Cons of Solar Panels Installation.
Is Solar Energy Worth it in 2024?

Pros and Cons of Solar Panels Installation.
Is Solar Energy Worth it in 2024?

As the world increasingly goes solar, one question in the minds of most homeowners and businessmen is whether installing solar energy on their property is worth it? Of course, going solar can save you from blackouts, and will even cut off your electricity bill, but still, solar panels aren’t the right fit for everyone. 
In this article, we’ll walk you down through the pros and cons of solar panels for home, businesses, industries and more.

What Makes Your Place a Good Fit for Solar Panel Installation?

What Makes Your Place a Good Fit for Solar Panel Installation?

Before we start, you should understand that solar panels work best on certain criteria. Let’s discuss some of the criterias which makes your palace an ideal fit for the next solar panel installation service.

Availability of Sunlight:

Availability of Sunlight:

If your location receives ample sunlight throughout the year, then it might be the ideal place for solar panel installation. As solar panels generate electricity through sunlight, areas that receive long hours of sunlight tend to have higher solar energy potential.

Roof Space and Angle:

Roof Space and Angle:

To install solar panels at your place, it’s better if you have a spacious roof. Smaller roofs can accommodate a small setup which may cost you more than what you will pay for larger setups, which can be accommodated by a spacious roof. Learn how much do solar panels costs.
The angle of your roof also matters. Roofs that face south and have a tilt angle that corresponds with the latitude of the area receive the maximum sunlight exposure. It is also better if the roof is not shaded by buildings, trees, or other structures as it may block the sunlight exposure.

Climate:

Climate:

The climate of your place plays a crucial role in the performance of the solar panels. Although cloudy and overcast conditions can still generate electricity, places with clear sunny climates are reported to be more conductive to solar energy production. Nevertheless, regardless of colder climates, solar panels may prove to be effective if they get sufficient sunlight.

Local Policies and Incentives:

Local Policies and Incentives:

To promote solar panel installation, some areas provide several beneficial options such as tax credits, rebates, and feed-in tariffs. Moreover, there are some supportive policies, such as net metering that can make solar panels more economical. Before making your decision, don’t forget to get complete information from your provider who can brief you the right way.

Local Environment Condition:

Local Environment Condition:

When deciding if your place is suitable for solar panel installation or not, consider factors like air quality, temperature fluctuations, hurricanes, or extreme weather conditions. The possible threats should be taken into account and not ignored.

If your locations meet all these criterias, congratulations! You have the best location for solar panel installation. Now, what’s next? As you know, installing a solar panel requires abundant funding. And before you invest your money, you must know the advantages and disadvantages of solar panels which can help you make a wise decision!

Advantages and Disadvantages of Installing Solar Panels

Advantages and Disadvantages of Installing Solar Panels

To make an informed decision, it is crucial for you to know what are the pros and cons of solar panels. Let’s first take a look at the benefits of installing solar panels on your home

Benefits of Solar Panel Installation:

Benefits of Solar Panel Installation:

1. Reduces Electricity Bill:

1. Reduces Electricity Bill:

Solar panels use solar energy to generate electricity. It means that no other means of electricity will be utilised. Since your home will be producing its own electricity, there won’t be any electricity bill that you will have to pay. And speaking facts, electricity bills often break your wallet!

2. Increases Home Value:

2. Increases Home Value:

People seeking to buy a house tend to pay higher for a house with solar panels installed.

3. Long Term Savings:

3. Long Term Savings:

Although initial investment of installing solar panels may be high, since the electricity bill will be eliminated for at least 25+ years, solar panels prove to be a cost-effective choice for homes, businesses, and industries in the long run.

4. Low Maintenance Cost:

4. Low Maintenance Cost:

With no movable parts and basic cleaning requirements, the solar plans require only occasional inspection to ensure optimal performance. This makes solar panels affordable and convenient throughout its lifespan.

5. Net Metering:

5. Net Metering:

Net metering is the process where the solar panel owners are able to sell the extra electricity units back to the respective grid. This process lets the owners make some money and promote solar panel installation.

It’s true that installing solar panels can prove to be very beneficial for you. But not everything is perfect. With the benefits, there comes some disadvantages of installing a solar panel that must be considered before investing your money.

Disadvantages of Installing Solar Panels:

Disadvantages of Installing Solar Panels:

1. Solar Energy Storage is Expensive:

1. Solar Energy Storage is Expensive:

One disadvantage of the solar panels other than being an expensive investment is it having a decline in energy production during bad weather conditions. This issue is not being fixed by new batteries which are costly.

2. Solar Panels Aren't Ideal if You're Planning to Move:

2. Solar Panels Aren't Ideal if You're Planning to Move:

If you live in a rented residence, or may need to move in a couple of years, solar panels may not be a perfect choice for you if you plan to leave the house within 3 years of installing solar panels.

3. Solar Panels Doesn't Work at Night:

3. Solar Panels Aren't Ideal if You're Planning to Move:

Solar panels generate electricity through sunlight. If you run out of stored energy, you may need to use electricity from the grid. This isn’t something to worry about if you live in an area where net metering has been enacted. However, solar energy won’t be profitable without a battery if the electricity provider doesn’t compensate you for the extra power you feed into the system.

4. Good Quality Solar Panel Installers are Hard to Find:

4. Good Quality Solar Panel Installers are Hard to Find:

Since the market is growing rapidly, many people are now getting engaged in the business. In this case, searching for quality installers may be a challenge.

5. Solar Panel Damages your Roof:

5. Solar Panel Damages your Roof:

Since solar panels are installed on the roofs, it may cause some damage to your roof as well.

Is Solar Energy Worth it in 2024?

Is Solar Energy Worth it in 2024?

Despite the disadvantages of the solar panels, it is still considered one of the best innovations that the era needed. Your decision on installing solar panels must depend on your circumstances. If you meet the criteria that proves to be beneficial, then solar panels can not only elevate your lifestyle, but change your world for the good!

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