As a renewable energy, solar power is the obvious choice for homeowners interested in dramatically reducing their impact on the environment. But what are the other perks? Are there any downsides? In this blog, we have attempted to present an objective analysis of the pros and cons of investing in solar energy.
Advantages of Solar Energy
Save and Earn Money
Once your home is powered by solar energy you will notice that your electricity bill is smaller each month, primarily because a portion of the energy you are consuming is being taken directly from the sun via your solar panels. If you have large enough solar panels, you may even be generating enough energy to sell it to a third party. In some states, there are also tax incentives available to encourage homeowners to use solar power.
Production of solar energy is clean and safe for the environment, and as the threat of global warming becomes increasingly clear, more and more environmentally conscious homeowners are investing in solar power. Aside from being detrimental to the environment, non-renewable energies will inevitably dwindle, so it’s likely that within one hundred years most homes will be adorned with solar panels.
Increase the Value of Your Home
Energy-efficient homes are in high demand in today’s real estate market. By investing in solar energy, you’re also investing in a home improvement that may pay off down the line if you decide to sell. Houses on the market that already have solar panels installed mean that the new buyers can also instantly start saving on their monthly bills, with the cost of the solar panels likely absorbed by the property value.
Disadvantages of Solar Energy
While in the long-term solar panels may help you save on your monthly energy bill, installation of solar panels can be quite expensive up front. This means it’s not always possible for a homeowner on a tight budget to afford converting to solar power.
If you live in an area that gets very little sunlight, it may not be wise to invest in solar energy. Unfortunately, most areas will occasionally have cloudy days, and if you happen to have several in a row, this could mean you don’t save as much money on your electricity bill for that month.Ultimately, there are more advantages then disadvantages to investing in solar energy, but that doesn’t mean it’s right for everybody. Consider the above points before investing so that you can make an informed decision. If you are looking for a solar power professional or contractor in your area, consider submitting a request through EZBZ. It’s free, quick, and easy.