The Advantages and Disadvantages of Solar Energy

Advantages of Solar Energy

The more we can capture the benefits of solar energy, the less we will rely on fossil fuels. Adding a solar energy system to your home allows you to tap into these solar energy advantages:

1. Solar energy is a renewable energy source and reduces carbon emissions

Solar energy is a renewable energy source, meaning you don’t ever use it up. Solar energy is clean. It creates no carbon emissions or other heat-trapping “greenhouse” gases. It avoids the environmental damage associated with mining or drilling for fossil fuels. Furthermore, solar energy also uses little to no water, unlike power plants that generate electricity using steam turbines.

2. ​​Solar energy can reduce your home’s electricity bill

A solar energy system for your home can reduce your reliance on the grid and help you save on your electricity bill. Some owners of residential solar energy systems may even have excess power that they can sell to the utility. Instead of paying a utility for electricity, homeowners get paid by the utility. You may not have to buy an entire solar energy system to cut your home’s electricity bill. Simply choose solar lights, lights that are powered by the sun instead of your home’s electrical system, to help save money.

3. Solar power can get you money back through Solar Renewable Energy Credits (SRECs)

Some states offer solar renewable energy certificates (SREC). Each one represents a megawatt-hour of electricity generated through solar energy. Electricity suppliers buy these certificates to satisfy their state’s Renewable Portfolio Standard, a requirement that a certain amount of their renewable energy come from solar. You can sell SRECs for your system's output, which is another way to earn money from your investment.

4. Homes with solar panels installed may improve home value

Home buyers will likely pay more for a house with solar panels installed. Considering solar energy pros and cons, the savings on electricity bills and the money earned selling power back to the utility, all count in the plus column. Residential solar energy systems are highly valued and can increase a home's resale value. The property value of a home with solar panels can be worth up to $15,000 more than its neighbors.

Solar systems are fairly easy to install and require very little maintenance. Both are handled by your solar provider, if you opt for a solar lease or power purchase agreement (PPA). Consider this as you ask yourself is solar energy worth it.

5. Solar panels have low maintenance costs

Solar panels are easy to maintain, as they have no moving parts that wear out over time. Just keep them clean and in good physical condition to keep them working properly. Between their low maintenance costs and average lifespan of 25 years, it can be easy to get your money’s worth when investing in solar panels.

6. Solar energy can generate electricity in any climate

Solar energy systems can generate electricity in any climate. One of the disadvantages of solar energy is that it’s subject to temporary weather disruption. Cloudy days reduce the amount of electricity you produce. Cold, however, doesn’t affect productivity. Snowfall can actually help your solar system, as the snow cleans the panels as it melts and sun reflected off the snow increases the amount of light hitting your panels. The result is more electricity production.