When it comes to renewable energy sources, solar panels are one of the most talked about. The energy source from the sun is utilized by installing solar panels and is beneficial for the environment. However, some homeowners claim they aren’t efficient and are unaffordable from a financial standpoint. Let’s look at some advantages and disadvantages of purchasing solar panels.
Reduces Utility Bills
With solar panels, you’re using the sun’s energy, therefore, your electricity bills are substantially lower. The amount you can save depends on your heating or electricity usage and the size of the solar system. Most states implement a policy called net metering which allows you to receive a credit for energy your solar panels produce that you don’t use.
Most solar panels don’t require cleaning or maintenance more than once per year. Reputable solar energy companies also offer warranties for up to 25 years. You can expect to pay the initial fee for setting up your system with little to no additional costs for repair and maintenance for a lifetime.
The initial cost and setup fee for your new solar panels is fairly high and includes installation, wiring, batteries, the inverter, and the solar panels themselves. A typical good solar generator system can cost from $20,000 to $40,000.
The efficiency of your solar energy system depends on the weather. While they can still collect some 10 to 25% of energy on cloudy days, direct sunlight is the main source of energy. If you live in a state that experiences regular bouts of inclement weather, solar panels might not be the best choice for you.
Associated with Pollution
While solar energy systems omit less pollution than fossil fuels, the installation process, and transportation of hazardous products and toxic materials contribute to the emission of carbon dioxide and other greenhouse gases.