Out of all the energy alternatives, solar power is probably one of the most sustainable. However, it is also quite expensive, although its price will continue to decline in the coming years. The future of solar power is looking brighter than ever, which is why many solar power companies are sprouting up all over Salt Lake City, Utah. But like any other power source, solar energy has some pros and cons that you need to consider.
The Advantages of Solar Energy
Solar energy offers many benefits, and here are some of them:
- Reduced electricity bills. One of the most attractive advantages of solar power is that it can drastically reduce your electric bill. When you install a solar panel system in your home, you will now be creating your source of electricity, so you get to lessen your dependence on your electrical utility. Most solar panel systems can last from 25 years up to 35 years, meaning you get to cut on your electricity costs for decades.
- Improved home value. Solar power installation does not come cheap. But recent studies found out that after the installation of solar power, property resale values increase substantially. So even if you’re planning to move out sometime soon, you will still be able to earn back your investment and then some when you decide to sell your home. So this helps level out the large upfront purchase and installation costs.
The Disadvantages of Solar Power
Solar energy, while a good alternative, is not perfect. Here are some of the possible difficulties that you need to consider:
- It won’t work for every roof type. Older roofing material\s like slate or cedar tiles may put a roadblock on your switch to solar because they are not ideal for rooftop solar panel installation. Likewise, many newer homes and apartment buildings have rooftop additions, like skylights and roof decks, that make solar installation very difficult and costly. Fortunately, there are other options if your home does not qualify for a rooftop installation, such as a ground-mounted solar panel. Buying a share in a community solar garden is also another option.
- Solar is not ideal for you if you are about to move. Solar installation involves a substantial financial investment, and it takes a few years to reach the break-even point. In the U.S., seven and a half years is the average solar panel payback period. However, solar panel installation can also help increase the resale value of your home. So if you’re planning to sell your property, then you may be able to get back your initial investment.
Things to Remember When Shopping for Solar Panels
- Get multiple quotes from different providers.
- Cheap is not always better. Sometimes, it also means inferior quality.
- Take advantage of corporate and government incentives. They can help lower your upfront costs.
- Double-check the warranty terms.
- Hire an experienced and reputable company for the installation.
There is no doubt about the advantages that you can get from solar power, as it does not just help you lower your energy bill. It also helps protect the environment because it produces less carbon. However, there are also some disadvantages that you need to work around, as solar power is not the panacea to all energy-related problems.
