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Idea Transcript
(https://solartribune.com)
Advantages and Disadvantages of Going Solar (https://solartribune.com/your-home/solar-advantages-disadvantages/)
Pros of Solar Reduces your electricity costs: The average U.S. household . A solar energy system can save you tens of thousands of dollars in electricity costs over the lifetime of the panels.
Increases the resale value of your home: A found that homebuyers on average were willing to pay $4,000 more per kilowatt of solar capacity when buying a solar-equipped house. This means that a standard 6-kWh solar energy system can add $24,000 to your home’s resale value.
Sell excess power back to the electrical grid: Grid-connected solar energy users can sell excess solar-generated power back to their utility through a process called .
Solar incentives can reduce your cost burden: There are a number of that can shave tens of thousands of dollars off of the initial upfront cost of a solar install.
Flexible financing tools: Solar-specific financing tools, like realize returns on your solar investment while avoiding significant upfront costs.
, allow you to
Reduces your carbon footprint: The average U.S. household uses about 11,000 kWh of electricity annually, which is equivalent to the carbon dioxide emissions . Producing this power through renewable sources like solar can dramatically reduce your household’s carbon footprint, and help reduce the country’s reliance on fossil fuels.
Cons of Solar Solar energy systems can be costly: Solar energy systems can be cost prohibitive for homeowners who don’t qualify for federal and state solar incentives or who lack access to solar financing options. It is important to when evaluating your solar options.
Solar energy is an intermittent energy source: Solar energy production fluctuates based on time of day and season, so unless you have a to store your energy and smooth out the fluctuations, your panels will do you little good during off-peak times.
Rack-mounted panels can be aesthetically unappealing: Traditional rack-mounted solar panels are not very visually appealing, but new-age solar products with a sleek design, like , can help to mitigate this issue.
Little benefit if your electricity costs are already low: If your electricity costs are already low, you won’t benefit much financially by getting a solar energy system.
Not a good fit if you plan to move soon: The payback period for most solar energy systems is between 5-10 years. If you know you will move from your home in the near future, then solar panels make little financial sense for you.