We can safely affirm solar panels have gone up over the past few decades. They have become soooo popular among homeowners, business owners and now even government officials are recognizing their worth.
But we’re all asking the similar question … What’s the reason?
What’s great regarding solar panel technology?
What is it that makes them so popular?
Should I get solar panels? Is this a one-time big marketing gimmick?
Are they worth the cost?
Well, the short response is yes. They’re worth it and I’ll explain exactly why.
We must remember the law of balance. For every advantage , there’s probably a disadvantage. With this case, it’s very true. You may not think it that way, but solar panels have their fair share of drawbacks.
Let’s dive right in and learn about the benefits that solar panels offer.
What Are Solar Panels Used For?
Big business and government corporations are also one of the largest users of solar panels to generate clean, renewable energy. Businesses can use solar panels to lower the cost of their operation costs and create cash flow to invest in their business.
All governments around the world are taking big steps in the direction of solar energy. It is being utilized to power trains, buses and even the world space station.
In the case of homeowners, the requirement to install solar panel systems has grown increasingly more popular over the years. Because solar panels are able to generate electricity at your home.
Many are becoming aware of the numerous benefits of rooftop solar. It’s exciting to see how popular it’s grown over time.
This electricity can then be used to power electrical appliances at home. Solar can power any electrical appliance including your TV and refrigerator to your iphone or game console.
In the end, homeowners will be much less dependent on electricity. At the same time you could save a significant amount of money in power bills every month.
It is possible to store power in solar batteries…
The power generated by solar panels could be stored using solar batteries.
They are suitable for business and homeowners, and can be increased in size. Storing power will allow you to enjoy complete independence from the grid, which means you are the only one who creates and uses your own energy.
Solar batteries are also becoming more affordable and well-liked by business owners or people that use their majority of energy at late at night. Also more and the solar batteries rebates are being offered as well.
Why are Solar Panels So Popular?
Over the past 20 years, solar panels have become extremely sought-after by homeowners, businesses and the agricultural industry.
There are many different reasons people are interested in solar but we’ve narrowed them down to three primary reasons.
Money
Firstly, the most common reason why solar is popular is because of money.
Solar panels could provide homeowners with a massive saving toward their energy costs (if not completely cut it completely).
When people catch wind of your neighbors cutting their energy bills in half, they just want an equal share. If you have a lower energy bill, you’ll free up cash flow each month to invest in things that you like or your family.
The financial aspect that solar has is the main reason for why it has become so popular in today’s age.
Environment
The second most common reason is the effect of the environment.
Solar panels are being constructed to assist in taking a stand against climate change. The public is willing to invest their money into something that will not pollute the earth we live in. Installing solar panels can aid by producing clean energy that could be traded.
It is far better than burning fossil fuels and oils that have a negative impact on the planet. We are gaining awareness of the sustainability of solar panels, which has made them more sought-after.
The Government Incentives
The third reason is that solar panels are making recognition through incentives from the government.
It’s hard to ignore when government offers to purchase back any excess solar energy you generate…
In addition, there is the huge reduction in beginning cost, a interest-free loan to cut costs even further and then a STC certificate that is able to be sold for money!
With commercial solar, for companies, there are rebates and grants offered as incentives to help with the transition to solar.
What Makes Solar Panels the best?
In places like Australia in Australia and America the sun is shining more frequently than in other areas. This means we are able to capitalize on the sun’s light to produce our own electricity. The endless amount of UV light makes getting solar panels worth it.
Government loans and rebates help with the initial cost and make solar extremely affordable for homeowners on any income.
Modern technologies for solar panel efficiency means that solar panels are built to make the most of the sun. This means that you can take advantage of producing your own energy knowing that you are getting the most efficient performance. This makes solar cost-effective since you will be able to generate more energy over a longer period of time. Brands like SolarEdge are at the forefront of technology of solar panels.
16 Advantages of Solar Panels
1. Reduce the cost of your energy bill
One of the most popular benefits of solar panels is that they will reduce the cost of your electricity costs.
When you generate your own energy by utilizing the sun, you will eventually pay less through the grid. This means you pay less for power, which saves even more money on your electricity bill.
Due to the sun’s electricity being renewable and free it means that you’ll not have to pay for the energy you generate through your solar panels.
There are countless benefits of having extra money every month to put towards your loved ones or for other needs. The ability to save money is among the main benefits of solar.
2. Renewable energy source
Solar power is an energy source that is renewable. Renewable energy is a source of energy which is not used up.
The sun generates massive amounts of power throughout the day, which is able to be captured by your solar panels without ever running out.
The benefit of solar’s renewable energy is that everyone is able to benefit of free energy given through the sun.
We don’t have to worry about the sun’s power going out, instead we could take pleasure in the sun’s sunshine that hits our solar panels and generate renewable, clean energy.
As a renewable energy source, solar power is also clean energy meaning the energy doesn’t produce any greenhouse gas emissions.
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3. Enhance the value of your home
Because solar panels have so many benefits for homeowners and homeowners, having them installed on your property can increase the value of your property.
houses with solar panels will be more valuable than those which do not.
This is due to the fact that one house is highly dependent on the grid , while the other home will generate its own power. Enjoying being free from the shackles of increasing costs for energy.
Again this is because solar panels do have the highest upfront cost and can be considered a great investment asset.
The money you invest on solar panels will go into your home , too, you may even see high returns on investment when you install solar on your property.
4. Environmentally friendly
Energy that is produced by solar panels is clean and renewable, as well as emission-free. Solar energy is not a contributor to greenhouse gases or fossil fuels unlike other coals or oils.
In essence, solar panels are environmentally friendly items that won’t impact the planet.
Being environmentally friendly means many things nowadays as well as gaining acceptance in communities for being a proponent of climate change.
It is among the most popular reasons why people make the switch to solar, and is definitely one of the main benefits of solar panels.
Homeowners can relax knowing their energy doesn’t harm the planet.
5. The range of solar products is vast.
Another huge benefit that solar panels offer is the huge selection of different solar panel options offered.
There are solar panels specifically designed for the needs of individuals who want an elite system that can last for a long time.
For those who are searching for a good budget system then there is a massive range to be explored.
Solar panels with thermal technology are offered to those who use most of their energy on heating and are looking to make use of solar panels to lower costs.
Solar panels are available using a battery system that is all-in-one for homeowners that need to store their energy for use at night .
This wide array of choices is an enormous benefit for homeowners since they are able to purchase solar panels that are tailored to their specifications and needs.
6. Low maintenance costs
With new technology being readily available, maintenance of solar panels is getting much easier and simpler.
Warranty warranties are also added for long periods of time, making the need for maintenance of solar panels becoming less and less.
This is great as it means homeowners can buy solar panels without needing to repair or maintain the system each week. In addition, low maintenance means low cost.
There’s no need to pay anything extra on your solar panel system to keep it running at its top.
Once in a while it’s recommended to have the solar panel cleaned in case they’ve attracted dust or soil.
7. Homeowners are able to become energy-independent
The installation of solar panels in your home could allow you to be completely energy independent.
With a high-quality system, you can produce enough electricity enough to supply your household with electricity without needing to purchase electricity through the grid.
This is not only a great accomplishment however, it also means homeowners won’t be forced to pay for ever-increasing electricity prices.
Generating your own power will be save you a large amount of dollars. It also means that you will not be affected by a power outage or maintenance performed by the grid on its power grids.
Many people who have become energy-free can claim that it’s a massive advantage of solar panels.
8. Excess solar can be sold back to the grid
Any energy surplus that is not being utilized in your home can be sold to the grid in exchange for additional cash.
Not only this not only that, but you’re providing your local community with clean, renewable energy. This helps both your community and yourself to get more sustainable energy that is supplied to your grid, by drawing energy from the sun.
Certain homeowners may choose to modify their systems in order to sell excess energy back the grid.
The government has beneficial Feed-In Tariffs to homeowners to be rewarded for power they don’t use.
These tariffs typically vary between states. Two main charges are fixed rates, and time changing. The price per KW is determined through these two tariffs and it is a great option to make sure you to pay off your system faster.
When the system is fully paid off, you will be able to be able to see the ROI from your solar panels. Solar panels could even earn you free money this is a major benefit.
9. Return on investment
Solar panels are an extremely good investment to make, and homeowners are likely to make the money invested back within time.
Even though solar panels are high initial costs however, the money saved every month on energy bills will help toward paying off the expense for the installation.
An easy way to look at it is to say that if you’ve saved an enormous amount of money on your energy bill, then you can apply that money to the costs to run your home.
Once your solar system is paid off you will still be saving money on your electricity bills. Therefore, you are now making a return from the initial investment you made in the solar panels.
10. You will be rewarded by the government
Government rebates can be a huge benefit in solar panels.
Being able to sell your energy back to the government for cash can make it more appealing for homeowners to move to solar. With the pressure on governments to move towards greener solutions and a better environment, the future is expected to be lucrative.
Rates could start to increase in value and rebates may become more simple to get. But, this won’t last forever.
While these rebates vary from state to state , they all offer substantial reductions in cost. Many will also offer a no rate of interest on loans.
The government’s incentives make solar energy more affordable. This is a step towards the right direction. It helps first time buyers secure solar.
11. Power can be stored in the battery and used in the night.
Some all-in-one systems come with solar batteries that are included, like Enphase. These solar systems allow you to store the power generated during the day and use it in the evening instead.
This would benefit homeowners that use a majority of power in the evening. Similar to commercial businesses like schools, supermarkets or even supermarkets.
When you store power you become disconnected from the grid. Rather than buy energy, you are able to use the energy that has been stored.
This could provide even further savings for homeowners. It is best to invest in the highest quality solar panels to reap the full benefits that solar battery storage can bring.
Solar panels with higher quality are more likely to have higher efficiency and produce more energy, meaning you can save more power faster.
12. Solar panels offer long-lasting warranties
Companies who design, test and produce solar panels also offer warranty coverage for their products.
This shows that they have a great deal of confidence in the performance of solar panels and are assured of achieving an acceptable level of performance for a period of time.
Warranty coverage that lasts for a long time is an advantage of solar panels because they guarantee that they will not break or stop performance within the first 10+ year of when you install them.
Homeowners might feel that the move to solar is less risky because they are protected by the warranties for solar panels.
It also means they can work out their estimated saving since there aren’t issues with the solar panels.
13. Solar panel technology is getting more advanced
I’ve seen this happen a lot in the past five years. Technology for solar panels is making enormous leaps in technological advancements that create some incredible capabilities. One of the most notable of all is the ability of solar systems that can be designed in a variety of ways.
The reason I love this so much is because you can create a system around your energy cost. Based on the times you use more energy can set up panels that will capture the highest amount of sunlight, maximising on your self consumption and giving you the best savings.
Other features include full visibility and monitoring of your system to know it’s performance and Smart features that will learn what you’re using the most energy and start exporting it to the grid or other areas like a battery or electric vehicle.
14. The cost of solar panels is increasing in affordability year after year
These panels become more and more affordable every year. There is a race towards getting solar panels at a reasonable price while making sure that the quality remains of the solar panels.
15. The possibility of charging your electric vehicle from your solar panel system
This is going to become an enormous benefit of solar panels in the next six months. In 2022, we’ve seen an enormous increase in the demand for home EV charging systems that can connect and charge those solar panels.
Impressively enough, you can get this set up to maximize the returns from your solar system as well as your electric vehicle.
16. Solar energy was declared to be the energy source with the lowest price in all time.
Wooo! Go solar. Yes, solar energy has been rated as the cheapest source of electricity in history. There’s never been a cheaper way to create high-quality green energy. This was discovered to be the case by the International Energy Agency back in October, 2020.
It was noted that solar energy is significantly cheaper than coal and gas. It’s safe to saythat solar panels have a very bright future ahead being the most cost-effective type of energy available currently available.
Don’t be left out of the excitement, be a part of the community and benefit of the most cost-effective form of electricity. That means it’s cheaper than your energy provider.