Title: The Pros and Cons of Solar Energy
1The Pros and Cons of Solar Energy
- Alex Yackery 23rd August 2016
2What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
- It Can Either Drastically Reduce Or Totally
Eliminate Your Electric Bills.
- This top benefit of solar panels is pretty
straightforward when you install solar power
for your home, you generate your own electricity,
become less reliant on your electric utility and
reduce your monthly electric bill. A solar panel
system typically has a 25-30 year lifespan, which
means that you can cut your electricity costs for
decades to come by going solar. Use this instant
estimate tool to get a customized estimate of
your long-term electricity bill savings and
review personalized projections for up-front cost
and 20-year solar savings.
3What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
- It Improves The Value Of Your Home.
- Millions of U.S. homeowners are interested in
solar panels but havent taken the time to figure
out what it takes to install them. This consumer
reality, and the undeniable benefits of having
solar panels on a home, complements recent
studies that found property values increase after
solar is installed. Thus, the second pro of
solar can help to level out one of the cons that
we discussed earlier even if youre planning on
moving in the near future, youll earn back your
solar panel investment and then some when you
sell your home. To learn more about the increased
resale value of solar homes and find out just how
much solar adds to the market value of your
property, check out this article on solar and
property values.
4What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
- It Can Pay You Money While Youre Earning Back
Your Investment.
- Due to a number of awesome solar incentives in
the U.S., solar panels can actually turn you a
profit in addition to generating bill savings
that pay off the cost of the system. Solar
renewable energy credits (SRECs) and net
metering are two key benefits of solar that allow
you to earn bill credits (or even extra cash) as
your system produces electricity. In these
scenarios, you are being compensated for the
electricity that your solar panels generate. If
you live in a state where either of these
incentives apply, you can expect both immediate
and long-term returns from your solar investment.
5What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
- It Gives You Control Over Rising Energy Costs.
- Many homeowners face anxiety when it comes to
their electricity bills because, in most
scenarios, there is nothing you can do to control
your utility electricity rate. While the cost of
solar has decreased by more than 70 percent in
the past decade, the cost of electricity has
risen by about five percent, and that trend in
rising electric cost is expected to continue.
Going solar puts you in the drivers seat when it
comes to energy generation. Utilities are quickly
adapting to the rising adoption of renewable
energy and the U.S. government is quickly
increasing its goals for greenhouse gas emissions
reduction, which means theres really never been
a better time to be energy autonomous.
6What Are The Advantages Of Solar Energy? The Top
5 Benefits Of Solar Power
- It Reduces Carbon Emissions And Helps The U.S.
Move Towards Energy Independence.
- Perhaps the most admirable and patriotic
advantage of solar power is the fact that it
benefits our environment while simultaneously
helping our country to make the necessary
transition away from fossil fuels. In pursuing
energy solutions to help the U.S. reduce overall
emissions, our nation is also establishing
independence in order to cease being heavily
reliant on fossil fuel producers abroad. As the
world searches for the most cost-effective ways
to reduce our carbon output in the face of global
climate change, solar energy has become a trendy
resource for good reason and perhaps a bragging
right for Earth Day and the Fourth of July.
7What Are The Disadvantages Of Solar Energy? The
Top 5 Cons Of Solar Power
- It Doesnt Work For Every Type Of Roof.
- Rooftop solar panels are installed by connecting
a mounting system (also known as racking) to
your roof. Certain roofing materials used in
older or historical homes, such as slate or cedar
tiles, can be difficult for solar installers to
work with, throwing up a road block for solar
power. Additionally, many homes and apartment
buildings have skylights or other rooftop
additions like roof decks that can make the solar
installation process difficult or costly. In the
long run, however, this shouldnt be a barrier to
the mass adoption of solar power in the U.S. If
your home doesnt qualify for a rooftop solar
installation, you still have options ground
mounted solar panels or buying a share in a
community solar garden can get you around this
disadvantage of solar energy.
8What Are The Disadvantages Of Solar Energy? The
Top 5 Cons Of Solar Power
- Its Not Ideal If Youre About To Move.
- Solar is a great financial investment, but it can
take some time to reach the break-even point so
often heralded by industry sales reps. The
average solar panel payback period in the U.S. is
around seven and a half years. For a young
homeowner who may be moving in the coming years,
putting solar panels on his or her roof might
feel like an unworthy investment. But, as youll
learn later in this article, solar can actually
improve your property value and thus increase
your return when you do sell your home. So as
long as you plan to buy your system with a cash
purchase or loan, this disadvantage of solar
power can be easily avoided.
9What are the disadvantages of solar energy? The
top 5 cons of solar power
- If your electricity costs are low, so are your
solar savings.
- The ultimate benefit of solar energy is that it
will reduce your use of utility-provided
electricity and save you money every month as a
result. However, that condition assumes a
homeowner has sizable electric bills to begin
with. For a homeowner in a state like Louisiana
where the cost of electricity is 27 percent lower
than the national average, installing a solar
panel system isnt nearly as attractive as it is
to a Hawaii homeowner who pays more than double
the average electric rate.
10What Are The Disadvantages Of Solar Energy? The
Top 5 Cons Of Solar Power
- If You Cant Access Solar Financing, Up-front
Costs Can Be Intimidating.
- Theres a nationwide debate going on about how
much homeowners have to pay out-of-pocket for
solar. The total out-of-pocket price tag for a
solar panel system depends on tax credits,
rebates, and the financing option you choose.
Though you can easily get a figure for the
average cost of solar in your state or even a
personalized estimate for your home, the simple
answer is that the up-front cost of solar is
sizable if you dont qualify for a zero-down
solar loan. - The disadvantage here is clear not everyone has
the cash on hand to make an investment of this
size with an up-front payment. That being said,
there are a number of solar financing options to
help you get around this solar con such as state
backed loan programs, leases and power purchase
agreements.
11What Are The Disadvantages Of Solar Energy? The
Top 5 Cons Of Solar Power
- Finding Quality, Local Installers And Easily
Comparing Quotes Can Be Difficult.
- Theres a common association that many homeowners
have with solar. It has to do with pushy
door-to-door solar sales reps that pressure
consumers to sign a 20-year solar contract before
they explain the full scope of the offer or the
credibility of the solar company. Solar is one of
the fastest growing markets in the world, and
there are plenty of companies that are deploying
aggressive sales tactics to get their fair share
of the market. As a result, for many people,
shopping for solar can be a stressful and
confusing scenario. Luckily, there are easier
ways to shop for solar that puts the homeowner in
control.
12Contact US
- Venture Home Solar
- 240 Kent Ave, Brooklyn,
- NY 11249
- 1 800-203-4158
- http//venturehomesolar.com/
- Resource http//goo.gl/hEa6bQ
13(No Transcript)