Solar energy pros and cons are a hot topic today. As the earth's most plentiful source of energy, the sun holds enormous promise as a clean and dependable way to power our world.
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When the radiant energy of the sun is converted to heat and electricity, it can provide energy to residences and businesses, and even power vehicles.
Now might be a good time to learn about solar energy advantages and explore adding a solar energy system to your home. Then you can decide: Is solar energy worth it?
When considering home energy options, it is important to understand how solar energy works. When sunlight hits a solar panel, a photovoltaic cell turns that light into direct current (DC) electricity. An inverter then converts it to alternating current (AC), which is what most devices in your home use.
The more we can capture the benefits of solar energy, the less we will rely on fossil fuels. Adding a solar energy system to your home allows you to tap into these solar energy advantages:
Solar energy is a renewable energy source, meaning you don't ever use it up. Solar energy is clean. It creates no carbon emissions or other heat-trapping 'greenhouse' gases. It avoids the environmental damage associated with mining or drilling for fossil fuels. Furthermore, solar energy also uses little to no water, unlike power plants that generate electricity using steam turbines.
A solar energy system for your home can reduce your reliance on the grid and help you save on your electricity bill. Some owners of residential solar energy systems may even have excess power that they can sell to the utility. Instead of paying a utility for electricity, homeowners get paid by the utility. You may not have to buy an entire solar energy system to cut your home's electricity bill. Simply choose solar lights, lights that are powered by the sun instead of your home's electrical system, to help save money.
Some states offer solar renewable energy certificates (SREC). Each one represents a megawatt-hour of electricity generated through solar energy. Electricity suppliers buy these certificates to satisfy their state's Renewable Portfolio Standard, a requirement that a certain amount of their renewable energy come from solar. You can sell SRECs for your system's output, which is another way to earn money from your investment.
Home buyers will likely pay more for a house with solar panels installed. Considering solar energy pros and cons, the savings on electricity bills and the money earned selling power back to the utility, all count in the plus column. Residential solar energy systems are highly valued and can increase a home's resale value. The property value of a home with solar panels can be worth up to $15,000 more than its neighbors.
Solar systems are fairly easy to install and require very little maintenance. Both are handled by your solar provider, if you opt for a solar lease or power purchase agreement (PPA). Consider this as you ask yourself is solar energy worth it.
Solar panels are easy to maintain, as they have no moving parts that wear out over time. Just keep them clean and in good physical condition to keep them working properly. Between their low maintenance costs and average lifespan of 25 years, it can be easy to get your money's worth when investing in solar panels.
Solar energy systems can generate electricity in any climate. One of the disadvantages of solar energy is that it's subject to temporary weather disruption. Cloudy days reduce the amount of electricity you produce. Cold, however, doesn't affect productivity. Snowfall can actually help your solar system, as the snow cleans the panels as it melts and sun reflected off the snow increases the amount of light hitting your panels. The result is more electricity production.
The disadvantages of solar energy are becoming fewer as the industry advances and grows, creating economies of scale. Technological advances are helping solar go mainstream. Here are how the disadvantages of solar energy and the pros and cons stack up.
The most commonly cited solar energy disadvantage, cost, is declining as the industry expands. The initial cost to buy and install the equipment is not cheap. Still, if cost is an issue, leasing options may reduce the amount of your initial outlay. If you do choose to buy, you will need to live in your home for a number of years before the system pays for itself. It's a long-term investment better suited to property owners than renters.
Of the disadvantages of solar energy, the temporary decline in energy production during bad weather has been a major issue. Days with low solar energy, however, are having less of an effect due to advances in battery technology. Old technology for storing solar energy, like lead acid batteries are being replaced by alternatives. Lithium ion batteries offer greater power at a lower cost. Nickel-based batteries have an extremely long life. New technologies, like flow batteries, promise scale and durable power storage.
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Not every room will work well with solar panels. Orientation matters. If your roof doesn't face the sun, you won't be able to capture enough solar energy. Roofs that angle into the sun tend to work better than flat roofs.
Roofing materials like asphalt shingles, metal and tiles make installing solar panels easier. If your room is made with other materials, installation may be more expensive. Part of what makes energy-efficient roofs is their ability to support solar panels.
It's obvious that solar panels need sunlight to generate electricity. They won't produce electricity at night when you need it for light and they can be inefficient during storms and gloomy days. Your solar energy system needs batteries if you plan to fully depend on solar energy to power your home.
Batteries are one of the more expensive components of your system. Unlike solar panels, they do wear out and need careful maintenance to lengthen their lives. Comparing wind power vs. solar power, wind will keep generating electricity at night and during storms, as long as there is enough wind. Many people use both in residential systems.
When weighing the pros and cons of solar energy for your home, there are additional options worth considering. Community solar projects are a great way to get the advantages of solar energy without buying and maintaining a system yourself.
If your home and roof won't support solar panels or if you don't have enough money to invest in one, community solar might be your answer. With this option, you agree to participating in a program that allows you receive credits for every kWh generated by the solar facility. You get a credit on your electricity bill proportional to your percentage of ownership in the project's energy.
Solar energy for residences is a hot topic, and rightfully so. The amount of solar connected to the electric grid has grown exponentially in the past several years, and there are now nearly 4 million American households that are already generating their own power with solar energy.
This clean energy source is making the electric grid more dependable while helping solar homeowners save money and improve the value of their homes. With all of this interest and so much information available, Energy Saver wants to take a moment to highlight five benefits of residential solar:
Residential solar is more affordable than ever, especially with the extension of the federal residential solar tax credit. Taxpayers can claim a 30% tax credit on the cost of solar systems on their income taxes. But be sure to install before January 1, , when the tax credit is set to decrease to 26%.
There are also a number of different financing options to make purchasing solar systems easier and with less money upfront. The monthly amount owed on a solar loan is typically less than an average utility bill.
Solar offers great potential to save money on your monthly utility bill, and with utility bills trending upward, solar is likely to remain a good money-saving option for years to come. The amount you save depends upon how much electricity you consume, the size of your solar energy system, and how much power it is able to generate. You may also opt for a leased, third-party owned system that allows a homeowner to host a solar energy system on their rooftop and purchase back the electricity generated at a discounted rate, which is not only is often less than utilities charge customers, but also allows electricity rates to be locked in for years.
Generating your own solar power can give you the freedom to keep the lights on if there's a disruption in power. Residential solar energy systems paired with battery storage'generally called solar-plus-storage systems'provide power regardless of the weather or the time of day without having to rely on backup power from the grid. As battery technology improves and financial incentives for energy storage go into effect, deciding to invest in battery storage makes sense for more households across the nation.
Buying a solar energy system will likely increase your home's value. A Berkeley National Laboratory study found that solar photovoltaic panels are viewed as upgrades, just like a renovated kitchen or a finished basement, and home buyers across the country have been willing to pay a premium for a home with an average-sized solar array. As for third-party owned systems, it appears that the impact is largely neutral but can occasionally add value, especially for prepaid leases.
Solar panels only need one thing to generate electricity -- sunshine! Even in the winter when there are fewer hours of daylight, there is still a sufficient amount to power the average American home. That makes solar viable even in Alaska with longer, colder winters. The U.S. Department of Energy's Solar Energy Technologies Office (SETO) is dedicated to ensuring solar panels can withstand the elements no matter your location. SETO funds five Regional Test Centers across the country -- each in a different climate -- to make sure panels perform as best they can, regardless of climate or weather.
Do you rent your house? Or do you live in a high-rise condo building? Not a problem. Community solar programs allow multiple people to benefit from a single, shared solar array. These arrays can be installed on your building or offsite in a different location. Purchasing costs and the installation of the solar energy system are then divided among all of the participants. All are then able to buy into the shared system at a level that best fits their budget. The portion you share can even be negotiated into the sale of your place should you move!
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