Over the past few decades, the use of non-renewable energy resources for electricity generation has been greatly frowned upon owing to the harm it does to the environment. Conventional fuel-based power plants emit a number of pollutants and greenhouse gases that lead to air pollution and global warming. Not only that, but fuel-based electricity generation is also quite expensive since most countries rely on imported fuel, which comes at a hefty price. Furthermore, the price volatility associated with the global oil markets leads to varying per-unit electricity prices throughout the year.
So no matter if you want to save up your money or the environment, you should consider installing solar panels to power up your house. From being cost effective to environmentally friendly, solar panels come with an array of benefits. In fact, solar energy is considered to be one of the most versatile, readily available, reliable, and clean sources of energy out of all the other options.
Today, we will walk you through 10 amazing reasons to give solar energy a try, so let’s jump right into it without wasting any time.
Save Up in The Long Run
Americans spend approximately $110 on average on electricity bills every month, although this can vary based on a number of factors. Relying on the national grid to meet your energy needs makes you dependent on the high and constantly changing cost of electricity, but you can avoid that by installing solar panels.
Although the initial installation cost of solar panels is high, they are still cost-effective in the long term. In fact, you can recover the initial cost within the first 10-12 years and save up on your bills after that, making the installation of solar panels worth every single penny. Moreover, the government gives a 30% investment tax credit to homeowners for installing solar panels to encourage everyone to benefit from solar energy. Another good news is that the installation cost of solar panels is coming down rapidly due to the advancements in solar technology, and it is expected that they will be within reach of an average individual in the next few years. Even now, the average total cost of installing solar panels to meet your energy needs is $16,000 – a record low – and is expected to drop down even lower.
Protect The Environment
Conventional energy production plants harm the environment in a number of ways. First of all, the clearing of land for the construction of these plants disrupt the local habitat and cause land pollution. Not only that, but the extraction of fossil fuels itself is also a complicated process that harms the environment in a number of ways. The burning of these fossil fuels to generate electricity releases multiple pollutants and toxic gasses into the atmosphere, become one of the primary reasons for climate change, global warming, rising sea levels, and acid rains.
However, solar energy is one of the cleanest and environmentally friendly sources of energy generation as it does not release harmful gasses in the atmosphere and has a minimum carbon footprint associated with it. Solar panels make use of the energy in sunlight to generate electricity, and since this process does not involve any burning, there are no toxic gases released. Hence, solar energy is considered to be the best environment friendly alternative to meet the growing energy needs as it will decrease our dependence on fossil fuels and lead to a safer and healthier environment for future generations.
Avoid Power Outages
One of the worst things about being dependent on the State for the provision of electricity is having to face frequent power outages as they can hinder your activities and plans. Opting for solar energy is recommended to people living in areas that face frequent power outages.
The central energy transmission system consists of a network of long power lines that deliver electricity throughout the area. However, these overhead transmission lines can become a safety hazard during strong winds, storms, and heavy rains, so to avoid accidents, power is generally cut off under such circumstances. Moreover, maintenance tasks and technical difficulties can also result in power outages. By installing solar panels, you can avoid these power outages and benefit from a more stable and reliable supply of electricity.
Earn From Your Investment
Historically speaking, electricity flow was only unidirectional from the grid to the consumers, but thanks to the advancements in the power sector, 2 way transfer of electricity is now possible. This means that even consumers can feed electricity to the central grid and get compensated. Hence, you can sell the excess energy produced by your solar panels and get paid in return, earning a profit on your initial investment.
Over 40 States in the United States have net metering laws in place according to which you can be paid if you sell excess energy from your panels to the central energy system. Keep in mind that this compensation is not monetary, but you will receive a credit which you can later use to pay for the electricity bought from the grid when your solar panels are not producing enough electricity. Another thing to remember is that the efficiency of your power inverter will play a major role in how much you can earn from the excess energy you supply to the grid.
Become Part of an Energy Revolution
The growing concerns about the negative consequences of fuel based electricity generation are playing a prominent role in shaping the future of the power sector. Governments across the globe are taking steps to promote the use of solar energy and minimize the reliance on fossil fuels to produce electricity. From solar led lights to solar AC, a number of appliances are especially being designed to run more efficiently on solar power. In fact, even car manufacturers are transiting towards the development of electric cars that can be powered by solar cells instead of burning fuel. At this pace, it won’t be long that a majority of things around us will be operating on solar energy.
During the first quarter of 2020, over 2.7GW of solar panels were installed in the US, and this number is expected to grow even further. Hence, investing in solar panels today means that you’re investing in the future and becoming a part of an unstoppable energy revolution.
Create Jobs For Others
Investing in any industry leads to higher demand and hence creates more jobs for people related to that industry. Hence, opting for solar panels created jobs for hundreds of people who are directly or indirectly linked to the solar energy industry.
Jobs in the solar power sector increased by 168% from 2010 to 2015, and in 2015 alone, over 25, 000 more jobs were created in the solar sector. The bright future of the solar industry has attracted many potential investors towards this sector, all of which are competing to become a front runner in the industry. As a result, new and innovative solar products such as solar fences are being introduced, which, in turn, is creating more employment opportunities for people. The installation of solar panels itself is a labor intensive task that requires 15-20 people, and even more, people are involved in the production and manufacturing of these panels.
Increase The Worth of Your Property
By installing solar panels on your house, you can increase the worth of your property by 4%, on average. Many home buyers are willing to pay higher prices for properties that have solar panels to fulfill their energy needs, as they can greatly save up on their electricity bills. Since the solar panels are already installed, they don’t have to make the high initial investment and can take advantage of the government incentives. This especially holds true for areas where the per-unit cost of electricity is too high. However, keep in mind that the price of your property will be dependent on other factors such as the size of the house and the locality.
You can also make use of solar based products to impress potential customers. For instance, you can make use of decorative solar lights in your gardens and outdoors to give your place an aesthetic look. Not only can you increase the value of your property by installing solar panels, but you can also sell it 20% faster than you would otherwise.
Improve Your Living Standard
We have already mentioned that you can greatly save up on your energy costs by shifting to solar energy without compromising on your living standard. In fact, you can improve your living standard by investing in solar panels as you can spend the savings on other things.
Many home appliances such as ACs and refrigerators are compatible with solar energy, so you don’t have to switch to different appliances. In fact, the money you save up can be spent on buying other appliances if you want. Many solar based products are now available in the market that are not only affordable but also bring a lot of convenience to your lives. For example, heating a bathtub has an annual cost of about $280, but you can get solar pool rings for much cheaper and benefit from heating your bath/pool water all year long without incurring any additional costs.
Become Tension Free For Many Years
Solar energy is one of the most reliable and efficient sources of energy production. Unlike conventional energy resources, there are no availability concerns about solar energy as sunlight is available for the most part of the day all around the world, and even if we exploit it for energy production, it won’t run out for at least another 5 billion years. Hence, you don’t need to worry about depleting the respire for future generations.
That’s not all. Solar panels have a lifetime of between 25-30 years. This means that they can continue to power up your house without any major degradation in performance for this time period. The degradation rate of panels varies between 0.3% to 0.8%, depending on the type of material used to make them. Since solar panels don’t have any moving part, they require minimal maintenance throughout their lifetime – all you need to do is to keep them clean of dust or debris, and you’ll be good to go.
Adapt an Innovative And Versatile Technology
Solar panels can be used to produce energy, even in remote and isolated areas that are not connected to the main grid. Portable solar energy kits can provide you with electricity on the go, while solar heating is another option this versatile technology offers.
The domains of solar technology have come a long way over the past few years, and as research in the area continues, it is expected that solar panels will become even more energy efficient and cost-effective. The world is already adapting to the new realms of renewable energy, and it is about time you do the same.
It won’t be long till conventional energy resources are considered a thing of the past. Before you know it, everyone around you will be producing clean and green electricity through solar panels, and why should they not? After all, it’s clean, green, versatile, and cost effective, amongst other things.