With the increase in awareness about the depleting natural resources, the lookout for new, renewable, and cleaner energy sources has also gained pace.
Solar energy is one of the main sources of renewable energy. Being clean and free of cost, it can be utilized easily to generate energy. Solar panels are used to harness the sun’s energy, but it does not come without any pros and cons.
Advantages of Solar Panels
Solar panels allow you to obtain energy from an alternative source rather than the main power grid. This eliminates the need of having long power lines running to your home. This can prove to be especially beneficial for houses that are located in far off areas.
2. Long-term Efficiency
Once installed, solar panels can make up for their initial installation investment as they do not require any extra fuel to work. This means that you can rely completely on solar panels and see a return on their investment immediately, with no more electric bills. Solar panels also require very little maintenance.
There are several federal and government incentives available that are offered to those who plan to install solar panels on their homes. This is available in the form of tax credits for homes and businesses. Solar panels also tend to increase the value of a home or business.
Disadvantages of Solar Panels
It is important to place solar panels in an appropriate place where they can receive the maximum amount of energy from the sun. Solar panels have minimal efficiency in cloudy areas, and can also be less effective in areas where there is heavy tree cover.
2. Initial Expense
The initial cost of installing solar panels can be quite high. Studies show that extensive use of solar panels in homes may not yet be a financially suitable option due to their high costs.
3. Impact of Geography
Rather than depending on the strength of the sunlight they receive, solar panels tend to rely more on the number of hours in the day that the sun is out. Thus, solar panels are less efficient in places closer to the poles.