Benefits & Return on Investment

Check out this video and learn about the advantages and disadvantages of solar electricity in under 5 minutes:

Some of the benefits of solar energy include the fact that it is entirely renewable and unlimited, produces low emissions, is economical and provides jobs. Like all forms of energy, it has benefits and drawbacks.

Most solar power is harnessed with solar panels that use semi-conductors to convert the collected energy into electricity. One of the main benefits is reduced or non-existent electricity bills. In addition, solar water heaters have replaced traditional water heaters in many homes. Other benefits of solar energy include their low maintenance design, near-silent operation, low impact on the ecosystem and the ability to power homes in far-off areas.

Solar power does have some disadvantages as well. Solar energy does not work at night and can become less potent on cloudy days. Luckily, there are a few ways to store solar energy for use at when the sun isn’t out. The easiest way is with large batteries. These batteries are usually 75-100% of the cost of the solar panels themselves. Also, while solar energy costs significantly less once a home system is set up, the initial cost of the panels and wiring is high.

Homeowners who install solar panels on their home can also take advantage of government tax credits. Some states offer substantial credits and incentives for homes and businesses that use solar energy and reduce their dependence on electrical power from the state. These credits help deflect the cost of the initial purchase of a solar power system.