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Are Solar Panels Worth It?

Niharika Arya
We know the advantages of solar energy but still wonder, are solar panels really worth it? Well then, let us discuss the pros and cons of solar panels, which will help you to decide whether you should install this unlimited and green energy source.
One of green energy sources is the sun. The energy from the sun is known as solar energy which can be stored in the solar panels and can be used as electricity.
There are many people who want to join hands in saving earth but the most basic question that comes in their mind is, 'are solar panels worth it?'. Following details will help you to understand the efficiency and value of installing solar panel in your house.

Cost Affecting Factors

There are many factors which affect the cost of solar panels, so the question 'are solar panel cost-effective' is totally based on the following factors. You can use the solar energy and go green but to get effective performance, you need to follow some criteria. Following are some of the factors on which installation and working of a solar panel depends.

Level of Sunlight

Sunlight is the greatest factor which affects the solar panel. If you are staying in an area where you get ample of sunlight throughout the year, then the solar panel can be of great use. But if you get sunlight just for few days, like in Seattle, then solar panel will be of no use. Here you may have to install many solar panels to fulfill the necessity.

How Big is Your House

A solar panel for a small or normal house would typically cost around $15,000 - $29,000, though, it highly depends on solar energy system size. On the low end, you can even buy it anywhere around $300 - $9,000. On the high end, it can go up to $40,000.

Government Grant

 If you are among the lucky people who are getting help from the government to install solar panel in the house, then there is nothing better than this.

Improved Technology

Solar panels have become efficient and cost-effective day by day. The new technology has helped to increase the life of the cells and their efficiency to perform better even after many years. You can also get lots of options in the market which can help you to make a choice according to your budget.

Pros and Cons of Solar Panels

Solar energy is non-renewable and is considered to be the safest and purest form of energy. It is very beneficial but due to its high cost, people get confused about its benefits. Let's find out the pros and cons of solar panels, which will help you to make decision on whether to use it or not.

Pros of Solar Panels

● As we all know that solar energy is produced by sun and hence it is free. You can use as much energy as you can with the help of solar panels and there will be no charges for it.

● Once you have installed the panels, you don't need to worry about it. They require very less maintenance and work very efficiently.
● It is efficient in giving 90% output even after 20 years. This shows its long life and effectiveness.

● As it works on its own and if once installed can be used for more than 20 years, you don't need to waste your money in paying electricity bills.

Cons of Solar Panels

● Depending upon the size of your house, you need to do the installation. If you have a big house then you need to invest a lot to fulfill the overall requirement of electricity.

● Solar energy is time restricted as it will help you only at day time. For night you need to have storage batteries which in turn will increase the cost.
● Although they have a long life but still you have to replace them after 20 to 30 years. This will not be restricted to just one panel but you need to replace the whole lot which will require again the same or more amount of money.
Use solar power for homes to make your home pollution free with green energy. Although it will need some money but will be safe not only for you but for the existence of life on earth. So, go green and save earth.