Pros and cons of Solar Energy
If you are considering an installation of solar panels, there are several ways to inform us of the advantages and disadvantages that this implies, either through the multiple articles that can be found on the network or by contacting a professional directly. But, to be able to make the right decision, we must be able to distinguish between the true pros and cons of solar energy and the myths that we often find in the media.
Is solar energy a smart investment in the medium-long term to reduce our carbon footprint? Absolutely yes. But even something so beneficial can have disadvantages, and in this post, we will treat both the pros and the cons of this technology.
The 5 main benefits
Drastically reduces or completely eliminates bills of light
This great benefit is quite simple: when we carry out an installation of solar panels, we generate our own green electricity, we become less dependent on the electricity companies and we reduce the monthly electricity bill. An installation of solar panels usually has a useful life of 25-30 years, which means that we can reduce electricity costs for decades
Increase the value of our home
Thousands of owners in Spain are interested in electric self-consumption but have not yet taken the necessary time to find out what is required to take advantage of it. The undeniable benefits of having an installation of solar panels are complemented by recent studies that indicate that the value of the property increases after installing solar panels. Therefore, this advantage can make the investment profitable even if we are thinking of selling our house in the short-medium term.
Take advantage of the grants and incentives available to you
Although the legislative context is not ideal, there are multiple measures to promote renewable energies by public administrations, which can make our investment much more profitable.
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It protects us against the continuous rises in the price of light
We all fear to face the light bill because, in most cases, there is nothing we can do to control it. While the cost of solar technology has decreased by more than 70% in the last decade, the price of electricity has increased by around 80%, and that upward trend is expected to continue.
Reduce carbon emissions and help move towards energy independence
Perhaps the most admirable and patriotic advantage of photovoltaic energy is the fact that it benefits our environment while simultaneously helping our country make the necessary transition away from fossil fuels. In the search for energy solutions to help our country reduce global emissions, Spain must also opt for energy independence to stop relying on fossil fuel producing countries. As the world seeks the most profitable ways to reduce our carbon production in the face of climate change, photovoltaic energy has become a fundamental resource on its own merits.
The 5 main cons
Cannot be installed on all covers
The solar panels are installed by means of structures that are fixed to the roof or to the ground. Many houses and residential buildings have elements on the roof that can make the installation process difficult or expensive. However, this should not be a barrier to the mass adoption of self-consumption in Spain. If our house is not suitable for a solar installation on the roof, we still have options such as installing on the ground or opting for shared self-consumption that is still to be exploited in our country.
It is not ideal if you are about to sell your house
Solar energy is a good financial investment, but it may take some time to recover the initial investment. The average period in Spain is around five and a half years. For an owner who plans to sell his house in the next few years, putting solar panels on his roof might seem like a bad idea, but as we’ve seen before, having such a facility can revalue our property.
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The less we spend on light, the less we save
The main benefit of photovoltaic energy is that it will reduce the electricity supplied by energy marketers and save us money every month. However, for a person with a low expenditure on light is not as attractive as for someone with a high consumption.
The initial costs can be intimidating
The disadvantage here is clear: not everyone has the money to make an investment of this size. That said, there are a number of financing options so that everyone can enjoy its benefits
Evaluating your options and finding quality installers can be tricky
Photovoltaic is one of the fastest growing markets in the world, and there are a lot of companies that are using aggressive sales tactics to get their share of the market. As a result, for many people, buying solar-powered facilities can be a stressful and confusing scenario. Fortunately, there are easier ways to switch to solar self-consumption, which gives people control over the situation.
After reviewing our comparison of the pros and cons, here are some key points:
A solar panel installation is not the perfect solution for everyone, but that’s fine. Like any other technology, solar panels provide clear benefits to people who need energy improvements and seek to reduce their electricity bill, but not everyone fits that description.
Solar energy should be seen as an investment: a low-risk investment with important returns, but an important investment.
The world is moving towards green energy, and solar is our cheapest option. The European Union is in a clear transition towards renewable energies and away from fossil fuels. Photovoltaic energy is the most profitable and feasible solution for the consumer.