Advantages of solar initiatives are that these investments return more money to your wallet than they initially cost. There are both disadvantages and advantages of solar energy.
Here Are Some Major Advantages Of Solar
There are advantages of solar and negative aspects as well. I’ll get to disadvantages of solar energy later, but let’s acknowledge that using solar power has a lot of positives.
The positive aspects of solar energy include it being:
- An abundant limitless source,
- Widely distributed and totally free,
- Reliable operation,
- Creates no emissions, noise or pollution,
- Effective economic response for remote locations,
- Reduces dependence on fossil fuels,
- A widely accepted technology,
- Low Operating and maintenance costs,
- Power savings from self generated electricity,
- Selling excess power with feed-in tariff arrangements,
- Capital cost advantages of solar and installation prices are falling,
- System components have long warranties,
- Transportation of its fuel not required, and
- Politically supported by most governments.
Financial Advantages Of Solar Power
Most things that save or generate money create at least some level of interest. You may pique that interest knowing there is no such thing as a free lunch. Consistent financial savings are among the advantages of solar and repeatedly it’s a motivator for installing a solar PV system. You get satisfaction from powering your home with solar electricity you’ve generated from free sunshine instead of purchasing grid electricity.
Size your solar PV system to match your home consumption and optimise the investment payback periods. Utilising the highest percentage of the electricity your solar system generates will often save you the most money. This means do your financial analysis to know if better returns come from solar panel with storage or without batteries.
Don’t rely on the Utility feed-in tariff that’s disbursed for excess solar electricity you export to the grid. Make your calculations for capital repayment of the solar system and payback period on the savings. Electricity prices differ from state to state and whatever electricity your panels will reduce your bill. The tariff offset will reduce it even further.
Environmental Advantages Of Solar Power
The contemporary electrical power production method in remote areas has been to use diesel generators. Solar power options provide a great economic response for producing electricity that needed at remote locations. The remote location environment benefits from installing a mini grid or distributed power grid for power to a community. There are significant financial and environmental costs with avoiding long transmission lines into a wilderness area.
Solar energy is especially appropriate for peer-to-peer energy sales across smart energy networks. In a remote distributed power grid the future for power generation could be distributed around among the networks.
Construction and maintaining solar in remote areas provide a spreading of green jobs. Having people living near the source of power generation means reducing carbon footprints of construction and electrical maintenance even further. A distributed solar power mini grid system allows communities to become self-sufficient with lower exposure to ever-increasing energy costs.
Solar electricity can be produced locally where it is needed so long-distance fuel transportation is only required for the set-up. After construction of the solar power station the requirement of transported fuel lessens into commuter vehicle uses. Those advantages of solar energy generate considerable savings for electrical energy production costs. The construction therefore reduces the community’s dependence on fossil fuels for electricity production.
More Advantages Of Solar Power
The advantages of solar thermal type systems that heat water using radiant solar energy are reducing. Solar photovoltaic systems generate electricity that is used for heating while solar thermal systems directly heat the water.
Both solar thermal and PV systems require daylight to work. On those days when clouds cover the sun the local sunlight is not as intense. You need sunlight to create PV energy, albeit the efficiency of the solar PV array will be lower when it’s overcast or raining.
Solar energy arrives continuously from a limitless source from nature. The earth spins daily so sunlight is available across the whole planet for half of each day. Therefore it’s free, abundant and widely distributed across that half of the earth’s surface facing the sun.
Electricity sourced from renewable solar energy leaves no carbon footprint. Solar PV panels provide an environmentally clean way to generate electricity. No greenhouse emissions or pollutants are produced while making electricity from solar PV panels. Also solar makes no by-products or noise while generating electricity. Using renewable energy instead of fossil fuels will help the environment and ensure the world’s fossil fuel reserves last longer.
Advantages Of Solar Electricity Price Falling
Annual increases are expected for electricity prices across most of the country report. Price rises may be due to the closures of the old ‘cheaper’ sources of electricity arriving from coal-fired power stations. Installing a roof solar PV system can seriously reduce the amount of energy you’ll have to buy from the grid.
There are alternative renewable energy sources available to utilities including wind and hydropower. However, for the average homeowner, solar is a more easily accessible and affordable self-generation electricity option. You can reduce your electric bills over the long term by investing in solar energy.
The prices for solar photovoltaic panels have been falling in the past years. In places oversupply of Chinese solar panels and anticipation of price drops means they are expected to drop even further.
Solar PV panels are the renewable energy system of choice. Some level of government subsidy plus retailers providing financial incentives for PV panels make solar energy an attractive investment.
Utilities provide a varied range feed-in tariffs that generate some level of income with the savings made from electricity. Retailers are providing solar finance incentive funding options that sell the benefits arising from installing solar renewable electricity.
Affordable And Accessible Solar
Governments encourage homeowners to install renewable energy sources like solar power. The sliding scale for feed-in tariff prices makes earlier installation of solar PV systems attractive to home and business owners.
Incentives increase the amount of solar power being made available in the grid to be utilized. However, that also means Utilities must balance the input to the grid with load adjustment of power from their generators.
Solar energy is one of the most widely accepted renewable power technologies available. Residential rooftop solar panels are easy to install without much interference to the domestic lifestyle.
The lower price of solar panels makes an entire renewable solar energy system affordable. Often the existence of elevated solar energy in hot summer months coincides with the higher energy demand needed for cooling. Solar PV panels can provide an effective energy solution for such high demand peaks.
This is particularly relevant for remote areas where electricity infrastructure limits access to electricity. Newly constructed solar stations with distributed power grids providing solar electricity to small remote communities within a relatively short time.
Operating and maintenance costs for fixed PV panels are low compared with costs of renewable energy systems like wind turbines. PV panels attached to sun-tracking bases require maintenance for the mechanical parts.
The Solar PV system has no moving parts so require very little maintenance. Most solar panels have a guaranteed production life of 25 years and last 40 years. Solar PV systems are solid-state silent operators so they are ideal for close built residential urban areas.
When investing in renewable energy ensure you are buying quality panels and have an annual competent aftercare service undertaken. Your most regular maintenance task will be cleaning the panels. The solar PV modules are extremely reliable and they have long warranties, most being around 20 years.
Disadvantages of Solar
There will be some disadvantages to solar powered installations. You will need some space for your solar PV panels. If you live in a group housing townhouse you will need agreement from the other owners to install the panels. The panel will need to be oriented and elevated for the sun. Not all roof areas will be suited for PV solar applications. It is not a case of the more roof areas covered with panels the greater the electricity generated.
Solar PV panels may not be viable if your home or business roof isn’t predominantly facing the sunlight. When the location of nearby taller buildings and trees provide shade during the day the PV output efficiency falls.
No power is produced at night and during daytime there may be cloudy or rainy weather reducing production. A continuous off-grid electric power supply from photovoltaic panels requires solar storage batteries, which increases the investment cost beyond PV panels.
Solar PV panels are relatively fragile and can be damaged relatively easily. Care is therefore important to safeguard a PV investment during installation, maintenance and roof inspections.
When you’re looking to purchase solar components you will undoubtedly consider and evaluate their negative and positive aspects. After you’ve installed the solar system, regulator, inverter, batteries and so on, remember to check and monitor performance warranties.