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What is the Advantage and Disadvantage of solar panel inverter efficiency

Jul. 15, 2024

Advantages & Disadvantages of Solar Energy

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While it has been widely criticised for being expensive or inefficient, solar energy has now proved to be extremely beneficial - not only for the environment but also for the private economy. It can save you lots of money on your energy bills and can increase your property value. But there's much more to it than that, so let's dive into the pros and cons of solar energy.

Did you know that the energy the sun provides to the earth for one hour could meet the global energy needs for one year? Undoubtedly, the sun is a powerful energy source , and even though we are not able to collect a fraction of this energy, harnessing this power by installing solar panels can make a significant difference to the planet.

&#; Slash your energy bills by installing solar panels &#; Reduce your carbon footprint with solar panels &#; Solar panels can increase your property value

What are the advantages and disadvantages?

Thanks to available solar panel grants, as well as, the increasingly competitive prices in the market, solar energy has become the main source of energy for more and more families. The technology has been drastically improved the last years and has been complemented by solar battery storage systems, turning solar into a significantly more efficient source of clean energy. However, solar battery prices are something worth thinking about.

However, there are always downsides no matter the energy source you choose to analyse. GreenMatch has outlined the key advantages and disadvantages of solar power in the following points:

What are the advantages of solar panels?

By choosing solar energy, homeowners can benefit from many advantages that solar energy offers, such as:

  • Cheaper electricity bills: Solar panels generate cost-free electricity, reducing overall energy costs.
  • Earn money back: Sell surplus energy to the grid for compensation through the Smart Export Guarantee (SEG).
  • Reduce carbon footprint: Sustainable energy reduces reliance on fossil fuels.
  • Year-round efficiency: Effective even in cloudy UK weather, especially with advancements in technology.
  • Low maintenance: Minimal upkeep required post-installation.
  • Independence from the grid: Generate your own electricity, reducing dependence on the grid.
  • Affordability: Solar panels are increasingly cost-effective.
  • Cost savings: Utilise solar energy to save money.
  • Grid independence: Keep your lights on during grid outages.
  • Increased home value: Installing solar energy can boost your property's value.
  • Climate versatility: Solar systems work well in various climates, including the UK.

1. Renewable energy source

Among all the benefits of solar panels, the most important thing is that solar energy is a truly renewable energy source. It can be harnessed in all areas of the world and is available every day. We cannot run out of solar energy, unlike some of the other sources of energy.

Solar energy will be accessible as long as we have the sun, therefore sunlight will be available to us for at least 5 billion years when according to scientists the sun is going to die.

2. Reduces electricity bills

Since you will be meeting some of your energy needs with the electricity your solar system has generated, your energy bills will drop. How much you save on your bill will be dependent on the size of the solar system and your electricity or heat usage. This can be found in our 'is it worth getting solar panels?' guide.

For example, if you are a business using commercial solar panels this switch can have huge benefits because the large system size can cover large chunks of your energy bills.

Moreover, not only will you be saving on the electricity bill, but there is also a possibility to receive payments for the surplus energy that you export back to the grid through the Smart Export Guarantee (SEG). If you generate more electricity than you use (considering that your solar panel system is connected to the grid). 

For more information, please visit OEM solar inverters manufacturer.

Additional reading:
How to Choose a 2 Inch Diaphragm Pump

3. Diverse applications

Solar energy can be used for diverse purposes. You can generate electricity (photovoltaics) or heat (solar thermal). Solar energy can be used to produce electricity in areas without access to the energy grid, to distil water in regions with limited clean water supplies and to power satellites in space.

Solar energy can also be integrated into the materials used for buildings. Not long ago Sharp introduced transparent solar energy windows.

4. Low maintenance costs

Solar energy systems generally don&#;t require a lot of maintenance. You only need to keep them relatively clean, so cleaning them a couple of times per year will do the job. If in doubt, you can always rely on specialised cleaning companies, which offer this service from around £25-£35.

Most reliable solar panel manufacturers offer 20-25 years warranty.

Also, as there are no moving parts, there is no wear and tear. The inverter is usually the only part that needs to be changed after 5-10 years because it is continuously working to convert solar energy into electricity and heat (solar PV vs. solar thermal). Apart from the inverter, the cables also need maintenance to ensure your solar power system runs at maximum efficiency.

So, after covering the initial cost of the solar system, you can expect very little spending on maintenance and repair work.

5. Technology development

Technology in the solar power industry is constantly advancing and improvements will intensify in the future. Innovations in quantum physics and nanotechnology can potentially increase the effectiveness of solar panels and double, or even triple, the electrical input of the solar power systems.

Don't want to wait any longer to reap all of these solar benefits? By opting for solar panels, you're not only reducing your energy costs, but you're also making a positive impact on the environment. GreenMatch can help you take the first step by securing the best quotes for your needs.

By filling out our form now you'll receive up to 4 free quotes from trusted local installers and begin your journey towards a brighter, more sustainable future in less than a minute. Say goodbye to hours spent vetting and requesting quotes from installers in your area.

This service is completely free and without obligation. Just click the button below.

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The Advantages and Disadvantages of Solar Energy

Advantages of Solar Energy

The more we can capture the benefits of solar energy, the less we will rely on fossil fuels. Adding a solar energy system to your home allows you to tap into these solar energy advantages:

1. Solar energy is a renewable energy source and reduces carbon emissions

Solar energy is a renewable energy source, meaning you don&#;t ever use it up. Solar energy is clean. It creates no carbon emissions or other heat-trapping &#;greenhouse&#; gases. It avoids the environmental damage associated with mining or drilling for fossil fuels. Furthermore, solar energy also uses little to no water, unlike power plants that generate electricity using steam turbines.

2. &#;&#;Solar energy can reduce your home&#;s electricity bill

A solar energy system for your home can reduce your reliance on the grid and help you save on your electricity bill. Some owners of residential solar energy systems may even have excess power that they can sell to the utility. Instead of paying a utility for electricity, homeowners get paid by the utility. You may not have to buy an entire solar energy system to cut your home&#;s electricity bill. Simply choose solar lights, lights that are powered by the sun instead of your home&#;s electrical system, to help save money.

3. Solar power can get you money back through Solar Renewable Energy Credits (SRECs)

Some states offer solar renewable energy certificates (SREC). Each one represents a megawatt-hour of electricity generated through solar energy. Electricity suppliers buy these certificates to satisfy their state&#;s Renewable Portfolio Standard, a requirement that a certain amount of their renewable energy come from solar. You can sell SRECs for your system's output, which is another way to earn money from your investment.

4. Homes with solar panels installed may improve home value

Home buyers will likely pay more for a house with solar panels installed. Considering solar energy pros and cons, the savings on electricity bills and the money earned selling power back to the utility, all count in the plus column. Residential solar energy systems are highly valued and can increase a home's resale value. The property value of a home with solar panels can be worth up to $15,000 more than its neighbors.

Solar systems are fairly easy to install and require very little maintenance. Both are handled by your solar provider, if you opt for a solar lease or power purchase agreement (PPA). Consider this as you ask yourself is solar energy worth it.

5. Solar panels have low maintenance costs

Solar panels are easy to maintain, as they have no moving parts that wear out over time. Just keep them clean and in good physical condition to keep them working properly. Between their low maintenance costs and average lifespan of 25 years, it can be easy to get your money&#;s worth when investing in solar panels.

6. Solar energy can generate electricity in any climate

Solar energy systems can generate electricity in any climate. One of the disadvantages of solar energy is that it&#;s subject to temporary weather disruption. Cloudy days reduce the amount of electricity you produce. Cold, however, doesn&#;t affect productivity. Snowfall can actually help your solar system, as the snow cleans the panels as it melts and sun reflected off the snow increases the amount of light hitting your panels. The result is more electricity production.

Are you interested in learning more about solar inverter capacity? Contact us today to secure an expert consultation!

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