Are Solar Panels Worth It?

You might have noticed that more and more households are opting to have solar panels installed to generate electricity from solar energy. This is because the government supports this shift to reusable energy and provides various government incentives for people to move towards solar energy and install solar panels in their houses or offices.

You might wonder if they are worth it for your home. Well, solar panels are always worth it for a whole host of reasons, and here we will explain the worth of solar energy and panels.


 

How Does a Solar Panel System Work?

Before we look at the worth of solar panels or installation of the solar system in your house or anywhere else, let us understand how the solar power system work.

Solar panels have specific cells in them called photovoltaic. When the solar power system faces sunlight, the photovoltaic cells collect the solar energy from the sun and change it into electrical chargers. In this process, the light or solar energy particles remove electrons from the atoms and create electric flow.

You can contact the team at Symons Energy for a better and clearer understanding of how solar power system work.

What Type of Current Does the Solar Power System Produce?

The electricity the solar system produces is a direct current. When you install a solar panel system, you must install an inverter because solar panels need an inverter to convert direct current to alternating current.

There are times when the solar panel system can store the electricity in solar batteries. The energy stored in the solar battery will be and can be used later in conditions when there is no sunlight.

Are Solar Panel Systems Worth It?

Installing a solar system in your house, field, or workplace is definitely worth it. Many benefits come when you install solar panels. Installing a solar system is worth it under certain situations and circumstances. Only some people who set up solar panel systems can benefit from the worth of solar panels.


 

When Is a Solar System Worth It?

As mentioned above that, there are a few individual circumstances and situations that you should consider while contacting a solar panels service provider. It will only be helpful if you consider the following conditions because you might not be able to benefit from the solar panels worth that you have paid for.

The Area

The location of your house or where you want to install your solar panels is critical. Sunlight is essential for solar panels to work. There should be enough sunlight. If the place you are situated receives ample sunlight, installing a good solar power system will be helpful.

An ideal location will be a place with enough or excess solar power for the solar panels installed to work well. No obstructions, such as trees or buildings, should block the sun’s rays. The roof angle should also be considered while investing in solar panels.

If you have ample sunlight in your region but are unsure about the roof orientation at your place, you can contact Symons Energy to clarify your doubts.


 

During Uncertain Situations

If you are in a region with enough sunlight, solar power will be worth it for you during uncertain situations such as storms, power outages, or rains. The energy in the battery storage will help you ventilate your house.

Once the storm or the rain passes by, the batteries will charge again.


 

Electricity Bills

The primary purpose of installing solar panels is to save money that goes into electricity bills. Investing in installing solar panels will be worth it when you have high power bills.

To begin with, assess your current energy bills, and if you do not have all the bills related to your electricity consumption, then you can check your latest power bill. If the overall cost of your energy bill is high, then solar installation will be worth it for you.

If your power bill indicates that you consume less than 500 kWh, installing solar panels may not benefit you.

Solar energy will produce a lot more electricity than you can imagine. You can save up a lot on energy costs with solar power.


 

Incentives

States are looking for more sustainable methods of energy procurement. They are offering incentives to residents to encourage them to install solar energy systems.

The benefit of these incentives is that they reduce residents’ cost burden. The installation cost can sometimes cost more than your budget, and these incentives will help decrease the overall cost.

Many states are offering incentives through different methods. For example, they offer credits, sales tax exemptions, returning credits on power bills, or rebates. The incentives differ between states and countries.

Check whether the state you are in offers these incentives so that the purchase of solar panels is worth it.


 

Increase in House Value

The installation cost might be high, but your house value will increase when you install them. If or when you plan on selling your house, you can sell it at a high and profitable rate.

At what rate the value will increase does depend on the size of the system, but its value will increase.

You should also remember that solar panels are worth it only when you invest in a good system. Purchasing cheap solar systems can save money, but it will not be beneficial in the long run. Cheap solar systems are not efficient, and they have a low wattage.

Friendly to the Planet

The most important point regarding why solar panels are worth it is that they help save our beloved planet. Installation costs can be high, but installing them can be worth the money and environment friendly.

With a solar array, you save water. There will be less water usage as these panels do not need water to function, unlike other forms of electricity. It helps in reducing carbon footprint and slowing down climate change. Climate change is happening rapidly, which is harmful to us and the planet.

There will be less pollution, and the usage of fossil fuels will also reduce.

You Must Remember These!

You must remember these points before you purchase the panels. Installing this electricity grid in your household will help you and the planet. Looking at the solar panel prices, do not be scared to invest in them. It is a worthy and long-term investment.


 

Final Words

At any point in time, producing electricity through solar power will always be beneficial.

If you have considered all the situations and think it is worth it, then you must go ahead and make the purchase. It is a long-term investment and will be beneficial for you.

You can contact us at Symons Energy (1300 764 162) and get your electricity grid installed. We will be there to help you with all your queries.

Author : Kosta Symons

Published Date : December, 9 2022

At Symons, we only install panels and batteries we know you will love. Get to learn more about installing solar panels in our blog. Read More.