7 Amazing Benefits of Solar Panels that You Might Not Know About

Climate change effects spread globally. People are increasingly conscious of this and are looking for ways to contribute towards environmental sustainability to mitigate these effects. There is a growing trend of consumers switching from traditional energy to renewable energy sources, particularly solar electricity generated from solar panels. 

Solar panels are devices whose photovoltaic cells convert the sun’s radiation to direct current (DC). The power inverters transform the DC into alternating current (AC) to produce solar electricity or heat, powering homes and businesses. Solar energy refers to clean, renewable energy that is freely available. 

The benefits of using solar panels far outweigh the risks and focus on financial and environmental impacts. Solar power systems help minimize carbon footprints, increase property value, and feature advanced technology to help you harness more from solar energy. Solar panels are flexible, durable, and offer a return on investment.  

Below are the benefits of installing solar panels. 

1. Durability  

With the technological advancements in the solar industry, manufacturers built modern solar panels to withstand various external elements enhancing their durability and longevity. Most solar panels have up to 25 years of warranty but last longer. The longevity of solar power systems depends on the quality of solar panels, inverters, the company involved, and its installation practice.   

Note that solar panels degrade each year, in terms of performance and function, by about one percent. The most advanced solar panels have a 0.3% to 0.4% degradation rate, meaning that by the lapse of the warranty period, their efficiency and performance will stand at 90%. 

To get highly durable solar panels, buy from a reputable brand with expertise in your area. For example, if you live in Melbourne, buy the best solar panels melbourne in your area.   

2. Reduce Carbon Footprint 

 Solar panels convert the sun’s radiation into clean, renewable energy for consumption, reducing the carbon footprint emission that adversely affects the environment. It offers a viable alternative to greenhouse gas and fossil fuels, the contributors to climate change.  

They are eco-friendly as they operate silently and take minimal space (you can install them on your house rooftop), compared to other renewable energy sources like wind turbines that produce noise pollution and require vast land for installation. Solar panels can harness sufficient sun energy and generate electricity powering households and businesses. 

3. Property Value Increase

Homes with installed solar power systems enjoy a higher property value as opposed to properties that do not have. In today’s environmentally conscious society, such homes will likely woo prospective buyers due to energy efficiency, sustainability, and eco-friendliness. They will be inclined to pay rates higher than the standard for homes. 

 Solar panels improve the aesthetics of homes through their sleek and visually appealing designs. Homes with solar power systems stand a chance to benefit from renewable energy incentives, especially in progressive countries. Other factors that contribute to the high value of such properties are the energy savings and the potential income from selling excess power from the grid.  

4. Return on Investment

You will incur a high upfront cost when installing solar panels, but the savings accrued later will far outweigh the initial cost. Solar energy is free, and you will get the most from the generated solar power depending on your intended use.  

Some light users of power may switch entirely to solar energy, and heavy users may partly rely on electricity generated from the grid, but whichever way, you will eliminate or reduce your monthly electricity bills.  

Did you know you can earn by exporting excess solar energy to the power grid? Many countries offer attractive incentives to solar panel owners, like solar feed-in tariffs and tax incentives, for selling extra solar energy to the grid. 

5. Low Maintenance Costs

You will also enjoy the low maintenance costs associated with solar panels. You only need to keep the solar power system in good shape by cleaning it a few times annually to remove dust and debris. This is unlike other renewable energy sources like wind turbines and hydroelectric dams that demand labor costs and material investment to maintain their operations. 

Most solar panel inverters take up to 10-15 years to require replacement, which may be the only significant maintenance cost after installation. You may also incur a one-off annual inspection that costs approximately 150 dollars for a qualified inspector.     

6. Advancing Solar Panel Technology 

There is an increase in advancements in solar panel technology to enhance the efficiency and performance of solar panels. Manufacturers of solar panels are incorporating SMART features into solar cells to boost solar panel performance. Some solar power systems feature panel optimizers that power panels individually, giving homeowners the flexibility to design their systems to suit their energy needs.  

Other power systems incorporate complete visibility and tracking systems allowing homeowners to track and monitor the performance of their solar panels on a real-time basis. You can also trace the temperature and output of each photovoltaic cell. The evolving solar technology boosts the accessibility and efficiency of solar power and revolutionizes how we generate and consume electricity. 

7. Flexibility 

Another benefit of solar panels is the ability to tailor the power systems to your energy needs. Solar manufacturers offer a wide range of solar panel products to serve a wide range of clients. You can install it on a small scale on residential premises or a large scale on commercial buildings like factories or to power a community set-up.  

You can choose solar energy to power during the day or buy an all-in-one system battery to store energy if you use it at night. Solar panel systems are flexible, allowing users to start small scale while providing room for expansion later. 

Conclusion 

Solar panels offer various benefits to users that revolve around financial, efficiency, and environmental outcomes. The benefits include reduced carbon footprint, property value increase, return on investment, low maintenance costs, durability, flexibility, and technological advancements in solar panels.