Solar panels are seeing a huge surge in uptake, with around a million roofs of UK homes now being adorned with them. One of the main reasons for this surge is the interest in renewable energy and climate change. Before you decide to go solar, take time to check out the main advantages and disadvantages as discussed below.
The Advantages of Solar Panels
There is no doubt that one of the biggest advantages of solar panels is the potential to save money on your energy bills, something that is highly attractive when consider alongside the increased cost of living. According to the Energy Saving Trust, most solar panel owners can make savings of between £250 to £600 a year, location-dependent, and will be able to sell any unused energy back to the grid for other users.
Another potential advantage is the ability to sell any unused energy back to the grid via the Smart Export Guarantee (SEG). The SEG allows suppliers to buy any unused energy direct from solar panel owners in return for a cash payment. This not only helps your finances but also supports the demand for renewable energy and lower carbon footprints.
Finally, the other main benefit of installing solar panels is that it is a no-fuss solution that will not need excessive maintenance, nor will it make any noise when they are in use. Plus, most installers offer a 25-year guarantee on all the panels in case of any issues.
The Disadvantages of Solar Panels
Despite offering so many benefits, there are disadvantages that you will need to consider before forging ahead with solar panel installation. The first one is the initial cost of the system that you will need to invest in to get your solar panels up and running. Most homes can expect to pay over £6500 for solar panels even with the ongoing drop in prices as they become more popular.
Next, you will need to be realistic about the amount of energy your solar panels will create with the British weather. Solar panels are always going to work better on bright sunny days, meaning that your production will slow on cloudy days and through the winter and produce less energy for you to send back to the grid.
Finally, solar panels are not suitable for every home, and you may find that your roof does not face the right way or have the right angle to accommodate the panels. Even if you do have the right roof, your solar panels will take up lots of space, so you will need to work out if your roof is big enough to offer the supply that you need.
Solar Panels – a Summary
Getting to grips with all the pros and cons can be daunting, so we have summarised them below for quick reference:
|Offers a genuine saving on energy bills
|Takes a long time to make any money back
|Reduce your carbon footprint
|Can be expensive to install
|Simple to maintain
|Hard to move once installed
|Range of financial support options
|Weather can reduce performance
|Several types of panels to choose between
|Can look unattractive
|Make cash from the energy you do not use
|Needs lots of space
|Noiseless once installed
|Not suitable for all roofs
If you are keen to proceed with solar panel installation, then take the time to search for the best deals and check out all the financial support packages that may be open to you as this will help you get the best return on your investment for years to come.