Solar Panels: My Experience with Them and Why I Recommend Them
A couple of years back, one of my friends installed solar panels in his home. As I remember his service provider was Euro Solar Global. You can check Euro Solar LinkedIn profile for a quick peak of the company. It sparked my interest, and I started researching about solar panels to see if investing in them was a good idea. To be honest, I had been considering converting to solar energy for a while by then, but never actually took the plunge. But when my friend did it, I thought it was time for me to make the change as well.
Over the years, with scientists and environmentalists warning us about the adverse effects of climate change and the immediate need to reverse the damage done to our planet, I have been trying to live a greener, cleaner life. From recycling extensively to using my bicycle instead of the car whenever possible, I’ve been committed to doing my bit for our planet. So moving from conventional power to solar was the next course of action in my bid for greener living.
From my personal experience, I’ve compiled a list of benefits and points to consider, for those of you thinking about going solar.
Deciding on The Size of The Investment
The first thing to consider is the size of the solar panel. It depends on your personal use of electricity. A good place to start is to look at your past electricity bills to get a clear idea of how much power your household consumes in a month on average. Once you have this figure, you can then decide on how much solar energy you’ll need to not only minimise or eradicate your dependency on conventionally generated power, but also to get a good return on your investment.
Will Your Roof Support Solar Panels?
Another important point to consider is whether your roof will support solar panels. Is it structurally sound? Does it provide you with ample sunlight? While it’s true that your solar panel provider will do a site survey before the installation, it is always a good idea to do an initial review yourself to determine whether your roof is in good condition to support solar panels.
Rebates and Feed-In Tariffs
As far as cost is concerned, find out if your state offers any rebates or other incentives for going solar. Rebates can bring the cost down and make solar investment an even more attractive and viable prospect. And of course, you need to find out how many ways of feed-in tariff pay you. After all, that is how you’ll be getting a return on your investment over the years. There has been a steady drop in solar panel rates which, coupled with any rebates offered by the government, has made solar panels a much more affordable system.
Value Addition for Your Property
One of the hidden benefits of installing solar panels is that it helps add value to your property. Research shows that properties with solar panels tend to sell or rent faster and at a much higher rate than those that do not have solar panels. Buyers and people looking to rent houses are attracted by the possibility of lower electricity bills. So if you are looking for ways to add value to your property, forget hardwood floors or renovating the bathrooms and just install solar panels instead.
Before taking the plunge, be sure to do your research. The initial cost can be quite a chunk, so it makes sense to do your research and find a reputable and trustworthy solar power company. Solar panels typically come with a warranty of twenty to twenty-five years. Since it is a long-term investment, it becomes imperative for you to consider its efficiency over time. Will the panels work just as efficiently after five or ten years of use? Knowing what to expect will give you a clear idea of where you stand as far as solar panels are considered and how to get the best ROI. Talk to solar power companies and get bids, talk to friends who’ve installed solar panels and get their take on it. Do your research to make sure that you pick the best provider and don’t end up with a bad system that eats up your money while providing little returns.
One of the biggest advantages of solar panels is its easy maintenance. Once installed, there’s hardly any follow-up maintenance involved. It means that you don’t have to pay for regular maintenance or tune-ups like you do for your car. Another noteworthy point is that solar panels have no moving parts. So, there is no noise generated while it operates. A silent, maintenance-free power generation system is a very chilling prospect for potential solar panel owners to consider.
One thing to keep in mind that it might take anywhere between seven to ten years to get back the money spent on a solar power system. This wide range is affected by factors such as the size of your system, the amount of energy consumed by your household, and the feed-in tariff rates offered in your state. So, considering all these factors will help you to come up with the most viable system for your house.
I’m in my second year of solar panels, and I’ve got to say that I’m very impressed with the system so far. There has been no maintenance issues or other complications with the system, and I have managed to cut my electricity bills in half. Apart from that, I also live with the knowledge that I’m doing my bit for the environment by reducing CO2 emissions and investing in cleaner, greener living. I have no regrets about investing in solar panels. In fact, in an unpredictable financial market where your money is at great risk no matter how ‘’safe’’ an investment is touted to be, I feel that solar panels are a much better investment and a great place to put your money. You will get good ROI and know that you’re contributing to a greater good as well.