Pros and cons of solar energy in Australia
If you’re considering installing solar panels on your home, this blog contains a wealth of information. This makes it simple in determining whether solar panels are beneficial to you. We, at “Ultimate Energy” have put together a comprehensive list highlighting the Pros and Cons of solar energy in Australia to assist you. Solar panels have, without a doubt, hit the mainstream during the last few decades. They have grown in popularity among households, businesses, and even governments.
- Why are they so popular?
- What makes solar panels so beneficial?
- Are solar panels worth the money?
- Are there any advantages & disadvantages of solar power energy?
In short, the answer is yes. Solar panels are well worth the investment and we will explain why.
Why are solar panels so popular?
Solar panels have grown in popularity among homeowners, businesses, and the agricultural industry in the last 20 years. People are interested in solar for various reasons and below are a few of them:
Money: One reason solar panels are so popular is money. Solar panels can help homeowners save a lot of money on their energy bills, if not eliminate them.
Environment: The second most common reason is environmental impacts. Solar panels are placed as part of an effort to deal with climate change. Solar panels can assist by creating clean energy, which can also be sold.
Government Incentives: Third, solar panels are gaining popularity as a result of government incentives. When the government offers to purchase back any surplus solar energy you produce, it is difficult to say no. Not to mention the significant reduction in the initial cost, an interest-free loan to further lower the cost.
What makes solar panels worth it?
- The sun shines more frequently in a country like Australia.
- We can make our electricity by gathering sunlight.
- Having an unending supply of UV light makes solar panels well worth the investment.
- The government gives loans and rebates to help lower the upfront costs, making solar accessible to all homeowners.
- The latest solar panel technology maximises the sun’s energy.
- This makes solar more cost-effective by allowing it to produce more power for longer.
- Companies like Ultimate Energy are leading solar technology.
What makes solar panels so beneficial?
Solar panels are widely used by the government and large organisations to provide clean, renewable energy. Solar panels allow businesses to reduce their operating costs and generate cash flow to reinvest in their operations.
Solar panels have become increasingly popular among households over the years. The reason being solar panels are used to produce energy at home. People are waking up to the numerous advantages of rooftop solar. It is fascinating to see how popular it has grown over time.
Let’s look at the advantages and disadvantages (pros and cons) of solar panels.
The Advantages of Solar Energy
Renewable energy source: It is available 24 hours a day. Solar energy, unlike certain other forms of energy, cannot be lost.
Reasonably priced: One of the most significant advantages of solar is the cost savings of electricity bills.
Water pollution is reduced: Solar panel manufacturing, like any other industrial process, requires the usage of water. However, the overall amount of water needed for solar energy is still way lower than that necessary for other energy sources that require water for cooling.
Solar power increases your property value: Solar technologies are unquestionably a long-term investment for homeowners. Each kilowatt of solar electricity installed increases a property’s entire resale value. This is because solar panels have a high initial investment and might be considered an excellent investment asset. The money you spend on solar panels will be reinvested in your home, and you may even see a significant return on investment. Learn more ways about increasing property value with Solar.
Durability and low maintenance: The majority of systems have a life expectancy of 20 years or more. Solar panels and equipment require little maintenance during this period. Ultimate Energy offers self-cleaning devices for solar panels, as dirt and dust can dramatically impair production. Additionally, solar energy technology is constantly developing, so solar panels of the same size as last year are much better today.
Environmental friendly: Solar energy is clean, renewable, and emission-free. Unlike other oils and coals, solar energy does not contribute to greenhouse gas emissions or fossil fuel consumption.
Power can be stored during the day and used at night: Solar systems allow you to store daytime power and use it at night. This would help homes that consume power mostly at night, like shops or schools. When you store power, you become grid-independent and rather than buying energy, you can use stored energy. This might save homeowners even more money. Investing in high-end solar panels maximizes the benefits of solar battery storage. High-end solar panels perform better and create more energy, allowing you to store more power faster. Read more: do solar panels work at night?
Excess energy can be sold to the grid: Excess energy can be sold to the grid for extra revenue. You are also delivering clean, renewable energy to your neighbourhood. This helps you and your community get cleaner energy from the sun. Some homeowners improve their systems to sell surplus energy back to the grid. The government offers excellent feed-in tariffs for homes to recoup any unused electricity. The tariffs frequently vary by state. The two primary rates are fixed and variable. These two tariffs determine the price per KW and help you pay off your system faster.
Return on Investment: Solar panels are an excellent investment that will pay for themselves over time. Although solar panels have a significant initial investment, the monthly savings on electricity costs will help pay for the system. It’s simple, if you save a lot of money on your energy bill, you may put that money towards the cost of your system. Savings on energy expenses continue even after the solar system is paid off. So, you are now getting a return on your solar panel investment.
The Disadvantages of Solar Energy
With the cost of power increasing by 3% to 5% per year, you may be investigating alternate energy sources like solar. However, before you go ahead and put a solar system on your home, there are a few significant downsides to consider. One of the popular disadvantages of solar energy is it requires a large installation area. Installing solar panels is not a big deal for homeowners, especially since they are usually installed on the roof.
Sunlight availability and location: Seasons have an impact on solar efficacy due to the earth’s orientation. The sun is closer to your location in summer, and you can generate more electricity than you need. During winter, the earth’s tilt pulls your location further from the sun, preventing you from producing enough electricity to meet your demands. Ultimate Energy calculates the exact direction and advanced installation features so your energy is still fulfilling in winter.
The upfront cost could be counted as a disadvantage: The cost of purchasing a solar system is relatively expensive at first. Solar panels, inverters, batteries, wiring, and installation are all included in this initial cost. However, the actual cost/investment will be recovered within approximately 3 years and the life of solar panels is approximately 25 years.
Another disadvantage of solar energy is expensive energy storage: In most circumstances, it is more cost-effective to use solar energy during the day and draw power from the grid at night-time. Fortunately, your energy need is generally higher during the day so solar energy can meet the majority of it. This is an excellent method for utilizing solar energy throughout the day, but it is also highly costly. Ultimate Energy provides you with net metering facilities and also guides you on the best solar batteries that save your investment cost.
Solar panels could damage the roof (if this counts as a disadvantage of solar power): Improper solar panel installation could result in roof gaps, allowing water to flow in and cause considerable damage to the home’s interiors and exteriors. To avoid this, make sure to conduct thorough research on installation businesses and check for the positive feedback.
Ultimate Energy provides you with the best solution and result. Our expert team can provide you with suitable energy solutions that will never impact or damage your roof or any resistance in the flow of water.
You now have the advantages and disadvantages of solar panels. Ultimate Energy believes that solar panels have more advantages than disadvantages. Our highly qualified and expert team can understand technical issues and convert them positively. You can contact us for any further query requirements.
Contact Ultimate Energy for consultation and installation of your own clean renewable solar energy panels, the Ultimate Energy solution.