Are PV Solar Panels Practical For Homeowners?
More and more people are installing PV solar panels on their roofs. Rising costs of power and a global push for people to move to renewable sources of energy are the main proponents of this shift to solar power. However, solar panels are still largely misunderstood by many homeowners, who donât believe that solar power is a practical solution to their energy problems.
While there are many who see solar power as the future of energy, there are still many sceptics who are yet to be convinced. PV solar panels are an excellent way to cut both your energy bills and your carbon footprint. Taking some time to educate yourself on the benefits of solar panels can help to address any questions or doubts you may have and allow you to make an informed decision based on facts.
There are numerous misconceptions regarding solar panels that you might come across during your investigations and research. We are going to highlight some of these misconceptions below so that you can confidently assess whether PV solar panels are a practical solution for you.
1). PV Solar Panels Will Have To Be Replaced In A Few Years
It is a common belief that solar panels do not last very long. Some people say that they last only a few years, meaning they are not able to regain the cost of installation and purchase. This is false!
Most solar panel manufacturers now offer products with a guarantee of at least 20 years of power output. The solar panels will deliver at least 80 per cent of the original power output for the entire duration of their lifespan. Such a guarantee means you can confidently invest in solar panels knowing that they will meet your long-term energy needs. PV solar panels will almost always offer a positive return on investment.
2). No Point Of Installing Solar Panels If Thereâs A Chance Youâll Move In A Few Years
Solar panels are an investment that can benefit homeowners in numerous ways. If a homeowner intends to keep their home fitted with solar panels, they can benefit from reducing energy and power bills. In the prevailing real estate market, buyers may be attracted by the prospects of paying lower energy bills as opposed to purchasing a similar home without panels.
Solar panels, therefore, increase the value of a property and make it more attractive to potential buyers. So, you should not forego the chance of benefiting from solar power simply because you may move or relocate in a few years.
3). Solar Panels Are Only Worth Installing On Properties With Large Roof Space
Some people may argue that PV solar panels are not practical for residential properties due to the small roof area on most homes. However, due to the long lifespan of solar panels, even a small roof can have a positive return of investment over the lifetime of the panels. Even if you choose to install just a few solar panels, they could be sufficient to power to cut a huge component of your energy bill, for instance, electric underfloor heating or heating water.
4). Solar Panels Are Too Costly To Be Practical
Solar panel prices have dropped tremendously in the past few years thanks to government subsidies and lower costs of production. Now is the best time to make an investment in solar power because solar panels prices are currently at rock bottom.
5). Thereâs Not Enough Sun Where I Live
This is a very common misconception that solar experts have repeatedly debunked, yet it still tends to come up time and again. While solar panels have a higher production capacity in sunnier places, PV solar panels are still able to absorb ambient light on cloudy days.
If you are looking for a trusted local solar company in Hervey Bay, please contact us today at GCR Electrical Systems on (07) 4120 7004 or leave an enquiry if you would like more information about our solar installation services.
