We are all seeking more sustainable ways to live our lives and can make purchasing decisions on everything from food to electricity based on a product or company’s eco-credentials.
Solar panels are a great way to help reduce your carbon footprint, but what are the pros and cons of solar energy? Aside from reducing carbon emissions, solar panels will reduce your energy bills, increase your property value, helps protect you against rising energy costs, and you can even sell your unused electricity back to the national grid.
The downsides include high up-front costs, which might not be a wise investment if you’re about to move home, and they may not work on every roof. If you only have small electricity bills, you may not benefit from the returns on your investment for many years.
Let’s have a closer look at some of the advantages.
Solar improves the value of your home
The Department of Energy & Climate Change (DECC) found that energy-saving home improvements, such as solar panels, could increase property values by on average £16,000. Even if you’re planning on moving in the near future, you’ll earn back your solar panel investment and then some when you sell your home.
Independence Off The Grid
Solar panels will provide you with an independent source of electricity. The light from the sun cannot be monopolised or privatised, and the electricity generated belongs to you.
Reduces Electricity Bills
Your solar panels will contribute to some of your energy needs, which in turn will help reduce your energy bills. How much you will save will depend on the size of your solar panel system, and your energy usage.
Not only will you save on your electricity bill, but there is also a possibility to receive payments for the surplus energy that you export back to the grid if you generate more electricity than you use.
Switching to solar energy cuts your carbon footprint, as it is a green, renewable source of energy. Unlike traditional electricity generators, solar power does not release any harmful carbon dioxide or other pollutants.
Estimates also show that solar panels for homes could save around one tonne of CO2 per year, which comes to approximately 25 tonnes over its lifetime.
If you’re looking for solar panels in North London, talk to us today!