Are solar panels worth it? Maybe not

Well, it has to be known; we aren’t much of “solar panel experts” over here but given that we have an impeccable interest on the subject; like you, we had to look it up. We found a few goods points and wouldn’t mind sharing if you may. But hey!, It’s strictly our opinion.

Solar panels, from our perspective is the future; if not entirely, it should have a strong hold in the tracings of where the future might lead and what it’s attributes might hold. Hence, over the years and currently, we built this “utopian” like notion towards the concept of solar power and green energy. But, as you are also about to find out. We had to finally see if this was true and if this solar powering is truly worth it.

Having to know if solar panels and solar powering is worth your time led us to navigating three criteria. Namely;

  • Is it worth the cost
  • Is it worth it to you and your family
  • Is it worth it to your environment.

 

IS IT WORTH THE COST

Honestly, it depends.

Solar powered systems in most countries will command fairly sized initial costs, going towards purchase and installation, but if you are one solely focused on saving money and recuperating expended funds. I should confidently say that it might not be worth the monetary value. Why?

According to research;

With the high rate of electricity bills from current public and privatized suppliers, Getting a solar panel comes at a even higher rate due to the cost of purchase and cost of installation. Yeah, yeah, the supply gets essentially free afterwards with little cost for maintenance but to get a proper functioning and probably more lasting solar powering system; it could take from $15,000 – $40,000 in cost. Even more.

To an American, that’s 12 – 27 years before recuperating the spent monetary value, that’s without the possible cost of maintenance to be had every 3 – 7 years.

Some solar powering systems may cost way less, within $4,000 – $7,000. If they can somehow last beyond the cost recuperating period; then we might be on to something.

However, we’d suggest you understand the life expectancy of such systems, their possible maintenance, (even if they might be low). If calculated and the cost and efficiency matches your current rate. Then it might be taken into consideration.

 

 

IS IT WORTH IT TO YOU AND YOUR FAMILY

In this regards, we are all for solar powered generation; so Yes. It is worth it to the family. The concept of having a privatized power supplying unit grants a level of healthy individualism and self reliance. Something all families could find quite vital.

It also helps channel discipline, management skills and critical thinking. A little bit of an overkill here but you get the idea; and we aren’t wrong if you think about it.

 

 

IS IT WORTH IT TO THE ENVIRONMENT

A tricky subject, this one. The real impact of solar powered systs will come in  when it’s harnessed and streamlined enough to replace oil – consuming machines and mechanisms. It’s not there yet though.

Hence, as a replacement for hydro-powered electricity (and wind powered electricity); I’m afraid it’s may cause more harm than good. Solar powered electricity is a complex technology with complex components trying to utilize natural energy, precisely heat!, But we would argue that water is just as pure if not better.

The dispose of certain elements of solar powered mechanisms have also raised some questions claiming, since they aren’t ready to replace oil machines. Why induct them to replace hydro powered machines and cause more complex pollution. Essentially replacing something worse with something better. A good food for thought in our opinion.

 

 

 

STILL INTERESTED IN GETTING SOLAR PANELS?, HERE ARE FACTORS THAT MIGHT POSE AS PROBLEMS

Lack of space;

Solar powering systems utilize solar energy a.k.a Sun rays to power itself, however the energy dispersed from the sun, although infintely abundant, is quite weak or slow in accumulating, hence, even on the hottest day, it might take the solar powering mechanism a substantial amount of time to gain enough heat for power.

For this very reason is why, solar panels exist in excessive amounts, trying to collect as much solar energy (sun rays) as possible. This in turn will mean that these solar panels have to be spread across exposed areas for it to even power anything.

The lack of space within your home or preferred location will hinder your desire for solar powering mechanisms.

 

Unsuitable roofing;

To accommodate for the lack of space, people usually opt for solar panels to be spread across the roof of their homes. It is a suitable alternative;

  • If your roof is stable enough to maintain the weight (which isn’t much),
  • If your roof is wide enough to accommodate the amounts solar panels required,
  • If your roof is clear of major shades within the period of hot noon ( 11:00am – 4:00pm)

Any scenario against the aforementioned leaves your roof primarily unsuitable.

 

You reside in a rented space or you intend to sell;

Solar powering systems come typically at a high cost, two strong components of such cost includes  purchase and installation; hence, it is not of the tenant’s best interest to install such a system as it may create financial and legal complications.

If you’re intending to sell home you own, it is also not advisable, since similar complications might also be faced. We aren’t legal or financial professionals, but we suggest you induct them into your procedure of what you intend to do.

 

Geographic or Climatic factor;

Most countries have balanced climates; and a calculated period of which the sun shines the most. Living in areas with little to no sunlight either based on geographic location or Climatic deductions makes it unsuitable for installing solar powering systems. That would be like asking a fish to swim in an ocean of sand.

Windmills should be adequate alternatives within such regions.

 

Comparative low cost of electricity;

The whole premise of acquiring solar powering systems for most people, is to run energy at similar volumes or more at a low cost; or to less detrimental effect to the environment with more emphasis on the latter.

Now, we aren’t referring to the people who just want to have a privatized system that supplies their own power; however for those who only interests themselves with being more efficient and saving money?… If the cost of electrical supplies is far less than what you might spend in 7 -10 years, installing a solar powering systems!. It is advisable to maintain your original source of electricity.

 

Ineligibility to incentives;

To possibly facilitate or ease the induction of solar powering in our world, some government have a rebate system in place where excess power generated from individual homes can be redirected to one location for storage, of which they will pay you for. The rates are comparatively lower than your cost of production.

The lack of such incentives to anyone expending large amounts towards solar powering for the sole aim of reducing cost should be considered as it doesn’t exist in all countries yet.

 

Industrial poachers;

Given the steady rise and recognition of the solar powering market, predatory poachers and scammer will emerge laying claim to giving you the sweetest deals for the “most amazing prices”. As much as it is a possibility that some companies will genuinely try to give their best at affordable prices. You need to keep an eye out as sometimes it may be too good to be true.

Evaluate precursors, invest wisely, cautiously and accordingly but be careful.

 

 

CONCLUSION

As much as we love the idea of privatized power, the solar powering industry is far from providing the adequate proceedings to replace our current system. So here’s the advice, if you must use solar powering systems, use them as back up and maintain the main source of electrical supply. At least this way, you can buy cheap ones, which may last longer than expected if managed properly.

 

 

SOURCE / REFERENCES

Solarreviews.com/blog/dont-buy-solar-panels/

Moneysavingexpert.com/utilities/free-solar-panels/