Solar panels are becoming increasingly popular in many households and businesses with more and more people switching to the cleaner way of generating electricity. These solar panels work by converting sunshine into electricity, which can be used to power most applications in the house.
The generated energy can be stored in backup batteries to be used at night. Any excess energy generated during the daytime can be injected back into the grid, earning you reasonable premium tariff for each kWh generated. Although you might have several options on where to have the panels installed, it would be advisable to consider rooftop solar panels.
Having solar panels installed on the roof increases their exposure to sunlight while minimizing obstructions increasing its efficiency. Outlined below are some of the reasons and benefits of investing in rooftop solar panels.
Lower Electricity Bills
With the solar panels installed on the roof, they should generate enough electricity to power most applications in the home or business during the day. This means you will see at least a 70% reduction in electricity consumption from the main grid. This is, of course, assuming you are still connected to the grid. The best thing with this is that you can dedicate the most basic applications to use solar, while only heavy-duty applications remain connected to the grid.
Return on Investment
Unlike other investments, you are guaranteed higher returns once the solar plant is installed. While it may take some time for the solar system to pay for itself, it is just a matter of time before you start using free energy.
Most solar panels have a warranty period of around 25 years before their efficiency starts to decline. Depending on the size of the solar system, your investment should have broken even within four years of purchase. With electricity bills hitting record highs, you won’t have to worry about such bills once the system is set up.
Increased Exposure to Sunlight
As a rule of thumb, solar panels will generate more energy when exposed to sunlight. That said, investing in rooftop solar panels ensures optimal sunlight exposure. This means the panels will be producing energy optimally which results in lots of free energy to use. Any extra energy generated is pushed into the grid system, earning you valuable points which can be redeemed whenever you switch to grid power.
They Are Eco-Friendly
Solar panels work by converting light energy into electricity. It is one of the cleanest ways of generating electricity without depending on fossil fuels. In addition to this, solar energy is 100% renewable as the solar panels will continue generating energy when the sun rises. As an added advantage, your home or business continues to have electricity even after there’s a power blackout. You don’t even have to use a gasoline-powered generator to get electricity.
Improves Property Value
Having a solar plant installed in your property automatically increases its market value significantly. Homes with rooftop solar panels (in the same neighborhood) cost much more than those without. For this reason, investing in a solar system is one of the best investments you ever made.
Be sure to conduct your due diligence to determine if your roof will support these solar panels. Factors such as price, quality, and condition of your roof should be considered when making the switch.