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Going solar

Is solar energy a prudent long-term investment that can mitigate your environmental impact? Undoubtedly. Both the Department of Energy and Leonardo DiCaprio endorse it. However, even a trendy choice like solar energy has its drawbacks. Let's examine the primary advantages and peculiarities of going solar.

The foremost benefit of solar panels is evident: by installing solar power in your home, you generate your own electricity, reduce reliance on the electric utility, and lower your monthly electric bill. A solar panel system typically lasts 25–30 years, ensuring decades of reduced electricity costs. Furthermore, the cost of solar is declining nationwide.

Another point to consider is the enhancement of your home's value. Recent studies indicate that property values rise after solar installations. Additionally, you can earn money while recouping your investment. Thanks to various appealing solar incentives in the U.S., solar panels can actually generate profits alongside bill savings that cover the system's cost.

Moreover, one must acknowledge the volatility of electricity prices and predict future utility rates. When comparing utility electricity costs with home solar, it's important to recognize that electricity rates are expected to increase annually. National electricity costs have risen by an average of 2.2% per year. Hence, solar energy provides an additional incentive: by generating your own energy through a rooftop system, you seize control over energy costs, freeing yourself from fluctuating utility rates.

Solar energy also reduces carbon emissions and promotes energy independence. As the world seeks cost-effective methods to curb our carbon footprint amidst global climate change, solar energy emerges as a trendy and commendable resource – a small victory that warrants Earth Day celebrations.

Nevertheless, it is crucial to note that solar energy may not be suitable for every roof type. Some older or historical homes have roofing materials that pose challenges for solar installers. Additionally, homes and apartment buildings with skylights or rooftop additions like roof decks can complicate or increase the cost of solar installation. However, these obstacles should not deter homeowners in the long run. If your home does not qualify for a rooftop solar system, alternative options exist: ground mounted solar panels or buying a share in a community solar garden can get you around this drawback of solar energy. Ultimately, the drawbacks of solar energy are limited.

After evaluating the pros and cons of solar energy, certain takeaways emerge. Rooftop solar panels may not be an ideal solution for everyone, and that's acceptable. Like any other home efficiency product, solar panels offer clear benefits to property owners seeking energy upgrades and reduced electricity bills. Not everyone falls into that category. Solar energy should be viewed as an investment – a low-risk investment with substantial returns, albeit a significant one.

As we progress towards clean energy, solar power remains our most affordable option. Our energy future becomes unequivocally clear when we strive to eliminate fossil fuels and transition to renewable sources. Solar energy stands as the most scalable and consumer-friendly solution.