Solar panels continue to be the leading renewable energy technology and as the interest in this particular technology continues to grow we thought it was essential that we provided a detailed yet clear list of the advantages and disadvantages of solar panels; in doing so we hope that you can make an informed decision.
Solar Panels Advantages:
- Earn a tax free income – Secured for a minimum of 25 years
- Possibly increase the value of your property
- Reduce your carbon footprint
- Reduce your energy bills
- Sell surplus energy to energy providers (a further tax free income)
- Solar panels provide a long term secure investment with a guaranteed return on investment (ROI)
- Increase the efficiency of your property
Solar Panels Disadvantages:
- Solar panels require an upfront cost
- Solar panels can’t function throughout the night
- The location of your solar panels has an effect on the performance of your system
- Planning permission for solar panels is required for properties that are listed of positioned in a conservation area.
- Long term ROI rather than short term
Although recent reductions in the feed in tariff price have occurred; the same advantages that were present before the reduction are still present now.
As I said, an in-depth yet clear list detailing the advantages and disadvantages of solar panels – please inform me if you think any advantages or disadvantages should be added.