Should you invest in solar panels on your property- a debate

  • 3 weeks ago
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FOR
1.
Renewable Energy Source
The big benefit, and the most obvious one, is
that solar panels are good for the environment.
Due to their carbon-busting technology, the
average residential solar PV system in the UK
saves 1.3-1.6 tonnes of carbon dioxide from
entering the atmosphere annually. So an
investment in solar energy is an investment for
the planet!

2. Financially beneficial long term. The addition of solar panels to your home is not only environmentally positive but also financially positive. In the long term, they will pay back after approximately 10 years- whereby after you will make profit from them. An added bonus is that installing a solar panel system in a household causes a rise in the value of the property. So, they are a great long term investment. 

AGAINST

1. Initial Cost The initial cost of solar panels can be fairly expensive investment, with it ranging from £1,500 for a small 1 kW system to over £20,000 for a bigger 6 kWh solar system. However, the cost of solar panels has continuously declined over the years, and is predicted to continue to do so. Moreover, whilst the initial cost may be daunting, it is important to recognise that there is no further costs, and with a lifespan of 25 to 40 years it seems like a no- brainer.

2. Weather Dependant Although solar energy can still be collected during cloudy and rainy days, the efficiency of the solar system drops. So it is important to recognise that energy supply will not be consistent, especially in rainy England! 3. An Eyesore? There is a common misconception that due to their appearance, solar panels can reduce a properties value. But, in fact, solar panels often add value to the property- as they increase a properties energy efficiency. And if you are worried about their visuals maybe you could opt for a variety that is built to blend into your properties aesthetics seamlessly e.g. photovoltaic (PV slates) THE

VERDICT: In our opinion, it is solar panels for the win!

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