Solar power for homes has been increasing in popularity, particularly over the last decade. In fact, even Home Depot now carries residential solar panels. With the famously sunny climate of Ponte Vedra Beach, the rising interest in green living, and decline in start-up costs, solar energy may be worth your consideration. Here are some of the common benefits and drawbacks of residential solar power.
The benefits of residential solar panels:
- Generally, the rather substantial initial expense can be offset by numerous city, state, and federal tax incentives.
- Lower monthly energy bills.
- Increased property value.
- Depending on where you reside, selling “excess” power back to the utility company may be an option.
- Decrease your carbon footprint.
The drawbacks of solar power can include:
- Power supply is inconsistent – at night, you’ll need to draw from other sources.
- Large upfront cost for installation.
- Placement is important. Shade from trees, sun exposure direction, and uncontrollable weather conditions (such as rain and fog) can severely hinder performance of solar panels.
- Relatively inefficient in design and subject to pollutants in the environment. But, recent developments in technology are helping to solve both of these concerns.
If you’re interested in learning more about solar energy for your current or future home, we can help. Contact us today.