Solar panels not only lower the cost of your electricity bills, but they are a long-term investment.
Lowering your utility bills is the most common financial benefit of solar power. Any power that is produced yourself with solar is power you don’t need to purchase from the utility. When your system also produces more power than you’re using, that power is then sent back into the grid in exchange for an energy credit.
If you’re covering the cost of solar without borrowing, within only a few years you can see a return in your investment. However, this isn’t static or temporary. A 5kW residential solar system has a life span of 25 years.
There are many environmental benefits to solar power. Choosing solar reduces greenhouse gas emissions, that contribute to climate change, along with reduced air pollutants like sulfur dioxide.
Read our guide on how to correctly read and understand you electricity bill.
While it may seem like the technology is complex, it’s actually very easy to understand once you break it down.
- The sun shines on the panels, generating direct current (DC) electricity
- The DC electricity is fed through a solar inverter that converts it into alternating current (AC) electricity
- The AC electricity is used to power your home
- Surplus electricity is either fed back into the grid or is retained in a home solar battery system
The sun will determine the amount of power your solar energy system can generate. Resulting this, when the whether is cloudy, your solar panels will produce slightly less energy and none in the night time.
In the event of a blackout, your solar panel system will shut off if connected to the grid. However, certain inverters provide backup power when paired with a battery.
The most ideal roofs for a solar panel system would be Northerly-facing roofs with minimal to no shade. In other cases, if your roof doesn't have an ideal roof, there are ways around finding a solution in our free solar assessment.
Generally, your solar panel system should continue to generate electricity for up to 23-35 years. Solar panels are durable and capable of withstanding various whether conditions from snow, wind and hail.