Is Solar Energy For Home A Better Or Bitter Investment?

By Author: Thermax Global
Total Articles: 87
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Consumption of electricity, especially for household purposes is on a constant rise. As the demand for the source of energy rises, the production too rises. Although it is debated that electricity, the most widely used source of energy is harmful as well. As an alternative, many countries around the world have started adopting solar power solutions. India is no exception!

But the question here is that, Is solar energy the next best thing?

Let’s find out!

Costs

If you choose to use solar energy to power your house, there are few straight costs that you will have to bear. The capital intensive solar energy is utilized by converting sun rays from the large solar panels installed on the roof.

Besides the solar panel costs, an inverter that converts the rays into usable electric energy is essential. Other minor costs like installation, wiring and other types of equipment are also required to be done.

Hence, the initial costs of installing different tools of solar energy are high but with time, the balancing of the costs can be witnessed in the monthly or annual electricity bills.

Storage ...
... And Maintenance

One of the backdrops of solar energy over routine wirehead electricity is that the entire station of power has to be installed at the place of consumption. From solar panels to inverters and all the components of solar energy are to be placed in the same place.

Besides the storage capacities, solar power components need a particular maintenance service. Depending on the usage, it can be monthly, quarterly, or annually.

Although maintenance is not a burden to say, it is one of the things that come alongside the solar power solutions and one of the things that you do not witness in routine wirehead electricity services.

Drawbacks and Benefits

One of the primary benefits of solar energy over other forms of energy in household usage is cheap electricity bills. However, with one-time heavy installation and some maintenance costs, solar energy is the financially liable source of energy.

Another financial benefit and a major plus point is a reduction in consumption of wired electricity and hence, financial savings in the large power plants producing electricity day in, day out.

One of the challenges posed by the existing sources of energy (electricity through wires, etc) is global warming. Combating the grave issue of global warming, solar energy is a feasible solution that balances nature and human requirements.

To conclude this, in India, the rising need for solar power has pushed solar energy companies in producing better machinery and products. To choose solar energy over the routine source depends mainly on two primary things:

Household requirements
Urge to shift to a new medium

It is of utmost importance to have clarity on how, when, and why should one push for solar energy because, in general sense, it is the most feasible source of energy but individually the choices could differ.