The Pros and Cons Of Solar Panels (2024 Guide)

There’s no doubt solar panels have become a buzzword with most American homeowners. They allow you to enjoy clean energy while ensuring you have an energy source during power outages. But are they ideal for your energy needs? Let’s find out.

What is Solar Energy?

Solar energy is electricity generated from sunlight. Solar panels are made of photovoltaic (PV) cells that capture the sun's photons. It is these photons that release electrons, which are converted into electric current. 

Solar panels, large and small, can be placed anywhere there’s ample sunlight. Whether using them for camping or at-home needs, they have proven to be an ideal backup power solution. The more light the panels are exposed to, the more energy they produce. 

To take full advantage of solar energy, you might need to install solar batteries. They allow the storage of excess energy that is produced during the day. With the batteries, you can run your appliances at night or during a prolonged power outage.

Are Solar Panels Worth It?

Well, it depends on your power needs. For example, if you want to be 100% energy-independent, installing solar panels is a viable option. Likewise, if you want to live off the grid, consider buying robust solar panels and batteries.

Most states have tax credits and net metering to encourage switching to solar energy. If you live in such a state, switching to solar for your energy needs is also a viable option. And if you have high electricity bills, installing solar panels can reduce your costs significantly.

Having a solar system can also improve the value of your home. So, if you plan to sell your home in the near future, consider installing a robust solar system, and you might sell your home for a good amount. 

If your energy costs are not high, installing solar panels is not an ideal option, given the high initial cost. In short, installing solar panels depends on your personal needs. Examine your energy needs and determine if installing solar panels is the right decision. Also, consider comparing different quotes before settling for a solar company.

Solar Panel Pros 

Clean Source of Energy

Solar panels do not emit harmful gasses when converting sunlight into electricity. By installing solar panels in your home, you are reducing your carbon footprint. Besides, if more people install the panels, the general carbon emission will be reduced significantly. Since the electric power sector contributes up to 25% of all greenhouse gas emissions, going solar can lower the figure.

Energy Independence 

Another advantage of installing solar panels is energy independence. They allow you to use less electricity from the grid. And if you have robust solar batteries, you can live without depending on the grid. 

The solar batteries store excess electricity allowing you to use solar energy at night or when there’s a power outage. You can choose between a grid-tied and an off-grid system depending on your needs. 

Improved Home Value

Installing solar panels will no doubt increase the value of your home. In fact, most systems can add up to $15,000 of value. The best part is that homes with solar panels tend to sell quicker than those without solar systems. Not to mention the aesthetic appeal they bring to your home.

Low Maintenance Costs

Once you install your solar system, it will require minimal maintenance as long as it is not affected by environmental factors. Keeping your solar panels free from debris can increase their longevity significantly. 

While professional solar maintenance can cost between $140 and $180, you’ll only require it sporadically. In fact, most solar warranties cover maintenance costs. 

Net Metering 

Most states offer exceptional net metering options, meaning you get a faster payback period. Net metering allows you to sell excess energy back to the utility company. However, not all states offer net metering, so, make sure to check with your local utility company.

Tax Credits

As the government champions the transition to renewable energy, it has come up with incentives to make solar installation cheaper. Among the incentives is the 30% federal tax credit that is available to all people. The tax credit is expected to phase out by 2035, meaning you can still enjoy a 30% reduction in installation costs.

Reduced Electricity Bill

Solar energy allows you to power your appliances without connecting to the power grid. It means your electricity bill will decrease significantly. This allows you to use the excess money on other important errands.

Solar Panels Cons

Expensive to Install

Solar panel installation is expensive regardless of the size, location, and installer. This is one of the reasons why the federal government started the 30% tax credit. With it, you can enjoy a 30% dedication from the initial installation cost. 

Without the tax credit, a typical solar system can fetch for over $30,000, which is expensive for most households. Luckily, the federal tax credit and individual state incentives have reduced the installation cost significantly.

Can be Hard to Find

While every state encourages the installation of solar systems, they don’t often provide incentives that make installation cheaper. Besides, not all states offer net metering, meaning the payback can be long. For example, parts of Kansas are not included in the net metering law.

Furthermore, some states can charge you additional connection fees. That said, California and Maryland have more lucrative and generous incentives such as tax exemptions and net metering.

Long Payback Period

When buying solar panels, you need to determine their payback period. Ideally, they pay for themselves in 12 years. But this depends on several factors such as existing incentives, frequency of usage, and energy costs.

Make sure to calculate the payback period before purchasing solar panels. If you’ll be selling your home soon, installing solar panels won’t be an ideal option as you stand to make a loss.

Might Attract More Property Taxes

Adding a solar system in your home will increase its value. And the higher the value the higher the property taxes. Some states, however, offer tax exemption after installing a solar system. So, it is important to check with your state if they offer such incentives.

Solar Panels are not Transferable 

Unlike other appliances, solar panels are not transferable. If you sell your home before the payback period is over, you stand to a loss. You should therefore install a solar system if you don’t plan to sell your home in a decade or so.

Solar Storage is Expensive 

If you want to use solar energy at night or during a power blackout, you’ll have to install solar batteries. Solar batteries are not cheap and will require extra connection and adding home integration kits. In fact, adding solar batteries to your system will increase the installation cost significantly.

3 Best Portable Solar Panels from BLUETTI

Now, if you want to install portable panels in your home, you can never go wrong with BLUETTI. Here are three options you can choose from.

BLUETTI PV350 Solar Panel | 350W

The portable and lightweight solar panel is a must have if you have low energy needs. The model has a higher conversion rate of 23.4% so you can utilize much of the solar energy. With a 350W rating, it produces enough power to charge a power station or solar batteries.

It is easy to use thanks to the 4 fixed stands that ensure ample sunlight strikes its surface. And since it is foldable, you can store it in tight spaces. It is compatible with most BLUETTI power stations such as the AC200MAX and AC300.

BLUETTI PV420 Solar Panel | 420W

If you want more power output, you can opt for this model which has a rating of 420W. Like other BLUETTI solar panels, it has a high 23.4% conversion rate. This makes it among the most effective solar panels on the market. It is easy to set up thanks to the robust stands and handle.

Like other premium solar panels, it is made of durable and splash-proof material, meaning you can use it for many years. Thanks to its foldable and portable design, you can carry it easily to your camping or outdoor activity site.

BLUETTI PV200S Solar Panel | 200W

Finally, you can get yourself this simple solar panel made of high-quality monocrystalline solar cells. With it, you can rest assured of 23.4% efficiency, ideal for everyday use. The panel is also compatible with most solar generators that have MC4 connectors. 

You get an ergonomic grip so you can transport it easily. For peace of mind, you get a one-year warranty. 

Final Thoughts

Installing solar panels comes with numerous advantages. For one, you become energy independent, you get a backup power solution, and reduce your carbon footprint. That said, solar panels can be expensive to install, especially when included with batteries. But if you don’t mind the initial investment, make sure to buy them from a reputable manufacturer such as BLUETTI.