What are the five major benefits of using solar panels in residential areas?

Benefit 1: Solar panels are becoming cheaper and cheaper

Compared to the previous price of solar panels, the production cost of solar panels is becoming lower and lower due to large-scale mechanized production. Some places and countries have preferential policies or subsidies for installing solar photovoltaic modules.

Benefit 2: Save money by using solar panels

The use of solar panels provides enormous potential for saving monthly water and electricity bills, and with the trend of rising water and electricity bills, solar energy may still be a good money saving option in the coming years. The amount saved depends on the amount of electricity consumed, the size of the solar system, and how much electricity it can generate. Alternatively, you can choose to rent a third-party owned system that allows homeowners to install solar systems on their roofs and repurchase the electricity generated at a discounted price.

Benefit 3: Maintain lighting when the power grid is cut off

Generating electricity by oneself allows for the freedom to maintain lighting during power outages. Residential solar systems paired with battery storage, commonly known as solar plus storage systems, provide electricity regardless of weather or time of day, without relying on backup power from the grid. With the advancement of battery technology and the effectiveness of financial incentives for energy storage, the decision to invest in battery energy storage is meaningful for more households across the country.

Benefit 4: Green and environmentally friendly

In today's energy shortage, solar energy is a clean and renewable energy source, and it does not pose any harm to the environment. For the current Earth's environment, the use and utilization of solar energy is an inevitable trend.