Can you believe that the global solar energy industry could be worth over $223 billion by 2026?

While tons of people are flocking to renewable energy, there are still some others who are wondering if it’s time to take the plunge. They’re not sure if the technology has improved enough to make the investment worthwhile.

There are lots of pros and cons of having solar panels installed on your home, which is why research is necessary. Read on for the ultimate breakdown so you can make an informed decision.

Pro: Solar Panels Save Homeowners Money

The greatest perk of installing solar panels is that you’ll never have to pay an outrageous electric bill ever again. If you live in a sunny area and your solar panels generate more electricity than you need, then you could even sell your extra energy to increase your profits.

Solar panels last at least two decades, so you’ll have plenty of time to enjoy free power.

Con: Solar Panel Installation Isn’t Cheap

The main reason why homeowners hesitate to contact solar installers is that the startup costs are quite high. While you will pay more money upfront compared to your usual electric bills, you’ll score huge savings in the long run.

It’s also worth noting that there are plenty of ways that you can keep those expenses low. There are tax deductions and other incredible incentives that make solar installation more accessible.

Pro: Solar Living Can Help Save the Planet

It’s scary to imagine what the planet could look like within a few decades. With rising sea levels, increased natural disasters, mass extinctions, and so much more, lots of people feel an unshakable sense of doom when they imagine the future.

If you install solar panels on your home, you can do your part to protect the environment so our planet can remain hospitable.

Con: Solar Panels Can’t Be Moved

Once your solar panels are installed on your roof, they’ll stay there until it’s time to replace them. Since solar panels have such a long lifespan, it’s possible that you’ll move to a new home before they run out.

While you can’t bring your solar panels wherever you go, you will get a hefty return on your investment since many homebuyers are interested in green homes.

Pro: Green Energy Will Keep Our Air Clean

A fact that not many people want to think about is that our air is slowly poisoning us. If you live in a city with lots of carbon dioxide emissions, then your health will deteriorate over time.

Cleaning up our air will save millions of lives and reduce the burden on our healthcare system.

Are You Thinking About Having Solar Panels Installed?

Getting solar panels installed on your home could be the best decision you make. Now that you have the full picture of the pros and cons, you can get ready to give your house the upgrade it deserves.

Want to read more eco guides? Check out our other articles.