Is it good to install photovoltaic solar panels

Are solar panels a good option for your home?

Residential solar panels allow you to pull less energy from the grid. With the addition of solar batteries, solar panels could make your home self-reliant and independent from the electric grid. Solar batteries store energy created during sunny hours, allowing it to be used at night or on cloudy days.

Are solar panels a good investment?

According to the Consumer Price Index, electricity prices were up 2.8% for the 12-month period ending in March 2025. Depending on its size and your energy needs, a solar panel system can reduce or eliminate your electric bill. Residential solar panels allow you to pull less energy from the grid.

Are solar panels worth it if you move?

If you think you might move before you reach your payback period, purchasing a solar panel system may not be worth it. Instead, consider community solar, which doesn't lock you into a long-term investment. However, adding a solar panel system can still benefit you financially if you move.

Are solar panels right for You?

Solar panels are best for people who live in good solar states with solar-friendly policies, like net metering and solar incentive programs. Homes with south-facing roofs and lots of unshaded space are also ideal for solar. Homeowners with high electricity bills are among those who can benefit the most from going solar.

Are solar thermal panels worth it?

Solar panels absorb the sun’s heat and convert it into electricity, whereas solar thermal systems transform the sun’s energy into heat for household water. Whilst solar panels’ popularity has exploded in recent years, it’s worth considering whether solar thermal panels are worth it, given they can only save an average of £1,350 over their lifetime.

Do solar panels add value to your home?

According to the US Department of Energy's Lawrence Berkeley National Laboratory, solar panels can add serious value to your home and sell quicker than homes without solar. A recent study found that, based on the average home cost, homes with solar sell for 6.8% more, adding a value of around $25,000. Solar panels can add to your home's value.