There are numerous reasons why people today are preferring switching to solar energy, but some of the most common reasons are reduced energy costs and energy security. Solar energy benefits property owners, organizations, and businesses in various ways. However, when people are required to make a decision about going solar, it helps if the benefits are spelled out.
In addition to this, solar energy is recognized as the most reliable energy innovation developed to date, and this is the reason why it is preferred on satellites in space and in different regions on the globe, where it is difficult to fix the problem of supplying electricity with non-renewable resources. There are 5 major benefits of solar energy as mentioned below:
1) Clean and renewable energy
Carbon emissions around the world have increased dramatically since the industrial revolution. Solar power is a 100% clean, renewable energy source. It reduces dependency on fossil fuels, oil and natural gas to generate electricity. These fossil fuels produce harmful emissions that affect the quality of air, water, and soil, and further leads to global warming. The sun’s abundance of power offers an unlimited source of energy that does not deplete resources or damage the ozone layer. Residential solar energy systems represent an investment in the future of the planet, conserving non-renewable energy sources and protecting the environment. Commercially solar energy systems will reduce the pollution generated by large firms that produce electricity and in the industrial sector many firms can incorporate solar energy in their energy mix to reduce their carbon footprint while also becoming self -sufficient.
2) Reduction in electricity expense
Generating your own electricity means that you won’t be depending on your supplier. This will lead to reduced electricity expenses. In Pakistan, there is a high percentage of load shedding, people living in rural and suburban areas witness about 8 to 12 hours of load shedding on a daily basis. Solar energy provides the solution to this problem as you won’t rely on the supplier for electricity. Depending on their size, efficiency, and orientation relative to the sun, solar panels can generate more electricity than what you consume. This can reduce your electricity bill to nil and in some regions, you can also earn money by selling the unused electricity supply back to the grid.
3) Solar energy can be supplied anywhere
All you need to generate solar energy is the Sun. This is particularly useful for remote regions with no access to any other source of electricity. There is a large percentage of people around the world with no access to electricity. Independent solar technology can be set up in those regions and improve the lives of millions of people. Moreover, solar energy is also used to power tube wells, boats, and even streetlights. This allows individuals living in those regions to become self-sufficient. Nevertheless, with the latest technological advances there will come a point where there will be a decrease in the prices of battery storage which will translate into more efficient and affordable solar power cells.
4) Creating employment opportunities
There are numerous points of interest in solar energy and one of them is employment. An enormous piece of the expense related to solar energy comes from the establishment of the solar including the panels, inverters, and batteries. This creates employment opportunities within the society since the sector is labor extensive. Utilizing solar energy supports the economy and emphatically influences employment in a country.
5) Improvement in the power grid security
This is an indirect advantage of solar energy. There are many common problems faced in the efficiency of power grids like voltage fluctuations and power outages. The possibility of introducing solar power from thousands or even millions of individual square miles improves the security on the power grid against overloads or fires in transformer substations. There won’t be loss of energy during transportation and distribution of energy, the energy loss may be less but the performance of the power grids may hinder in those regions that have a high population.