Are Solar Panels Worth It?

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are solar panels worth it ireland

The are solar panels worth it ireland  industry in Ireland is booming. This is good news for both the environment and the Irish economy. Solar energy is a clean, renewable form of energy that helps to reduce carbon emissions. It is also cost effective for households in Ireland who are looking to cut their electricity bills. The Sustainable Energy Association of Ireland (SEAI) currently offer a grant for solar PV installations which can significantly reduce the upfront cost.

Aside from a significant upfront cost, solar panels are an investment that will yield high returns over time. The return on investment (ROI) for a home solar system will be in the region of 8-15%. This is much higher than you can get from savings accounts or the stock market. Moreover, the ROI for solar will increase over time as electricity prices rise.

Energizing Ireland’s Future: Exploring Alternative Energy Sources

Eoin Sharkey, director of Caldor Solar says that the best way to determine whether solar is worth it for a particular house is to have an energy assessment done. He notes that if a house is old and draughty then solar might not be the answer. In such cases, he recommends investing in insulation and replacing open fires or big fossil fuel boilers with something cleaner.

However, if a house is new or recently renovated then solar could be a great option. In addition to the financial benefits of a home solar energy system, it can help to improve the security and reliability of the energy supply. By adding a smart battery, homeowners can use the electricity generated by their solar panels even in the event of a power outage.

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