What are the advantages of solar energy?

Solar power is cheap
You may have heard the myth that solar energy is expensive or maybe there's a scepticism that solar electricity is too good to be true. One of the main advantages of solar energy is its price. Solar energy has become cheaper in recent years as the cost of materials has come down and technology of panels has increased massively. It is estimated that by switching to solar self-consumption you can save up to 59% of your electricity bill. You can sell back the energy that you do not use through the Smart Export Guarantee.

Solar panels are low maintenance
The modules used by Otovo come with a 25-year warranty, which takes a load off your shoulders. The most important thing is to have a good orientation towards the sun and a regular maintenance routine, since the dust that is deposited on top of the solar panels affects the amount of energy they produce.

The panels are silent
Generating electricty using solar energy is largely silent. The panels do not produce noise and the inverter noise level is equivalent to a quieter refridgerator. The comfort of your home will not be affected by the installation. You can enjoy clean and cheap energy without compromising your well-being.

Another advantage is that solar energy is inexhaustible and is one of the most widely available energies in the world. This contributes to the surplus that homes generate and, therefore, gives the possibility of obtaining compensation for the surplus produced.

Take care of the environment
Finally and perhaps the most important advantage of solar energy, along with the economic one, is the benefit for the environment. We are living in a time of climate uncertainty. Climate change is on all the agendas of the world's major economies and it has to be in yours too. Many of our daily activities contaminate the environment even if we don't realize it: from what we eat to how we move. There are things that are difficult to change, but switching to clean energy is within our reach and we can all contribute our grain of sand to make the planet better for everyone.
Moving to solar power stabilises one part of your electricity requirements, moving you closer to independence from wild price swings in the electricity markets and from foreign energy supplies. As we enter more turbulent macroeconomic times having this security and stability can be a great relief.

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Representative Example: For example for a PV solar system that costs £5,001 the monthly payment for a 4 year loan where the interest rate is 9.99% and the APR is 10.45% is expected to be £126.80 and the total interest paid over the entire period of the loan is expected to total £1,085.52.