The pros of using solar panels include a lower carbon footprint, lower electric bills, potentially higher home value and tax credits. The cons include high initial costs, specific roof requirements, possible higher property. . While there is not a universal solar energy solution, in this guide you will find some resources that can help you decide what's best for you. Consider these questions before you go solar: Is Solar for Me? Is my home suitable for solar panels? Solar panels are built to work in all climates, but in. . Solar panels are an upfront investment that can save homeowners a significant amount of money in energy costs over the life span of the panels. With current tax credits and incentives, the average payback period for solar panels is between six and 10 years. Solar panels have a lot of benefits, but there are also downsides. However, these benefits can come with significant installation and maintenance costs and gains can vary from one house to another.