Furthermore, with growing advancements in solar technology, the efficiency of string inverters is likely to improve over time, reducing the 3% energy loss. As energy storage solutions, such as batteries, become more prevalent, integrating string inverters with battery systems will allow users to store excess energy for later use, thereby maximizing overall energy efficiency.
Another benefit is the potential increase in home value. Homes equipped with solar energy systems are often considered more desirable and can fetch a higher price in the real estate market.