Solar power, or the use of the sun’s rays as a clean and renewable source of energy, is not a new system. For many years, it has grown widely globally. It has also changed the lives of many Australian households, helping them save money and reduce their carbon footprint. It has become more affordable, making it a smart choice for any Australian home, especially with incentive programs. Here are other reasons it is worth making the switch to solar power now.
Reduced energy bills
It might already sound familiar to you that solar power can lower your power bills, but who does not want to save on the amount they pay for energy? This obvious benefit should not be undervalued. The amount you save can be allotted for other important things. You might need to spend money initially for the upfront costs, but you can get this back once you start saving on your energy bills.
Generation of your own electricity
The beauty of solar power is that it harnesses the sun’s energy to generate electricity, even during winter or rainy days. If there is excess electricity, it will be fed back into the mains electricity grid and you can be paid for it depending on your utility provider.
The use of solar power reduces your home’s carbon footprint. Unlike other sources of energy, solar energy is clean, renewable and green as it doesn’t release harmful gases that pollute the air. Of course, it still uses electricity to manufacture materials, but it is very minimal compared to the energy saved by using them.
The prices of solar systems for homes in Australia have come down. It was reported that the cost to install has dropped by 40%, in January of 2018, compared to August 2012. It is not as expensive as you may think, and the dramatic price reduction is strong evidence of its permanence in Australian households. It is here to stay, with almost 2 million homes now having a solar PV system. Government incentives such as feed-in tariffs and solar small-scale technology credits let you save dollars throughout the life of your system. Companies now also offer flexible financing options if you find it hard to pay for the system upfront.
You can reap the benefits of solar PV systems over time. It can last for up to 25 years but you can already pay it off in less than five years. It can also add value to your home. It is best to look at the initial cost as an investment that offers a good selling point for your real estate.
Solar power allows you to gain financially and helps slow down global warming. It lets us make the most of sunlight, as a large, renewable energy source. Solar PV systems remain attractive and affordable especially in these times when electricity costs are high. If you are thinking of installing solar in Brisbane, speak with specialists who can help you make the most of your investment.