Are you contemplating solar panels, but not sure if they’re right for you? Perhaps these five arguments might help you to make up your mind.
Save thousands of dollars in energy bills
Make the smart decision to add solar panels to your dwelling and save money every month, ultimately accumulating in thousands of dollars. After all, instead of paying electricity bills for the rest of your life, you’ll be powered by the sun, which is free. Financial returns vary from state to state – there’s a generous solar rebate in WA, for example, thanks to Western Australia’s Renewable Energy Buyback Scheme.
Increase the value of your home
With our growing desire to achieve more sustainable living, it’s common sense that homes with solar panels are becoming more sought-after on the real estate market. You can expected boosted liquidity and a greater selling price – the same as you would for a house in an ideal location, near schools and transport.
Have peace of mind with a secure investment
Avoid the unreliability of see-sawing electricity prices, which seem to grow more expensive with every year. Given that solar panels provide natural energy, you have the benefit of fixed energy costing, which means you’re not at the mercy of an electricity company. Solar power puts you in control.
Worried about how long solar panels last? You can have some peace of mind. Solar panels are usually produced by quality manufacturers and their warranties generally span at least two decades. Industry standards demand that solar panels must generate energy at a minimum of 80% of original capacity, even after 25 years. In most cases, they out-perform this minimum requirement and continue producing efficient power 40 years later, especially if you maintain them well.
Help save the environment
The joy of choosing solar power is twofold. Not only will your finances be smiling, but the environment will be, too. You can expect to reduce your carbon footprint substantially, thereby becoming a more environmentally responsible citizen. What’s more, by providing a good example to those around you, you might inspire them to do the same.