Installing solar panels or photovoltaic cells is an environment-friendly and affordable way of powering homes and reducing electricity bills. Other than providing properties with a reliable and efficient power supply, solar panels help save the environment, reducing carbon dioxide emission by as much as 35 percent. From being easy to install, to helping cut electricity bills, to increasing your home’s value, there are many reasons you should install solar panels in your Sydney home now:
Solar Power Can Make You Money
Here is a lesser known fact: you can get paid by installing solar panels at home. In most states in Australia, owners of solar power systems can be paid a premium amount for electricity they supply to the grid. If you use less power than your solar system is producing, you can accumulate credits on your power bill. Depending on the size of the system and the way you use power in the home, it is even possible that your electricity company will pay you rather than the other way around.
Cut Down Electricity Bills
Electricity prices are rising, and they will continue to rise in the years to come. By installing a solar power system, you are securing a fixed price for your electricity over the life of the system. This means that what you’re paying today can be the same as what you’ll have to pay for electricity in the future.
Increased Efficiency and Production
Solar panels in Sydney are being produced quicker and cheaper than ever before. The heaviest demand on the electricity supply network in Australia occurs during hot sunny days when air conditioners work their hardest. This is the peak time for solar energy production. If you install solar panels at home, you are helping to lessen the need for investment on traditional power plants. This, in turn, helps reduce the need for costly upgrades to the electricity network.
Increase Home Value
When selling your property, a solar power system will be a valuable asset that potential buyers will be more than willing to pay extra for. Statistics have shown that homeowners with solar panels installed at home can increase the value of their property by 3.5 percent. After taking rebates and incentives into account, your property would cost more than your purchase amount.
Reduce Carbon Footprints
Solar power is an environmental friendly option to generate your own electricity. As solar panels don’t emit greenhouse gases, smoke, or chemical by-products, they are safe for the body and for the environment. Electricity usage leads to tons of carbon dioxide emissions per household in Australia per year. Installing solar panels lessens your carbon footprint by up to 35 percent.