We’re always consciously looking for ways to reduce our energy bills and simultaneously help the environment. Being Australian homeowners means we have the opportunity to make a difference, not only in regards to cost saving and cost effectiveness, but also helping reduce our carbon footprint and the impact pollution has on our environment. Afterall, the sun is our earth’s natural way of producing light and energy, so why not use it as much as possible?
You might be wondering why people choose to get solar panels, and does it really make a difference? We’ve put together the top 6 reasons why having solar energy installed at your home residence has many proven benefits for both you as a homeowner, and for our planet.
1. Cost Savings
One of the largest advantages of choosing to install solar is that it can provide homeowners with considerable savings on their utility bills each month all by generating your own power from the sun.
The savings you will generate will depend on a number of factors, such as:
- Your individual electricity consumption
- The size of your solar energy system
- Direct hours of sunlight each day
- The size and angle of your roof
- Current local energy rates
- Your electricity or energy provider and any promotions they’re running
Having a solar system gives homeowners the opportunity to see significant savings and reduction of their utility bills, making it an ideal and low-risk investment!
2. Low Monthly Installments
Depending on who your electricity provider is, and who you choose to install your solar system, having solar will decrease dependance on your electricity bill. Low monthly installments towards your solar system with very little money paid upfront, making it a great incentive and investment. Generally speaking, your solar system will pay for itself in just a short 5-10 years or even less, after which you will be able to sit back, relax and enjoy significantly lower energy rates (if not almost completely free) for the lifespan of your solar system. How great is that?
3. Reduces Environmental Impact
Think green! We’re always consciously looking for ways to reduce energy consumption and leave as little impact on our planet as possible. The good news is, solar enables us to significantly lessen our carbon footprint, and with little effort. Generating power for your home residence with solar reduces greenhouse gas emissions and overall pollution, unlike regular power sources.
4. Increases Property Value
One survey in 2018 conducted by Origin Energy, showed that 77% of Australian participants believed that having solar in a home increased its value as opposed to those that relied upon traditional energy sources. Additionally, 57% of Australian homeowners confirmed they would pay up to $10,000 more for a home that had solar. This makes having solar even more beneficial if you decide to sell your home in the future.
5. Low Maintenance
Not only is solar good for cost savings, energy efficiency, low environment impact and increasing your home’s value, but it’s also extremely low maintenance, making it an ideal addition to your home. Once your solar system is installed in your home, it basically takes care of itself and doesn’t require any additional checks or maintenance. Win win! However, be sure to always reach out to your installer if you ever have any questions or concerns regarding your solar system.
6. Residential Solar Rebates
Another great advantage of having solar is the incentives and rebates available to Australian homeowners. The Small-scale Renewable Energy Scheme introduced by the Australian Federal Government back in 2011 enables Aussie homeowners to save in upfront costs of solar installation of up to 30%. The great news is that the STC’s are available to everyone in Australia and are a great, cost effective subsidy to look into if you’re thinking about getting solar. To find out more about Australian Government Solar Rebates and other incentives, visit https://www.energy.gov.au/rebates
