Summer’s approaching, which means that the days are getting longer, the sun is shining brighter, and the great outdoors are calling. But it’s not just our favourite season for outdoor adventures; it’s also the perfect time to harness the power of the sun and let it save you money. As the mercury rises, your energy bills may follow suit, making you wish for a more cost-effective and sustainable way to keep your home cool and comfortable. The answer? Solar power. Now’s the time to get your solar system installed so that, quite literally, the sun can save you money.
As we continue to seek sustainable and eco-friendly solutions to combat climate change and reduce our carbon footprint, solar energy has emerged as a shining star in the field of renewable energy. Solar systems have rapidly gained popularity, and for good reason. There are numerous benefits of getting a solar system for your home or business.
Lower Energy Bills
One of the most immediate and tangible benefits of installing a solar system is the reduction in your energy bills. By generating your electricity, you’ll become less dependent on utility companies, which can lead to substantial cost savings over the long term. Some home owners even experience a net-zero electricity bill, depending on their location and the size of their solar system.
Return on Investment (ROI)
Investing in a solar system is not just about saving money on your monthly bills; it’s also about making a long-term financial investment. Solar panels typically have a lifespan of 25-30 years, and many systems pay for themselves in a relatively short time. In some cases, solar power can generate a positive return on investment, especially with government incentives and tax credits.
Increased Home Value
Homes and commercial buildings with solar systems often have higher property values and are more attractive to potential buyers. A solar system is considered a valuable asset, and it can make your property stand out in a competitive real estate market. It’s a smart investment not only for your current living or business situation but also for the future.
Save on Upfront Costs
Have you been considering installing solar but are concerned about the cost? The Clean Energy Council explains that you can recover some of the upfront solar installation costs in two ways. Government rebates are one way to contribute to the system purchase. You can search for current federal and state government rebates by visiting https://www.energy.gov.au/rebates or your solar retailer will be able to advise you on the amount you are receiving at the quote stage.
A further way to recoup set-up costs is to sell some of the electricity you generate back into the grid once the system is installed. This is called a feed-in tariff. As explained by The Clean Energy Council, a feed-in tariff is the rate you are paid for electricity generated by your rooftop solar system that is fed back into the grid. They also point out that the feed-in tariff rate differs from state to state and from electricity retailer. When it comes to choosing an electricity provider, it’s recommended to shop around.
As we eagerly anticipate the arrival of summer, it’s not just the longer days and sunshine that should excite us, but also the incredible potential to harness the power of the sun and save money in the process. Solar energy is the key to a more sustainable and cost-effective future for your home or business. With solar systems becoming more popular and accessible, there’s no better time than now to harness the sun’s power and let it save you money. So, as summer approaches, consider making the smart move towards solar energy – a bright and sustainable future is just a panel installation away. Contact Voltora Industries to discuss your solar system requirements today!
Read The Clean Energy Council’s guide to buying solar
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