1.5 kWh of electricity solar photovoltaic (PV) system can save approximately 2.2 tonnes of CO2 glasshouse emissions per year. Installing solar panels as quickly as possible is an excellent way to benefit the environment. And it also helps you save money.
So, why delay? Now is an excellent time to consider going solar if you reside in Australia. You can even compare solar quotes and get a better idea.
Solar systems are more affordable now than ever
The advantages of solar energy to an average Australian household are numerous, especially when trying to save money. The average residential solar panel is now more affordable than ever. Solar module prices have dropped by more than 75% in the last five years. As a result of technological advances and a current excess supply in the global manufacturing market.
This remarkable price reduction also signifies that the average size of a residential solar system has more than doubled. It has risen from 1 to 2 kilowatts (kW) to 4 to 5 kW – a far more significant impact on your electricity bills. This is fantastic news for your budgetary and saving efforts.
The sooner you purchase, the sooner you can save money
You may be tempted to wait and see if the cost of solar power systems drops any further. But deferring your purchase may not make financial sense.
Power prices are already high and expected to rise further, but the cost of solar power is at an all-time low. The overall cost of solar energy in all Australian capital cities is now lower than retail grid power prices. Also, compare the solar quotes while you are planning to purchase long-term benefits.
You may be able to claim tax benefits
One of the most compelling reasons to go solar is that you may receive tax breaks for installing solar panels. The Australian government provides a variety of incentive schemes for those who install solar panels that can help offset installation costs.
Minimal maintenance is required
Solar panels demand very little upkeep. Some manufacturers advise buyers to have their solar panels cleaned every few years to ensure they continued generating energy. Today’s solar panels don’t require this level of maintenance. Most experts agree that now cleaning high-performance solar panels isn’t worth the trouble or expense because they should still work efficiently even when dirty.
Australia receives the most sunlight on the planet
Australia obtains more sunlight compared to any other country on average. This implies that more sunlight will be absorbed and converted by solar panels installed in Australia. Furthermore, the intense sunshine is the main cause of solar panel degradation over time. All due to normal wear and tear from UV rays and adverse weather conditions.
Solar panels may raise the resale value of home
Installation of a solar panel system can be a great asset when selling your home in Australia’s increasingly green climate. Installing solar panels on your house is a quick and simple approach to improve its appearance and appeal to potential buyers. Today’s panels are slim and created to match the roof’s pitch with negligible hidden wiring, and they barely affect the appearance of your house. To choose the best, do compare solar quotes beforehand.