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 now more affordable 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 will save
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 means that solar panels installed in Australia will absorb and convert more sunlight. Furthermore, solar panels primarily degrade with time because of the large amount of sunlight. All due to normal wear and tear from UV rays and adverse weather conditions.
Solar panels raise the resale value of your home
Installation of a solar panel system can be a great asset when selling your home in Australia’s increasingly green climate. Solar panels are a quick and easy way to make your home more appealing to potential buyers and look great. 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.
Solar panels in Sydney and other Australian cities are advantageous for various reasons. They not only help to minimise your carbon footprint, but they also save you money on energy expenses over time.