1. Renewable energy
Solar power systems derive energy from the sun. Panels on your roof help reduce carbon emissions and bring down our collective dependence on fossil fuels. By installing solar, you’re not only reducing your carbon footprint, but also doing your bit to increase renewable energy generation when you export energy from the panels to the grid.
2. Reduce what you pay for electricity
You will meet some of your energy needs with the electricity your solar power system has generated. This should mean you will pay less for the power you use. How much you save will be dependent on the size of your solar system and your electricity usage.
Not only can you reduce what you pay for your electricity, but you can also get paid for any surplus power you generate by supplying it to the grid. This is called a ‘feed-in-tariff’.
3. Property value increase
If you’re looking to sell your home, the installation of solar power systems can increase its value. Based on surveys, most Australians think that solar panels add value to a property, and estimates suggest that a 5kW solar panel installation could add around $29,000 to the value of a house. That’s a bright investment.
4. Low maintenance costs
Solar power systems generally don’t require a lot of maintenance. You only need to keep them relatively clean; cleaning them a couple of times per year will do the job. After covering the initial cost of the solar system, you can expect very little spending on maintenance and repair work. The average cost of an annual inspection with a qualified inspector is about $150.
Solar with Powershop
Powershop solar energy customers enjoy:
• a smartphone app and online usage tools that can help you gain better insights into your electricity usage;
• solar feed-in tariffs greater than the government recommended amounts; and
• for those with smart meters, access to a heat map of your solar output through your Powershop online account, so you can know more about your solar energy system’s performance.
Thinking about installing solar but don’t know where to start?
Powershop’s Better Solar can help.
Read previous: What is a solar feed-in tariff?