Solar panels are a great way to offset the cost of your monthly energy bill, reduce your home’s impact on the environment, and provide many additional benefits, such as contributing to energy independence and supporting to local businesses.
You plan to install solar panels on the roof of your house or at your company headquarters? I would like to tell you about the four main advantages of solar panels:
Reduce or eliminate energy bills.
Even in a cloudy area, you should get more than two hours of sunlight per day. In contrast, areas frequently exposed to the sun receive an average of 5.5 hours of sunshine per day.
Even though overcast days cause a drop in solar power production, solar panels can still draw power from the sun, even when the sun is not present. Indirect sunlight, also known as diffuse sunlight, will still contribute to your home’s power supply.
The amount of electricity produced on cloudy days is usually between 10 and 20% of the quantity produced on sunny days.
Obtain tax credits and rebates.
I hadn’t thought about how important this benefit was, but the solar panels on our roof really do pay off. When you fill out your tax return for the year, you will be entitled to many aids put in place by the government.
You can sell the surplus energy you generate throughout the year to power companies, providing an excellent return on the initial investment. SRECs are generated continuously throughout the year.
Start saving from day one.
Annual electricity costs can run into thousands of euros. In fact, the annual energy expenditure of a single individual amounts to €3,052 on average. This figure takes into account both residential energy costs and transport costs.
Installing solar panels immediately reduces or eliminates most of these additional expenses. They can also allow achieve long-term savingsbecause harvesting solar energy costs virtually nothing.
Solar panels greatly increase your resale value. The majority of potential buyers are aware of what it entails when a house is equipped with solar panels, which is particularly advantageous when the system is already installed andthey don’t have to make the initial investment or install the panels themselves.
According to the study results, most homeowners experience an increase in resale value of $5,911 per kilowatt installed. This translates to a potential increase in the resale value of your property of over $18,000 if you install a system with a capacity of 3.1 kilowatts.
Help the environment and help us all.
The solar power systems are capable of extracting uncontaminated and unpolluted energy from the sun. Their installation on the roofs of homes helps to reduce greenhouse gas emissions and reduce our dependence on fossil fuels.
When fossil fuels such as coal and others are used for electricity generation, they release toxic gases which are the main source of air pollution and global climate change. These gases contribute to the buildup of smog and other forms of air pollution.
In addition to being detrimental to the health of the planet, fossil fuels are also a resource that will eventually run out. Therefore, their price is constantly changing and can increase in a relatively short period of time.