In the past decade, the use of solar systems for electricity production in both residential and commercial properties has increased. Producing energy from solar systems has several advantages. From saving money to protecting the environment, the following are five key advantages of solar energy:
Become More Eco-Friendly
Solar energy is a renewable energy source as it uses the sun’s energy to produce electricity. If you have solar panels installed on your rooftops, you will be contributing to reducing the carbon emissions that cause global warming.
Solar systems don’t emit any greenhouse gasses, so there is no by-product of energy generation from solar systems that can damage the environment. The rising growth of solar energy is leading several energy sectors to shift from fossil fuels to solar plants to generate clean energy. Even now, most of the energy is produced by burning fossil fuel, which produces 10 billion tonnes of carbon dioxide and sulfur and nitrogen that causes acid rain and smog.
Decreases Your Electricity Bill
Installing a solar system means you will be using less energy provided by your retailer and using more of the energy generated on your rooftop. This is one of the main objectives of having a solar system in the first place.
By installing a solar system, you can reduce the use of retailer-provided electricity by 50%, and if you have batteries integrated with your solar system, you can even reduce it by 100%. Moreover, if you have excess electricity, you can export it to your retailer and participate in a feed-in tariff. You will be receiving payment in return for the clean energy that you are giving to your grid.
In Australia, people used to receive an incentive to invest in solar system instalments due to a very high feed-in tariff. However, by 2012, most of these programs were finished, and feed-in tariffs were also reduced. This indicates that people are no longer installing solar systems just for this reason.
Day by day, the cost of electricity is increasing. This is why installing solar systems to generate your clean electricity will save you money in the long term.
In general, solar panels don’t require much maintenance. Most companies offer a warranty on their solar panel for 10-25 years. Moreover, good-quality solar panels are designed to withstand any weather conditions. Solar panels are also less vulnerable to wear and tear as there are no moving parts. You need to change the inverter after 15-20 years. Even the cost of replacing the inverter isn’t much, and it is just 20% of the total cost of the solar system. Usually, inverters have a warranty of 10 years, but some manufacturers provide a warranty of 20 years. You can claim any manufacturing defect in the warranty. The company will send a qualified electrician to diagnose your system and report the problem to the manufacturer.
It is recommended that if your solar system is installed in a residential property, you should hire an electrician for a full inspection of your system every two years. For commercial properties, the inspection should take place once a year.
People also have mixed views on whether to clean their solar plates or not. Nowadays, the advancement in the technology of solar cells enables these panels to perform normally even if dust is accumulated on them. Moreover, with rain, these plates are cleaned, and you don’t need to do any extra work on them. However, when you call for an electrician to have a full inspection of your solar system, ask him to check if the panels need cleaning or not.
Increased the Value of Your Property
Properties with solar panels installed on their rooftops are likely to have an edge in terms of value over other similar properties. According to a survey conducted by realestate.com.au, 85% of people believe that properties with solar panels have more value than those who don’t have them. Another survey from Origin Energy tells that 77% of people believe that properties with solar systems are more expensive than those using traditional energy. 57% of people revealed that they would pay $10,000 extra for a property with a solar system installed.
Role of the Government to Make Solar Affordable
In Australia, the government gives financial incentives to those willing to invest in solar systems. The government provides them with STCs, Small-scale Technology Certificates. The Australian government started this incentive to encourage people to produce energy from renewable sources. This is also part of the government’s campaign to reduce greenhouse gasses in the energy production process.
All solar panels that are under 100kW installed in residential properties are eligible for STCs. You also need to install solar systems by the Clean Energy Council and use the panels and inverters approved by CEC.
With STCs, you will be receiving a discount on the total cost of installing a solar system depending on the amount of clean energy you will be producing.
People are installing solar systems for several reasons. There are a lot of advantages to having a solar system installed on your commercial or residential properties. A solar system can be installed if you want to save money or just want to make the environment clean.