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From winter until spring, your residential energy costs are still low, but with the onset of summer, you see a significant spike in your electricity bills.
Then, if you switch to solar panels for your home, their installation would help you make up for energy costs to a considerable extent.
Besides, it also helps in keeping the environment clean, and unpolluted as well as sustaining local business enterprises, and bringing about energy independence.
According to an article published on https://solarmagazine.com, the worldwide solar industry is promising, and as per predictions, the world would witness one trillion watts of solar panels installed by the year 2023.
Here are some of the top benefits of going solar:
Cut Back on Your Power Bills
Photovoltaic (PV) systems generate adequate energy to power any home of two adults and three kids at net-zero power usage.
During spring, homes with solar panels generate more energy than they use. It means you can trade with surplus energy with the utility company.
During the hot summer months when homes have their AC on, solar has the power to generate enough electricity to operate domestic cooling machines.
The greatest benefit of solar is that the PV systems draw energy on cloudy days to power your home with reduced electricity bills.
Save Your Hard-earned Dollar from Day One
When it comes to annual energy costs, it could create a dent in your wallet. On average, annual electricity expenses per head in a household are in the range of $1,602-$1,898. When you have solar panels installed, you can reduce energy costs significantly from day one.
It also results in long-term savings because PV systems capture the sun’s energy free of cost. If you are in Australia, you can invest in solar panels Bundaberg and start saving money!
Increases Your Home’s Value
When you have solar panels installed on your roof, it increases your property’s resale value in case you wish to sell your home in the future.
Homebuyers know that when they are looking for a property that already has solar installed, they do not need to shell out money for PV installation additionally.
It saves homebuyers a lot of their money. The seller can, therefore, promote their home for sale at a higher price in the real estate market.
Studies indicate that most homeowners see at least a $5,911 rise in the resale value of the property for every kW installed. It means if you have a home with a 3.1 kW PV system, you could increase the value of your home by approx $18,000.
Makes Your Home Roof More Long-lasting
The solar panel system installed also protects your home roof from climatic elements such as moisture, debris, and rainwater.
Moreover, solar makes your home extremely energy-efficient during the hot summer days because the scorching heat is not hitting your roof directly. On the contrary, solar panels absorb the heat, thus reducing the overall temperature of your home.
Now that you know about the benefits of solar installation, you can make an informed decision. Go solar to save on power bills, keep the environment clean, and increase the resale value of your home.