Solar panels are an increasingly popular option for homeowners, not just in Australia but across the world. With energy prices on what seems to be a never-ending upward trajectory and with people’s awareness of environmental issues increasing, solar energy presents a viable opportunity to address both of these genuine concerns.
Whilst energy prices and the environment might be regarded as the headline makers as to why solar energy’s popularity with homeowners is increasing, we would like to point out that there are many more reasons why installations of solar systems are occurring in ever greater numbers. The benefits that such installations create for homeowners are plentiful, and if you read on, you will discover ten of the most significant benefits of solar panels being installed for your home.
Benefit #1 – Lower Energy Bills: We will start with the benefit which is at the forefront of everyone’s mind when they decide to opt for solar panels at home, and that is reduced electricity bills. By generating your own electricity from solar energy, you can reduce your energy bills by as much as 70%, depending on your usage.
Benefit #2 – Long-Term ROI: Many people erroneously see solar panel installations as a cost. Whilst there is an obvious outlay to have solar panels installed for your home at the outset, in the longer term, due to the aforementioned savings, which will accrue month after month and the potential increase in the value of your property (see below), your return on investment will undoubtedly be positive.