Top 3 Reasons to get Solar Panels
As a homeowner, no doubt you consider upgrades to your home and Solar Panels would probably be at the top of that list. Well here we lay out some pretty compelling and concise reasons as to why you should install solar for your home.
The initial thought people have of course is the cost, how much do solar panels cost to install and to maintain? Well, with any new addition to a home there should always be a cost-benefit analysis. What is the initial investment? How many solar panels do I need? Should I get a Solar Battery? Who can sell and install solar panels?
These are all questions that you are probably thinking and with the right help, there is a solution for you. It depends on your needs and requirements, do you want enough power to sustain your entire home? Perhaps you only want a simple setup to power your hot water. There are many options and choices to make, let’s go through 3 reasons as to why Solar Power is a great idea.
Solar Power - What are electricity bills like?
Reduce Our Carbon Footprint
Add value to your home!
To put it simply, because you are generating electricity during the day, you can expect at least a 50% reduction in electricity bills. Of course this is all dependent on your exact setup, but this is a good way to start calculating how long it will take to pay it off 100%.
For example, the average electricity bill at the moment for a home is around $1000 a year. So if you are saving $500 a year and your Solar System costs around $5000, well the math is simple. It would take 10 years to fully pay for itself.
These are rough numbers and it all depends on how much electricity you use and what size system you get. But as you can see, this is a pretty positive outcome, especially if your home uses a lot of electricity.
So we already can see the financial benefits to going solar Ballarat, but what about going green?
If everyone helped where they could, we can collectively keep our community clean. As you probably know, Solar produces zero carbon emissions so it doesn’t rely on pumping burnt coal into the atmosphere.
This alone will help you sleep better at night, knowing that you are part of the solution. You can also brag to your friends and neighbors about how much you are saving too!
Stats don’t lie, homes with solar power installed have a far higher sale price than those without. This alone is a strong enough reason to get solar panels for your home.
Often the resale value of the home far exceeds the initial investment.
So the previous rough math of how long it takes to pay itself off doesn’t even matter!
People are becoming more and more conscious about helping the environment. So for home buyers hunting around, they are going to be more attracted to a home with Solar Power. This will mean more interest in the home, thus putting pressure to the upside of the sale price.
Solar Ballarat - Final Thoughts
In conclusion, with Solar Panels, if you are able to answer the first question with a yes, ‘can I afford Solar Panels?’, then it’s a no brainer, you should absolutely get them.
Instant savings on your electricity bills, zero carbon emissions and increased resale value of the home. It’s pretty obvious what your decision should be!
If you need any help or guidance going solar, we are always happy and ready to help.
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