The best time to go solar and make a positive environmental impact is now!
Solar power is no fad. As of June 2021, more than 2.86 million solar systems have been installed in Australian homes, with a combined capacity of over 22.3 gigawatts. Solar power accounted for 21.7% of Australia’s total power capacity in 2020 and is estimated to reach 47.56% by 2030, with photovoltaic capacity surpassing 80 gigawatts in the next decade.
Aussies now rely on the sun to operate their power-hungry air conditioners, dishwashers, and even small appliances such as toasters and hair dryers. These numbers indicate that more and more Australians are enjoying the benefits of solar energy.
The most compelling advantage of switching to solar power is that you will save money on electricity bills. In some cases, households are completely wiping out their power expenses.
Outside the home, solar also delivers environmental benefits through 100% clean, renewable energy that reduces our carbon footprint. Just let it do its thing and watch your savings grow.
What are the benefits of switching to solar energy?
Those are three of the most obvious advantages of solar power, but below are a few more that you should consider when deciding to make the switch:
- Potentially save thousands of dollars each year
- Take advantage of government subsidies
- Reduce carbon dioxide emissions
- Consume 100% clean energy
- Increase the value of your property
- Say goodbye to rising electricity prices
- Keep up with modern technology
A properly installed solar system will save you money. The amount will of course vary based on the size of your PV system, where you live, and your power consumption habits. For example, a small household can save over $40,000 for a standard 3-kilowatt solar system that can last up to 20 years. Depending on your circumstances, you could save the same amount or even more.
There are plenty of solar calculators online that can help you figure out how much money you can save based on your electricity usage and the rated capacity of your solar system. You can also ask a local, trusted solar installer such as Aztech Solar for expert input before you purchase a system.
The Australian Government offers a solar rebate, which is a subsidy on solar installations to make PV systems cheaper to purchase. There are also special subsidies offered to low-income earners and pensioners that make solar panels more affordable. For example, you could possibly purchase a $6000, 6-kilowatt system for only $3000 after the solar rebate from the government.
Other incentives such as feed-in tariffs could also pay you for unused electricity that your solar system gives back to the grid for others to use.
Climate change is real, and many Australians are well aware of the perils of global warming and the importance of cutting back carbon dioxide emissions. Some homeowners choose to go solar for the sole reason of reducing their carbon footprint.
Australian families generate 18 tonnes of greenhouse gasses each year on average, but with a 5-kilowatt solar system, a household could eliminate over 8000 tonnes of greenhouse gasses per year. Imagine the collective environmental benefits from solar power if an entire community makes the switch.
Every time we consume electricity, there is a cost to the environment. Take a hot shower, watch TV, toast bread, turn on the air conditioner – all of these involve burning fossil fuels and, therefore, expel harmful greenhouse gasses into the atmosphere. When we power appliances through solar energy, however, there is zero carbon impact, aside from a small amount during the initial unit production. What we get from the sun is 100% clean energy.
Multiple studies have shown that properties with solar systems sell at higher prices compared to other homes in the same neighbourhood. One particular study in 2015 suggested that a solar system can increase the overall value of a home by 3 to 4%.
A house with a 5-kilowatt solar system could sell for an additional $30,000 – not bad considering that you probably invested only $5000 for your solar installation.
In Australia and worldwide, the rising prices of electricity have been a burden for consumers. A solar array that covers your household electricity needs means that you no longer have to put up with fluctuations in power rates.
Advanced solar systems now come with batteries that can store hours and hours of electricity. As such, even during cloudy days, you’ll be able to turn your air conditioner full blast. The inconvenience of blackouts also becomes a thing of the past, no matter what time of day the power goes down.
While coal and gas are still significant sources of energy, these technologies are becoming obsolete. Modern methods of generating electricity will soon make old school tech obsolete.
In the not-so-distant future, homes without a solar array would look odd. Updated building codes might even require solar power on newly built dwellings. Soon enough, solar-powered homes will become the norm, and grid technology will, in turn, adapt to this.
By going solar now, you ensure that your property is ready for the future. Solar technologies will obviously improve down the line, but if you install a solar array today, your system will already be set for the arrival of new tech and make upgrades cost-effectively.
Still not ready to make the switch? Get expert advice from Aztech Solar
For many residential property owners, the benefits of saving money and saving the planet are already enough reasons to go solar. But when people see the long list of additional advantages, that is when prospective solar clients truly embrace the technology.
Who does not want free electricity? Free power for life is hot news! But some people are taken aback by the upfront costs of a solar installation, which could be high without green loan financing. The good news is that you can get all your investment back in a few years and enjoy cheap or even free electricity for the next 20+ years.