Thinking about buying a solar system? Then more power to you. Investing in solar energy for your home or business is a roller coaster of an endeavor, but will be end up being a smoother transition once you get used to it. It is considered to be a long term plan that will end up being a smart investment over time.
The top perk of owning a solar system is spending less on electric bills. You become your own source of electricity when you begin to generate power from the sun, instead of from your electric company. You can save money for up to 30 years with the same new solar system up and running.
The cost of a solar system up front in very expensive, however. It may take years for home and business owners to break even from purchasing a system, but taking out a loan to go towards the system can soften the blow to your wallet. It may be discouraging to know how much money you will need to spend on a solar system considering you want it to reduce electricity costs, but remember that these systems can last up to 3 decades long.
Solar systems can also increase the value of your property. If you consider selling your home, solar systems would be attractive to homeowners who don’t feel they should spend the money that they do on monthly electricity and other utilities. They would also be more inclined to make that big purchase for as long as they don’t have to build their own system in order to use it for themselves. You can easily earn back that money with such a useful home add on like a solar system.
Energy plants and companies can actually pay you for your energy. That’s right! If you have 1000-kilowatt hours of power, you can sell it to electric companies in exchange for one SREC (Solar Renewable Energy Certificates). These certificates are worth around $300 each. These certificates are also awarded only to people and companies that meet renewable portfolio standards. You can still retain your SRECs after you move, so if you do, they do not disappear or go back to the entity that they originally came from. You can collect solar power in Brisbane, and still keep your certificates after moving to Alice Springs.
One unique feature about solar energy is its environmentally friendly effects are has. Solar energy minimizes carbon emissions, and will make companies less dependent on resource-heavy fuels like fossil fuel. Solar energy is a good alternative to power generation, in a time where we can’t afford to spend our precious resources, so it would not be very difficult to convince others why they should invest in solar energy.
However, finding companies that build solar systems is hard to come by. You might be able to find one firm that invests in solar power in Brisbane, but without more companies that can serve you, it will be harder to receive estimates to compare if there aren’t any other companies that serve in your area at the moment.
And of course, solar panels are not ideal for just any home or business. They need a big and safe space in order to collect sunlight and generate power. If you are considering putting solar panels on the roof of your home, find out whether or not it can hold panels without breaking or damaging the roof. The safer and obviously more accessible option is in your front of backyard.