The cost of solar power is going down, and the efficiency of solar panels is going up. This means that now more than ever it’s a great time to invest in solar energy for your home or business. However, why is solar in Hervey Bay becoming so popular?
Many people don’t understand the benefits of solar power. There are misconceptions about what solar can do for you. We want to clear up these myths so that you can make an informed decision about whether or not solar is right for your home.
If you want to learn more about solar, then please continue reading our article below.
1. Solar Panels Are More Cost-effective Than Ever
The cost of solar panels has decreased significantly over the years, making them a more feasible option than they have ever been. Solar panels are now cheaper and easier to install than ever before because their technology continues to become more advanced as time goes on.
Even though these factors make it seem like installing solar is no longer worth any consideration due to increased prices, studies show that in 10-12 years your initial investment will be paid off if you decide not to pay for electricity from traditional sources during this period.
2. Low Environmental Impact
Solar panels are not only more environmentally friendly, but they also provide a larger return on investment when compared to other types of energy.
Solar power has the lowest environmental impact because it does not produce any toxic emissions that could be harmful for humans and wildlife alike. This is unlike traditional fossil fuel sources such as coal or gas which can emit smog-forming chemicals into the air, as well as large amounts of carbon dioxide into Earth’s atmosphere causing global warming and climate change.
Traditional fossil fuels are the leading causes for damage to our planet’s ecosystem including habitat destruction and water pollution, with toxins known to flow downstream contaminating marine habitats along lakes/rivers, particularly as a result of a severe storm or excessive rain.
3. Never Pay For Electricity Again!
Different people have different reasons why installing solar panels is probably the best decision of their lives. Some do it because they care about our environment or want to help save money on electricity bills in the long run.
If you install solar panels, you will never pay for electricity ever again! Solar power is cheaper and better for the environment than fossil fuels that produce energy from coal or natural gas. As a result, you’ll be putting less carbon emissions into the atmosphere by switching over to renewables like solar energy and save a ton of money by not relying on traditional power from the grid.
What’s more, you can actually earn money by feeding your access solar energy back into the grid using the feed-in tariffs system. It has never been easier to cut down your electricity costs and earn money by doing so!
4. Government Tax Credits
For those of you who may be considering a solar panel installation on your home or business, the Australian government offers an attractive tax credit for doing so! With our electricity prices increasing and other sources becoming more expensive due to climate change, it’s important that we take advantage of resources like these.
In recent years Australia has seen record-breaking heat waves resulting in increased demand for energy and higher power bills. That’s why installing solar panels is a smart move because they can help reduce household costs by up to 25%. In addition, if installed at work, then companies are rewarded with 30% from the federal government as well as $1/day per employee towards their retirement fund.
Solar energy offers many benefits and is quickly becoming more popular. There are a few factors involved in this trend, but the main one seems to be concern for the environment. As people grow concerned about their carbon footprint, they may turn to solar power as an alternative.
Whether you’re looking to save money on your electric bill or want to do something good for our planet by using renewable resources, installing solar panels can help you achieve these goals!
Please contact us today at GCR Electrical Systems on (07) 4120 7004 if you have any questions about solar in Hervey Bay, or leave an enquiry if you would like more information about our solar installation services.