Thinking Of Switching To Solar? 6 Reasons Why You Should

Unless you have been living under a rock, you would’ve noticed the news about a significant increase in wholesale and retail electricity prices. In fact, all the companies in the power industry have been talking about a significant increase in electricity tariffs in the coming years. 

The chief executives of some power companies have said that Australian consumers should expect a rise of at least 35% in retail electricity prices in 2023 due to an immense increase in wholesale energy costs and the global supply crisis.

In short, the cost of living is about to go up significantly as a rise in electricity prices always has a cascading effect. It also presents an opportunity for you and if you have been thinking about finally adopting solar, now is the time!

Here are a few more reasons why you need to embrace solar power today:

1). Prices are lower than ever

Installing solar panels is cheaper than ever. Due to an immense increase in demand and supply, solar panel prices have come down significantly. Also, federal and state governments have been offering a whole lot of incentives in the form of rebates, discounts, interest-free loans and feed-in tariffs to further bring down the cost of solar power system installation.

Today, you can get a reliable and durable solar power system with a capacity of 6.6 kW for around $6,500 after rebates and discounts though prices vary depending on the location.

2). Go green

Solar energy is a renewable source of energy and is a much better alternative compared to fossil fuels. By adopting solar energy, you will not only save money but will also help in keeping the planet green.

3). Save money

As discussed above, electricity prices are expected to rise at least 35% in 2023 and may continue to rise even further. By switching to solar you will be able to save a lot of money, and your system should pay for itself within 4 to 5 years. 

Since solar panels have a performance warranty of at least 20 years, you will continue to enjoy free power for at least two decades with such a small investment.

4). Almost zero maintenance

There is a misconception that a solar power system requires a lot of maintenance. Modern systems are much more robust and apart from cleaning the panels once in a while, you don’t really need to do much. 

Just call a qualified technician to take a look at the connections and wiring once every 12 months and there is literally nothing else you need to do to keep your system running at optimum efficiency.

5). Long-term warranty

All the solar panels being sold in Australia come with a performance warranty and an expected lifespan of around 25 years which means you do not need to worry about the long-term performance of a solar power system.

6). Enhanced property value

Another big advantage of installing solar panels is that it increases the value of your property. Do not forget that the electric vehicle revolution is already here and Australians are switching to electric vehicles in bigger numbers. 

Many car manufacturers have either already introduced a slew of electric vehicles or have announced plans to introduce EVs in the near future. When you have your own solar electricity generation system at home, you won’t need to spend any money on charging your car.

Final Thoughts

Overall, retail electricity prices are expected to jump significantly in the coming years. This essentially means that your cost of living will go up significantly due to the cascading effect of rising electricity prices and one of the ways for you to keep your living costs in check is to invest in a solar power system.

Modern solar power systems are affordable, durable, reliable and safe. The government also offers a number of rebates and other incentives to enhance the adoption of solar electricity but those rebates are set to lapse in 2030. This is why you should seriously consider switching to solar power today.

GCR Electrical Systems Leading Solar Provider in Hervey Bay

GCR Electrical Systems is the leading provider of solar power and electrical services in Hervey Bay. We have decades of combined experience in the design, repair and installation of solar power systems. Get in touch with us to learn more about the advantages of solar power and how it can help you keep your living costs in check.

Please contact us today on (07) 4120 7004 or leave an enquiry.