Today, the world has come a long way, with the advent of new technologies, we have found many things that are useful for our daily needs. But most of the things we’ve got as a result of the spread of this technology are not so eco-friendly, and the use of which is increasing globalization. That’s why the whole world is fully inclined toward renewable power consumption. Australia is also emerging in this race as a leading generator of renewable energy by its effort to move forward towards sustainability.
The federal structure of Australia has proposed a target to the installed capacity of renewable energy which they want to achieve by the end of 2024.
The welfare of embracing solar energy is well registered by homeowners. Beginning with the savings of monthly electricity bills up to 80% and in promoting a sustainable society, going solar has been evident as a magnificent investment for homeowners across the country.
Due to the full accessibility of solar energy that the accession of “residential solar installation” has fattened at an impressive rate in the nation. (roughly: – rising from a capacity of near about 5 MW in 2008-11 to over 5000 MW in 2017-20).
As a homeowner, I believe that you must have evaluated the privileges first before going for a set-up. An expensive purchase behest with which you have to live for 25-years, it will be well-judged to do thorough research before making the move. Let’s find out those points that emphasize the welfare of the “residential solar installation” in our society.
• Helps in cost savings.
One of the great welfares of the “residential solar installation” is that it provides a better cost savings means. If you contrast the traffic rates of rooftop solar with the industrial and commercial tariff rates you will notice that it is much cheaper nearly 17% to 27% respectively. In many residential sectors here, rooftop solar induction is earning grid parity. For a homeowner like you, solar accession to the rooftop will give you maximum help in reducing your electricity bill. These solar panels are much more capable of meeting your daily electrical needs so you don’t have to rely on the grid.
• Investment in this product is very much secure.
As time goes, the cost of electricity is continuously rising. Therefore, the calculation of the electric expenses for a significant period is very much arduous. Whereas the price of electric generation by solar rooftops can easily be calculated. Honestly, one could calculate the cost of generating electricity for another 10 years. Hence, it is a safer investment.
• It augments access to energy.
Despite the power deficiency of Australia is decreasing speedily, but still there are certain sectors in the rural and urban areas where people have improper and unreliable access to electricity. For this reason, these people have to rely on other alternatives such as diesel generators. These resources will cause detrimental effects on health and are volatile in terms of their operating costs. In these cases, solar energy will act as a cheap source of electricity. To produce electricity rooftop solar panels, harness the power of the sun, that are eco-friendly. Moreover, their operation cost is very much stable than others.
• Encourage by the government.
The government has recommended tax credit schemes to encourage people to adopt solar energy and to install them on rooftops whether residential or commercial. According to the federal structure of renewable energy, the government provides a good amount of subsidy percentage as the cost of solar installation to the installer.
• Lower carbon footprints.
By harnessing the solar rays solar panel produces electricity. Therefore, the risk of pollution is very much lower than the conventional sources of energy. Dissimilar to a generator, while operating it doesn’t make any noise and doesn’t emit harmful gases in the environment. Moreover, it is an excellent font of energy that combats climate change. So, solar panels installed on roofs is ideal as it lowers down carbon footprints.
Therefore, these are the amenities of “residential solar installation“. After going through this article, I hope that you will understand the necessity of installing solar panels. Then do not wait to install it right now and create a benchmark for a better environment.