Solar power systems have become popular worldwide because of their potential to save a lot of money off rising power bills for homes and businesses, as well as shift our current dirty and expensive energy generation to a clean and affordable way. In Australia solar PV and solar hot water systems are widely used in almost all aspects of the community; from powering homes, offices, buildings to government offices and public places.

The benefits and economic viability of a solar panels and solar hot water systems outclass any other renewable energy technologies so far. As well as the dramatic drops in manufacturing costs and increases in efficiency in the last couple of years, its flexibility also makes it very favourable. Solar panels have the ability to be scaled from massive solar farms to small systems for home use and everything in between.

Because of the guaranteed income returns, long life and low risk solar power provides. Large scale solar projects are considered to be one of the wisest investments that large corporations can make.

Saves You Money

A typical 1.5 KW solar panel system for home use can save you over $450 on energy bills annually even without the federal government’s schemes.Savings depend on the system size and where you are located but it is possible to fit a 3-4KW system onto many homes which can completely eliminate the bill of an average household.

Current payback times are 5-7 years, which means that with a 25 year lifespan your solar investment now will be something that saves you a lot of money for a long time.

Reduces Carbon Emissions

The bulk of Australia’scarbon emissions are produced from coal fired power stations. By using renewable energy sources like solar panels you can save up to 3 tons of carbon annually (using a 1.5 KW system) similar to the emission of driving your car over 45,000 kilometres.

Adds Value to Your Property

 Home buyers today are becoming more concerned about energy efficiency and environmental impacts as well as having a buffer from rising costs of living. Installing solar panels to your home is the one home improvement that will start to pay for itself immediately, and will also add at least its purchase price to the value of your property. More importantly it will give you a degree of certainty that you are secured from future energy price hikes.

Convenience

Solar panel systems are the most convenient among the lineup of renewables. The system has no moving parts so maintenance is a breeze, and it generates no noise or any unpleasant emissions while generating electricity.

The system can last for more than two decades and is very reliable with minimal degeneration. The panels are also durable enough to withstand extreme weather conditions, even a hailstorm.

Lastly, the system normally comes with a smart meter that allows you to monitor the panels’ energy output and allows you to import or export of electricity as needed if you are connected to the grid.