There are a number of ways how you can transform your homes into a green hub, some may need slight home modifications and some may only involve behavioral modification. All green retrofits are essential in saving money on energy bills and reducing your carbon footprint but right now solar PV panels shines even if the sun isn’t.
Major Benefits
Installing home solar panels benefit you in countless ways and even your neighbors! A typical 1.5 KW solar panels in Queensland can slash your electric bill by as much as $450 every year simply by using less electricity from the grid and savings can increase if you will sign up for the state’s generous feed in tariff scheme and or install the maximum allowable system size of 5 KW. The system is also considered as one of the most eco-friendly technology today and an average household with installed PV’s can save an average of 2 tonnes of carbon each year.
Given the very low prices of photovoltaic today and hefty government rebates and incentives, return of investments are expected in a little less than 5 years and with a general lifespan of 20 to 25 years, solar panels will save you money for many years to come.
Other Benefits
Australia has long been solving peak energy consumption, especially during noon and afternoon when everyone is using their air-conditioners. Decentralising energy generation can solve this problem especially through solar panels. The massive surge of consumption is directly proportional when the system is working at its full potential reducing high energy imports that helps regulate electricity prices not only for you but also for non solar users.
Photovoltaic panels also offers positive insulation effects, in study conducted by students of UC San Diego Jacobs School of Engineering thermal imaging showed that buildings with installed solar panels are cooler than those without. The panels act as a barrier from direct sunlight and the reduced heat that penetrates your roof is regulated through the accumulated air flow in the cavities between your roof and the system. The study revealed that heat can is reduced by as much as 38% therefore minimising the need for air-conditioners which in time saves you more money.
Green retrofits such as photovoltaic are also beneficial in real estate deals. Apart from aesthetic and location energy efficiency is now given high regards before buying a property, It has been proven that houses and other properties with installed PVs sell faster at a higher price than those without.
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