An investment in solar electricity can provide you and society with several financial and environmental benefits. Solar panels will greatly lower your carbon footprint in terms of the environment. Solar panels are often cost-effective and can help you save money on your electricity costs.
Environmental benefits of solar panels
Solar panels have various environmental advantages. Your solar panels will provide clean, sustainable energy for your home once they have been manufactured. Over the course of its lifespan, a 6.6kW solar system will eliminate greenhouse gas emissions by more than 250 tonnes (Victoria, Australia). Solar panels prevent air pollution since they do not emit any pollutants during the production of solar energy.
Save money and reduce your electricity bills
In almost every case, solar panels are financially worthwhile, according to our research. A 6.6kW solar power system can save you anywhere from $1,200 to $2,000 per year on your electricity expenses. Solar panel systems have payback times as little as four years and as long as seven years on average. Solar panels can save you money for up to 25 years if you use high-quality components. Solar panels can save you more than $50,000 over the course of your life.
You get a rebate on your purchase
When you acquire a new solar system in Australia, you will be eligible for a solar panel rebate that can help you save money. Rebates can cut the cost of a new solar system by roughly $3,700 on average.
You get paid for your excess solar energy
When you export energy from your solar panels to the power grid, you will be compensated. Your electricity retailer will pay you a feed-in tariff for every kilowatt hour (kWh) of energy you export.
Do you have any more questions?
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