Is Investing In Solar Really Worth It?

Adding a solar panel system to your home is becoming increasingly popular, with good reason. Solar energy is a renewable resource that can reduce your carbon footprint while providing significant savings on your energy costs. But is solar panels installation really worth the investment? Here’s what you need to know.

As explained by solar panel installers Perth, Here are 4 reasons why investing in solar is really worth it

Solar Energy is Clean

The sun is a clean energy source, and it’s available all the time. You can get solar energy from solar panels that convert sunlight into electricity. It doesn’t produce any pollution or greenhouse gases as coal or oil does. When you invest in solar energy, you don’t have to worry about harmful emissions from your power plant.

Solar Power Is Renewable

Solar power is renewable because the sun keeps shining every day. As long as there are no major disruptions in the climate, the sun will continue to provide an endless supply of clean energy for many years to come. 

No one knows how long this source of energy will last, but it could be hundreds of years before it runs out! This makes investing in solar power a worthwhile investment because your money won’t go to waste when you use it up over time.

Solar Energy Is Economical & Cost-Effective

Solar panels aren’t cheap, but they are worth the price if you plan on using them for a long time. The cost of installing solar panels on your home depends on several factors including the size of your roof and how much sunlight hits it; whether or not you plan on getting government tax credits; and whether or not you want to sell extra electricity back to the grid (if applicable).

There are also maintenance costs associated with owning a solar panel system which can vary based on brand and type of system being used as well as location and weather conditions around your home/property that may affect performance over time (i.e., snow cover during winter months). 

Cost Breakdown OF Solar Energy

However, these costs are typically low compared to other forms of electricity generation such as coal-fired plants that require more maintenance over their lifetime due to wear and tear caused by their high carbon output (which leads us to our next point). 

The average cost per kilowatt hour for residential solar systems ranges between 10-12 cents per kilowatt hour depending upon state regulations, incentives, and rebates (costs vary widely across states). 

That means that if you install a 5kW system with an average efficiency rating at $6 per watt ($30K) then it would take approximately 8-10 years for this investment to pay off after factoring in inflation/energy prices increases overtime plus interest rates paid on loans taken out for installation costs.

So, is investing in solar really worth it? In a word, yes. It’s not only good for the environment, but it can also save you money in the long run. Not to mention, with so many government incentives and rebates available, now is a great time to go solar. Ready to make the switch? Call a solar panel installer today!