Five reasons you should consider solar electricity providers in Australia
Looking into alternative energy options for your home? Here are five reasons you should consider solar electricity providers in Australia.
For people in Australia, solar panels can be a wise investment. Australia is known for its abundant sunshine, producing ideal conditions for harnessing solar energy.
Additionally, electricity bills in Australia are among the highest of any country. Solar energy can help to significantly lower these bills. Moreover, the Australian government provides incentives to customers who install these systems – further helping consumers make the most of the deal.
It’s essential to carefully consider your energy needs – here are five reasons you should pick a solar electricity supplier in Australia.
1) Expect great tax benefits
Here’s how you can expect tax savings. Investing in solar energy could result in considerable tax benefits. The Australian Government offers a rebate of up to $2,000 for each kilowatt of capacity installed.
Furthermore, some states and territories provide additional incentives or rebates, with New South Wales offering a rebate of up to $3,000 for solar panel installations. These government-provided benefits may help offset the installation costs associated with going solar, but hurry as these incentives may be ending soon.
2) Solar energy is a reliable source in Australia
Solar energy is reliable, especially in Australia, which receives enough sun throughout the year. It is a sustainable resource that is not subject to the whims of the weather. Australia is blessed with lots of sun, so it makes sense to consider installing solar panels there. Homeowners can take advantage of 3,000 kWh of sunlight per year.
Solar panels degrade over time due to UV exposure and harsh weather conditions; however, their lifespan is still significantly higher when compared to other countries that don’t get as much sunlight as Australia. For this reason, many people now consider getting energy from solar electricity providers and installing solar panels at their residential and commercial properties.
Note: When deciding on a solar energy plan in Victoria, it’s essential to consider not just the solar feed-in tariff in VIC, but also the energy rates. High feed-in tariffs may be beneficial for households that export a large amount of excess solar energy. Ultimately, it depends on your individual electricity usage and which plan would best suit your needs.
3) It lowers your long-term expenses
Investing in solar power is beneficial because of long-term cost savings. Installing a photovoltaic system on your roof eliminates future electricity bills and saves you money over time. The upfront installation costs may appear somewhat higher, but the long-term benefits far exceed these costs, making solar panels a worthy investment.
4) You don’t have to spend a lot on maintenance
Solar panel systems require minimal maintenance for a long period of time. Moreover, high-quality brands are designed to weather any conditions and typically have warranties ranging from 15-25 years. As there are no moving parts, solar panels have minimal wear and tear.
The inverter might need replacing after a decade or so, but these costs are usually less than 20% of the overall system price. All you need to do is get these solar panels inspected every few years if they are installed on a residential or commercial property. This will help you fix any issues with the filtration system early on.
5) It increases the valuation of your home
Property owners looking to increase the value of their real estate should consider investing in a solar system. Yes, solar panels add value to homes, and Origin Energy’s survey found that 77% of Australians think the same.
In addition, 57% of homeowners said they would pay up to $10,000 more for a solar-powered home, this is not bad given you can redeem the costs in five years or so.
Installing solar energy has many benefits
Installing solar energy and finding a great energy plan has several appealing benefits, making it a great option for homeowners and businesses. With solar energy, you can save money in the long run, and contribute to a greener environment. When switching to solar power, make the most of the solar feed-in tariffs and choose the right electricity provider.