7 Signs That Tell You To Invest In Solar Energy
Are you considering getting solar power for your home or business? How will you know that you actually need it?
Every business owner and the nonprofit manager wants higher profit margins and lower operating costs.
But what’s the biggest or most unpredictable expense many businesses would like to get rid of?
If you said the electricity bill, a light bulb may have lit up over your head.
Replacing your traditional energy provider with solar power will shrink or eliminate your electricity bills.
Those who switch to solar will have lots of good things to say about it, and you may start to wonder if it’s time for you to install a solar panel system to power your home or business.
Here are the 5 signs that you need to invest in a solar energy system for your home or business.
1. South-facing Roof Space
You have plenty of south-facing roof space. If the section of your home facing south features plenty of roof area, that’s a sign that you could be gathering a very large amount of solar energy from the sun’s rays.
2. Endless Paying Monthly Fees for electricity
For most people, this is the number one reason. Why pay for something that you can get for free? A lot of people are put off by the costs of having solar power installed, but have you ever checked how long it will be before it starts paying for itself? The average payback is only 6 years and Solar panels have actually been shown to produce electricity for over 30 years.
3. Our Nature Calling You To Save The World
Solar energy is a natural and renewable source of energy which can eliminate the usage of fossil fuels that are high contributors to pollution around the world. Eliminating pollution is a necessary step in saving the environment. Eliminating pollution will slow Global warming which can potentially destroy the planet.
4. It’s Time To Add Value To Your Home
Multiple studies have shown that homes with solar panel systems are valued and sold at prices above similar homes in their area. They also tend to sell twice as fast as the competition.
5. Solar Panel System Is Now More Cheaper Than Before
Solar energy is becoming much cheaper all over the world according to a GTM Research study by solar analyst Ben Gallagher. He predicts that the price of constructing solar power technology will decrease by 4.4 percent each year, meaning that by 2022 the price of projects will have dropped by 27 percent. This decrease in cost is causing more countries to adopt solar power as a viable means of supplying energy.
6. Need To Earn Extra Income While Helping Our Environment
To encourage the continued expansion of solar, governments, utilities and other organizations offer solar tax breaks, Net Metering and financial incentives to make solar more accessible for today’s homeowners. As a result, you can lessen the net cost of your solar panel system by anywhere from 30 to 50 percent.
7. Unreliable Electric Power Supply
If you need electricity to operate your business (and who doesn’t?) unreliable electric power supply can prove harmful in terms of lost productivity. At home, it’s just a big nuisance that stops you from having hot meals or using your TV or computer – and of course, sitting around in the dark is kind of boring. That’s not to mention other kinds of blackouts caused by heavy weather, electric storms and so on. Keeping a generator on standby is expensive, and running it is even more so, but solar power is very reliable and requires little maintenance to keep it going.