You might be wondering why you should consider installing Residential Solar Panels Perth in your home. After all, they’re expensive, will they pay off in the long run and how will they impact the environment? These are all valid questions. However, if you’re looking to lower your monthly utility bills, reduce your carbon footprint and savings that you can put toward other goals, they’re also the perfect reasons why you should consider installing residential solar panels. Let’s take a look at why it makes sense if you’re interested in lowering your utility bills, reducing your carbon footprint and having other savings that you can put toward other goals.
You Can Save Thousands a Year on Utility Bills
Installing solar panels in your home is one of the best ways you can lower your monthly utility bills. Let’s say you install solar panels on your roof and have a 7kW system. That will generate enough energy to power approximately 6500 square feet of living space in your home. If the average cost of electricity per kilowatt-hour is $0.10, then you will save over $7,000 annually on your monthly utility bills alone! These savings could be used to put towards other goals like college tuition or retirement funds.
You Can Reduce Your Carbon Footprint
One of the best reasons to consider installing solar panels on your home is that they can help you reduce your carbon footprint. When you install solar panels, they produce energy and don’t emit any pollution. This is because they are harnessing the sun’s energy using photovoltaic cells and converting it into electricity. In addition to reducing your carbon footprint, solar panels also reduce global warming by reducing reliance on fossil fuels.
You Have Savings You Can Put Toward Other Goals
With a solar energy system, you not only save money on your monthly utility bills but also have an investment that can generate savings in the future. You can also use those savings to fund other goals like buying a new car, investing in your retirement or even paying off your mortgage.
There Are Tax Incentives to Help You Finance the Install
Installing solar panels in your home is a great investment. However, there are tax incentives to help you finance the installation. Installations after December 31st, 2016 qualify for a 30 percent tax credit. Solar panel installations before that date are still eligible for a 20 percent tax credit. This means that you can save up to $10,000 on your project without owing any taxes on it! Additionally, if you’re looking to sell your home or go solar again in the future, this is also good news! If you install solar panels now and sell within 10 years of installation, then you could get a tax credit for up to 30 percent of the cost of installing those panels! It doesn’t stop there either; if you sell your home in 5 years and have installed solar panels before then, you could get an additional 10 percent credit on top of what’s already been claimed!
You Can Learn About Renewable Energy and Contribute to the Community
By installing Residential Solar Power Perth, you can learn about renewable energy and contribute to the community. Installing solar panels in your home allows you to help create a more sustainable future. By learning about renewable energy and contributing to the community, you can help reduce the greenhouse gas emissions that cause global warming. Solar power also reduces pollution by creating cleaner air and water because it’s generated from the sun, which doesn’t emit any dangerous pollutants into the atmosphere. And finally, solar power doesn’t need fossil fuels or nuclear energy sources. It’s 100% clean energy!
Conclusion
Going solar is a great way to save money and reduce your carbon footprint. You can get solar panels installed on your roof or on the ground and start saving money right away. You can also set aside money for a solar-powered car so you can reduce the number of cars you own and not have to worry about gas. Plus, by doing your part for the environment, you’re doing your part for your future.
