Rundown of Solar Power Benefits

If you have decided to make the switch to solar power then it is probably one of the wisest home improvement decisions that you’ll ever make. It is more than a source of financial freedom from the burden of high electricity costs; it also brings holistic benefits to the environment, to the country and to your family.

How your family will benefit-

Economist and energy experts predict that the high electricity cost today (generated from fossil fuels) will surge even higher in the next couple of years. The law of supply and demand explains why; as the population grows the demand will continue to increase, and the supply cannot keep up as most of the reservoir are depleting rapidly. Installing solar panels on your roof will leave you with the peace of mind of knowing that you will financially buffered from the worst of these effects. Recent studies and surveys show that a typical home system is able to reduce electric bills by half and even more in some parts of Australia. It is a great investment as your solar system will pay for itself completely within 5-7 years and give you up to 25 years of free power from the sun.

Economic Benefits-

Renewable energy investment gives any country great potential for increased economic stability& independence. Firstly, countries that are not blessed with oil or natural gas reserves will no longer need to import. Secondly, every progressive country is embracing renewable energy sources such as solar power because its huge investment potential is being recognised, as well as its ability to create new industries and 1000’s of new jobs and increased employment opportunities. In fact, for the past 2 years the solar industry has already paved the way for hundreds of new businesses in Australia, and the numbers continue to climb as the technology progresses.

Environmental benefits-

Carbon emissions has been a worldwide issue for several years now and global warming has become accepted as a fact that we can no longer ignore, but it is only recently that we really have had the ability to make a difference. Switching to clean renewable solar power instead of dirty, expensive carbon producing fossil fuels will reduce significant amounts of existing carbon in the atmosphere, and thereby reduce the accumulating effects of global warming.

Currently China and the United States are the top carbon emitting country and their governments have recently made major commitments to carbon reducing initiatives. All responsible governments will follow suit, but right now it is everyone’s commitment and social responsibility to do their fair share for the common good. There are many ways your family can go green, and installing solar panels is one way that will benefit you AND the environment.