Nowadays solar energy is gaining popularity throughout the world, thanks in many ways to the companies behind the development of photovoltaic cells that make up solar power systems used by individual homeowners and businesses alike. It’s an exciting time of innovation, development, and acceptance of solar power and it’s a pivotal time for the future of our planet and, indeed, our pockets.
Although solar energy is a renewable source of energy and therefore sustainable and environmentally friendly, the principal reason why so many people have taken to using solar energy is the money that can be saved. With the cost of living in Australia rising, it’s important to make savings where you can and to take steps to invest in a more stable financial future for you and your family.
Continue reading below to learn how you could save energy with AGL solar and save money by making the switch to solar power.
Save Constantly With Solar
Solar power allows people to save money on a constant basis by permitting them to become independent of national grid energy. By being able to rely completely, or at least mostly, on their own solar power system, solar users can slash their utility bills in half, and in some cases, eradicate them entirely. Once the solar panel system is installed there are no constant bills or costs that need to be covered on a frequent basis, therefore allowing solar consumers to avoid the rising costs of national electricity providers.
Due to the fact that solar power systems require very little maintenance in that they must only be sprayed down once annually, this also allows customers to save money on any maintenance or repairs that usage over time can necessitate, unlike with other electrical systems.
With solar energy powering a home or business, the owners don’t have to worry about the need for intervention, because the system maintains itself for long periods of time – there are no yearly revisions for photovoltaic cells. This reliability gives the consumer a sense of autonomy that is not available when using national grid energy.
Another way in which solar-powered houses and companies are able to consistently save is by providing a form of stability. The precarious nature of using national grid energy means consumers are subject to blackouts, rising prices, and other unpredictable factors which will impede their ability to save, whereas with solar power systems, people can save constantly by not being dependent on these persisting fluctuations.
What Solar Energy Gives Back
Other ways to save with solar energy come in different forms. For example, in order to promote the widespread use of solar power throughout Australia, the governments of different states offer various financial schemes or tax rebates that can help individuals and companies who decide to make the switch to solar. These economic benefits make the act of changing to solar energy more attractively cost-efficient.
Additionally, although initial installation costs can sometimes seem overwhelming despite recent price decreases, the usual turnaround on investment is quick for consumers. The return on investment is often well worth the initial payment because it is also an ongoing long-term return which is beneficial for both businesses and homeowners alike.
Also, feed-in tariffs paid by energy companies to solar power users, for the extra energy generated and ‘donated’ to the grid, allow users to either pay their existing bills for electricity used at night-time or to benefit from an extra income.
Is Solar Energy Cost-Efficient?
Each individual energy user must evaluate their situation, how much energy they consume and how much solar power could cost and save them, before deciding whether solar energy is cost-effective for each person. There are many solar power calculators online to help you with this task. However, as an overall look at solar power, the benefits and costs, it is safe to say that solar is fast becoming one of the most cost-efficient energy resources available.