There are many benefits to set up solar photovoltaic power that range from reducing the carbon footprint of your home and the annual cost of electricity, to minimizing the effects of the ever-growing cost of energy and creating an income that is tax-free for the coming 20 years. Furthermore, Solar PV panels and systems are simple to install with a guarantee that they will last for years and require little maintenance.
Learn more about the primary advantages of solar PV as well as the reasons it is the best choice for renewable energy.
Reduce your carbon footprint
Solar photovoltaic systems are eco sustainable, using sunlight to generate zero carbon energy. Additionally solar PV systems do not release negative CO2 (CO2) and other harmful pollutants and the majority of solar PV panels are constructed of silicon, which is derived from sand. It is among the earth’s richest natural resources.
Based on the location and the system you have, it is possible that you could produce as much as half of your annual electricity demands from renewable energy that could reduce between 700kg and 1 ton of CO2 annually (typical 2kWp systems).
Lower Your Energy Bills
The power produced by your solar panels Southend is free to utilize. The typical PV unit generates about half of all the energy that a household consumes throughout the year, meaning your energy expenses will be significantly decreased.
The electricity you consume is free as long as your system is producing electricity. You will be charged only for the electricity you consume when the panels aren’t producing electricity, like in the evenings or during the night. Additionally, if you’d prefer to go carbon-neutral or you’re not connected to the grid, you are able to store extra power in batteries to be used in the event you require it.
Inflation-Linked Tax-Free Inflation-Linked Income for 20 years
With the help of the government-backed feed-in tariff, when you decide to invest in solar PV, you’ll earn a and tax-free inflation-linked income for the coming 20 years. This incentive, which is designed to motivate home owners to put their money into renewable energy, will pay a fixed amount for every kWh of energy the system generates regardless of whether or not you are the one using the power or not.
In addition in addition, you’re entitled to an additional fee for each kWh of electricity you don’t use and then feed back to the grid. Find out more on the feed-in rate.
A typical system produces an ROI around 10%. It takes approximately 10 years to pay back your initial expenditure. After that, every cent you make through the feed in tariff is a pure income. In addition is that if inflation increases and the cost of electricity increases , your investment return is likely to increase.
Limit your reliance on electricity Providers
It’s not a secret that the price of energy has gone up dramatically in recent times and, with the decreasing availability of fossil fuels from natural sources and the increasing demand around the world This trend is likely to continue. Installing solar PV panels can help reduce the dependence you have of grid-supplied electricity as well as the big commercial energy firms, as well as minimizing the impact of increasing energy prices in the future.
Lang System Life, and Low Maintenance
Solar PV is an established and tried-and-true technology that was utilized on satellites for over 50 years back. Since the 1990’s with advancements on technology as well as lower costs it has experienced an explosion in popularity.
With a track record of success solar PV systems are very reliable and require only minimal maintenance because they don’t have moving components. A majority of solar panels are backed by the makers with a cell guarantee that lasts between 20 and 25 years. This combined with the long expected lifespan of the whole solar panel system indicates that your system is likely to provide you with energy at no cost for at the very least 25 years.
If you’d want to know the ways solar PV can work for you, give us a contact us to set up a complimentary on-site evaluation. We will provide you with an honest opinion on the viability of solar PV for your needs and we will create the most effective system that meets your needs.
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