The summer seasons has just concluded here in Australia. While most people reminisce their fun-filled summer moments, some are thrilled by the amount of solar energy they were able to collect through their solar panels. Now they have entire storage of solar energy to use during emergencies or if they want additional power. SA solar systems are a great way to offset your energy costs, reduce your home’s carbon footprint, and provide a host of other exciting benefits.
Are you looking to install solar panels on your home? You definitely should! Here are three of the benefits that you’re going to get:
Reduce (Or Eliminate) Your Energy Bills
This benefit is amazing. By utilising a free resource which is solar energy, you can potentially establish a reliable source of electricity that can either reduce your monthly energy bills or eliminate them when you go off-the-grid. However, keep in mind that to take benefit of this, you need to make sure that your location gets a lot of sunshine a year.
It doesn’t make sense to get solar panels if your area is always cloudy or gloomy. If you’re lucky enough to live in a sunny location, then you can take full advantage of the sun by installing solar panels at home and harnessing your source of energy.
Earn Tax Credits & Rebates
As if a reduction of your monthly energy bills is not enough, you also get tax rebates from using solar panels as well. Here in South Australia, you typically get 30% of your total system costs back from equipment and installation as federal income tax credit once you file your taxes. What this means is that you can save up to $7,500 on SA solar systems worth $25,000. Combine this with your state and other local rebates and the total costs can be cut in half. How great is that?
Start Saving Right from The Beginning
You might already notice that the main benefits that solar panels provide are savings. That’s because it does save you a lot of money in the long run. You can start saving right from the first day of using your solar panel system. Let’s put it this way – the average annual energy bill of an average Australian house is $10,000. By using solar energy, you can potentially go off-the-grid. That means you can save money on your monthly bill and possibly repay your solar system in a matter of three years!
After you’ve fully compensated your solar panels system, you can switch back to your local utility provider, while still using your solar system and get as many savings as you can on your monthly energy bills moving forward.