In a cluttered world of energy suppliers and soaring costs, solar power offers a greener and more cost-effective future. While the upfront cost may seem daunting at first, going solar is a smart investment that can pay off in the long run. Solar isn’t just for high income households. For many Australians, it’s more attainable and affordable than they realise. We show you why going solar, is more affordable than you think.
Offsetting the installation cost of solar
Who isn’t feeling the cost of living? The soaring cost of traditional grid electricity has prompted many Australians to find solutions that protect them from these exorbitant prices. Going solar allows homeowners and businesses to generate their own power and reduce their reliance on grid electricity. The savings gained from lower energy bills is often offset against the initial installation costs of going solar.
Government incentives and rebates
The great thing about solar in Australia, is that more often than not, the government is incentivising the uptake. From the Small-scale Renewable Energy Scheme (SRES) providing financial assistance in the form of Small-scale Technology Certificates (STCs), to feed-in tariffs, and tax incentives too, there’s options to assist with the cost of installation and provide ongoing energy bill savings. Explore key rebates and incentives here.
Affordable financing options
Recognising the demand for affordable financing, there’s various third party institutions that offer flexible payment plans and financing loans for those going solar. These options allow homeowners and businesses to get started on their solar journey today, without straining their budgets. Get to know more about solar financing options here.
While the initial investment may seem significant, going solar is a long-term investment that can yield substantial returns for you. Solar panels can have a lifespan of up to 25-30 years, during which time they reduce energy bills and in some cases, increase your property value too (more on that in a moment). We break down how to calculate the long-term costs savings of a solar system for you here.
Increase in property value
Investing in solar isn’t just beneficial to the environment and your wallet, chances are, installing going can also increase the value of your property. Solar-equipped homes are increasingly sought after in the real estate market due to their energy efficiency and potential for reduced energy bills. Buyers are willing to pay more for homes with solar, offering a tangible return on your investment. We take a look at the demand, property valuation and selling your home with solar here.
Technological advancements make solar systems more affordable
Technology is constantly evolving and improving. In the solar space, this means that solar systems are becoming more efficient and solar panels are becoming more affordable. Panels are designed to maximise output while minimising costs. Plus, with the development of hybrid systems and battery storage solutions, homeowners and businesses are able to store their excess energy and draw from this as needed – offering an even greater return on investment.
From incentives and rebates, payment plans and solar loans, to offsetting costs and long-term savings, it’s certainly more worthwhile than ever to go solar. Let us help you harness the power of the sun, and be on your way to a brighter financial future. Call us on 1300 4 SOLAR.