Solar energy is the lowest cost way of generating electricity making renewables an attractive option for investors
Advantages of Solar Energy:
Reduce or eliminate your electric bills
Electricity costs can make up a large portion of your monthly expenses. With a solar panel system, you’ll generate free electricity. Solar will reduce your utility bills and save you a substantial amount of money even if you do not produce 100% of the energy you consume.
Protect the environment
Solar is a great way to reduce your carbon footprint. A typical residential solar panel system will eliminate three to four tons of carbon emissions each year—the equivalent of planting over 100 trees annually.
Return on your Investment
Solar panels aren’t an expense – they’re one of the best ways to invest.
Avoid rising energy costs
One of the main benefits of solar panels is the ability to hedge utility prices. In the past ten years, residential electricity prices have gone up by an average of three percent annually. By investing in a solar energy system now, you can fix your electricity rate and protect against unpredictable increases in electricity costs. If you’re a business or homeowner with fluctuating cash flow, going solar also helps you forecast and manage your expenses.
Improve the value of your property
Studies have found that homes equipped with solar energy systems have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly taking solar installations into consideration as they value homes at the time of a sale, and as homebuyers become more educated about solar, demand for properties equipped with solar panel systems will continue to grow.
Demonstrate commitment to sustainability
Sustainability and corporate social responsibility are important components of an organization’s culture and values. They also produce bottom line results. Increasingly, consumers and communities are recognising and rewarding businesses that choose to operate responsibly. Businesses are finding that “green” credentials are a powerful driver of consumer purchasing decisions, creating goodwill and improving business results.