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Go Solar & Save on Your Monthly Expenses – Here’s How

Author: Nitin Dhingra
by Nitin Dhingra
Posted: Feb 21, 2021

Solar energy is renewable, sustainable, and abundant. The cost of solar energy shows a downward trend year after year, which is why many homeowners and businesses prefer switching to this ecofriendly alternative of energy consumption. A lot of people still refrain from installing solar energy systems on their property, as they tend to believe it is too expensive.

The truth is, investing in solar panels in Sydney benefits you with great savings, so much so that it pays themselves off in a few years. Before we dive into the benefits of switching to solar energy, here's a little insight as to how solar panels work in producing electricity.

How Solar Panels Work?

The incoming sunlight received by your solar panels will be converted into direct current (DC), which is then transferred to an inverter. This inverter will be responsible in converting DC to alternating current (AC), which is what we use at homes and offices. It's simple, straightforward, and environmentally friendly.

But what if you're not home and the solar panels continue to produce electricity? Will it just go to waste? This is where you get highly benefited with what is known as Net Metering. When the Sydney solar panels produce more energy than required, the excess power will be sent to the grid. The user will be credited based on the amount of energy being exported. In other words, you are essentially selling electricity to the utility companies, so that the rest of the city can use it.

Net metering prioritises environment protection and clean energy production. And you get great returns on your initial investment as years go by.

Main Benefits of Solar Energy

-The first obvious benefit of switching to solar panels in Sydney is saving on electricity costs. Depending on the number of solar panels installed, you will be able to produce sufficient electricity for your house or commercial property. And as mentioned earlier, you earn extra by selling unused electricity back to the grid.

-The second important benefit is that it reduces your carbon footprint. Compared to conventional sources, the energy produced from a typical solar panel system reduces tonnes of carbon emissions every year.

-Installation of solar panels will increase your home value significantly. Buyers in the real estate market are happy to pay a premium for a house powered by solar energy.

-With Time-of-use (TOU) rates, you will be charged higher when you consume electricity during peak hours and end up paying hefty electricity bills every month. Not anymore! By using a solar battery, you can store the excess energy produced and use it whenever you want. Bid goodbye to TOU rates and expensive utility bills!

The future is bright with solar energy. Now is the time to make the switch and experience a great savings and a healthier lifestyle. Talk to a solar energy company offering solar panels for sale today.

The author is working in one of the recognised solar companies offering high quality Sydney solar panels at competitive prices. In this article, he explains how solar energy reduces your monthly expenses. For more information, visit https://www.solarpathnsw.com.au/

About the Author

The author frequently writes about renewable energy and its benefits for her readers on various blogsites.

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Author: Nitin Dhingra

Nitin Dhingra

Member since: Jun 01, 2020
Published articles: 30

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