There are many benefits to set up solar photovoltaic power that range from reducing the carbon footprint of your house and your monthly electricity bill to minimizing the effect of ever-increasing energy costs , and earning an income that is tax-free for the coming 20 years. Furthermore, Solar PV panels and systems are easy to set up with a guarantee that they will last for years and require little maintenance.
Learn more about the major advantages of solar PV and the reasons it is an ideal renewable energy option.
Reduce your carbon footprint
Solar photovoltaic systems are eco green, utilizing sunlight to generate zero carbon energy. Additionally solar PV power systems do not release negative CO2 (CO2) and other pollutant and the vast majority of solar panels are constructed from silicon that is made from sand, which is one of the planet’s richest natural resources.
Based on the location and your system, it’s likely that you can generate at least 50% of your electrical requirements from renewable energy sources which could save between 700kg to 1 tonne of CO2 annually (typical 2kWp systems).
Lower Your Energy Bills
The energy generated by your PV system is totally free to utilize. The typical PV unit generates about half of all the energy that a household consumes during the year, which means your energy bills will be significantly decreased.
All electricity you use is completely free in the event that your system generates electricity. You will be charged only for electricity you use during times when the panels aren’t producing electricity, such as in the evenings or in the evening. If you’d prefer to go carbon-neutral or you’re not connected to the grid, you may choose to store any excess power in batteries to be used whenever you require it.
Inflation-Linked Tax-Free Inflation-Linked Income for 20 years
With the help of the government-backed feed-in tariff, if decide to invest in solar PV, you’ll receive a inflation-linked tax-free income for the coming 20 years. This incentive, which is designed to motivate people to make investments in renewable energy sources, offers a set amount for every kWh of power that your system generates regardless of whether or not you are the one using the power or not.
In addition you also have the right to an additional amount for each kWh you don’t use and feed back to the grid. Click here to find more details about the feed-in tariff.
A typical system produces an ROI around 10%. It will take approximately 10 years to pay back your initial expenditure. After that, every cent you make from the feed-in tariff is a pure income. In addition If inflation increases and the cost of electricity rises, your return on investment will increase even more.
Reduce Your Dependence on Electricity Providers
It’s not a secret that the price of energy has gone up significantly in recent years, and, with the decreasing availability of fossil fuels from natural sources and the growing demand across the globe This trend is likely to continue. Installing solar PV panels can help reduce the dependence you have on grid-supplied electricity and the huge commercial energy companies, while decreasing the impact of the rising energy costs in the coming years.
A long system life and Minimal Maintenance
Solar panels Southend are a proven and tested technology that was utilized in satellites more than fifty years back. Since the 1990’s, thanks to advances technological advancements and reduced costs it has experienced huge growth.
With a track record of success solar PV systems are very reliable and require only minimal maintenance since they do not have moving components. A majority of solar panels are backed by the manufacturer with a cell guarantee that lasts between 20 and 25 years. This combined with the long anticipated lifespan of the entire solar PV array, indicates that your system is likely to provide you with energy at no cost for at least 25 years.
If you’d want to know the ways solar PV can work for you, give us contact us to set up a complimentary on-site evaluation. We will provide you with an honest opinion on the viability of solar PV and design the best system that meets your needs.
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