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5 Important Benefits of Investing in Solar Power Solutions

Posted By info@hybridenergyconcepts.com

The sun is truly amazing if you think about it. It is a constant explosion, held together by its mass, spewing precious energy to its surroundings. It has fueled the development of life on our planet through solar energy. It only makes sense that we harness it to power our lives. After all, we live such short lives on this planet; we need to think about the future of the human race. 

Solar power is one of the greenest and most sustainable types of power today. Taking energy straight from our beloved sun, this solution leaves a much smaller carbon footprint and holds the key to a cleaner future. 

That being said, how does solar power benefit you directly? If you have any doubts about investing in solar power, you are in luck. This article will talk about solar power at length. You can enjoy plenty of direct benefits from solar power, but before we discuss them, let us first talk about the two main types of solar power systems: grid-connect solar power and off-grid solar power.

Off-Grid Solar Power Solutions

Off-grid solar power systems, as their name suggests, do not connect to the main power grid. All the power is generated from the sun. At night, these systems will not produce any power. Excess energy during the day is stored in deep cycle batteries.

Due to their stand-alone nature, these systems are quite popular in rural parts of Australia and places where it is tough, if not impossible, to make electricity accessible.

Grid-Connect Solar Power Systems

Unlike off-grid solar power systems, grid-connect solar power systems are still connected to the main power grid. While the solar power system can still provide power, the system can revert to the primary power grid should interruptions arise, such as a sudden system failure or nighttime.

This type of solar power system is typically prevalent in urban properties—primarily commercial properties. These kinds of systems provide reliable power at all times, while the solar power system itself cuts down energy costs.

The benefits of investing in a solar power system

Now that you understand the two main types of solar power system, here are the advantages you can expect to receive from either solar power solution:

1. Generates income

Did you know that you can use solar power to generate some form of income if you use a grid-connect system? Such systems allow you to "give back" any excess energy to the grid. The energy provider will pay you a feed-in tariff for your contribution. Of course, this only happens if you have excess power, which involves an advanced system and lower consumption.

2. Lowers your energy bills

If your consumption is not low enough for your solar system to provide income, your system can still reduce your energy bills significantly. With the use of solar power, you will rely less and less on the primary grid for power. This goes a long way towards saving you quite a bit of money in the long run. You can also just as easily see this as income because any money you save is money you have earned.

3. Pays itself off in the long term

Solar energy solutions are no meagre investment in your home. While the cost of having a solar system installed has become a lot more affordable over the years, it is still quite an expense. Fortunately, all the money you put into the system will not go to waste. After a while, your solar energy solution will have paid itself off, and any money saved afterwards is money you earn—especially since power costs continue to rise. 

4. Access to government incentives

The government has invested a large amount of money into large-scale solar power plants. They also offer plenty of incentives to motivate investment in their solar power solutions. This includes STCs (small-scale technology) certificates that you can use to trade, which are based on the value of your solar power solution. With each STC, you effectively deduct the cost of the solar system, meaning your investment can be turned into a medium for trade!

5. Creates a cleaner, greener environment

We have repeated this a few times throughout the article, but we cannot stress just how essential this benefit is. After all, there is only one Earth, and we have to do our best to preserve it! 

With a solar power solution in your home, you guarantee a cleaner environment with neither pollution nor consumption of non-renewable resources. While there might be a small environmental cost to installing solar power systems, it stops there. It captures the sun’s energy and converts it to usable power, acting as an incredibly sustainable and eco-friendly energy solution. 

Conclusion

These are just some of the many benefits you can enjoy when you invest in solar power. Other benefits, such as strengthening the local economy by adding to community savings, are all great reasons to invest in solar energy. Solar power is essentially an investment that pays off in the long run, but pays off well.

Of course, the most significant advantage of utilising solar power is its financial benefits. Not only does it save money in the long run, but it can even act as a source of income, allowing you to spend less time worrying about energy bills and more time enjoying the money you save.

That being said, always remember that not all solar power solutions are created alike. Some will be more expensive than others, and some will perform much more effectively than their counterparts. Be sure to take the time to do your research on the manufacturers and providers of these solutions. They must be proven to be professional and reliable. This will guarantee that your system is worth your money and will provide you with power for years to come.

Hybrid Energy Concepts are experts in solar energy solutions, providing residential and commercial solar solutions to satisfy any solar power needs. Help us steer Australia to a greener future. Enquire with us today and receive the best solar panel solutions in New South Wales.