Solar Panels are solely dependent upon the energy of the sun to generate electricity.
Many of us believe in saving money for the future, so we try our best to invest money in traditional methods such as bonds, shares, and SIP as they assure long term benefits. Investing in solar panels is considered to be the modern way of saving money. From reducing your carbon footprints to minimizing your annual electricity bills, solar panels for home play a key role in minimizing the impact of your ever-rising energy costs and generating a tax-free income for the next 25 years.
We have listed reasons stating that what makes solar panels for home the best investment choice:
1. Cut your Carbon Footprints
Solar photovoltaic systems are environmentally friendly, as they use sunlight to produce zero-carbon electricity. Solar panels for home do not release any harmful carbon dioxide emissions or other pollutants. The majority of the photovoltaic solar panels are made with the help of silicon, which comes from sand, one of the earth’s plentiful natural resources. Solar panels are an ideal choice if you want value for your money.
2. Reduce your Energy Bills
The electricity which is generated by your solar PV system is completely free for you to use. An ideal solar PV system produces roughly around 50% of the electricity a household needs in a year. Therefore, your energy costs will be reduced to a great extent. Any electricity that you will use will be free when your system is generating power- you will be only paying for the electricity that you use when the solar panels are not producing electricity, especially during peak load hours. As you will not be connected to the national grid, you can choose to store excess electricity in batteries for use whenever you need it.
3. Limit your Reliance on Electricity Suppliers
It is not a hidden fact that the price of energy has risen sharply over the last few years. With the decreasing supply of fossil fuels and an ever-rising demand for natural resources worldwide, this trend will continue for generations to come. Installing a solar PV system will eventually reduce your dependency on grid-supplied electricity and large commercial companies while minimizing the rising energy prices in the years to come.
4. Ensures Long System Life with Minimum Maintenance
Solar PV is a tried and tested technology which has been used for over 50 years. Since the 1990s, with improvements in technology and lower prices, solar panels for home have experienced massive growth in popularity.
A comprehensive PV solar system requires less maintenance, as it has no moving parts. Renowned brands like Luminous offer panels with a cell warranty of25 years, and this is coupled with the overall lifetime of a PV system, which means that your installation will provide you with free energy for the next 25 years.
These are some of the reasons that make solar panels for home the best investment choice. Climate change and environmental impact have been a major cause of worry for most governments across the globe. If we don’t minimize our carbon footprints, we are not only destroying the planet, but we are also putting the lives of our future generations at risk. Well-known brands like Luminous offer an extensive range of solar panels for homes that comes with Advance EVA Encapsulation. The panels have an anti-reflective coating for more light absorption. It offers the best-in-class conversion efficiency.
To reap these benefits, go solar today!