Our world runs on solar energy. It powers our phones, lights and other electronic devices. Solar energy is a clean form of energy that doesn’t emit harmful gases or chemicals into the air like fossil fuels do. With residential solar systems Melbourne installed on your home, you can harness the sun’s rays to power your appliances and save money on your electric bill while doing so!
Get a more predictable electric bill
Solar panels generate electricity during the day, but it’s not used until night. That’s because you don’t need electricity during the day! All of your appliances and lights are off, so they don’t consume any electricity.
This is why most homes with residential solar systems Melbourne have batteries that store excess electricity generated by solar panels during the day to be used at night when you have to use more energy for air conditioning and other purposes.
This means that people with solar panels can expect a more predictable electric bill each month than those without them because they will always be using what they produce in addition to buying from their grid operator if necessary (depending on where they live).
Earn electricity credits through net metering
- Net metering is the process of selling back your excess solar power to the grid, so you can earn credits on your utility bill.
- How much do you get paid? This varies from state to state, but it’s typically around 11 cents per kWh (kilowatt hour).
- How long does it take? It depends on how much electricity you need and produce—the more electricity your system produces in a given month, the more credits you’ll earn.
- Should I do this? If net metering makes sense for your situation and budget, then yes!
High Return On Investment
If you’re considering a solar panel system for your home, the obvious question is: Is it worth it? The answer is yes.
Saving money on electricity costs is not the only reason to invest in solar panels. In many cases, you can recoup the investment within 8 years and increase the value of your home by up to 10%.
Residential solar systems are great investments because they pay for themselves quickly — typically within 6 to 10 years.
Conclusion
When you consider the benefits of solar, it’s easy to see why so many people choose to go green. Not only does going residential solar systems Melbourne save you money on your electricity bills, but it also gives you a better return on investment than any other energy source out there.
If you’re thinking about installing solar panels on your home, here are some reasons why they might be worth it this summer (and every other season).