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Benefits of Installing Solar Panel in Residence

Benefits of Installing Solar Panel in Residence

Everyone is tired of paying their electricity bills every month, especially with the fluctuating price of electricity. In this global era, everyone is adopting eco-friendly methods and moving towards renewable sources.

Installing solar panels in your house looks like a big decision but it can work out as the best decision for your home. Here are some reasons for you to go for solar energy.

INCREASE YOUR SAVINGS

The first and foremost benefit we look for is our profit; installing solar panels in your house will free you from regular electricity bills. The solar panel will generate electricity for you and supply it to the building. This means that you will not be taking any energy from the grid. Solar panels will produce enough electricity for you to rely on. You don't need to worry about the energy disturbance in the grid.

INCREASE THE VALUE OF YOUR PROPERTY

You will be amazed to know that installing solar panels on the rooftop of a house can increase the value of your property by 3-4%. It makes your house more equipped and improves its reputation for the real estate agent. While selling your property, you also may get the initial installation cost. It will also keep your roof secure from climatic damage.

ONE TIME INVESTMENT

The solar panel may look like a huge investment, but it is for sure that this is a single time investment. You will get the returns for a minimum of 25 years without any additional expenditure. They require no major maintenance or care. They are also adaptable to climatic conditions and experience no wear and tear. They just require some dusting.

EARN TAX CREDITS AND REBATES

Talking again about the huge cost of installing solar panels makes you confused. But you must know that government provide 30% of the subsidy and rebates on the installation of a solar panel for residents or corporates. The Ministry of New and Renewable Energy has set target of 40 GW of power through rooftop solar by 2022.

REDUCE CARBON FOOTPRINT

The solar panel creates energy with the help of sunlight and does not emit any harmful gases in the process. It has very less risk of pollution. It also does not make any irritating sound or smell. Thus, it reduces carbon emissions. You will be serving yourself as well as your environment.

MULTIPLE USES

Solar panels not only fulfil the requirement of electricity but there is a variety of uses of solar energy. It can supply hot water in your building or heat water. Sometimes it is also used to keep the house warm or send harmful air in winters. People also use this to run their generators.

Disclaimer: The information presented here is for general information purposes only and true to best of our understanding. Users are requested to use any information as per their own understanding and knowledge. Before using any of the information, please refer to our Privacy Policy and Terms and Conditions.


  • Created on Apr 18, 2022
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