Why Does a Solar Installation Make So Much Sense for the Average Homeowner?
With a relatively sluggish economy in place, it's more important than ever for you to be careful when you make buying and investment decisions, especially when it comes to your home. Nevertheless, you may be fed up with paying high rates for electricity and think that it's high time you explored other options, with solar being at the top of your list. Why could this be a good move for you in more ways than one?
Tariffs and Incentives
Australia is one of the top countries in the world when it comes to annual sunshine. It's little surprise that the government is so keen for homeowners to install a solar array on their roofs, and you should investigate the incentives available to you in your jurisdiction. Even though you will undoubtedly have to pay for some of the cost yourself, you can depreciate this expenditure over time and should also consider how much value it may add to your home.
In due course, you will want to put your property on the market so that you can move on. When you do so, make sure that you underline the benefits associated with a solar installation so that prospective buyers are very clear. Hopefully, they will still be able to take advantage of feed-in tariffs at that time, where the homeowner sells the excess power back into the grid.
The Importance of Batteries
Remember, if you are to take full advantage of a solar installation, then you need to have a means of storing the power generated during the peak hours. Most people are not at home during midday, and as a consequence, any power generated at this time may be automatically fed back to the grid. This is not a good scenario, as you may have to pay higher rates for any electricity that you need later on if you don't have a storage method.
Invest in battery storage so that you can use this valuable energy in the evening when the system is not generating anything, In this way, you can avoid buying in power from central providers. Do be careful when you choose a battery storage product, however, and pay attention to its usable capacity, overall lifespan and cost as three of the determining factors.
Always get a qualified electrician to help you install and commission your solar system. This will help you avoid any problems down the road and will make sure that you get full value from your investment.