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Installing solar panels, also called photovoltaics, on your home or property has many great benefits. One is the huge savings on your utility bills, while another is reliable energy independent of the grid, so you can keep your power on when accidents or severe storms knock out the grid.
With all the great government incentives and the exciting technological advances in recent years, it has never been a better time to invest in solar.
Let’s explore the benefits of having photovoltaic panels at your home.
1. Lowers or Eliminates Your Electricity Bills
Electricity prices have been on the rise in Australia, so we’re all looking for ways to reduce our utility bills. Installing EcoFlow Solar Panels is the best way to do just that. You could get a hybrid system using photovoltaic panels to lower your monthly electrical bills.
You may even be able to make money by selling excess energy back to the grid through the Feed-in-Tariff system.
Alternatively, you can get an extensive enough system with storage batteries to go off-grid altogether. Then, after the solar payback period, when the savings on your electrical bills pay for the installation cost, your electricity could be free for as much as 20 years.
2. Increases Your Home’s Market Value
Photovoltaics are a proven way to increase the market value of your home. In fact, according to Domain’s Sustainability in Property Report in 2022, homes with energy-efficient features, including residential photovoltaic panels as well as other energy-efficient features like better insulation and energy-efficient appliances, can sell for $125,000 more than less-efficient homes.
If you plan to use photovoltaics to increase the value of your home, be sure to choose the right panels for your roof. If your roof is unsuitable for photovoltaics, you could also do permanent ground installations using EcoFlow Rigid Solar Panels.
3. Energy Independence
Suppose you have an EcoFlow Solar Generator that includes a battery backup. In that case, whether you have a hybrid system or are completely off the grid, you can have the freedom of energy independence. You don’t have to rely on your energy provider or worry about them increasing your electrical rates ever again.
4. Energy Reliability
With energy independence also comes a very reliable energy source. If you have a battery backup, you will never have to worry about power outages from severe storms, bushfires, or accidents taking down the electrical grid again. Your lights will stay on when the rest of your neighbourhood goes dark.
5. Government Tax Credits and Incentives
With the rising cost of electricity and the looming climate crisis, Aussie governments are encouraging installing residential systems by offering tax credits and other incentives, some of which are widely available. In contrast, others will be unique to your local area.
For instance, most homeowners can take advantage of government incentives like the Australian Solar Rebate. Depending on the type of system you get, you could save thousands of dollars on the cost of your home solar installation. Add to that all the savings on your electrical bills, and now has never been a better time to switch to solar.
6. Reduce Your Carbon Footprint
We are all looking for ways to reduce our household carbon footprint. Since photovoltaics harness clean energy from the sun, they produce no greenhouse gases to make electricity. It allows you to significantly reduce your household carbon footprint, primarily if your home is currently powered by gas or coal, which have enormous climate impacts.
7. Low Maintenance
Unlike traditional fossil-fueled generators, solar generators require very little maintenance. The photovoltaic panels only require occasional cleaning to remove dust, bird droppings, or other debris to keep them operating at their maximum efficiency. The battery backup system has no moving parts to maintain, lubricate, or break down on you.
New LiFePO4 batteries also require no maintenance, as opposed to traditional lead-acid batteries, which can’t be discharged, require maintenance of their fluids and terminals, and require trickle charging in storage. Just store your LiFePO4 battery in an appropriate location, and it will be ready for use whenever you need it.
9. Innovative Technology
Photovoltaic efficiency is much higher than it used to be, generating more power from the same amount of sun than before. In fact, EcoFlow’s Solar Panels, such as the EcoFlow 400W Rigid Solar Panel, are in the 22-23% efficient range, at the top of current retail industry standards.
The storage batteries are also getting much better with the newer LiFePO4 batteries, which contain no rare or toxic metals, have far better energy density than lead acid, require no maintenance, and can be charged 3000 times or more before they start to lose capacity. Perhaps the best part is they are ultra-safe. Since they produce no fumes, you can bring them indoors, and they are not prone to the thermal runaway that their predecessors, the Lithium-ion batteries, were.
9. Secure Investment
Even if you are not planning on selling your home, installing photovoltaics on your home is one of the most secure investments you can make. You will start saving money as soon as they are installed, and your energy supply is no longer at the whim of market fluctuations that have caused the price of electricity to increase so dramatically.
In fact, after the solar payback period, your energy could be completely free! There really is no investment that is more secure than that!
10. Convenience
Photovoltaics also offer convenience that no other power source can provide. It is always there when you need it, regardless of the grid. However, the ultimate in convenience might be the fact that if you also get portable panels, you can pack those with your home’s portable power station anywhere! Whether you enjoy camping trips with your family or more adventuresome overlanding journeys, you can bring your energy with you.
Then, you can recharge your phones, laptops, lights, and appliances and keep everything running. You can even bring a portable air conditioner or heater to enjoy the great outdoors in luxury.
Frequently Asked Questions
Solar panels can reduce or even eliminate your household electricity bills and provide energy independence and reliability so that your lights stay on when the grid goes down. Investing in permanent installations on your home or land can also significantly increase the value of your home.
The main advantages of solar panels are the enormous savings on electrical bills, which the right-sized system can eliminate altogether. Also, since they harness clean, sustainable, renewable energy from the sun, you can reduce your carbon footprint and help lessen the impacts of climate change.
Final Thoughts
Photovoltaic panels can give you energy independence, a reliable power source, and peace of mind. If you have a battery backup, you will never worry about power outages again. That isn’t all; you can also significantly reduce your household carbon footprint and contribute to the growing numbers of eco-friendly homeowners worldwide who are making a difference in reducing the impact of climate change.
With all these great benefits, there has never been a better time to install EcoFlow Solar Panels.