The 4 Key Benefits of Opting for Solar Panels for Home

Are you worried about the rising electricity costs and erratic power cuts in your area? What if we tell you that installing solar panels for home can help you get rid of all your worries. Depending on the output capacity of your solar panels, you can run a variety of home appliances and electricals ranging from fans to tube lights to TVs to ACs to washing machines and more. And that by the way is just the tip of the iceberg. There are several other benefits too of installing a solar panel for home. Let’s take a look.

1. They allow great savings on monthly electricity bills.

One of the most important benefits of installing rooftop solar panels is that they offer great cost savings. That’s because the solar panels for homes use the Sun’s energy to produce electricity and the solar energy is completely free. So, if you have been paying hefty electricity bills or if your local grid supplier has been arbitrarily increasing the electricity rates then you must bring home a solar panel, today.

2. It offers a good return on investment

Solar panels for home not only help you save on your monthly electricity bill but they are also a good return on investment. The reason we say so is that it takes a few years for solar panels to break even. It means an average Indian household with solar panels recover their cost of purchase and installation within 4 to 5 years (the actual time depends on the monthly savings you make on your energy bills). Once you have recovered the initial setup cost, the monthly savings you make are the return that you make. More the longevity of your solar panels, higher the returns you make.

Pro Tip – Solar panel installation can help you increase your property’s value and also fetch you better rents as buyers/tenants are more interested in properties that have solar panels installed.

3. It helps reduce dependence on grid supply

Though energy production in India has ramped up during the last few decades, still there are several cities and villages that face issues of long and erratic power cuts. Installing solar panels is a great way to tackle this issue of unreliable or lack of power supply. The best thing about rooftop solar panels is that they harness the sun’s energy to generate electricity, and therefore, they can be installed in far lying areas where there’s no local grid supply.

4. They help ​​reduce the carbon footprint

Solar energy, as we know, is a greener and cleaner source of energy. Unlike, fossil fuels that emit carbon dioxide (CO2) which in turn leads to an increase in the carbon footprint,  solar energy does not produce any air pollutants or CO2. Another good thing about solar energy is that it is a renewable source of energy and it replenishes at a very fast pace. Fossil fuels, on the other hand, take millions of years to do so.

Last Few Words

During recent years, governments all across the globe have been encouraging their citizens to install solar panels. The Indian government is also taking several initiatives to encourage Indian households to go green. The government is also offering various subsidies on solar panel installation. If you want to reap the benefit of solar energy and also take advantage of the subsidies that the government is offering, contact a solar expert from a reputable solar products company such as Luminous India and find out what it takes to go solar.