Residential Solar Power Benefits
Save Electricity Bill Costs
Probably the biggest advantage of solar energy is immediate electricity bill savings. No matter how small your installation, you begin receiving smaller monthly bills from your local utility company – from Day 1.
With a renewable energy source like solar, you only have to draw electricity from the grid when you need it. And since you’re only paying for what you use from the grid, you'll save on your electricity bill. Plus you'll generate power for years to come, sometimes, even decades
Sell excess power back to the grid
Depending on where you live, solar panels not only help you save on your electricity bill – they can also generate passive income. When your system generates more electricity than you need to use, that additional power is fed back into the grid. By doing this, you might be eligible for a feed-in tariff.
Increase the value of your home
Because solar energy helps you save on your electricity bill, it’s an investment that pays for itself many times over the 25+ year lifetime of your installation. Most European solar module manufactures provide a 25 year warranty but the PV module lifespan can be as much as 40 years.
But the advantages of solar power extend well beyond electricity bill savings. Solar power can also fetch you a much higher asking price when it comes time to sell your home.
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