Why go solar
Protect against rising energy costs. One of the most clear cut benefits of solar panels is the ability to hedge utility prices. By investing in a solar energy system now, you can fix your electricity rate and protect against unpredictable increases in electricity costs.
- Reduce your power bill
- Be kinder to the planet
- Move towards self-sufficiency
- Add value to your property
Reduce Your Electricity Bills
Regardless if you’re a homeowner, business owner, or nonprofit electricity costs can make up a rather large portion of your monthly expenses. With a solar-powered system, you will generate free power for your solar-powered system’s entire lifetime. Even if your solar system doesn’t produce 100 percent of the energy you consume, solar power is going to reduce your power bills and you will still save a lot of money.
Earn a Good ROI
When it comes to getting a solar panel installation, it is important to keep in mind that solar panels are not an expense – they are an investment. Solar panels have returns that rival those more traditional investments such as stocks and bonds. Thanks to the substantial electricity bill savings, the average New Zealand homeowner is going to pay off their solar panel installation in around eight to ten years and will see an ROI of 20 percent or more.
For Their Protection
One of the most obvious benefits of solar panels is going to be the ability to hedge power prices. In the past ten years, residential energy prices have gone up by an average of three percent annually. By investing in a solar-powered system, you can fix your electricity rate and protect against unpredictable increases in electricity costs. If you’re a business or a homeowner with fluctuating cash flow, getting a solar panel installation will also help you forecast and manage your expenses.
Increase Your Property Values
There have been multiple studies that have found that homes equipped with solar-powered systems have higher property values and are going to sell more quickly than homes without a solar panel installation. Appraisers are increasingly considering solar panel installations as they value homes at the time of a sale. As homebuyers become more educated about solar power, demand for properties with solar-powered systems are going to continue to grow.
Boost New Zealand’s Energy Independence
The sun is a near-infinite source of energy and a key component of achieving energy independence in New Zealand. By increasing our capacity to generate solar power from the sun, we can also insulate our country from price fluctuations in global energy markets.
The Environmental Benefit of Solar Energy
The environmental benefits of solar energy seem to be endless, and getting a solar panel installation is a great way to reduce your carbon footprint. A typical residential solar-powered system will eliminate three to four tons of carbon emissions per year. This is the equivalent of planting over 100 trees annually.
How exactly does solar energy reduce greenhouse gas emissions? The solar electricity that is being produced by the solar panel installation is completely emission-free. When you use solar energy to meet your energy needs, you reduce the demand for electricity from your utility. As a result, your utility plant emits less carbon when producing the power that is needed to meet the customer’s demand. Depending on the resources that your utility uses to produce energy, the impact of your decision to get a solar panel installation can be very significant.
Demonstrate Your Commitment to Sustainability
Sustainability and corporate social responsibilities are important components of an organisation’s culture and values. They are also going to produce bottom-line results. Increasingly, consumers and communities are recognising and rewarding businesses that are choosing to operate responsibly. Businesses are finding that “green” credentials are a powerful driver of consumer purchasing decisions, creating goodwill and improving business results.
Increase Employee Morale
Just like consumers, employees have a demonstrated appreciation for their employers’ commitment to operating responsibly. Companies that care about their community and environment tend to have lower turnover rates, more engaged employees, and higher levels of morale.
More and more companies are realising the social and economic benefits of solar energy. As early solar power adopters pull ahead of the competition, many companies are exploring solar power as a way to keep up.