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Australian-made On-grid and off-grid energy storage systems
from Maleny Grapevine Community News and Maleny District Sports Club Results for the period to 05.05.2023
Solar power has several benefits. First and foremost, solar energy is a renewable energy source that is capable of producing heat, generating electricity, and causing chemical reactions. Below are some additional benefits of switching to solar electricity:
• Cost savings: Financial returns and lower monthly utility bills are major incentives for going solar. The exact savings you will see with solar depends on the following factors: electricity consumption, solar energy system size, whether you purchase or lease your system.
• Energy savings: Solar energy can provide homeowners with significant energy savings. By using energy generated from solar, homeowners can reduce their dependence on the grid and lower their energy bills.
• Environmental benefits: Solar energy is a clean and renewable source of energy that produces no greenhouse gas emissions, air pollution, or water pollution. By going solar, homeowners can reduce their carbon footprint and help to protect the environment.
• Increased home value: Installing solar panels on a home can increase its value. According to research, homes with solar panels installed have higher resale values than homes without solar panels.
• Long performance warranties: Solar panels typically come with long performance warranties, ensuring that homeowners can enjoy the benefits of solar energy for many years to come.
At this time, it is estimated that residential customers on standard retail plans could face price increases from July 1st, 2023 of around 19.5% to 23.7% depending on their region and whether they have controlled load. Small business customers could face price increases of around 14.7% to 25.4% depending on their region.
This makes installing a solar system financially a more beneficial decision.
Investing in solar panels and energy storage systems can present a significant upfront cost, so it’s prudent to establish a long-term view on how your system can work for you in years to come.