There are many advantages to invest in solar photovoltaic electricity to reduce the carbon footprint of your home and your monthly electricity bill to reducing the effects of the ever-growing cost of energy and creating tax-free income for the twenty years to come. Furthermore, Solar PV panels and systems are easy to set up with a guarantee that they will last and require little maintenance.
Find out more about the major advantages of solar PV Essex as well as reasons to consider it as the best choice for renewable energy.
Cut your carbon footprint
Solar photovoltaic systems are eco sustainable, using sunlight to create zero carbon-free electricity. Furthermore solar PV systems do not release dangerous CO2 (CO2) and other pollutant and the majority of solar PV panels are constructed from silicon that is made from sand. It is among the earth’s abundant natural resources.
Based on the location and the system you have, it is possible that you can generate as much as 50% of your electrical requirements from renewable energy sources which could save between 700kg and 1 ton of CO2 annually (typical 2kWp systems).
Cut Your Energy Bills
The energy generated by your PV system is totally free to utilize. The typical PV unit generates about 50percent of energy that a household consumes throughout the year, meaning your energy bills will be significantly diminished.
The electricity you consume will be free of charge in the event that your system generates power. You’ll have to pay for electricity you consume when the panels aren’t producing electricity, such as during the evening and in the evening. If you’d like to be carbon neutral or you’re not connected to the grid, you may choose to store any excess energy in batteries to use whenever you require it.
Inflation-Linked Tax-Free Earnings for 20 years
Through the government-backed feed-in tariff, if decide to invest in solar PV, you’ll receive a tax-free, inflation-linked income for the coming 20 years. This incentive, which is designed to motivate people to make investments in renewable energy sources, offers a set amount for each kWh of energy the system generates regardless of whether or not you are the one using the power or not.
In addition you also have the right to an additional fee for each kWh of electricity that you do not consume and then feed back to the grid. Click here to find more details on the feed-in rate.
An average system yields the return on investment around 10%. It will take approximately 10 years to repay the initial cost. After that, every cent that you make through the feed in tariff is income. In addition is that if inflation increases and the cost of electricity rises, your return on investment is likely to increase.
Limit your reliance on electricity Providers
It’s not a secret that the cost of energy has gone up significantly in recent years, and, with the decreasing availability of fossil fuels from natural sources and the growing demand across the globe This trend is going to increase. Installing solar PV systems can reduce your dependence on grid-supplied electricity and the huge commercial energy companies, while decreasing the impact of the increasing energy prices in the future.
A long system life and Minimal Maintenance
Solar PV is an old-fashioned and proven technology that was utilized in satellites more than fifty years long ago. Since the 1990’s, thanks to advances on technology as well as lower costs it has experienced an explosion in popularity.
With a track record of success solar PV systems are extremely reliable and require minimal maintenance since they do not have moving components. The majority of panels are guaranteed by the manufacturer with a warranty on the cell that lasts between 20 and 25 years. This combined with the lengthy expected lifespan of the whole solar PV array, implies that your system is likely to provide the energy you need for at the very least 25 years.
If you’d like to know more about how solar PV can be used to benefit you, give us a phone call.
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