Why Solar Panels Are a Good Investment

Solar energy is a clean and renewable source of electricity that reduces your power bills. It also helps to reduce greenhouse gas emissions.

It’s important to vet businesses that will be installing your system. Many large volume companies are not Australian based and will make promises to secure your sale that they cannot keep.

Save Money

If you’re looking for a way to save money on your electricity bills, solar systems are a great investment. They not only help you save on energy costs, they also add value to your home or business. They are a clean and sustainable source of power that isn’t dependent on price spikes, political decisions or global events.

Most people find that a solar system pays for itself within five years, and even longer if you have a battery. But a battery is not the right choice for everyone. It’s important to understand how long a battery will take to pay for itself, as well as whether you are prepared for the additional cost of maintenance and monitoring.

Eligible low income households can swap their $285 annual energy rebate for a free 3 kilowatt solar system and other energy efficiency upgrades. The system will help them to cut their energy costs and unlock long term savings up to $600 a year.

Reduce Carbon Footprint

Solar energy is a clean, renewable source of electricity that produces no greenhouse gas emissions. It also reduces our dependence on fossil fuels, which are finite resources and prone to international turbulence.

Solar system installation can be one of the best ways to help you reduce your carbon footprint. If you have a high-quality system that’s properly installed, it can save you money on your electricity bills and offset your emissions.

Choosing a reliable installer like HCB can help you choose the best system for your roof, and ensure that it’s installed to maximise its performance. A good installer will take the time to understand your energy requirements, and only recommend the highest quality equipment.

Depending on your network area, you may be eligible for government rebates and other incentives to make solar more affordable. You can also consider a battery (if available), to further reduce your carbon footprint and increase savings on your electricity bills.

Increase Value of Property

Solar systems are a great addition to any home and have been shown to increase property values. It is estimated that a quality 5kW system can add up to $29,000 in value. Investing in a home energy system is also considered an environmentally responsible purchase and can offset your carbon footprint.

Eligible households in NSW can get a free solar system through the Small-Scale Renewable Energy Scheme (SRES). To apply, you will need to submit an application form at any Service NSW centre or online. The form requires information on your electricity consumption, house location and a copy of your Pensioner Concession Card or Department of Veterans’ Affairs Gold Card.

Many Lake Macquarie residents are choosing to go solar to save on their energy bills and reduce their carbon footprint. Solar panels provide a great return on investment and are easy to install in your home. They can even help reduce your reliance on electricity retailers.

Reduce Noise

Solar energy systems use solar panels to capture sunlight and convert it to electricity. Solar panel installation is a great investment for your home, as you can save money on electricity bills and reduce your carbon footprint.

Most of the time you’ll need Council approval to install solar panels, as they can affect the structural integrity and fire safety of your house. However, this requirement can be waived if the installation is part of a renovation or development project.

Generally, roofs should face north for maximum generation. This is because the sun’s rays are most direct in this direction. However, not everyone has a north-facing roof, so you can also benefit from a system that faces south or east. Just make sure your solar panels are not shaded by trees, as this will diminish your system’s performance.



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