Almost all of us are now aware of the benefits of using solar power and hesitate to call the professionals due to the high initial costs. There is abundant sunlight to ensure you can effectively use solar panels to generate electricity to power your homes and businesses.
The number of firms offering such services is also on the rise. The number of people opting for solar panels in 2021 also continues to rise. The Australian government also offers a rebate for solar panels; this is still offered in 2021 hence consumers can still save on the installation and on their electrical bills.
This article provides more information for those considering switching to solar power in 2021 and wondering are solar panels are worth it?
Is it worth it to install solar panels in 2021?
It is estimated that one in every five households in Australia has a solar system installed on their roof. This is due to the increase in awareness of the economical benefits and how it helps reduce the carbon footprint as well. It is still a good idea to switch to “Solar Power” in 2021, in fact, for those wondering how much does solar power costs, the prices have seen a drop too. Listed here are a few benefits of making the switch:
●Consumers will have to spend less on their energy bills; in fact, they might be able to eliminate it altogether.
●The cost of installation can be reduced by taking advantage of the government rebate.
●This is a good way to safeguard yourself against the rise in the cost of electricity.
●It helps one gain energy independence. This is very beneficial in case of a storm or power outage when you do not need to rely on the main power grid to keep your lights and appliances on.
●This is a good method of reducing your carbon footprint and ensuring you are doing your bit to remain environmentally friendly by using eco-friendly products.
●The maintenance cost of the panels is also low and their lifespan is over 20 years.
Who is Eligible for the rebate on the solar system for the home?
The Australian government is currently offering a rebate for solar panels; this is valid in 2021 as well. It is available to both property owners as well as those renting a property. However, there are several conditions one needs to fulfil in order to qualify for the rebate.
Listed here are some of the conditions for one to be eligible for this rebate:
●The taxable income of the household should be less than $180,000 per year.
●It is possible to take advantage of this offer only once.
●The system you select should need to be one that is pre-approved by the government.
●The value of your property should be under $3 Million.
●In case you have a solar PV system already installed, you are not eligible.
Tips to install residential solar panels in 2021:
Homeowners can take advantage of the rebates as well as the tax credits being offered by the government. Consult the professionals about installing a solar system for home. It is a good idea to ask your friends or family members for references for a good solar panel installer.
They have the expertise to advise on the feasibility of installing a solar panel on your roof. The installation process will not take more than 3 days. Solar systems are here to stay and there have also been several technological advancements as well. It is worth installing in a solar panel system even in 2021 especially since they are getting more affordable.
Feature Photo by Nuno Marques on Unsplash