Uratom explains the Advantages of the Solar Rooftop System as follows –
Environmental Advantages By Solar Rooftop System
By installing a solar panel in your house or maybe for commercial purpose, you do not get only a monetary advantage, but it is also sustainable. Hence this way, you are contributing to a better future by decreasing the carbon footprint by growing your energy. The dependency on fossil fuels will be least with overall less pollution and clean air.
Solar systems depended on the sun, which is a natural resource and is universally available free of cost without harming anything; hence solar panels are the best options to make the earth green and sustainable.
We Indians believe in saving money for the future; it is in our blood, so we generally invest in conventional methods. For instance, investing in bonds, shares, SIP, and many more ensure long term advantages. One such modern way of saving is investing initially in solar systems.
With a solar power system, you can generate free power for the system’s complete 25+ year lifecycle. Even if you do not produce 100% of the energy you consume, solar will decrease your utility bills. Also, you will still save a lot of money.
To get the best financial advantages by placing a solar roof top, always contact an experienced solar panel companywhose experts will help get maximum benefits.
Energy Backup Security
Due to global warming, the change of climate and weather is frequent these days. Because of which there is rain, wind flow even strong storm surges sometimes. Due to unexpected changes, there can be a breakdown of electricity and can cause huge losses. The reason behind this is the stoppage of manufacturing units and various other machines.
If you have solar panels installed with battery backup storage, it will help you save interruptions and problems.
Off-grid solar panel has huge energy security capacity, but it comes with high cost, while on grid solar panel comes with less battery backup but quite affordable.
Utility Credits You For Solar Power
On grid solar system owners can receive credit for transferring electricity into the public utility grid. Then they use these credits to balance their electricity bill. The utility’s net metering policy knows such an agreement. It sets the rates at which inter-connected solar customers buy and sell electricity.
Here the grid acts as energy storage for the solar owner, banking the power they generate and use it later. The utility company then tracks your meter and record your net energy use. So, they can credit your account based on overall usage.
Increase In Property Value
Solar power system increases home value by 3-4%. It is seen that homes are equipped with solar energy systems to have higher property values and sell more quickly than non-solar furnished homes.
Having a solar panel in the home will increase the value of the property. Furthermore, it makes it more sellable compared to other similar properties on the market.
With time buyers are becoming more educated about solar, demand for properties equipped with solar power system will continue to grow.
Tax Benefits By Solar Rooftop System
Investors in the solar installation are now eligible for accelerated tax depreciation during their financial year in which the formation of the solar panel is taken place.
Even the income fromsolar energy can be exempted from tax for the next ten following years. Though this provision is subjective as per the norms.
The monthly expense for electricity bill may vary as per the seasonal changes in winters. It may decrease or even increase due to heaters and summers. It will charge AC high cost, which is not constant.
In the case of solar, you have a fixed investment ever month. If it is on grid, you will also gain credits by month-end.
One can generate energy for many years with minimum running costs but with a long term smart decision. Once a solar power system is installed, all you need is insurance and annual maintenance on your panels.
Need more reasons to go for a solar system? Concat us! Our experts will help to find the best match as per your needs!