We must admit it, our electricity bills are a headache and it puts a big hole in our pockets every month.
Being in a tropical country, we expect normal days to be hot and summer days to be scourging hot. This, then, spikes up our electricity consumption as we add more fans, turn on the ACs much longer, and fire up other appliances that would cool down our homes.
Luckily, with the abundance of sunlight we have, we can do things to lower our electricity consumption and pay less to private electricity providers. How so?
Solar panels are the answer! This sustainable source of energy makes your household independent when it comes to electricity and can save you loads of money in the long run. While it may seem to be a big investment at first, you’ll get to see its advantages when you compute its long-term use.
Is it practical to install solar panels? Let’s find out its advantages so you can decide.
It is cost-efficient
Needless to say, independence from private electricity providers will make you save money. According to the Department of Energy, installing solar panels can save you at least 30% of your monthly electricity bill (Rivera, 2021). You can use your panels for around 25 years so that’s 25 years worth of savings as well.
Solar panels improve your home value
Studies have shown an increase in home value as solar panels are installed. This home improvement is therefore an investment should you decide to sell your home in the future (Benefits of Solar Energy, 2021).
It reduces greenhouse emissions
Harmful greenhouse emissions have been a major contributing factor to the continuous warming of the planet. When you install solar panels to your home, you create the least damage to the environment because it requires little maintenance, it does not pollute the water, and it is a renewable source of energy.
No need to worry about electricity shortage and blackouts
When your system is not grid-tied, your home remains powered even when there is shortage or blackout. Having solar panels installed lets you store energy to be used whenever you need it (Benefits of Solar Energy, 2021).
Solar panels are flexible
In the market, there are numerous solar panel designs, with different shapes and sizes, some can even be bent. This makes it ideal to be integrated in your home design and other industrial uses (Rivera, 2021).
References
Benefits of Solar Energy for Your Home. (2021). Retrieved from https://www.bakerhomeenergy.com/residential/benefits-solar-energy-your-home
Rivera, K. (2021). 6 Advantages of Investing in Solar Panels. Retrieved from https://www.realliving.com.ph/real-estate/money-matters/solar-panels-advantages-a1792-20210608?ref=home_aside_luxe_living_5
Solar Panel: Does it Save Money for PH Home Owners? (n.d.). Retrieved from https://reliablehomebuilders.com/solar-panel-does-it-save-money-for-philippine-home-owners#:~:text=Yes!,bill%2C%20that%20is%20178%2C000%20PHP