Savings from your electric bill
The electricity that comes from the grid comes from power plants which we pay to generate it. Solar energy comes from the sun and is free. All you need is the contraption that will enable you to harness it and plug it into your house.
On average, solar panels can cut your electricity bill by around 25%. However, this depends on numerous factors including the efficiency of the system and your rate of consumption.
You will use it for a long time
Solar panels may look delicate and fragile but they are actually very robust. They are basically built to be as strong as your roof itself. Solar companies have developed them to withstand tough weather including strong winds, heavy downpours, and even hail.
Most systems have a lifespan of 25 to 30 years. This gives you more than enough time to cover the cost of your investment. Make sure that you get your panels from a registered provider that upholds international standards as cheap versions tend to depreciate faster.
Easy to maintain
Aside from its long life span, solar power systems require very minimal maintenance. Unlike cars, ventilation systems, and water valves, solar panels do not involve any moving parts. Their construction and operation are relatively quite simple and therefore less prone to wear and tear.
To be safe, it is recommended to have your system checked by a technician at least once a year. Aside from this, the most you would likely need to do is rinse the panels whenever they collect dust or sweep off leaves and other debris when needed.
It increases the value of your property
Installing a solar power system is considered an upgrade and will very likely increase the net worth of your property. Such a feature is taken into account by appraisers when you have it assessed for selling.
Different surveys and studies reported that solar panels can boost the house’s value by an average of 4.1%, climbing up to 14%.
You get tax exemption
As support to citizens who embrace sustainable energy and in a bid to alleviate the shortage in power supply, the UK government has granted VAT exemption for solar panel installations. This was made into effect last year and will remain applicable for the next five years or until March 2027.