The sun provides energy that is turned into thermal or electrical power when it shines. The sun produces enough energy every second to cover the Earth’s needs for 500,000 years. So, enough energy reaches the earth in one hour to power society, which is achieved through solar panel systems.
Solar energy is the most environmentally friendly and commonly available renewable source of energy. It is a limitless resource that has no adverse effects on the environment. Fortunately, India has some of the best solar resources in the world. Continue reading to learn more about the advantages of going solar and why go solar.
Solar power may harness the sun's energy for a variety of purposes, including the following:
- Generation of electricity,
- Creating a pleasant and relaxing environment,
- Heating water for a variety of purposes in the home, business, industry, and much more.
Top 9 reasons to go solar
People all over the world are benefiting from the advantages of a solar system. As per statistics, approximately 92.7 billion solar panels are in use globally. Vast solar energyadvantages have been found by homes, company owners, and organizations during the last several decades. Here are the top 9 reasons why people must go solar.
- Environmental leadership
Renewable solar energy demand is real and expanding in our country and all over the globe. Customers, tenants, and potential workers are suggesting and making the firm's owner consider an environmental policy and commitment to sustainability while making a decision. Solar energy, unlike fossil fuels, does not emit hazardous chemicals into the atmosphere. To combat the use of fossil fuels in generating power, it replaces them with renewable energy sources such as oil, gas, and coal industries that go solar to help expand and implement carbon-cutting renewable energy technology, which helps to create a more sustainable world.
- Good return on investment
When a company makes a significant financial investment, it is imperative that it generate a high return and have a short payback period. Solar arrays typically have a payback period of 3 to 6 years, depending on the size of the system and the type of financing used. All the financial benefits and savings after that payback add considerably and directly to your ROI.
- Reduced operating costs
Reduced energy prices are one of the most popular reasons for going solar. Solar panel systems generate enough energy to offset your typical electricity consumption, lowering or eliminating your electric bill. You'll have more money to spend anywhere or make house upgrades.
- Tax advantages
Compounding the savings from reduced energy expenses, the federal and state governments offer tax incentives to encourage property owners to install solar energy systems. With the Income Tax Credit and accelerated depreciation, a proprietor with a suitable duty status can cut system costs by over 50%. A company that goes solar might opt to spread the benefit throughout the life of the system or apply it retroactively to previous tax years.
- Energy cost stability
You manufacture your power and protect yourself from potential electricity price increases if you have your own solar panel system. Every day, the sun shines down on your solar panels, generating electricity. This can drastically cut or perhaps eliminate your electricity bills.
Because your solar panel system will last roughly 25 years, you will save a lot of money over time. You'll continue to save money, while people who don't have solar energy will have to pay higher power bills.
- Improved property values
Solar-panelled homes have been selling more than comparable properties without solar power. Even if you're thinking of going solar but aren't sure if you'll be able to install it, don't throw it out just yet. It might be worthwhile to put money into it.
- Reduced carbon footprint
The most obvious and well-known benefit of going solar is that you will produce no waste. This is also true because it requires no maintenance and has a significantly longer lifespan than other energy-production devices. As a result, you won't have to throw away old equipment or contribute to further pollution of the environment. Solar panels are also incredibly sturdy and can withstand all types of seasons. To reduce your carbon footprint, solar panels are the most effective way to do it.
- Limited maintenance
Solar panels, like any other equipment, require routine maintenance and cleaning to function at their full potential. Day-to-day maintenance, on the other hand, is almost non-existent. This means it will be less of a hassle for you, and you will be able to devote more time to your family, business, and financial savings. An expert solar developer can help you maintain your solar PV system to get the most out of it.
- Flexible financing options
Commercial enterprises can choose from a variety of flexible financing options, including various financial organizations that provide financial planning solutions with minimal to no upfront charges. Some of these choices just need a little down payment or none at all. This project will be easier to finance if you have a financial strategy.
Whether you have the finances to pay cash and buy it altogether or need to lease it for 20 years, anyone who wants to go solar may find a financing solution. For commercial enterprises, there are a variety of flexible financing alternatives available, including those that require little to no up-front expenditures. Modern financing solutions give beneficial possibilities for firms and organizations of all sizes, regardless of available money or tax capacity.
Although solar power is not a new technology, it is not as extensively known or utilised as one might believe with the solar energy advantages. Forget about paying the utility to generate electricity for your home or business; make your electricity and take a step toward a cleaner, greener future.
Waaree Store is here to assist you in finding exactly what you're looking for! Waaree has India’s largest solar PV module manufacturing capacity and is a global manufacturer too. Purchase the highest-quality solar products at Waaree and go environmentally friendly