What are the main Benefits of installing Solar Power in my Home?

Published: 16th May 2011
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Solar Power is a renewable,climate friendly power source. Find out how you will benefit from installing a Solar Energy System in your home.



Although there are many positive attributes for solar power, below are six clear benefits of installing a solar power system in your home today.

1. Protects you against rising electricity prices.

Demand for electricity is rising, and fossil fuel supplies are rapidly decreasing. Electricity prices will continue to escalate since this imbalance causes price surges. Utility rates are rising faster than inflation. Installing a solar power system will allow you to be self-reliant and reduce the amount of electricity that you purchase from the grid. This in turn, will protect you against ever-increasing prices.

2. Solar Power is a smart investment.
Over the course of its lifetime, a solar power system is a great investment. It is a low-risk, high-return investment that is very competitive with other types of investments (stocks, bonds, and property). Solar Choice Australia in Adelaide can look at your specific situation and calculate your approximate return on investment and how much you will save over the life of the system. Since electricity prices carry on rising, your investment in solar power just gets better and better!


3. Increase the value of your home
A low carbon house is an increasingly attractive proposition to potential home buyers. Like any home improvement, a solar power system should increase your home about-sale value by the value of the installation. So even if you move from your present home, your solar power system will have reduced your monthly utility bill and increased the value of your home if you do decide to sell.

4. Environmental responsibility
Solar energy is environmentally friendly. Compared to fossil fuels which release greenhouses gases, carcinogens and carbon dioxide, solar cells don't release a thing into the air. Solar energy is renewable. We never have to worry about running out of sunlight or using it all up. The sun is a consistent power source meaning it's always going to be there every day. A 3kW solar power system will eliminate 93 tons of greenhouse gases over its lifetime. That is equal to not driving 300,000 km’s or planting 49,672 square metres of trees.


5. Feed-In-Tariff
In accordance with South Australian state legislation, your utility company will pay a premium price for every kWh of solar electricity that you produce but don’t use. Excess electricity is exported back to the grid and payment is usually received in the form of a credit on your bill.

6. Solar Credits Scheme
The Solar Credits Scheme replaces the Solar Homes and Communities Plan rebate scheme. Unlike the previous rebate arrangement the solar credit scheme is not means tested, and is available to businesses as well as households and community groups. Under the Solar Credits Scheme, customers who install solar power systems receive 5 times the number of RECs (Renewable Energy Certificates) for the first 1.5 kW of system capacity. Each system, depending on its output carries with it a specific number of RECs. Solar Choice Australia in Adelaide offer a discount on the price of a solar power system in return for the RECs. This discount is calculated using the current market value of RECs.



Solar Choice Australia is an Adelaide based Australian company specialising in residential solar power systems and solar energy since 1996. Solar Choice Australia are the experts for supplying and installing Solar Power Systems in Adelaide and South Australia.



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