The Benefits of Going Solar in Hobart
Embracing solar power is a smart decision for your wallet, your home, and the environment. Learn how a properly sized solar system can save you hundreds annually and lock in low energy prices for the long term.
Plus, the government offers financial incentives to make it even more affordable. Here’s what you need to know about going green in Tasmania.
Save Money on Your Electricity Bills
One of the most immediate benefits of going solar is a reduction in your electricity bills. By reducing consumption and taking advantage of solar incentives, you can save even more money. Unplugging appliances that are not in use and using energy efficient devices can cut costs by as much as $100 per year.
Installing a home solar panel system can reduce your utility costs by 50% or more. In addition, you can take advantage of net metering and time-of-use plans to further reduce your electric bill.
Investing in a home solar power system can increase your property value and give you peace of mind that your energy needs are covered during a power outage. Plus, when you pair a solar energy system with a battery, your savings grow as you store excess energy to be used during peak demand periods or after sunset. You can also sell extra energy back to your utility for an additional source of revenue.
Increase Your Home’s Value
Homeowners who install solar power systems can expect to see an increase in their property value. This boost in value may offset some or all of the cost of the system.
Many potential buyers are drawn to homes that use renewable energy. They also appreciate the environmental benefits of reducing greenhouse gas emissions.
In a region like Hobart, where residents care about sustainability, this feature can make your property stand out on the market.
A study by Lawrence Berkeley National Laboratory (LBNL) found that homes with solar panels sold for more than those without them. However, this study is seven years old, and today’s savvy customers will want more up-to-date data on how much solar impacts resale values. For the best resale value, it’s important to purchase your solar panel system instead of leasing it. This way, you can transfer ownership to the next homeowner and avoid complications related to ongoing lease payments. Also, a well-maintained solar energy system can attract homebuyers by demonstrating its longevity and efficiency.
Embrace the Sun’s Power
Solar energy allows homeowners in Hobart to generate their own electricity, decreasing dependence on grid power. It also helps them protect against future energy price increases.
Solar systems can be installed on either a new or existing home. A small system can produce enough energy to meet a household’s daily electricity needs. Larger systems are available for homes with higher energy demands.
Whether you’re considering a residential or commercial solar installation, a top-tier solar power company can help you save money with an expert site assessment and system design. You can also choose a battery storage option like the Tesla Powerwall 3 that stores excess solar energy to provide backup during outages and further maximize your savings.
Find out how rebates and incentives from the federal Renewable Energy Target program can reduce your upfront costs. You can also learn more about Tasmania’s Energy Efficiency Loan Scheme (TEELS), which offers interest-free loans to make solar even more affordable.
Get Started Today
The sun’s rays can be harnessed and turned into clean, sustainable energy. The power generated can be used to offset traditional electricity sources and significantly reduce your energy costs. When paired with a battery system, you can further bolster your energy savings by storing the excess solar energy you produce instead of exporting it back to the grid.
This is a great solution for homeowners and renters alike. It’s even possible for businesses to go green, increasing energy efficiency and showing the community that they care about sustainability.
The best way to determine if solar is right for you is by completing an online solar quote. The process is simple and only takes a few minutes. Once you provide your address and electric bill, you can receive customized quotes from pre-screened solar installers in a straightforward format. You can also access FAQs and educational resources to help you make an informed decision. There are three main solar financing options: paying upfront with cash, a lease or PPA, and a loan.
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