Residential & Commercial Solar Systems | Solar Companies in Canberra
Canberra, Australia's capital city, is a great place for residents to enjoy sunny weather, and also to harness solar power through robust solar panels.
No wonder, the city is now teeming with homeowners who are afflicted by the skyrocketing popularity of solar panels. Many homeowners are considering installing them on the rooftops of their homes. They believe that in addition to energy savings and terrific environmental benefits, installing solar panels can boost the value of their residence too. One should contact solar installers Canberra for expert advice and the time and costs involved in the installation and maintenance. Let’s explore how solar panels can increase the value of your home in Canberra by several notches! Benefits of Installing Solar Panels in Canberra Installing solar panels on a home can bring several benefits to homeowners.
How Solar Panels Can Increase the Value of a Home While the benefits of installing solar panels are clear, but does the installation of solar panels increase the value of your home? Well, there is evidence that suggests that homes that have solar panels installed sell for a higher price than homes that do not have solar panels installed. The major valuable reason of this perception is that solar panels are deemed a valuable asset by homebuyers, who are keen to invest and live in energy-efficient homes. Here are some factors that contribute to increased home value with solar panels.
Furthermore, solar panels are touted to be long-term investments to boost resale value. A report by Lawrence Berkeley National Laboratory revealed homes with solar panel installation in Canberra are selling for nearly 4.1% more than homes without panels. Cost of Installing Solar Panels in Canberra Surely, the benefits of installing solar panels are abundantly clear here but what about the cost involved in installing solar panels? Those interested in solar panel installation need to understand that the costs involved in the same depend on a range of factors, including the overall size of the solar system and its capacity of storing energy in terms of kilowatts. The complexity of the installation also plays a major role in adding to the costs, especially if one does not have a rooftop for their home. Homeowners can look out for various financing options available that includes loans and leases, making solar panel installation quite affordable for the majority. Additionally, the incentives from the government under the Small-Scale Renewable Energy Scheme, is attractive enough for homeowners to perceive the investment worth it based on their energy expenses. Homeowners can factor in the overall return on investment (ROI) of solar panels based on the reduction in energy bills, the money earned through excess energy sold to the grid, and other incentives gained from the government. It is essential to bank on solar companies in Canberra who have complete information on the costs involved in solar panels installation in a home in the city. Conclusion Installing solar panels in Canberra will always be a smart choice for homeowners in the city who are keen to reduce energy bills, are concerned about environmental impact, and also interested in making some money from excess energy generated through the solar panels. What’s more, one can expect their value of their home to increase drastically after the solar panels installation. While the cost of installation could be a barrier for some of them, most homeowners can rely on the affordable financing options available for getting it done. Comments are closed.
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AuthorSolar Forever Canberra is a leading solar panel installation company in Canberra for both residential and commercial solar systems. Our experienced team of solar installers and professional customer service staff strive to excel in the industry. Inquire about our solar panel system today. Archives
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