SOLAR ENERGY BENEFITS
Going solar offers a myriad of benefits, making it an attractive option for individuals and businesses alike.
FINANCIAL SAVING
One of the primary solar energy benefits is the potential for substantial cost savings. By harnessing the power of the sun, households and companies can significantly reduce their electricity bills. The installation of solar panels allows for self-sufficiency in energy production, which can lead to long-term financial gains.
ENVIRONMENTAL BENEFITS
Moreover, adopting solar energy positively impacts the environment. Unlike conventional fossil fuels, solar power generates electricity without emitting harmful greenhouse gases, making it a clean and renewable energy source. This reduces carbon footprints and combats climate change, safeguarding the planet for future generations.
A standard 5 kW residential solar system can offset about 178 tons of CO2 emissions over 30 years, which is equivalent to planting approximately 4,000 trees.
LOW MAINTENANCE
Furthermore, solar energy systems come with minimal maintenance requirements, ensuring hassle-free operation. Once installed, solar panels typically only need occasional cleaning and a check-up by professionals every few years. This leads to lower operating costs and enhanced efficiency.
INCREASED PROPERTY VALUE
In addition to financial and environmental advantages, going solar can increase property value. Homes and businesses equipped with solar panels often experience higher resale values, as potential buyers recognise the appeal of reduced utility expenses and eco-friendly energy.
ENERGY INDEPENDENCE
Another significant benefit of solar energy is energy independence. By generating their own electricity, individuals and organisations can mitigate the effects of power outages or price fluctuations in the energy market. This autonomy empowers users to control their energy consumption and contribute to a stable and reliable energy future.
High-quality solar panels can last for over 25 years, and many manufacturers offer performance warranties that guarantee power output levels for the same duration. This longevity ensures a long-lasting and reliable energy solution.
GOVERNMENT INCENTIVES
Firstly, the 0% VAT on solar panels until 2027 is a significant advantage for consumers. This policy effectively eliminates the standard Value Added Tax on the installation of solar panels, making the initial investment more affordable. By reducing the upfront costs, the government aims to make solar energy more accessible to a broader range of individuals and businesses.
Additionally, the Smart Export Guarantee (SEG) is a key incentive offered by the UK government. Under this scheme, solar panel owners can receive payments for surplus electricity they generate and export back to the grid. This allows solar users to not only save on their energy bills but also potentially earn money by selling excess power.
Government support for solar energy extends beyond financial incentives. There are also initiatives to streamline planning permission for solar installations, making the process smoother and less time-consuming for property owners looking to go solar.