“Solar power is the last energy resource that isn’t owned yet – nobody taxes the sun yet” ~ Bonnie Rait.
And before energy resources like coal and oil get exhausted from our Mother Earth, let’s save the mankind with solar power. Keeping in view the fast-paced depletion and overutilisation of natural resources today, the benefits of solar power cannot be over-emphasised. Jim Inhofe rightly said that “solar energy is bound to be in our future. There’s a kind of inevitability about it.”
As environmental degradation emerges as a global tragedy, more and more people are becoming increasingly nature-conscious and adopting “go green” measures. Using solar energy at homes or businesses is one of the most effective ways to join the movement and help save the planet. At the same time, nothing can beat the advantage of solar power in significant cost savings in the long run.
7 Amazing Benefits of Solar Power for Homes and Businesses
Not sure how solar energy can help your home and business? Discussed here the benefits of solar power.
Reduce Energy Costs
This is perhaps one of the biggest inspirations for people to install solar panels at their homes or businesses.
Due to rapid exploitation and depletion of energy resources like oil, coal and water, the cost of generating electricity is increasing rapidly. No wonder, this ends up on your energy bills – making up a significant portion of your monthly expenses.
Thankfully, sunlight is available abundantly in nature, generating solar power that can light up your home and business at no cost. After an initial investment in installing the solar panels, just sit back and relax as you enjoy the benefits of solar power without spending huge bucks on energy consumption.
For homeowners and businesses, going solar is a smart decision that can help you save lakhs of rupees year-on-year.
No More Power Cuts Affecting Your Productivity
With rapid urbanisation, industrialisation and commercialisation, energy consumption has increased manifold. As a result, power outages have become common nowadays. However, for businesses and even homeowners, frequent power cuts can impede their operations and affect productivity.
With solar energy, you will face no more power cuts as there is no dearth of sunlight, especially in tropical countries like India. Most interestingly, you can utilise solar power event at night. Modern hybrid solar systems are connected to the grid and also come with battery banks. This allows you to store the power generated during the daytime so that you can use the same at night as well.
Minimal Maintenance Requirements
Wondering the amount of maintenance and care required for your solar energy system? Relax. Solar systems require minimal maintenance, making them an economically-viable solution for homeowners and businesses. When installed properly, solar panels will continue to generate energy year after year without you having to worry about its upkeep.
There are no moving parts; no specialised installation or operating skills required. Thus, ease of maintenance is one of the biggest benefits of solar power.
Increase Value of Your Property
According to studies, homes and businesses that are equipped with solar power systems enjoy a higher property value and also sell quickly. As the concept of “go green” is gaining increasing popularity, more people are showing awareness towards protecting the environment and making the world a better place to live in.
As a result, property buyers are constantly looking for options that are eco-friendly, energy-efficient, and helps save more money in the long run.
Avail Government Subsidies and Incentives
To spread awareness and encourage people for consumption of renewable energy such as solar power, the Government of India and State Nodal Agencies provide attractive subsidy schemes for installing rooftop solar systems. As per the Ministry of New and Renewable Energy, you can avail subsidy up to 30% of the estimated installation cost for solar systems, sponsored by the Central Government. This is applicable in states under the general category, while states in the special category can enjoy subsidies up to 70%.
The subsidy scheme is available only for residential, institutional and social sectors. This ensures further cost savings as one of the top benefits of solar power.
Protect the Environment
Using solar power at homes and businesses is an incredible way to minimise your carbon footprint. Several environmental factors and human-induced activities are resulting in ecological imbalance, posing a serious threat to mankind and the entire planet. Furthermore, buildings and construction are together contributing to 39% of all carbon emissions in the world today.
By installing solar panels, you can reduce this number significantly and safeguard the environment. A standard residential solar energy system can help eliminate 3 – 4 tonnes of carbon emissions every year. And this number is equivalent to planting more than 100 trees yearly.
Commitment towards Sustainability
Whether you are a homeowner or a business, your attitude towards sustainability is an important component that defines your values and culture. By installing solar panels, you are taking a step towards operating responsibly and ensuring sustainable development.
For businesses, the benefits of solar power are profound. Consumers, stakeholders and communities are increasingly recognising socially responsible businesses. Therefore, a “green” initiative like using solar energy can help create goodwill, influence decisions, and augment business results.
Solar is the Near Future!
Believe it or not, the future of mankind lies with solar energy. Deforestation, industrialisation, pollution, climate changes and overexploitation of natural resources are the major forces behind ecological disharmony today. This isn’t just a threat to humanity but endangered animals and marine life are also bearing the brunt. With natural resources getting depleted at a rapid pace, it is a big concern – what is the kind of world we are leaving for our future generations.
Understanding the benefits of solar power and using the same for your homes and businesses can be a great initiative towards protecting the environment, reducing carbon footprint, and ensuring significant cost savings.