Is the Cost of Solar Panels Worth It?

Solar panel installation has been growing rapidly in Victoria and around Australia as more and more people are taking refuge from the increasing costs of electricity.

While it is true that installing solar panels at your premises can provide a wealth of benefits, many are still uncertain if the initial solar panel cost is worth it in the long run. Advance Solar provides a brief rundown to help you come to a decision.

The Benefits

It’s true that installation of solar panels will involve initial start up and set up costs. However, this upfront expenditure should be looked at as an investment, as there are many ongoing benefits and energy savings. Furthermore, the cost of installing a solar system has become very affordable today, with many rebates available to take advantage of. As a result, many people who invest in a solar panel system see a return on their investment in less than 10 years time.

Other benefits of solar energy include:

  • Energy bills are reduced. As you use the energy harnessed from the sun to power your home and appliances, your electricity bills will automatically be reduced, saving you a significant amount of money while the price of electricity continues to rise every year.
  • Having solar panels installed at your property can increase its market value when it comes time to sell.
  • Many solar panel systems offer a 20 to 30 year warranty, which means you can count on your solar panels to provide reliable and renewable energy in the long term.
  • Solar panels are low maintenance, so you won’t have to spend much money to keep them working at optimal levels.
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Contact Us Today

Ultimately, the cost of solar panels is worth it in the long term, especially in Australia where ample sunshine is provided all year round. If you’d like to learn more about solar panel costs, call Advance Solar today on 0422 088 144 to arrange a consultation with a member of our friendly team.

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