The Benefits of Solar Power for Your Indian Home - Adopt A Greener Lifestyle
Solar power is one of the most efficient and clean sources of energy that is available today. It is a renewable resource that can be used to generate electricity for your home, business, or community.
There are many benefits to using solar power, including reducing your carbon footprint, saving money on your energy bills, and providing a backup power source during power outages.
1. Reducing Your Carbon Footprint
One of the biggest benefits of solar power is that it helps to reduce your carbon footprint. Burning fossil fuels, such as coal and natural gas, releases greenhouse gases into the atmosphere. These greenhouse gases trap heat and cause the Earth’s temperature to rise, which can lead to global climate change.
By generating your own electricity with solar panels, you can significantly reduce the amount of greenhouse gases that you are emitting into the atmosphere.
2. Saving Money on Your Energy Bills
Non-renewable sources of energy are continuing to deplete at an accelerated rate. This is leading to an increase in the price of electricity, as utilities pass on the cost of their increasingly expensive fuel to consumers.
According to Statista, the cost of electricity per kilowatt hour nearly doubled from 2009 to 2020.
Solar power can help you to insulate yourself from these rising energy costs. Once you have installed solar panels, the only cost you will have is the initial investment and the cost of maintenance. The electricity that your solar panels generate is free.
In addition, many utility companies offer net metering programs, which credit you for the excess electricity that your solar panels generate. This can further reduce your energy costs.
3. Providing a Backup Power Source
In the modern day and age, a reliable and unhindered power source is of paramount importance. However, power outages have become increasingly common as the demand for electricity continues to increase while the grid remains the same.
Solar power can provide a reliable backup power source for your home or business. If there is a power outage, your solar panels will continue to generate electricity, providing you with the power you need to keep your lights on and your appliances running.
Solar power can also provide a backup power source during power outages. If the grid goes down, your solar panels will continue to generate electricity, providing you with a reliable source of power.
4. Increasing the Value of Your Home
For most Indians, owning a home is an investment and commitment of a lifetime. It is a very emotional attachment and also the most expensive purchase that anyone makes.
So, maintaining the house in a way that will not only hold its value in the long run but appreciate it is of utmost importance.
Installing solar panels in your home can increase its value by up to 4 percent, according to a study by the National Renewable Energy Laboratory. This increase in value is due to the fact that solar panels are seen as a valuable home improvement that can save homeowners money on their energy bills.
5. Suitable for Indian climate
Unlike many parts of the world, most Indian homes do not have a lot of space to install solar panels on their roofs. However, this does not mean that solar power is not an option for Indian homes.
On the bright side (pun intended), India is closer to the equator and receives ample sunlight and UV to supercharge your solar panels quickly and efficiently.
At SunEdison, we offer rooftop solar panel solutions that will be installed in a manner that takes minimal space while capturing maximum sunlight for greater power.
6. Secure Investment with Attractive Returns
Most investments come with some level of risk. From mutual funds to real estate, there is always the potential for loss.
For many Indians, fixed deposits are the go-to for zero-risk investment. Unfortunately, the returns offered by banks on fixed deposits are meagre and do not keep up with inflation.
Solar power is an attractive investment option for several reasons.
It offers high returns: The average return on investment for solar power is over 8%, with a payback period of just eight years (approximately).
It is a secure investment: Solar panels have a lifespan of 25 years or more. This means that once you have installed solar panels, you can expect to generate electricity for many years to come.
It is a green investment: Solar power is a clean and renewable source of energy. This means that you can feel good about investing in solar power, knowing that you are helping to protect the environment.
If all of this sounds too good to be true, check it for yourself using our solar calculator. Just enter your details and see how much you could save by switching to solar power.
Solar power is an excellent option for Indian homeowners for many reasons. It is cost-effective, increases the value of your home, provides a reliable backup power source, and is a secure investment with attractive returns.
If you are considering solar power for your home, contact SunEdison today. We will be happy to help you find the best solar solution for your needs.