Canada has been at the forefront of various environment-friendly initiatives. It is one of the few countries in the world that has taken serious steps towards environment conservation through multiple policies. The Environmental Protection Act, the Environmental Assessment Law, the Federal Fisheries Act, are some of the stringent laws in place to ensure protection of the environment. The launch of the much talked about carbon tax, was a move attempting to reducing the overall carbon footprint. In the wake of a heightened environmental conservation consciousness, using solar panels is the next best logical step to take.
Here are a few benefits of solar energy and how having solar energy panels in your home can benefit you:
One of the biggest incentives for you to go green is that you get to save a lot on your energy bills. Imagine having reduced or technically no power bills at all. Sounds like a dream right? But, with solar panels this can be a reality. Take a look at this example by Tesla.
Let’s say if your monthly electricity consumption cost is $179 before using solar panels. But, after installing a solar energy system in your house, the bill amount comes down to $22 per month. Now, imagine the amount of money you will be saving over a period of time. Over a period of time, the utility rates will change unpredictably. So, your estimated electricity bill cost over 30 years would be $87,130 without the use of solar panels. On the other hand, by installing solar energy your power bill totals to only $35,629; a huge difference. These figures are subject to change depending on your province, but the proportionality will more or less remain the same.
They help in environment conservation
The whole idea of using solar energy is to reduce the overall requirement for traditional power sources. This is something that we have been repeatedly hearing. But what does this exactly mean?
Solar power systems derive clean, pure energy from the sun. Installing solar panels in your home helps combat pollution and contributes towards reducing our collective dependence on fossil fuel. Traditional electricity is sourced from fossil fuels such as coal and natural gas. When fossil fuels are burnt to produce electricity, they emit harmful gases that are the primary cause of air and water pollution and global climate change. Not only are fossil fuels bad for the environment but they are also a finite resource. Because of this, the price is constantly fluctuating and can increase in a short period of time.
Since renewable energy combats these issues which come with the use of fossil fuels, they also improve public health. Replacing fossil fuels with renewable energy resources such as solar power, can reduce premature mortality rate, as well as the overall healthcare costs.
They help reduce carbon tax
With the announcement of the carbon tax, Canadians are increasingly making efforts to reduce their carbon footprint. Irrespective of whether Canadians are going to be okay with carbon tax or not, they will have to pay up. In such circumstances, using solar panels is the best way out. They help conserve energy from the conventional sources and in turn help reduce your carbon footprint. How? Let’s get down to the basics. Firstly, your carbon footprint is essentially the total greenhouse gas emission you cause. Every electronic device you use takes power from conventional sources of energy that is generated using fossil fuels. There are various other devices as well that result in the emission of harmful gases that are responsible for global warming. When you use solar panels at home, you are effectively using a cleaner source of energy, thereby reducing your overall carbon footprint and in the wake of carbon taxes, a whole lot of money as well.
They provide unlimited and reliable energy
The best part about using solar panels is that it is a reliable source of energy. Solar panels provides you with power on all kinds of days - sunny days and cloudy days. To add to that solar energy is unlimited, which means you can never run out of it. As per reports by NASA, we will have access to solar energy for at least another 6.5 billion years. This in itself makes it a reliable source of energy. Furthermore, the potential of solar energy is unthinkable. The surface of the earth receives 120,000 terawatts of solar radiation. This is 20,000 times more power than what is needed to supply the entire world.
They increase the overall value of your home
Ever thought that the use of solar panels could rake up the overall value of your home? Yes, that’s right. The use of solar panels equals considerable savings on your energy bills. This adds to the value of your home, which in turn, translates to an increase in demand for your home when you decide to sell or lease. With the increase in collective consciousness towards environmental preservation, more and more home buyers prefer homes that make the most of solar energy. This gives you the power to charge higher than the average market price for your home, thus leading to a win win situation for you.
They have low maintenance costs
Solar panels require very low maintenance as there are no moving parts. You might have to periodically get some cleaning work done to get rid of all dirt and debris on the solar panels. It is best to hire a professional solar company to do the job, unless you are DIY crazy.
So, these were some of the benefits of solar energy. Using solar panels is, therefore, the next logical step for a clean, green environment, and increased cost savings.
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