22 March 2023

How Do Solar Panels Save You Money On Energy Bills?

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How Do Solar Panels Save You Money On Energy Bills?

Did you know that one hour of energy from the sun is enough to power the entire world’s energy needs for an entire year? As one of the greatest natural power sources, the sun is an abundant energy source which we can take advantage of. For this reason, solar panels are a fantastic investment because the sun’s energy is renewable and constantly replenishing. The sun’s energy will never run out, meaning that solar panels are guaranteed to be of use well into the future. With a wide range of advantages, the most popular reason to invest in solar panels is that they can hugely reduce your energy bills. But how?

What Is Solar Energy?

Solar energy comes from the sun. The heat that is created by the sun can be harnessed into energy. Photovoltaic (PV) panels or mirrors used in solar technology cleverly convert sunlight into thermal or electrical energy.

Solar energy is renewable, which means that it will not run out. A clean and green energy choice, it is far better for the environment than harmful fossil fuels. Using solar energy allows humans to reduce their carbon footprint because it produces far less emissions. Furthermore, solar energy is easy to maintain and creates an abundance of jobs.

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The Benefits Of Solar Panels

Investing in solar panels is a great way to improve your lifestyle, your impact on the environment and your bank balance. Because solar energy is reliable, any issues, such as blackouts, will not be a problem for you because your solar panels will allow you to live independently. Built to last, solar panels are incredibly robust. This means that they are renowned for their longevity, without issues for maintenance and repair. Their upkeep is therefore minimal, and aside from their initial cost, solar panels will eventually save you money. By helping you to reduce your energy bills, solar panels are an excellent way to help cut your monthly spending too.

Save Money With Solar Panels

As electricity costs continue to rise and we all do everything we can not to feel the immense pressure during the cost of living crisis, solar energy can be transformative. Solar panels are, therefore, an incredibly attractive idea if you are looking to reduce your monthly bills. By generating enough solar energy to become self-reliant, you are able to lower your spending significantly and instead have considerably cheaper bills. Although the cost of installation is not cheap, there are numerous incentives to try and support you with the fees. This includes the use of tax credits and other programs which can help with the initial expense of solar panels. If your solar panels end up generating more energy than your home actually needs, the National Grid will use your energy and reimburse you. Thus, solar panels can not only save you money but make you money too. To improve the market value of your home, solar panels really are a worthwhile investment.

Every home is different, and so is the amount of energy used by a home. However, it is estimated that the average household could potentially save approximately £1,000 each year when they use solar panels. Whilst the cost, to begin with, is expensive, the benefits and advantages of solar panels make it worth it. Working on the figures of the average home (a 4kW system producing 3.500kWh at 34p per unit), the energy generated is near to £1,200. This means that an installation of solar panels costing £7,000 will have paid for themselves in six years’ time. Whilst the benefits aren’t immediate, the investment will eventually help you to save money.

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Should I Invest in Solar Panels?

If you are looking to reduce your bills and live more energy efficiently, then solar panels could be the ideal solution for you. With energy prices still rising, using the sun’s natural energy is the perfect answer if you are looking to cut back. As the energy cap rises, more and more people are now realising that solar panels are an effective way of saving money and protecting the planet. Understandably, suppliers are now seeing a huge rise in orders as demand for solar panels is increasing.

Contact Jewel Renewables

To learn more about the benefits of solar panels and how solar energy can be used to improve your home, then contact Jewel Renewables. Our knowledgeable team will gladly advise you. Just call us on 01252 939597 or complete our online contact form. You could even get an immediate online quote for tailor-made solar panels to suit you, your home and your lifestyle.

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