- Producing solar energy at home will lead to reduced dependence on the traditional power grid. Harnessing the power of abundant sources of energy - sunlight will reduce or completely eliminate the utility bills.
- As a bonus of solar system installation, some governments offer subsidies, tax benefits, and other incentives. Taking advantage of net metering and gross metering helps in putting more money back into your pocket.
- Solar panel investment promises substantial long-term savings with a payback period of 3-4 years.
- The initial installation cost can be recovered within 5-10 years based on the solar system size and location.
- Earn eligibility for accelerated tax depreciation during the financial year of installation.
- Solar systems can be a great asset for your home or commercial building as it provides a boost in property value. Increased property value helps claim a better cost no matter whether selling, renting, or leasing the property.
So, make a significant change today by embracing solar energy that brightens your budget!
