How Solar Can Save You Money?
The biggest reason homeowners are switching to solar is to save money on their electric bill.
Yep, going solar is not only beneficial for the environment, it’s also beneficial for your bank account!
But HOW does solar save you so much money?
To answer that question, let’s take a look at four points that make solar a good investment.
4 Reasons to Invest in Solar
Here are reasons switching to solar can help you save money:
- The price of energy is continually increasing every single year.
- The cost of installing solar panels is on the other hand continually falling, as technology is advancing.
- Solar panels increase property value.
- Once you’ve paid off the original investment for going solar, your energy will be completely free.
How Much Does it Cost to Go Solar?
The cost of your solar panel installation will depend largely on how much electricity you use, the size of your home, how much sunlight your roof receives in a day, and the material and panels you choose.
On average, it costs around INR 1 Lakh to install a solar system on 3 BHK house. But the best news is that you will immediately start seeing savings from day one and your ROI will start to increase every single year until at one point you are producing your own, free electricity.
