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Home Lifestyle

Is Going Solar a Good Investment?

by msz991
October 5, 2021
in Lifestyle
3 min read
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When it comes to solar panel installation, there can be a lot of initial hesitation. This is understandable; after all, it can be quite a monetary investment. Plus, it requires significant planning and time to successfully complete a project, leading to further trepidation.

Therefore, answering the question “is going solar a good investment” can have long-lasting implications. With the help of evolvsolar.com, we dig into this question below and provide some compelling information that may convince you to invest in your very own solar panel installation. Let’s get started.

Table of Contents

  • Why Going Solar Is a Good Investment
    • Energy Cost Savings
    • Contribution to Renewable Resources
    • “Future-proofing”
    • Personal Awareness

Why Going Solar Is a Good Investment

Energy Cost Savings

No conversation about solar panel installation is complete without discussing the actual monetary savings that come with solar energy. These savings are two-fold in most cases. The first way you save money is by producing your own energy, lowering your monthly energy bills. The second way has more to do with an increase in personal awareness, but we’ll get more into that item later on.

When you have solar panels—especially with optional additional systems, like battery cells—you save money by not paying your energy provider for all the energy you use. You will still likely require a connection to an energy service provider, as the output from solar installations can vary with the seasons and weather. However, the amount you pay will be offset by any energy gathered by your solar panels.

Contribution to Renewable Resources

Our world is changing, in both a cultural and environmental sense. Before, many were content to disregard or ignore the environmental changes occurring across the globe, but that has shifted in recent years. As each individual voice begins to carry more weight (thanks to the reach of the internet) and as companies are continually held to a higher standard by groups of concerned citizens, we are seeing the cultural shift to greater environmental responsibility.

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As a result of these changes, it has suddenly become much more profitable and popular to support disruptive industries like renewable energy. By investing in solar power, you are not only helping yourself but also sending a wider message that it is time for significant and effective change across all areas of life.

“Future-proofing”

The concept of future-proofing has been disproved across many different industries. As it turns out, our technological capabilities are accelerating at a rate faster than we thought possible, and it is nearly impossible to keep up in all the emerging markets and industries. However, there is something to be said of staying ahead of the curve, which is still possible due to widespread adoption not being the standard (yet).

Therefore, going solar presents you with an opportunity to take advantage of an emerging market with emerging market pricing. In essence, the idea is that we will all soon be using a variety of renewable energy sources, so by investing now, before the inevitable market boom, you can enjoy lower prices and be better positioned for the transition.

Personal Awareness

As we mentioned before, having more personal awareness about your energy usage can help you save money, feel better about your actions, and begin to critically examine your life. It’s just harder to ignore the energy cost of opening your fridge and staring blankly inside when you know how many kWh that action takes, for example. But, knowing yourself, your family, and your shared habits can help you see where things can change and what is truly important. This, in and of itself, is enough of a reason to go solar on its own.

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