It’s no secret that solar power is on the rise. In fact, it’s been one of the fastest-growing energy sources in the world for several years now. But despite this growth, there are still many people who are hesitant to make the switch to solar. They wonder why now – more than ever – is the right time for solar power. Well, we’re here to answer that question!
More Efficient Systems
One of the biggest reasons why 2023 is the right year for solar power is because of the advances that have been made in solar technology. Solar panels are now more efficient than ever before, and they can produce far more energy with less sunshine than they once could. That means that you’ll get more bang for your buck when investing in solar power this year.
Another reason why 2023 is the right year for solar power in Australia is because of the lower prices. With increased demand, more companies are now producing solar panels, which has caused prices to drop significantly. This makes it a great time to invest in solar power as you’ll be able to get more for your money.
Savings on Electricity Bills
During the cost of living crisis, investing in solar power this year can help you save money on electricity bills in the long run. Since you’ll be producing your own energy, you won’t have to rely as heavily on traditional sources of electricity, which can help lower your utility costs. In addition, if you’re able to feed energy back into the grid, you could save even more money.
Global Energy Market
The global energy market has been trending toward renewable sources for the past few years. This is because of growing public awareness about the environmental impact of traditional sources and their non-renewable nature. In 2023, Australia will be a major player in this trend.
The Australian government is committed to encouraging solar power and other renewable sources of energy. This means that there are many incentives and schemes available to individuals and businesses who choose to invest in solar power. For instance, the Solar Homes program provides incentives for households installing solar energy systems, including a rebate of up to $2,225. This will be a major boost for the solar industry in Australia and is likely to spur further investment and uptake.
Australia has an abundance of sunshine, making it the perfect place for solar energy. With a strong track record in renewable energy adoption, Australia is well-placed to make the most of its natural resources. In addition, Australia has particularly high electricity prices and this makes solar power even more attractive.
These days, solar technology is more sophisticated and efficient than ever before, such as SunPower solar panels. This means that solar panels can produce higher levels of power at a lower cost, making them even more attractive to households.
Furthermore, the introduction of battery storage systems has revolutionised the way in which people use solar energy. Battery storage allows households to store any excess energy they generate during the day and use it in the evening when demand is higher and electricity prices are more expensive.
If you were on the fence before, 2023 is the perfect time to make the move to solar power in Australia. Thanks to advances in technology and cost reductions, there has never been a better time to switch. Not only will you be helping yourself financially, but you’ll also be doing your bit for the environment as well. Now is certainly the right time to make the switch!