The new era is filled with varied investment options which make it really easy for you to save tons of money. re also an example to this. Saving money by reducing your Electricity bill is one of the main reasons for installing a Solar Rooftop system. No matter how small your installation is, you will start noticing a huge fall in your electricity bill.

But before we discuss other money-saving benefits through a Solar Rooftop system, let’s put some light on what exactly are Solar Panels.

What are Solar Panels?

Solar Panels help in trapping the sun’s energy using the PV (Photovoltaic) Cells to generate electricity. This generated electricity, in turn, can be used for varied household and other purposes.

Now you must be wondering can Solar really power your home and your wallet!

The answer to your question is a Yes. However, the amount of savings depends upon a number of factors, i.e., direct hours of daily sunlight and size and angle of the roof are both important, but the electricity rates play a substantial role in determining how much exactly can a solar installation save you.

Now let’s explore various ways of generating income and augment savings through the installation of Home Solar System.

1.   Get credit on your monthly bill through the Net Metering concept:
Net metering is a solar incentive that allows you to store energy in the utility grid. The entire power produced by your Solar System is sent to the grid and you keep drawing electricity for your household consumption from the grid. You just need to pay for the difference between the energy units you consume from the grid and the energy units fed into the grid by your solar plant. If you get the most suited installation as per your needs, you tend to receive benefits even more and in a greater capacity.

2.  High property values:

Home Solar Systems not only help you in reducing electricity bills, it generates an investment that pays for itself over 25+ years. Studies have shown that homes with Solar Systems are valued and sold at the prices above similar homes in their locality. The installation of the Home Solar System lets you generate low-priced, green electricity from the sunlight.

Considering the above points will give you an idea as to how such small changes and one-time installation of Home Solar Systems can change the complete money saving concept. This is an investment with an enormous ROI. Once you get your solar system installed, you will notice an enormous change in your electricity bill for a period of 25 years. Installation of Home Solar Systems is a long-term investment that will bring you huge savings.

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