benefits of solar power

BENEFITS OF SOLAR POWER FOR OUR LIVES AND ENVIRONMENT

The sun is the center of the solar system and the source of life on earth. The energy produced by the sun can provide many benefits for all living things. The sun produces two types of energy, namely light energy and heat energy. Both can be used for various human activities. For humans, solar energy can be converted and used in the form of electrical energy. There are many benefits of solar power.

Currently, renewable energy is on the upwards trend and is increasingly being used. Various innovations will continue to improve the application of solar system technology which will further drive towards a cleaner world. What are some of the advantages of using solar energy?

Benefits of Solar Power for your Home

Some of the advantages of using solar energy include:

  1. Saves Money

After the installation of solar panels, you may see a big reduction in your electricity bill. The main advantage of having solar power at home is that you can save on monthly electricity costs. A study shows that installing roof panels can save up to 95% of your monthly electricity bill. Switching to solar electricity helps reduce your dependence on grid-based electricity because solar panels directly allow you to generate electricity with the help of the sun.

This helps reduce electricity costs which in turn will help you make significant savings. Thus, the solar power system ensures longevity, service, efficiency, and savings throughout the year. If you have an off-grid setup then you can eliminate all your electricity costs.

  1. Increased Property Value

Did you know that installing solar panels can also increase the value of your property by up to 3-4%? Equipping your home with a solar energy system increases property value and offers attractive selling points for real estate agents to market your property. One study showed that homeowners with solar systems not only earn a solar panel installation fee when they sell but also receive a premium that will increase their return on investment.

  1. Free from Centralized Network

Once you use solar power, you automatically reduce your dependence on a centralized private or government grid. When demand increases and supply is inconsistent, being self-sufficient is the safest and most sustainable bet in the long term. Solar power provides a secure future investment.

Adding a spare battery to your solar panel system will give you additional freedom. In such a case, you will now not only generate your power but also save it for use when the main grid fails. This will provide total energy independence for you.

  1. Government Incentives

Green Energy is largely being encouraged by the government in Malaysia. The Sustainable Energy Development Authority has created a program called Net Energy Metering (NEM). This program allows you to export all unused electricity generated by the solar system into the grid. TNB will then give you a one-to-one offset against your next month’s electricity bill. As the solar system only generates electricity during the day, some of us might be out at work. TNB acts as your free battery to store all unused electricity. This ensures that no electricity generated goes to waste!

Benefits of Solar Power Plant

No Advantages of Solar Power Plant
1 Contributes to sustainable development
2 Renewable
3 It’s modular and versatile
4 Inexhaustible
5 Generates local wealth and jobs
6 Avoids global warming
7 Anti pollution

 

  1. Contributing to a Better Environment

Although the conventional way of using fossil fuel-generated electricity is convenient, it may pose a great threat and is very harmful for the environment. By switching the electricity source to solar energy by building for solar farms, we are essentially investing in a green and renewable energy source that is beneficial for the environment. Solar energy is completely clean, contributes to no air pollution, no water pollution, and no greenhouse gas effect.

Besides that, solar energy is also carbon-free. No harmful emissions released when electricity is being produced by the solar panels. It also reduces the need for the limited resources that is fossil fuel. Now, you can enjoy clean and renewable energy every day without feeling guilty.

  1. Affordability

There are many government schemes and subsidies that provide huge reduction on its capital expenditure to make the solar system more affordable. This initiative provides discounted prices to help with initial investment costs. Keep in mind that the majority of the fee is only paid in the beginning. Solar power systems excel in their longevity and durability. With a well designed solar system by i2 Energy, our licensed and professional team of engineers will ensure the solar system is working at its top condition.

  1. Solar Energy Can Be Applied Anywhere

As long as there is sunlight, there is solar energy. This unlimited source of energy can be implemented anywhere. This is especially important for remote areas that do not have access to other sources of electricity. There are a large number of people around the world who do not have access to electricity. Independent solar panels can be used in the area and improve the lives of millions of people. In addition, solar energy is also currently being used to power spacecraft and ships.

  1. Economic Impact

Most of the cost of the system comes from the installation of the solar panels itself which encourages local job creation. Therefore, the widespread use of the system encourages job creation and has a positive effect on the regional economy.

  1. Energy Production Coincides with Maximum Demand

The periods with the highest energy demand are concentrated in the time slots between 11.00 and 16.00 and to a lesser extent from 20.00 to 23.00. In a system based on constant energy production by power plants, energy prices rise sharply during times of increased demand. With solar energy, on the other hand, energy production can reach maximum value during periods of the day when demand is highest.

In fact, in a power market with large-scale solar energy production, an additional supply of energy during peak times can lower electricity prices during the midday period to the same level as night time prices.

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