5 Ways to Save Money with Solar Panels | Luminous

Luminous India
Luminous India
35.1 هزار بار بازدید - 4 سال پیش - Solar panels are revolutionizing how
Solar panels are revolutionizing how we generate and consume electricity, offering not only environmental but also major financial benefits. By channeling the power of the sun, solar panels help homeowners and businesses save money in multiple ways.

In this video, we have shared five major benefits of solar panels:

1. Less Power from the Grid: Solar panel installation can help you generate your own electricity. It means you will rely less on the traditional power grid system for your electricity needs. As a result, your monthly electricity bills will decrease significantly, leading to long-term savings.

2. Feed-in Tariffs: In many countries, there are government-backed solar panel incentives known as feed-in tariffs (FiTs). These programs allow solar panel owners to earn money by feeding excess electricity their panels generate and returning it to the grid. Essentially, you can sell the surplus electricity produced to your utility company, generating an additional source of income and covering your solar panel costs in the long run.

3. Stored Power: Solar PV system produces electricity during the day, even when you may not consume all that energy. To maximize the benefits, you can install energy storage systems, such as batteries, with your solar panels. These batteries allow you to store excess energy generated during the day and use it when the sun is not shining. By utilizing stored solar power, you can reduce your reliance on the grid, saving on electricity costs.

4. Price of Electricity: The cost of electricity from the grid tends to increase over time due to various factors, including inflation and rising fuel costs. By investing in solar panels, you can lock in a fixed price for the electricity you generate for decades, as solar panel lifespan is over 20 years. This protection against rising electricity prices provides long-term financial benefits and shields you from future price hikes.

5. Property Value and Rental Yields: Solar panels can enhance the value of your property. Various studies have shown that houses equipped with solar panels tend to sell at higher prices than similar properties without solar installations. Moreover, solar panels can also increase the attractiveness of rental properties. Tenants are often attracted to energy-efficient homes with lower utility bills, giving property owners the potential to command higher rental yields.

The solar panel efficiency in producing a good amount of electricity offers multiple avenues for saving money. These benefits of saving money from solar and the positive environmental impact of renewable energy make solar panels an excellent investment for residential and commercial purposes.

About the Brand: Luminous Power Technologies holds the distinction of being India's foremost electrical specialist, offering an extensive range of power backup solutions and solar solutions that include inverters, batteries, solar panels, solar inverters, and solar batteries. With three decades of experience in the industry, our company has established a robust portfolio that caters to the diverse needs of our esteemed customers.
Our workforce, comprising 6000 skilled employees, is dedicated to serving over 60,000 channel partners and millions of customers across the country. We take immense pride in our brand's ethos, which is centered around delivering exceptional customer satisfaction through innovative solutions and unwavering passion while ensuring seamless execution and teamwork.

Be sure to watch the entire video to learn five ways of saving money with solar panels. Start your solar journey with Luminous now!

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4 سال پیش در تاریخ 1399/03/03 منتشر شده است.
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