An investment is always made with the intention to get some good returns while that also involves risks in an appropriation of the returns. There is a lot of debate about whether or not investment in solar energy is safe. One argument against solar energy is that the technology is still new and there is a lot of uncertainty about its long-term viability. However, broad acceptance of solar energy has proven them wrong.
In India, electricity is less expensive compared to fuel for powering industries & residences and major sources of electricity generation are hydroelectric & thermal power plants. The best alternative of electricity production could be the usage of renewable sources of energy like Solar energy.
Solar energy is one of the most popular forms of renewable energy in the world. Solar panels are used to collect and convert sunlight into electricity, which can be used to power homes, businesses, and other electric tools. It is a clean, renewable resource that can help to reduce our reliance on fossil fuels and help to combat climate change.
Solar energy is still a growing industry and is likely to continue to grow in popularity. Several factors i.e. ultra efficient solar cells, solar panels that collect energy at night, commercial availability of perovskite solar cells etc. are likely to help make solar energy more affordable and reliable, including improvements in technology.
The investment in solar is beneficial and safe, adding cherry to the cake it pays-off the total amount of investment within a couple of years depending upon the usage. Here we go over some of the main reasons why solar is a safe investment.
1. Sustainability
Solar modules used in the solar plant have a life of 35 years and the service provider provides 25 years of warranty of these modules. Above all, the maintenance cost of a solar power plant is very less.
2. Value addition
Solar power plants owned by the home and business owners are likely to get a higher value of their property. The reason could be the growing popularity of the green properties within buyers across all geographical areas.
3. Savings on Electricity Bills
The electricity consumed by home appliances or machinery is generated by the use of solar panels. This saves a significant amount of money on electricity bills every month. Furthermore, the investment made on solar panel installation typically pays-off within 3 – 5 years depending upon usage.
4. Safety Concerns
Solar energy doesn’t need transmission lines or transformers to step-up or step-down the electricity. Mainly, it does have solar panels, inverters, racking and solar batteries (if desired). This makes solar power plants a secure system that can be used by even youngsters with basic solar knowledge.
5. Impact on climate
Solar energy emits net-zero carbon in our environment. It uses natural sources of energy for electricity generation thus it has neutral impacts on the environment.
How to Invest in Solar With Vipa Solar?
Whether you need consultation or customized solar solutions, Vipa Solar expertizes in figuring out the best possible ways to integrate solar power solutions for your businesses or residences. The end to end solar energy solutions at Vipa Solar helps you save money on electricity bills and offer great returns on investment. To illuminate your home with solar, let’s talk or you can mail vipasolar@gmail.com or contact us at +91 9473545251 in business hours.
