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People often ask themselves "Why is solar energy good?"

This has clearly become a trend in renewables.

Around the world from developed and developing countries have installed solar panels on their roofs, with the aim of delivering many benefits.

In addition to the obvious financial benefits, there are other good reasons why you should switch to solar instead of fossil fuels.

Solar energy has gradually become popular in our country with many applications from lighting equipment, pumps, fans ... to design and investment in large systems. So the big question is: "Should we install a solar system?"

There are many reasons why homeowners should install solar energy but the reasons for improving the environment and cutting costs are the most common.

Many people realize that this energy source is an excellent home efficiency upgrade that improves property value and wishes to reduce carbon emissions.

Whether the reason for your installation is economic, environmental or personal,… or it's a profitable “investment”.

Here are the top 10 reasons why solar is good for your home and more popular than ever for you to be able to solve the installation problem?

1. Significantly reduce or even eliminate your electricity bills:

Whether you're a homeowner, business, or a non-profit, your electricity costs can make up a large part of your monthly expenses.

By installing a solar cell system, you will generate energy for free for your system for a full lifetime of more than 25 years.

Even if you don't produce 100% of the energy you consume, it will lower your electricity bill and you will still save a lot of money.

One of the biggest reasons for solar installations is that you can eliminate or significantly reduce your electricity bills.

Average monthly electricity bill is 1 million, annual cost will be 12 million. Over 20 years, if you pay an average of 1 million per month, then 20 years would be 240 million to get your electricity bill, and if the price of electricity goes up, the cost will be higher.

Installing a system will pay you or lower it. And this depends on a number of different factors, such as how much power your system generates and how much you consume, how many kilowatts you want to install compared to the monthly amount of electricity you use.

2. Make a high return on your investment:

Solar panels are not an expense - they are one of the best ways to invest, with returns that compete with more traditional investments like stocks and bonds.

Thanks to the substantial savings in electricity bills, the average owner gets their payback after 5-8 years and sees an ROI of 20% or more.

In many ways, the solar system is also considered a financial product - a product capable of generating an annual return of between 10 percent and more than 30 percent.

The payback period is only a few years while the life cycle is tens of years> 25 years, the income of the years after your payback is free.

You can calculate your annual return by dividing the financial benefit you receive each year by your initial investment in the system. Many factors can affect your console's ROI, including:

• Electricity price: What is your current electricity bill? This determines your savings over the life of the system. The higher your percentage, the more you can save.
• Financial incentives: Are there local electricity rebates to encourage solar application?
• Technology: How efficient is your system, ie does it produce electricity at its optimum level? A more efficient system will compensate a larger percentage of your monthly electricity bill.
• Regional features: how is it sunny? What are the ways in which your roof faces? All of these factors can affect the production level of the system.
• Asset Value Increase: How much does your net worth increase when you install a solar cell system? System ownership tends to increase the resale value of your property.

Taking all these factors into consideration, you can know what is the payback time for your solar installation. That's the best way to put numbers into the ROI of a solar cell.

Payback period is the time required to recover money you have paid before installing the system.

3. Increase the value of your property:

Many studies have found that homes equipped with solar systems have a higher property value and sell out faster than homes that don't need installation.

They will be priced and sold at a premium over similar homes in their area and increase the home value by 3-4%.

4. Increased energy independence

The sun is an almost limitless source of energy and is a key ingredient in achieving energy independence.

By increasing our solar power, we can also be insulated from price fluctuations in global markets.

Many countries around the world have recognized and implemented this, and that makes it a long-term goal for the country.

5. Create jobs and help the local economy:

The solar industry is adding jobs much faster. This growth is expected to continue.

Because solar-related jobs tend to be well paid and cannot be outsourced, they are a significant contributor to the country's economy.

The solar industry is a national industry that provides high-quality jobs across the country. As more home and businesses install, job opportunities continue to grow.

6. Environment protection

Solar energy is a great way to reduce your carbon footprint. A typical residential system will remove 3-4 tons of carbon emissions per year, the equivalent of planting more than 100 trees per year.

The electricity that solar panels produce has absolutely no emissions. As you use renewable energy to meet your energy needs, you reduce the electricity needs from your utility.

As a result, the power plant emits less carbon when producing the energy needed to meet customer needs.

7. Increase the value of the business

Sustainability and corporate social responsibility are important components, creating a positive direction, elevating the business to the state and strongly influencing consumers' buying decisions, creating goodwill and improve business results.

8. Solar energy can take advantage of unused land

With solar energy, we can actually use bare land, leave it empty and then create great value, providing an energy source for everyone.

In this way, we do not need to use land with high cost which can be more suitable for other constructions.

You may have heard about solar farms - they're for large systems. This completely emphasizes the use of unused land.

9. Solar energy improves grid security

As many of us switch to solar, we experience less power outages.

Each household can install solar cells, which act as small power plants. This, gives us a better mesh security, especially on natural or man-made disasters.

10. Low maintenance cost (warranty)

• Solar systems rarely fail, so their regular maintenance is very low.
• Just keep it clean, your system will fail for longer and be used for a long time.
• Most manufacturers, supply systems, have a 20-25 year warranty.
• Electrical system equipment is quite good, rarely worn or damaged, maintained for 5-10 years.

11. Easy to install, no need to use other equipment

• The system is quite compact and lightweight, does not require connection with cumbersome wire connections.
• Easy and quick to install, no time consuming and no electrical design changes required.

According to the current consumer trend assessment of customers, KS. Diep Bao Canh, Red Solar Power Joint Stock Company, said that due to the increase in electricity prices, currently, the installation price of solar power (DMT) has decreased significantly.

On the other hand, consumers only need to invest once at first, saving electricity costs plus the remaining electricity bill, then about 5-6 years to recover the investment, while the system can use 25 year.

At the same time, people's awareness of environmental protection has been raised significantly.

The above reasons are conditions for solar energy tends to thrive in the near future.

Above are 11 advantages as well as help you to solve the problem should install solar energy? Be an investor in solar energy to create a proactive energy source for yourself.