Solar energy usage has continue to rise sporadically globally. Countries like the US, UK, Canada, France etc, appreciate the need to use more of clean energy because of the variety of benefits it holds. In the US, Florida law forbids any entity—including homeowner associations—from prohibiting the installation of solar or other renewable energy devices on Florida buildings. In some other location, it is a requirement for new homes.
According to solstice, as of the end of 2018, the U.S. had 64.2 GW of installed solar–enough to power 12.3 million American homes. And solar has continued to rank either first or second in capacity added to the U.S. electric total every year since 2013.
Below are benefits of switching to solar energy for your home or business.
1. Solar is Easy
Before now, shopping for solar used to be difficult. But today, there are hundreds of solar companies in Nigeria alone. There were no sufficient answers and demonstration of solar energy in action in the past, but today examples abounds.
Luckily, things have changed. At Gennex Techonologies, we have a line of projects you can use as template to power your home or business no matter the capacity. Within one week, your need for power independence is already executed. For business owners looking to transition to solar energy, Petrocam is one clear example of our expertise in solar energy provision for businesses. Petrocam today run all her location (branches) purely on solar energy a resounding innovative idea that is a wonderful sight to behold.
2. Save Millions of Naira
According to One Block Off the Grid, adding solar panels to your home can bring in monthly savings of well above $100 in many states in the US. Same holds true in Nigeria because of the epileptic power supply and heavy dependent on generators. In Nigeria you are sure to save far much more if you Extend this to two decades, which is less than the length of a typical solar panel warranty. If you spend just N30,000 a month on fuel for your generator plus servicing, this will translates to over N7,200,000.00 in savings. Imagine those who spend over N10,000 daily on diesel, their savings in two decades would be over a hundred million.
3. Create Your Energy Independence
Power supply in Nigeria is practically down to nothing in many location. With solar energy in place, your home and business location will always be powered.
4. Solar Increases Your Home Value
Its no secrete that if you want to increase the value of a building, you install solar power on it. If you want to sell your property, the worth rises because of solar energy installation.
5. Solar is a Secure Investment
DISCOs (Electricity Distribution Companies) are notorious for their power fluctuating and unreliable electricity prices in Nigeria. The price rises and never comes down, and this has been a continues trend.
With solar panels and simple math, we can calculate how much electricity will be generated, and most importantly, at what price, for at least the next 20 years after installation.
6. Guaranteed Performance
Solar panel manufacturers like Canadian Solar that Gennex deals in include a 20- to 25-year warranty (also known as a performance guarantee) with the solar panels. After 20 years of usage, the industry standard guarantees is 80% performance. This simply means your solar panels are guaranteed to last 20 – 25 years.
People often want to say that solar installation is expensive, but nothing could be further from the truth if you look long term. From our calculation above, a well installed solar power cost almost nothing long term.
Are you looking to transition to renewable energy, contact our expert for free consultation and power evaluation.