Why Invest in Solar Energy in Australia?

Living in Australia can take a big chunk out of your money. The cost of living in Australia is quite high compared to other countries. In fact, the minimum average living cost for a small family unit (composed of three people) in Australia can approximately amount to $30,000 Australian dollars each year. It can spike up to $80,000 Australian dollars depending on your social circumstances, lifestyle choices, and daily activities. Statistics show that the average Australian can spend up to $80 to $280 per week for groceries and eating out, $35 to $140 per week for gas and electricity, $20 to $55 per week for phone and internet, $15 to $55 per week for public transport, $150 to $260 per week for car expenses (e.g. gas) and $80 to $150 per week for entertainment purposes.  

If you are not careful, your wages might never be enough to cover the costs. That’s why you have to be smart and spend your money wisely whenever you can. One of the ways you can do that is by investing in solar energy.

What is solar energy?

Solar energy comes from the sun’s radiating rays and is converted into usable energy through solar technology. Solar energy is a renewable energy which means it is perpetually being replenished; it is an inexhaustible source of clean energy to power our homes. It is a good alternative to using coal, natural gas, and fuel which causes numerous detrimental effects to our environment.

Harnessing solar energy produces long-term benefits such as increasing clean and sustainable living, reducing pollution, stopping global warming, and lowering the global cost of living.

What can it do for you?

Investing in solar technology does not only helps you cut your bills, but you can also use solar energy in a number of different ways.

  • Water heating. Solar hot water systems use sunlight to heat water. Usually, Australians use solar hot water systems for heating swimming pools.

  • Heating, cooling, and ventilation. Solar energy ensures you have proper ventilation in your home. Solar energy is used for solar heating and solar cooling. Solar heating allows you to stay warm and toasty during cold winter days. Solar cooling, on the other hand, ensures that you don’t get overheated during summer. Your air conditioning units are powered by solar energy to maintain a stable and cool environment for you to enjoy.

  • Cooking. Cooking gas is expensive because of its large demand so it helps to know that there are alternatives you can use to cook and heat your food. The best items on the market right now are solar cookers which harness solar energy. Solar energy can provide for your cooking needs whenever you want whilst protecting your health and your environment.

  • Electricity. Solar technology can convert sunlight into electricity which is significantly useful when it comes to powering your home. You don’t need to pay a high price to power your home appliances. You can rely on solar energy for all your electrical needs.

  • Transportation. Gas prices are always skyrocketing which makes a car an expensive investment. When you’re looking for a car of your own, instead of buying a gasoline-powered car, why not buy a solar-powered one? Solar-powered cars reduce your costs in the long run whilst reducing carbon emissions by half.

These are all the things you can do with solar energy which makes it a good long-term investment. If you’re ready to invest in it, check out Solar Compare, and learn about the best solar energy providers in Australia, and get some good recommendations and high-quality solar technology for all your needs. Go to SolarCompare.org to browse through the available options.

Image: Pixabay.com

Source: https://www.studyinaustralia.gov.au/english/live-in-australia/living-costs

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