Should You Invest in Solar?

The technology for solar energy has been around since the 1950’s, but it was not until much later that solar became widespread and readily available to everyday consumers. Since then, the world has moved towards a more environmentally conscious and sustainable way of living - turning solar energy into a popular source of electricity in households across the globe.

How Does Solar Work?

There are two ways in which solar power can be generated, only one of which is used for domestic purposes. This method is called photovoltaics (PV) - a technology that can be found in the panels you see on rooftops. When the sun shines on these panels, the cells inside the hardware absorbs and stores photons, that causes an electrical field. The other method is known as concentrating solar power (CSP) and is used in large power plants.

Why You Should Invest in Solar

Going solar means that your household will be using less or no grid power, which has many advantages. Some of the benefits you can reap when using solar power include:

Reduce or Even Eliminate Electricity Bills

One of the benefits of incorporating solar energy into your home is the amount of money you can save on your electricity bills. Solar panels typically pay for themselves in the long-run, due to the costs saved. When looking at how much you pay for grid electricity and compare it to the cost of installing a solar system the financial advantages are evident.

Increase Value of Property

Solar power is now more in demand than ever and by installing solar panels you can increase the value of your property. If or when you decide to put your home on the market, it can fetch more than other properties relying on grid power. Buyers and tenants look for features that will save them money and solar is a very sought-after feature.

Good for the Environment

Because traditional electricity is produced by burning fossil fuels, like coal and oil, which releases carbon dioxide into the atmosphere; polluting the environment. This increases the effects of global warming and air quality. The benefit of using solar in this regard is to reduce your carbon footprint and air pollution. 

Minimal Outages 

Solar electricity is much more reliable than the traditional power supply. Due to its power source being the sun - especially living in a sunny place like South Africa, you will have a constant and consistent energy supply, making solar an extremely reliable source of electricity.

However, you do not always have to install solar panels when buying a new home, as there are some great properties out there that already have sustainable features.
 
Currently on offer from Knight Frank is a charming five bedroom family home in Claremont Upper. Listed at R9.8m this beautiful property is set on a 1000 sqm of landscaped garden in a sought-after part of this suburb. Consisting of two storeys, four spacious reception rooms, versatile living spaces and stunning finishes -  this home captures abundant natural light. This abode is also the perfect place for those wanting to embrace sustainable living practices as this home’s features include a grey water and irrigation system as well as solar heated geyser. WIth excellent security and many other great facilities, this home will not be on the market for very long.

With the price of electricity continually rising and the reliability of providers dwindling - looking beyond generators for a more sustainable and long-term electricity solution is a great idea for any household. If you are interested in all the benefits solar offers, contact Knight Frank today and find a home in a sunny location or one that already has solar installed.