The rapid depletion of non-renewable fossil fuels has finally done the trick! People are gradually inclining towards renewable forms of energy. They realize that they are free and sustainable. Thus, the world can look forward to a number of interesting developments in the future.
Outlined below are ten compelling reasons for you to adopt renewable resources.
Scientists cannot emphasize enough on the disastrous effects of climate change. There is visible evidence, too, in the form of frequently occurring tornadoes, hurricanes, earthquakes, melting of polar caps, wildfires, and cyclones across the globe. Therefore, when you avoid the usage of fossil fuels, which emit greenhouse gases and cause air pollution, you contribute towards the cleansing of Mother Nature. Renewable sources of energy do not emit harmful gases into the atmosphere.
Apart from the latest COVID-19 virus that made an entry in 2019, there have been several global outbreaks of other viruses too. True, there were several reasons for the spread of infectious diseases caused by these viruses. Climate change was also one of them. To illustrate, due to human-initiated changes in weather conditions, the bats in West Africa lost their habitats and food sources. They had to move nearer to human populations for survival, possibly spreading the Zika virus too. Therefore, if you favor renewable energy, you improve the quality of your life also.
Summers/winters can be mild, moderate, or severe. Whatever is the case, your electric bills remain high, thanks to all the modern appliances that come into play. Would it not be nice to save some money every month, instead? Well, you may do so if you request the installation of solar panels and trap free solar energy!
Your decision serves to enhance the value of your property too. Should you ever decide to sell it, you are bound to obtain at least 3%-4% more in terms of overall pricing.
There could be blackouts or lengthy power cuts at times. They will no longer matter to you, for you have access to your own power system. Even if the whole town is in darkness, you have your own lighting!
In case your installation produces excess energy, you may request the power grid to purchase it from you. This adds to your savings.
In case you are a business owner, you might opt for renewable sources of energy at your workplace. It conveys the impression that you are keen for your employees to work in an eco-friendly atmosphere. Additionally, customers will add the label of corporate social responsibility to your brand. The sales graph should show a steady increase as your fame spreads!
Admittedly, you have rivals selling goods/services in a similar niche. They will definitely not remain silent while you walk away with all the profits. Therefore, some of the more competitive ones are bound to adopt renewable too. In fact, you may attract the attention of governmental agencies too. This way, wonderfully challenging and expensive projects may come your way.
Every time someone like you goes in for renewable, you create sources of income for the unemployed. The renewable sector is a labor-intensive one. Therefore, it is possible to employ skilled people from various backgrounds and to possess a range of qualifications. Experts suggest that Green Jobs can contribute trillions to the global economy, for they make use of indigenous resources. Thus, both urban and rural areas benefit, especially with solar and wind installations.
There is no guarantee about electricity rates remaining stable. Local energy providers base pricing on various aspects. They include climatic changes, changing governmental policies, the ratio of demand and supply, etc. Thanks to your renewable source of energy, you will never have to cope with these adverse situations.
Switching over to renewable would be a great way of repaying your nation for all that it has done for you! It may be importing oil or natural gas from elsewhere, for fulfilling local demands. This can affect the economy badly, especially if market prices keep fluctuating often. When you set an example for others to follow, you create a pathway for your nation to become energy independent.
There is no denying that the initial investment in renewable may turn out to be expensive. This may cause you to hesitate. However, you should be able to get a good return on your investment within a few years. This return is substantial, for it can range anywhere between 10% and 30%. After that, it is only savings all the way!