Solar Panel Installations Growing

It seems Sydneyites especially North Shore residents have realised the value of having a solar installation on their roofs recently. There has been a marked increase in solar panels at prominent locations on the North Shore. Of course this is the most likely place for solar installations to happen in Sydney as the residents of the North Shore tend to be the wealthy and trendy types. In addition they will have noticed the fact that having solar panels and “greening” your house helps maintain or even increases property value. Given that the majority of North Shore residents are not planning to sell their houses while the real estate market is performing so badly it makes sense for them to invest in solar panels so they can at least be prepared for when the oil stops flowing and the cost of electricity literally shoots through the roof.

It is a worthwhile investment for the wealthy urban elite to make at this stage. We expect to see a lot more installations copping up over the next year as the next door neighbours realise that they need to do likewise to stay competitively valued and the price of solar panels continues to drop. It’s a pity that the real power hogs such as the enormous sky scrapers and department store complexes don’t follow suit. At the very least they could be installing efficient solar thermal heat pumps and solar lighting systems to offset the cost in energy of running the massive air con units and lighting systems throughout the day. With all that prime roof top real estate to use for solar panel and parabolic reflectors they are not making wise business decisions by continuing to ignore the cost savings and benefits to shoppers that natural light and natural cooling can do for the shopping experience.