Before you install solar panels on your property, it is worth analysing the benefits and costs of installing a solar power system. For an expert analysis, visit the solar panels Brisbane for a complete breakdown of all benefits and costs of installing solar panels on your home or office.
So, are solar panels worth it in Australia?
First, let's assess what is the average installation cost for a solar power system for a residential property.
On average, the cost of an installed 3kW solar system is about $6000 before government rebates. Each State and Territory has differing policies regarding the factors of the rebate, hence that needs to be individually ascertained.
There are a lot of additional options, such as whether you choose a premium quality microinverters or a low-cost inverter.
What are the potential government rebates?
Here is an example for a residential property in Brisbane:
Presently you can claim 109 STC's (Small Scale Technology Certificate) on a 6.6KW system. If the STC's are valued at $33.00 this means that you could claim $3,597.00 toward your system.
Yes, that is right, you can slash thousands off the overall cost of the system thanks to the government incentives.
Wait until you see the new wholesale electricity prices that are being released throughout Australia. With the massive fluctuations in the stock market due to the potential conflicts, pandemics and trade wars, Australian families are more aware than ever about running more economical households.
How Much Will I Save On My Electricity Bill?
In Brisbane, analysts estimate the average production for a 1KW Solar PV Module is 4.2 Kilowatts per day.
So by establishing your base KW rate, you can calculate your daily potential electricity savings as follows:
- $0.24 cents + GST per Kilowatt - $19 of electricity each day.
Note that this is for a small 1 KN Solar PV module. How big could the savings be if you upgrade to a 10KW system?
4.2KW x 10 = 42KW per day production. 42KW x 365 Days = 15,338KW per year.
15,338KW x $0.24 cents = $3,679.20 + GST per year saving.
Yes, an annual saving of your electricity bill over $3,600!
So if you would like to make the most of government incentives and free power from the sun, now is the time to properly investigate which solar panels will offer you the best value for money.
Who Is Brisbane's Best Solar Panel Installer?
Easy Solar Energy is a locally owned and operated team of solar panel experts that service all suburbs throughout Brisbane and the Gold Coast. With a team of fully licensed and insured electricians, Easy Solar Energy create innovative solar power systems that can help you harness maximum solar efficiency from your new solar panels.
If you are worried that installing solar panels on your home or office is going to be costly, inconvenient or stressful, give the experienced team at Easy Solar Energy a call today. They will happily outline the process so that you can see how easy it really is.
With a large base of satisfied customers in the Brisbane region, Easy Solar Energy has established a reputation for outstanding service, attention to detail and industry knowledge.
Visit the Solar Panel Installer Gold Coast to request a quote today.
Easy Solar Energy
Address: Eagleby QLD 4207
Phone: 1300 882 287