Category: Return on Investment
Most solar panel systems pay for themselves in under four years, but what is the long-term ROI on solar?
For most Australian residents, adopting solar is becoming the new norm. With the increase in the cost of electricity, you can take advantage of the generous rebates and can get a system installed by yourself. Solar is a great investment and will save you from spending thousands of dollars over the period of time. Investing …
If you’re residing in Australia, it’s likely you’re considering or intending to become part of the massive group of homes opting for solar panels for their electricity needs. A crucial piece of information that we’re going to delve into today revolves around the solar payback period. The average payback period for solar in Australia is …
Around the world, homeowners are realizing the amazing possibilities that solar panels offer, not just in cutting down energy expenses but also in boosting their property’s value. Generally, solar panels can increase your home’s value by about 4%. This means that each kilowatt of solar energy installed can boost the value of your property by …
You’ve already made a wise choice by putting your money into a solar system. Now’s the moment to figure out how to get the most out of it. To get the most out of your solar and maximize solar savings: Use your appliances during the day, Stagger your consumption, Check for shade and debris, Regularly …
Continue reading “How To Use Solar Power in Your Home: Maximize Your Solar Savings”
Ever thought about how much power your household chews through and what it does to your electricity bill? You’re not alone. Just like heaps of Aussie homes decked out with solar panels, getting to grips with how much electricity your place uses can uncover the savings you’re likely to find by switching to solar power. …
Continue reading “Average Power Bill in Australia With Solar Panels?”
With households straining under the increased cost of electricity in 2022, a 6kW solar system can be an excellent way to save on electricity costs. The average 3 – 4 bedroom household uses 24kW daily (6kW system produces 24kW daily) and spends $2,367 annually on electricity (rate: $0.27 per KW). A 6kW solar system will …
Continue reading “How Much Will a 6kW Solar System Save Me?”
The 5kW solar system is one of Australia’s most popular systems for medium to large households. If you wish to install the system, it is essential to know how much it will save you. A high-quality 5kW solar system will save you an average of $350 per quarterly bill. Your actual savings will range between …
Continue reading “How Much Will a 5kW Solar System Save Me?”
Choosing to go for a bigger solar system basically involves adding a few more panels than what you really need, in order to produce excess power. However, why is this done? When you install the “correct size” solar system (without a battery) you can essentially save about 90% off your power bill. Oversizing the system …
Over much of the last few years, the Aussie government has been keen on getting homeowners to put money into solar panels. They’ve managed this by offering extra perks, like the solar rebate scheme and feed-in tariffs. The fact is solar panels are still worth it in 2024. Although the Aussie government rebate amounts are …