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Solar power has become a buzzword for Queenslanders. Solar has revolutionised many
households’ energy consumption for the better.

There are a lot of factors which have contributed to the increased popularity of solar among
QLD households, including:

● Renewable energy
● The low price of solar panels
● Government rebates
● Low energy bills
● Less maintenance
● Appreciation of property value with solar panels

More than 40% of homeowners in Queensland have solar panels installed. Queensland
generates more solar energy than any other state in Australia.

How much does it cost to install solar panels?

If you are going to install solar panels, you should know the cost. The price of solar panels
varies according to the size of the solar system installed. To know which size you need, you
must first find out your current power usage. Based on your usage, an installation expert will
suggest the right solar panel size for you.

A 5KW solar system costs between $4000 and $5000. 5KW to 6KW are recommended for
most Australian homes.

Governmental rebates and STC certificates are incentives for homeowners planning to install
solar and take a large chuck of the cost off your plate.

How much money can I save by installing solar panels?

How much you save on your power bill depends on your energy your solar panels are able to
generate. Run your appliances during the day when your energy generation is at its peak. Any
leftover energy will be exported to the main power grid and you’ll be given credits on your
electricity bill. There’s a big opportunity to save on your power bill when you install solar.

How much time will it take for my solar panels to pay off?
The cost of installing solar panels has drastically reduced. It usually takes between 3 and 5
years for your solar to pay off. Where you sit in this timeframe will depend on the quality of
your panels and how well they were installed.

Are residential solar panels worth it?


Solar panels help households save on their electricity bills, help appreciate property value,
provide a clean energy source, and improve overall financial management for homeowners.
NuWay Solar family-owned solar panel installer from Queensland are experts. The company
provides effective, quality installations according to the needs of Queensland residents.