Introduction:
Solar power is generated by converting the radiation of the sun to produce electricity and heat
water and other appliances. This conversion takes place with the help of photovoltaic cells (PV) of solar
panels installed on the roof of houses and commercial enterprises.
More than 2.59 million Australian roofs have solar power systems installed as of October
2020.
The Australian Government is encouraging the use of solar panels because renewable
energy sources produce less carbon and reduce the dependence on electricity as a source of
energy.
Installing the right solar system:
Before you install solar panels on your roof, it is necessary to know your current electricity
consumption. Knowledge of current power consumption is essential. This helps you to
determine your current Kwh consumption and how much you will be charged.
Based on your energy usage, your solar system installation company will suggest the right
quality and size solar system for your home.
Benefits of installing a solar system:
Once you know which solar system is suitable, it is necessary to know the benefits of installing solar. These are the key benefits of installing solar systems:
● Reduce carbon emission
● Get government rebates and certificates
● Increase property value
● Save on power bills
How much will my power bill cost if I install a solar system?
Installing a solar system comprises solar panels with a battery or large-sized solar panel.
This installation depends on your power usage and how many appliances you
operate. Usually, the cost of installing a solar panel varies from $3,500 to $10,000 depending on
the size and usage of power. If your power usage is high during night hours, it is best to
install a battery along with the solar panel.
The cost of solar panels is an outright investment. This investment will be returned once you
start saving on power bills. The Australian Government also offers rebates when you install
solar Panels on your home. The amount of rebate offered varies in each state.
In addition to rebates, the Government also offers a certificate on solar system adoption.
If the amount of power generated by your solar panels is more than your energy consumption, it will be transferred to the power grid. This process of supply of power to the grid is known as the feed-in tariff. When your excess power gets transferred to the grid, you receive credits on your power bill.
If you don’t want to export the excess power to the power grid, you can add a power battery to your system that will store the extra power for you to use later. This will
also help you save on your power bill.
Either way, depending on your power usage, you’ll be saving on your electricity bills.
You can expect to have made up for the money it cost to install your solar system in 3 to 5
years.
Conclusion:
When you install a solar system, you’ll see your power bills plummet. The amount you’ll be
saving depends on our location, size of solar panels, usage of energy, and local tariff rates. The
rebates offered by the Government vary with the quality of the solar panel.
NuWay Solar are experts in solar panel installation and offers easy financing options. The
company has nine years of experience expertly guiding residential and commercial
clients install the best solar for them.