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With Australian power bills set to go only one way, perhaps it is time to comply with the lead of Malcolm Turnbull and mount solar panels on the roof.
Just a couple of weeks earlier, in February 2017, high temperatures sent electrical power usage rocketing creating power blackouts in South Australia and coming really near to it in NSW.
Prime Minister Turnbull last year updated the solar panels on his roof to a 14.5 kilowatt hour system, as well as included a 14 kilowatt hour battery at a total cost of around $25,000. This could be out of the reach of the typical Australian person, but then the ordinary Australian house doesn’t need the capacity that the Prime Minister’s house clearly needs.
For instance, since solar panels only provide you with electrical power when the sunlight is radiating, you won’t be utilizing much power if you go to work throughout the day, and you will certainly use much more when you get home in the evening when the sun has actually gone down. If you install a battery, then that alters due to the fact that the battery will certainly charge while you go to work and afterwards provide power when you get home.
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Installing solar panel system could provide you a cozy glow as you know that you are assisting the environment, however it has actually the added advantage of cutting down the expense of your power expenses and also most likely shielding you from any power cuts. You also stand to gain from the feed-in tariffs (FiTs), most of which today are net FiTs. This suggests that the power that your system creates and feeds into the grid is spent for at the very same price as that which the power company offers it for. (Up until just recently, the ACT and NSW operated gross FiTs which saw family manufacturers much better off than net FiTs, yet these gross FiTs have actually currently been discontinued).
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One more significant aspect when considering the cost of a domestic solar energy system is whether you intend on including a battery. If you intend to add battery storage this could double or even treble the total bill. An entry level battery will certainly cost you around $2,000, while the current all-singing, all-dancing Tesla Powerwall 2.0, which has twice the capability of the earlier version, sets you back an eye-watering $11,000. Nonetheless, you may assume it worth the rate due to the fact that the 14 kwh Powerwall will certainly last you for practically a complete day even if it is cloudy, if your intake is the Australian national standard of 16 kwh per day.
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What About The Cost Of Solar Panel Installation?
So what is the first solar installation cost? This will vary according to the size of your home, the quantity of electrical energy that you make use of, as well as where you live. In February 2017 the price of an ordinary 3kwh system ranged from $4,000 in Perth to over double that at $8,600 in Darwin. On the whole, throughout Australia, according to Solar Choice which is a solar panel installation contrast and brokerage company, the average was $5,250. Definitely, the cost of installing solar energy has actually reduced since 2016 by somewhere around 10%, so currently is a great time to consider home solar installation considering that it is not likely that rates will certainly go down any further.
Solar Choice likewise says that it is important to get the ideal size of solar power system for your house. You must be using a minimum of fifty percent of the overall amount of power that the solar power home system produces.
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Nevertheless, your city is not the only variable influencing the financial savings made by installing solar panels. Other key points to think about are how much electrical energy you use, the size of your solar system, the direction in which your roofing system faces, whether your house gets complete sun or is partly shaded, whether you install a battery, whether or not you install intelligent software to increase cost savings, and even the time of day that you use your electrical energy.
As an example, because solar panels just provide you with power when the sunlight is radiating, you will not be making use of much electrical energy if you go to work all the time, and you will make use of a lot more when you get home during the night when the sun has dropped. If you set up a battery, then that alters because the battery will certainly charge while you go to work then offer power when you get home.
Obviously, the opposite is true, since if you are at home all day you will certainly use a lot more electrical energy in the day time, so your savings will be greater. Some people that go to work all the time and do not have a battery mounted have the tendency to do things like have the washing machine running while they are out therefore using power during the day. Otherwise, you might only be running the refrigerator and the fridge freezer in the day time. In addition, if you are at home during the day you might also be running water heating, and room heating or cooling in the day time. Generally, water heating and also room heating amount to between 50% and 70% of the electricity utilized by a typical home. For this reason the Alternative Technology Association has stated that if you want to get the best value for money from solar you must change away from gas water and space heating.
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Clearly, if your home remains in complete sunlight and the roof covering faces the sunlight for most of the day you will get more benefit than if the sunlight goes behind another building or possibly a row of trees for half the day, unless you have a battery. Interestingly, the very first Australian who had actually a Tesla installed, Nick Pfitzner of Kellyville Ridge, mentioned that his quarterly electricity bill dropped from $660 to simply $50 for the same quarter.
Some power companies also provide add-ons such as smart power monitoring where they evaluate the amount of power your residence demands and then make use of weather forecasting to make a decision whether to make use of solar or battery power, or to draw power from the grid. By doing this, one business, Evergen, declares to be conserving clients as much as $2,000 a year.
So you can see that there are undoubtedly a considerable variety of variables that influence the cost savings that you could make, all of which leads us onto the repayment time. Simply puts, how much time it takes prior to you have actually covered the price of the installation of solar panels.
How Long Does It Take To Payoff Your Solar Panel?
Solar Choice| has prepared a table based on a 3kwh system and presuming that the house makes use of 50% of the electricity created. This gives a pay-back time of just 3.2 years in Perth, where installment costs are least expensive, to as long as 8.2 years in Darwin. Sydney displays in at 5.3 years, Adelaide and also Brisbane at 4.3 years, Melbourne at 7.0 years, Hobart 7.2 years, and Canberra 7.9 years.
Take a look at what others are saying about these great products and services.
“The system is performing so far as predicted by Alex, who is the owner of Advanced Solar Technology. The whole process of providing and installation of the system has been completely trouble free and very professional. I would recommend this company to anyone who is in the market for a PV system.”
“I would recommend Clean NRG if you’re considering installing solar on your home. Tony from Clean NRG took the time to understand my energy usage first by working through 12 months of old power bills. From this information Tony then suggested a 3KW system based on my current power usage around the home.Initially I was thinking of a 5KW system, so this advice saved me around $1200. I would recommend Tony and the CleanNRG team for honest advice when purchasing your Solar. Thanks Finn for your help in guiding me to Clean NRG, it certainly cleared up some of the confusion that occurs when you first set out to purchase solar. ”
“The service from Tony and the team was excellent from start to finish. Everything went smoothly, it was installed on time on the day they said and the installers were very good even cleaned up afterwards. I would recommend NRG without hesitation to anyone. Thanks for a job well done.”