What is Residential Solar and why have it?
A residential solar power system converts sunlight into clean, free electricity you can use in your home during daylight hours. Today, over 2.5 million Australian homes have rooftop solar and are reaping the benefits.
- Lower electricity bills
- Greater protection from electricity price rises
- Attractive government rebates
- Short payback periods
- Reduced CO2 emissions
Five great reasons to ‘go solar’
- Saving money on electricity is a terrific reason for going solar. With electricity prices continuing to rise, generating free power from the sun will provide you with greater protection from escalating power bills.
- Attractive government rebates are slashing the upfront cost of solar by thousands of dollars. As these rebates will be phased out slowly, jumping on board now could make sense for your household.
- Solar prices are much lower than a few years ago. Greater system affordability, combined with government rebates, can mean a payback on your investment in just three or four years.
- Solar can help you become more energy self-sufficient. Lots of people are getting a larger system installed now – typically 5kW or more – with eye to the future when home battery storage and electric vehicles become the ‘new normal’.
- Solar certainly ticks the box when it comes to ‘doing your bit’ for the environment. A typical 5kW solar PV system in Melbourne will save around 7 tonnes of CO2 emissions annually, equivalent to 40 fewer cars over the system’s 25-year lifetime.
It’s like having a power station on your roof.
There are many factors to consider when looking at purchasing a solar system, the two most common are financial and technical.
Solar is not for everyone and the calculations involved to work out whether it makes sense can be confusing. This is why we use solar consultants and not just people who are good at sales. Our solar consultants will ensure you get the right product to meet your power requirements offering the best return on your investment. Using the information from your electricity bills, they’ll work out how much electricity you use – and at what time of the day or night. They will then recommend whether a solar power system is going to be a sensible financial investment for you and, if so, the size of system that’s going to best meet your requirements.
Plus, with all Specialized Solar systems, you’ll have the security of our performance guarantee to give you peace of mind. What this means is that we guarantee the amount of electricity your system will produce over a given period of time – and if it doesn’t, we fix it at our cost.
It’s a common misconception that solar systems only have two components: the panels and the inverter. The third often missed component is the monitoring system. The monitoring system will either give you the generation at the panel, string or inverter level. Some more advanced systems will also provide your grid energy consumption information. We ensure that the panels and inverters are of the best quality with the latest monitoring capability.
Incentives and Feed-in tariff
The Government solar incentives are being phased out from January 2017 to 2030.
The graph shows the value of the incentive based on a 5kW solar system.
Don’t wait for the price of solar to increase, speak to one of our solar consultants today about getting the best possible deal whilst the incentive is at it’s highest.
The feed-in tariff is the amount you will be reimbursed on your bill for exporting excess electricity to the grid.
If your solar system is generating more power than you are consuming at any given time the excess power is exported.
In Victoria, the feed-in tariff currently sits at 9.9c per kWh
Find out more (energy.vic.gov.au)
In addition to the feed-in tariff, there is another option for your excess electricity – store it.
Over the last few years, battery storage has become more viable due to improvements in technology and an increase in demand. This makes many of today’s battery storage systems more affordable. It also means that – for some households and businesses – investing in battery storage can make good financial sense. This is particularly the case if you want to avoid disruption or possible financial loss resulting from power outages to your property.
With generous government rebates now available for battery storage, the costs are coming down still further.
We supply and install many types of batteries – from lithium to salt water – as they all have their applications.
Book a solar consultant today to find out what a battery system can do for you.