solar panel system

Save $1000’s a year by Installing Solar Panel System at Home?

There is no dearth to say that solar panel systems can save a huge amount of money in the long run. Believe it, the solar panel system is a long-term investment and then one can get benefits for years. Solar energy can help a homeowner reduce the electricity bill and also help save natural resources like fossil oils, natural gas and coals.

To get information in details, we must consider the below factors:

What’s Your Average Energy Electricity Bill?

That’s quite easy. Get the bills for the last one year, sum the amount and divide it by 12. That will be your average energy bill per month. In the same way, you can calculate the last 2-5 years of average energy consumption. Generally, the energy consumption is calculated in Kilowatt-hours (kWh). I hope you are well aware of it.

Once you know your actual energy consumption per month, you will have a better idea of which solar panel system will work efficiently for you.

For example, a large home with higher electricity requirements will need a solar system with at least a 5kwh range or higher than that.

A 5kWh solar system produces 18kW/h – 23kW/h of solar energy; this may vary depending on a region you are living in. See your bill to determine how many Kilowatt-hours your home electrical utilities use.

On that basis, you can easily calculate what size of system you need. If still not getting it; contact us today. We will figure it out for FREE.

Feed-in Tariff (FiT) Rate:

Do you know about FiT? It’s a kind of rebate a person gains when he sends excessive solar energy back to the main grid. Several homeowners sign the FiT agreement with the power supplier. They will be offered energy at a rate of 17c / kWh by AGL for the power that is fed to the main grid. Feed-in Traffic varies state to state and energy supplier to the energy supplier.

Choose the best FiT rate provider in your nearby region and consume the energy at a very low rate. We recommend AGL at the moment as they are offering 17c for Feed in Tariff

This helps a lot when you are on vacation or out for a week for some other work. HOW? During that time, solar energy will be transferred to the main grid and then when you come home, you can consume that energy at a very low rate.

The Place You Live:

Australia is one of the highest solar energy producers around the world because of the highest solar radiation / square kilometer. This means we have a great opportunity to generate solar energy.

But not all places in Australia have the same solar radiation per square meter. That means you can’t get the same solar energy in two different places in Australia. For example, Solar panel systems in QA will harness more power of sun than the same system installed in Melbourne.

In general works, in one region of Australia where solar radiation is higher, you may need to install just a 2kW solar unit and in another region where solar radiation is lesser, you may need to install 3kW or higher unit to achieve the equivalent result.

Remember, the cost of solar equipment and installation depends on how many kWh solar system you are going to install. It means a 2kW system will be installed at a lower cost than a 3kW system.

Electricity Prices:

The money you are paying for the electricity from the main power grid will affect how much a solar panel system helps to save your hard-earned money. If you are paying a higher rate per unit; you can save more with the solar system.

The Cost of Living:

As the cost of living is increasing gradually, people spend more on expensive grocery items. We all know the manufacturing of such items require fossil fuel and natural gases. And so, the prices of fuels have been increased and so increasing electricity rates.

With the help of a solar power system, you can easily save money by not using electricity supplied to your home at a higher rate. In short, you are reducing the dependency from conventional power sources & so will not face the increased energy bills in the future.

Wrapping Up…

Having a solar power system installed at your home roof will help to save your money over the long run & also reduce the dependency from conventional energy sources. Furthermore, you are likely to contribute your part to save the environment from various types of pollution.

Remember, the right solar panel system will never disappoint you in the future.

Author: Admin | Aussie Sun Solar

Date: December 23, 2019

Tags: cost of living, electricity bill, install, price, solar

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