Choosing a Solar Canberra System That is Appropriate For Your Home
Many Canberra residents are switching to solar power for cost-effectiveness and environmental reasons. Some are even adding a battery to their system for non-financial benefits like being self-reliant during blackouts.
A 5kW solar system in Canberra can begin at $4500 and is considered an entry level. It is important to compare energy retailers and find the best deal.
Cost-effectiveness
Choosing a solar Canberra system that is appropriate for your home will help you save money on electricity bills. It will also reduce your carbon footprint and contribute to a more sustainable future. Depending on the size of your system, it may be able to cover all or most of your energy needs. A 6.6kW system will generate more than enough power for an average household, but you can increase or decrease the size of your system to maximise your return on investment.
The cost of a solar panel system will vary from one provider to another, and will depend on the type and quality of panels installed as well as any additional components. The cost will also be affected by your energy consumption and the amount of money you earn from the feed-in tariff.
The ACT government’s national leading programs, including Solar Banks and the Sustainable Household Scheme, are aimed at making it easier for Canberra residents to go solar. These rebates are a great way to offset the cost of installing solar.
Environment-friendly
Investing in a solar system Canberra can save you money and reduce your dependence on the electricity grid. It works by converting sunlight into direct current (DC) electrical energy using semiconducting materials. This DC power can then be converted to alternating current (AC) to run household appliances or send it back into the grid. Solar systems can also be connected to a battery storage system for additional savings.
You can benefit from a range of incentives and rebates to help you get started with solar power in Canberra. These include feed-in tariffs and government incentives, which can significantly reduce your initial investment.
It’s important to choose a qualified installer to ensure that your solar power system in Canberra is installed properly. This will protect your investment and improve the longevity of your system. Additionally, a reputable installation professional will be able to provide a range of energy efficiency upgrades for your home. These upgrades can increase the overall value of your property and lead to significant financial savings.
Save money on electricity bills
The cost of a solar power system is a big investment, but it pays off in the long run. Not only do you save on your electricity bills, but you also help to reduce carbon emissions in the Canberra region. In addition, you can benefit from government rebates and tax concessions.
It’s important to understand how solar energy works before investing in it. Solar panels convert sunlight into direct current (DC) electrical energy using semi-conducting materials. This energy is then converted into alternating current electricity by an inverter. The resulting AC energy can then be used in appliances and household devices that require it.
It’s also possible to make further savings by switching to a different energy provider or taking advantage of off-peak rates. In some cases, it’s even possible to achieve $0 electricity bills by limiting consumption during peak times. Moreover, you can save more money by using energy-efficient appliances and replacing incandescent light bulbs.
Feed-in tariffs
The ACT government offers several incentives to encourage householders to install solar power systems. These include a generous feed-in tariff (FiT). The FiT is an incentive offered by electricity retailers to home owners for the renewable energy generated and sold back to the grid. The FiT rate is usually higher than the default market offer.
A 6.6kW system is capable of producing around 24-30 kWh per day in Canberra, enough to cover a substantial portion of your energy consumption. You will also receive credit on your energy bills for any excess electricity you send to the grid.
This extra electricity is often sold at a premium to other households who are not home during the day. This extra income, known as the “Feed-in Tariff” or “FiT”, is a great way to offset the cost of your solar system. The exact amount you will get paid varies, depending on your electricity retailer and your billing arrangement.
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