How to Get the Best Solar Deals in Canberra

best solar deals canberra

When shopping for a solar panel system in Canberra, understand your energy consumption habits and the condition of your roof to choose an appropriately-sized system. It’s also important to know how to maximise benefits, such as earning a credit on your electricity bill for unused solar energy sent back into the grid.

1. High solar feed-in tariffs

The ACT has some of the best solar feed-in tariffs in Australia. However, it is important to consider the overall electricity costs when selecting a plan. For example, high solar FiT rates often come with higher usage and supply charges. Use WATTever’s electricity comparison to find the best deal for your household.

Currently, the best solar feed-in tariff in the ACT is offered by ActewAGL. Their “Solar Saver” plan offers a rate of 15 cents per kWh for the first 15kW exported to the grid each day. The rate is not as high as it used to be, but it is still a good return on investment for households that can shift their consumption to the daylight hours. However, the returns can be even better with a properly sized system for your household’s consumption habits.

2. Low grid electricity prices

A solar power system can reduce a household’s electricity demand and help lower electricity bills. Depending on usage, many households can easily pay for their solar system within 4-7 years thanks to low electricity prices and rebates.

With seven hours of sunlight per day, an unshaded 5kW solar system can generate enough energy to offset a Canberra home’s average daily electricity use. Any unused energy is then exported to the grid, earning the owner a feed-in tariff. Recent wholesale electricity prices in the National Electricity Market (NEM) have fallen due to increased generation from both grid-scale renewables and rooftop solar, as well as falling coal prices. This is great news for ACT electricity customers and consumers. We recommend keeping a close eye on prices by regularly checking pricing plans using a comparison site.

3. Net metering

With the right solar system, you could easily generate enough energy to meet your electricity needs and save money. Just check your energy bills to see how many kWhs you use on average, then multiply that by the peak sunlight hours in your area and your panels’ wattage rating.

When your solar power system produces more energy than you use, the excess energy gets exported into the grid. Your electricity retailer will then pay you for this unused energy in the form of a solar feed-in tariff.

Many ACT homeowners have already made the switch to solar power and are now enjoying high electricity savings. Find a local installer in your area and compare free solar quotes today.

4. Government rebates

The ACT government offers rebates on solar battery storage systems to encourage households to adopt green energy. Depending on your system size and zone, you may qualify for up to $825 per kW of rebate. You can check if you’re eligible for the ACT household battery rebate here.

To maximise your return on investment, it’s important to understand your average electricity consumption to choose an appropriately sized solar power system. It’s also best if your home can store the energy it produces for use at night.

The ACT government provides point-of-sale discounts on solar PV and battery storage for pensioners and concession card holders. You can also receive upfront discounts and power bill credits through the ActewAGL appliance upgrade offer. The ACT government also provides a rebate on electric hot water heat pumps and air conditioners.

5. 0% interest payment plans

If you’re considering installing a solar PV system or battery storage in Canberra, make sure to check out the government rebates and interest-free loans that are available. Some Canberra solar installers also offer instrumental payment plans to customers that can stretch across 3-10 years. For example, the ACT government’s Solar for Low Income Program offers a subsidy of up to 50% of the cost of a rooftop solar PV system and up to $2500 for the installation of energy efficient appliances like reverse cycle air conditioning and hot water heat pumps. Additionally, if you’re an eligible pensioner or veteran, you can get upfront discounts and power bill credits through the ActewAGL appliance upgrade offer.



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