Is it worth installing home solar panels in Perth? (2022 Guide)
Installing solar anywhere comes with numerous benefits. When you go solar, you switch to using a renewable source of energy, with that you contribute to a greener planet by reducing your carbon footprint. Fitting a solar panel system on your property means that you are saving up on your energy bills, earning by providing excess energy to the grid. And this lasts for a lifetime, bringing you the best returns on your investment.
Let us just take a moment and see the solar statistics in Australia. Australia has installed over 40 million solar panel systems and 21 percent of electricity produced comes from renewable resources including solar power. Around 20 percent of Australian homes are equipped with solar panels un till the year 2020, saving electricity costs up to 600 dollars every year.
One of the prime factors needed for solar systems to produce electrical energy is great sunshine. This is best part of owning solar homes in Perth because, Perth is the sunniest state in Australia getting an average of 8.8 hours of sunshine according to meteorology data.
As a solar system investor, there’s more than 1 way to financially benefit from it.The first way is the most obvious, you consume all the electricity produced from it within your home, by using your appliances. This will cut your electricity bill right from the get go. Also, this method works best when you can be sustainable with your solar output to fulfil all your power needs. At some point, your solar panels will be producing electricity but there’s no appliance to make use of it. That’s when you’ll need a battery pack to store the excess for later use or sell the excess to your power grid, that brings us to the 2nd method.
Using net-metering schemes you will be able to sell electricity produced by your solar system back to your power grid. And they will adjust this power with your usage from the grid. Australia now provides between 3 and 8 cents per kilowatt-hour of energy you give to the grid. And this may even rise up to 10 cents per kilowatt-hour of energy in the future.
The other method to benefit from a solar system is by making use of government rebates. Governments around the world and in Australia have been subsidizing solar investments. This is to encourage mass adaption of the technology and toward a greener source of power generation. Talk to your local municipality on how to avail of this benefit.
As more and more Australian homes install solar panel systems, solar panels prices have decreased greatly. You can expect to implement a solar system with an average budget of 5000 dollars on your property. It is also vital to note here that; your property is valued at a greater price if you have a roof top solar panel system installed. This can increase your property value by 6 times the price of your installed solar panel system.
So, this is probably the best time to install residential or commercial solar systems on your property to cut out on energy bills, boost your property’s market valve, and reduce your carbon footprint.
Tanway Engineering, a clean energy council accredited installer, operating in Perth/Brisbane guides rooftop solar panel systems for Commercial/Residential/Business places. We visit your place to get an understanding of your surroundings and guide you in selecting the best fit equipment. Tanway Engineering provides photovoltaic solar systems with varying energy outputs that are suitable for your residence or home or business. Contact us now to know more!