solar panels

Are Solar Panels Worth It? Exploring the Benefits of Switching to Solar Energy in Australia

As the world becomes increasingly aware of the impact of climate change, many Australians are looking for ways to reduce their carbon footprint and contribute to a sustainable future. One popular option is to switch to solar energy by installing solar panels on their homes or businesses. But, are solar panels worth it? In this blog post, we will explore the benefits and upfront costs of switching to solar energy in Australia and why solar panels are a smart investment.

Save Money on Your Electricity Bill

Is solar worth it? If you’re looking at the financials – yes. One of the biggest advantages of switching to solar energy is that it can significantly reduce your electricity bill. By generating your own electricity through solar panels, you can avoid the rising costs of electricity from traditional power companies.

Additionally, many Australian states offer feed-in tariffs, which means that you can earn money by using solar storage and exporting any excess electricity generated by your solar panels back into the grid. These savings from solar panels can provide you with a passive income and further reduce your energy costs. How much does having solar panels save you? About $400 per year, per kilowatt.

Increase the Value of Your Property 

Another benefit of installing solar panels is that it can increase the value of your property. Studies have shown that homes with solar panels sell for more than homes without solar panels. This is because buyers are willing to pay a premium for a property that already has a reliable source of renewable energy, namely solar electricity, which can save their energy consumption and their money on electricity bills in the long run.

The value of your Sydney home will increase

Access to government rebates to help cover the cost of your system

Greater independence and less reliance on your energy retailer

Reduce Your Carbon Footprint 

Is it worth getting solar panels? If the safety of the environment means a lot to you, it sure is. Switching to solar energy is an effective way to reduce your carbon footprint and contribute to a more sustainable future. How do solar panels save energy? Well, solar energy is a clean, renewable source of energy that produces no greenhouse gas emissions, unlike traditional fossil fuels. By generating your own electricity through solar panels, you can reduce your energy bills and your reliance on coal-fired power stations, which are one of the largest sources of greenhouse gas emissions in Australia.

Government Incentives and Rebates

The Australian government offers several incentives and rebates for homeowners and businesses that switch to solar energy. The Small-scale Renewable Energy Scheme (SRES) provides a rebate for solar panel installations under 100kW. Additionally, the federal government offers the Solar Homes and Communities Plan, which provides funding for solar panel installations in remote and Indigenous communities.

Reliable and Low Maintenance

Solar panels are a reliable source of energy, with most panels having a lifespan of 25 years or more. Once installed, solar panels require minimal maintenance, with only occasional cleaning required to ensure solar systems’ maximum efficiency. This means that solar panels can provide a long-term, low-maintenance solution for your energy needs.

How Much Money Do You Save With Solar Panels In Australia?

Let’s take New South Wales for an example. In New South Wales, installing a solar system can provide significant savings on your power bills. The amount you can save depends on the size of the system you install. A solar system with a capacity of 1 kW can save you approximately $400 per year. Therefore, an 8 kW solar system can save up to around $3,400 per year from solar energy, which translates to $850 for every quarterly energy bill.

To maximise your solar savings further, we recommend that you consider installing a solar battery. This can enable you to use solar power for most, if not all, of your power consumption. If you choose to install a battery, we will size your solar system based on how much power your average daily power usage (24 hours) rather than just the power you use during the daytime.

In New South Wales, the smallest solar system we install is a 5 kW system, which can generate approximately 20 kWh of solar energy per day. This system can save you around $500 per quarterly power bill if you use all the solar power generated. To get the most out of your solar system and power costs, we suggest a solar panel system if you have a quarterly power bill of at least $400-$500.
If your power bill is more than $500 a quarter, installing a solar power system is likely to be very beneficial. Generally, the larger your power bill, the more money you can save, making a solar power system a worthwhile investment.

In conclusion, a solar install is worth it for many Australians looking to lower their electricity bill with solar panels, reduce their electricity consumption and carbon footprint, increase the value of their property, and contribute to a sustainable future. With government incentives and rebates, solar panels have become an increasingly affordable and attractive option for homeowners and businesses. By generating your own electricity through solar panels, you can take control of your energy needs and reduce your reliance on fossil fuels. So, if you are considering switching to solar energy, now is the time to take action and start reaping the benefits, buy solar panels.

Frequently Asked Questions

How long do your Sydney solar panels last?

Around 25 years, provided they’re well-maintained. Solar panels need to be regularly cleaned and serviced, whether by yourself or a professional.

What types of houses are compatible with solar panels?

Generally, most homes are compatible with solar panels. Homes with south-facing roofs may not be ideal for solar panels — but there are options, such as ground-mounted panels as alternatives.

What type of solar panel is best for residential use?

The easiest way to find out which solar panels might be best for your home is to contact our customer service team. They’ll walk you through our product range and match you with the right product.

How do I find the best residential solar installer in Sydney?

Are you considering installing a solar system for your NSW home? Then you’ll want to find the right solar installation company that offers the most experience and know-how.

The best solar installers will give you valuable advice on solar batteries, panels and the most effective systems to store solar energy.

Sunbrite Solar gives you access to the best residential solar installers in Sydney and across NSW. 

Get a FREE quote today and find a trusted and certified team who will install your solar system for less. 

What are the benefits of paying for residential solar panel installation?

Going solar has never been a more cost-effective and accessible option for residential homeowners!

By investing in solar panel installation and the best solar PV system, homeowners can power their homes with clean, renewable energy while potentially lowering their electricity bills. 

Additionally, using solar energy helps to reduce our reliance on non-renewable energy sources such as fossil fuels, thereby reducing our carbon footprint and mitigating the effects of climate change. 

Solar panels also require minimal maintenance and have a long lifespan, making them a smart investment for the future. 

With government incentives and financing options available, there has never been a better time to make the switch to solar power in your home.

What’s the cost of residential solar panel installation in Sydney?

You can find out the price of a residential solar installer in Sydney with our free solar quote system. 

Simply submit your details and we’ll provide you with a range of qualified solar installers and their quotes.

You’ll be free to explore these prices and find the one that suits your needs and your budget. 

When estimating the cost of your residential solar battery installation, an additional factor to consider is how much the right solar battery installation will save you on your electricity bill. 

Generating and storing this renewable energy is an unbeatable way to minimise your energy bills – and you can even sell excess solar energy back to the grid! 

So while there will be some initial outlay for your solar PV system, getting real value for money on your installation and the savings you’ll enjoy over time will make this a great investment!

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