logo
logo
Sign in

How Solar Panels Can Reduce Your Electricity Bill

avatar
Advanced Solar Technology
How Solar Panels Can Reduce Your Electricity Bill

Solar panels collect energy from the sun, and can significantly reduce your electricity bill. The exact amount you save will depend on a few factors, including your current power usage and the type of system you choose.

Perth receives plenty of sunshine throughout the year, and systems can produce a large number of kilowatt hours (kWh) per day. This energy can be used directly to reduce your dependency on grid power or sold to your energy provider through a feed-in tariff program.

Save Money on Electricity

The sun is an abundant source of clean, renewable energy and solar installation Perth can help you save money on your electricity bill. When your system produces more energy than you need, it’s fed back into the grid and you get paid for every unit that you send in.

This is known as a solar feed-in tariff, and it can be a great way to save on your electricity bills in the long term. It also helps you to cut down on your carbon footprint.

The amount of money you can save on your electricity bill will depend on a few factors, including the size of your home and your consumption behaviour. But if you are willing to make the change and install solar power, it’s definitely worth the investment.

Reduce Your Carbon Footprint

If you’re looking to save money on your power bills and reduce your carbon footprint, solar installation Perth is a great way to do both. These systems work by drawing power from the sun to run all of your appliances.

Depending on the size of your system, you can save up to 30% on your electricity costs every year. This savings can even help to offset the cost of the system itself, providing an interest free cash flow positive return on your investment.

The key to saving money with solar is'self-consumption' – using the energy generated by your solar panels directly, within your home/business. This can be achieved by turning your air conditioner off at night, unplugging devices during the day, and driving less.

Increase the Value of Your Home

Solar installation Perth can add value to your home by helping you save money on your energy bills and reducing your carbon footprint. This makes your home more appealing to buyers, resulting in increased sales.

Solar panels are a popular investment among homeowners in Perth and across

Western Australia, with their price falling dramatically in recent years. However, they still come with an upfront cost that many homeowners might find difficult to afford.

Fortunately, there are many installers in Perth that offer quality solar products at competitive prices. Some of them even provide zero interest repayment plans and a range of customised packages to suit different customer needs.

Access the Small-scale Renewable Energy Scheme

The Small-scale Renewable Energy Scheme (SRES) provides a financial incentive for households and businesses to install solar power in Australia energy systems. These are generally solar power systems, but they can also be wind turbines or hydro generators.

Each eligible solar system generates a certain number of small-scale technology certificates (STCs) based on the system’s capacity and the energy it produces or displaces from the grid. Each STC has a dollar value and is redeemable by electricity retailers.

Depending on the size of your solar system, STC incentives can reduce your upfront costs by over 30 per cent. This means that even a modest 6.6 kW system will save you over $3,465 in the first year of use.

Perth is one of the sunniest places in the world, and installing solar panels on your roof can make a big difference to your power bill. Plus, you can earn money for any excess electricity you feed into the grid through a program called the Feed in Tariff (FIT).


collect
0
avatar
Advanced Solar Technology
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more