THE FEED IN TARIFFS HAVE STOPPED IN MY STATE, IS IT STILL WORTH IT?
Feed in Tariffs have recently stopped in NSW, QLD, ACT, VIC, SA and TAS but does that mean Solar Power is no longer a good investment? Whilst it does decrease the financial incentive, the price of purchasing a Solar Power system in Australia has been plummeting over the past couple of years. This decreased price has offset the roll back of Feed In Tariffs. As a result, the standard Solar Power systems today can be paid off (by saving electricity) in 3-7 years and with a lifespan of 25-30 years it is certainly still a great investment.
HOW CAN I TRUST THE PEOPLE SELLING AND INSTALLING THE SYSTEM?
Knowledge is power. You need to understand what size system, what panels and what inverter is right for you. To do this you can visit our ‘How to find what is right for you’ page for buying or leasing. Reading and understanding the Clean Energy Councils’ Consumer Guide to Buying Household Solar Panels.
WHAT ABOUT THE GOVERNMENT REBATES?
Government rebates are changing year-by-year, state-by-state. You can find out which apply to you by visiting our rebates page. Generally speaking, Solar Power companies will give you an upfront discount and claim the rebates on your behalf.
The truth is that the answer differs with who you ask. Some say we have just being through a big price increase and prices will level off, whilst others say that the rise will continue increasing. We certainly believe prices will continue to increase. Looking at historical data, we can see that the past 4 years has brought a real increase of 35% in electricity prices. A study conducted by Port Jackson Partners and presented at the Power Australia Conference estimated that electricity prices will almost double in the next 6 years! The Australian Bureau of Statistics also tracks consumer price index for electricity prices. Without going into too much detail, the graph shows the general trend.
I HEARD THAT SOLAR POWER PRODUCES AS MUCH CARBON DIOXIDE AS OTHER ENERGY SOURCES.
There is no doubt that carbon is emitted in the process of making and shipping solar panels HOWEVER it has been proven time and time again that this amount is far smaller than coal or gas. The general consensus is that a solar power will save more carbon than it generates in only 3 years of producing power.
HOW MUCH CARBON WILL I SAVE?
This depends on a number of factors including how much electricity your Solar Power system produces and what it offsets i.e. does it decrease you using electricity from coal power plants.
The average 4kW Solar Power system producing 16kWh of electricity a day will save about 5.7 tonnes per year of carbon emissions! That is a good chunk of carbon…
WHERE CAN I GET SOME MORE, IMPARTIAL ADVICE ABOUT SOLAR POWER?
The peak body representing solar power is the Clean Energy Council (www.cleanenergycouncil.org.au). It produces the “Consumer guide to buying household solar panels” which tells a consumer in plain English everything they need to know about solar panels. The content includes how to differentiate between products, questions to ask your installers and finding the right system size for you.
IS THIS WEBSITE INDEPENDENT?
Well if we weren’t independent we would be out of business quicker than you could say Energy Savings! Our judgement is only used to make sure we have reputable Solar Power companies on our lists. This means ensuring they are certified by the Clean Energy Council, use accredited panels and inverters, have experience in completing Solar Power Installations and have all the appropriate insurances.