How Much Money Can You Save With Residential Solar Panels?

How Much Money Can You Save With Residential Solar Panels

Switching to residential solar panels can offer significant savings for Australian homeowners, with financial benefits stemming from reduced electricity bills, government incentives, and potential earnings from feed-in tariffs.  

The exact amount saved depends on various factors including geographic location, energy consumption, panel capacity, and local regulations.  

Currently, the price of solar panels is at its lowest point ever, with a fully installed high-quality, average-sized 6.6kW solar system package starting from as low as $890, that too with a $0 upfront cost.  

Additionally, due to the rapid advancement of solar technology, it is feasible to see a return on your investment within three to five years, all while paying less for your typical electricity consumption. 

So, let’s explore these elements in more detail to find out exactly how much money can you save with residential solar panels and how you can maximize them. 

Electricity Prices in Australia Balancing Costs and Alternatives

Electricity Prices in Australia: Balancing Costs and Alternatives

Electricity prices in Australia exhibit significant variation across different states and territories. The average rate for electricity consumption is influenced by several factors, including generation methods, network infrastructure, and retail pricing strategies. Here are some key points to consider: 

Price Range: 

The average cost of electricity in Australia typically falls within the range of $0.20 to $0.45 per kilowatt-hour (kWh). 

However, it’s essential to note that this range can vary significantly based on the specific state or territory where you reside. 

State-Specific Differences: 

South Australia tends to have the highest electricity prices, with an average rate of 45.3 cents per kWh. This higher cost is primarily due to the state’s reliance on renewable energy sources such as wind power and gas, which can be more expensive than coal-based generation. 

Other states may have lower average rates, but the exact figures depend on local regulations, energy mix, and market dynamics. 

Factors Affecting Costs: 

  • Generation Costs: The cost of producing electricity varies based on the energy sources used (e.g., coal, natural gas, renewables). States with abundant renewable resources (like solar and wind) may have lower generation costs. 
  • Network Charges: Network costs cover the maintenance and operation of transmission lines, substations, and distribution networks. These charges can constitute a significant portion of an energy bill. 
  • Retail Mark-Ups: Retailers add their own mark-up to the wholesale electricity price. These mark-ups allow retailers to cover their operational expenses and make a profit. 

Solar Panels as an Alternative: 

Given the relatively high electricity costs, many Australians consider alternative energy solutions. 

Solar panels have become increasingly popular. They allow homeowners to generate their electricity from sunlight, reducing their reliance on the grid. 

High electricity costs make solar panels an attractive option for reducing energy bills, especially in areas with ample sunlight. By harnessing solar energy, households can offset their electricity bills and contribute to environmental sustainability. 

Therefore, while electricity prices in Australia can be steep, exploring renewable energy options like solar panels can help mitigate costs and promote a greener future. Understanding the local energy landscape and making informed choices can empower you to manage your electricity expenses effectively.  

How Solar Panels Work

Solar panels are constructed using silicon, which is the most prevalent semiconductor on the planet. Silicon is ideal for producing solar cells due to its exceptional electrical, optical, thermal, and environmental characteristics. Its availability and cost-effectiveness also make it a smart option for solar panels. 

Additionally, for solar panels to function effectively, the semiconductor utilized must possess high light-absorption capabilities and be able to withstand various weather conditions. 

And silicon meets all the requirements in this area. 

In short, solar panels convert sunlight into electricity through photovoltaic (PV) cells. This generated electricity can be used immediately to power your home or stored in batteries for later use. Any excess electricity can be fed back into the grid, earning you credits through feed-in tariffs. 

But if you want to know more in-depth on how solar panels work then click here.

Key Factors Impacting Solar Panel Savings

Key Factors Impacting Solar Panel Savings

1. Solar Panel Size and Capacity 
The capacity of your solar panel system (measured in kilowatts) determines how much electricity it can generate. Common sizes for residential systems range from 6.6 kW to 13.2 kW, with larger systems producing more electricity and, consequently, greater savings. 
 
2. Location and Sunlight 
Australia’s climate is generally favourable for solar energy, with abundant sunlight across most regions. Locations in northern and central Australia tend to receive more sunlight, which translates into higher energy generation and more savings. 
 
3. Electricity Consumption 
The more electricity you use, the more you can save by generating your own. If your usage matches your solar panel output, you can significantly reduce or even eliminate your electricity bills.

4. Government Incentives and Rebates 
The Australian government offers various incentives for residential solar panel installations. The Small-scale Renewable Energy Scheme (SRES) provides financial incentives based on the expected output of your system over its lifetime. These incentives can reduce the upfront cost of solar panels. 
 
5. Feed-in Tariffs 
Feed-in tariffs allow you to earn money by selling excess electricity back to the grid. The rate varies by state and energy provider, ranging from $0.05 to $0.20 per kWh. This additional income can further offset the cost of your energy bills.

Average Savings from Solar Panels

On average, Australian households with solar panels can save between $800 and $2,000 per year on electricity bills, depending on the factors mentioned above. The total lifetime savings (over a 25-year period) can range from $20,000 to $50,000 or more, making solar panels a worthwhile investment. 

Return on Investment and Payback Period

The initial cost of installing a solar panel system in Australia can range from $4,000 to $12,000, depending on size and quality.  

However, the combination of reduced electricity bills, government incentives, and feed-in tariffs can lead to a payback period of 4 to 7 years. After this period, the energy savings and feed-in tariff earnings become pure profit.

Are Solar Panels Worth it?

Certainly! Without a doubt, yes—provided you have the budget for a high-quality solar system and purchase from reputable solar companies. This is why numerous Australian households and businesses are embracing solar power because the financial benefits are compelling.  

When properly sized, solar power can be as inexpensive as 5 cents per kWh, resulting in a return on investment within three to five years.  

By conducting thorough research, such as understanding initial costs and the factors impacting long-term savings, you can take control, reduce your carbon footprint, increase your property’s value, and save money by transitioning to solar panels.

Conclusion

Residential solar panels in Australia offer significant savings potential, with average yearly savings ranging from $800 to $2,000. The exact amount you can save depends on factors like your location, electricity consumption, solar panel size, and government incentives.  

Investing in solar panels goes beyond just financial savings; it signifies a dedication to a greener, more enduring future.  

With advancing technology and the increasing affordability of solar power, the benefits of solar panels in Australia, both financially and environmentally, will only continue to expand.  

As the world moves towards a more sustainable energy environment, choosing to invest in solar panels is a forward-looking decision that provides immediate savings and a more robust and brighter energy future. 

With the right setup, solar panels can provide a solid return on investment and long-term financial benefits. If you’re considering making the switch, be sure to research local regulations, incentives, and energy providers to maximize your savings.

Contact Solar Emporium for your residential solar panel installation

Solar Emporium is a trusted name in the growing industry of solar panel installations in Australia. If you’re unsure about the most suitable solar panels for your home, reach out to us and we’ll assist you in selecting the ideal solar system for your specific requirements.

Our Solar Experts are here to Help!

What Is The Best Angle And Orientation For Residential Solar Panels

If you’re planning to put solar panels on your house in Australia, you might be thinking about which way they should face to get the most sunlight.

Our solar expert can give you the best advice for your situation. But there’s a general rule that usually works well. So what is the best angle and orientation for residential solar panels?

Setting your panels at this angle means they’re close to or match the latitude of your home. Doing this helps your panels soak up more sunlight more often, which means they can produce more electricity.

Australia has lots of rooftop solar panel systems, more than 2.3 million of them! Almost 20,000 new ones are added every month. Using sunlight to make power is smart and good for the Earth.

To make sure these solar panels work their best, it’s important to know where to put them. Today, we’ll talk about the best spot, direction, and way to place your solar panels to get the most out of them. It’s key to get the most power possible from your solar panels.

Best Orientation for Solar Panels in Australia

Solar energy is when we use the sun’s power to make electricity. Solar panel orientation means which way your solar panels face. It’s critical because it decides how much sunlight your panels can grab and turn into electricity.

In Australia, it’s usually best to have your solar panels facing north. North-facing panels in the Southern Hemisphere, like in Australia, get the most direct sunlight during the day. This helps them make the most solar energy.

When your panels face north, they catch sunlight from the part of the world where the sun is highest in the sky.

By pointing your solar panels north, you can use the sun’s path to get the most solar energy possible. North-facing panels get sunlight from sunrise to sunset for most of the day.

But if your roof doesn’t have much space or gets shaded, you can still get some energy from panels facing east or west. East-facing panels get sunlight in the morning, and west-facing ones get it in the afternoon.

However, north-facing panels usually make more energy than east or west-facing ones. Having your solar panels face north helps them get the most sunlight all day, which means they make more energy.

Also, tilting the panels at the right angle is important too. Ideally, the angle should match your location’s latitude to get the most sunlight over the year.

North-facing panels tilted at 30 degrees make the most solar energy all year round. This setup is especially good for people with a fixed feed-in tariff because it saves them the most money.

Best Angle for Residential Solar Panels

In Australia, it’s often best to have your solar panels facing true north and tilt them at an angle between 30 and 45 degrees. This is because we’re in the southern part of the world, and the sun moves northward.

Setting your panels in this way means they’re almost the same angle as the latitude of your home. This helps your panels get more sunlight more frequently, which means they can make more power.

So, by pointing your solar panels towards true north and tilting them at the right angle, you can make sure they get lots of sunlight, which makes them produce more electricity.

When we say the best orientation for solar panels is true north and at a 30-45 degree angle, it’s because of how the sun moves across the sky in the Southern Hemisphere.

In Australia, the sun appears to move from east to west during the day, but its path is angled towards the north.

So, by facing your solar panels towards true north, you’re directly aligning them with the sun’s path, allowing them to capture sunlight for most of the day.

The reason for tilting the panels at an angle between 30 and 45 degrees is to match the angle of the sun’s rays during different seasons.

In the summer, the sun is higher in the sky, so tilting the panels closer to 30 degrees allows them to capture more sunlight.

In the winter, when the sun is lower, tilting them closer to 45 degrees helps maximize exposure to sunlight.

By matching the angle of your solar panels with the angle of the sun’s rays throughout the year, you ensure they receive optimal sunlight exposure, leading to increased power generation.

So, the combination of facing true north and tilting the panels at the right angle allows your solar panels to capture more sunlight more often, ultimately resulting in greater electricity production and more savings on your energy bills.

Why is the Orientation and Angle Important for Solar Panels?

Where you put your solar panels matters because they need sunlight to work well. To make sure your solar panels work their best, you have to think carefully about where and how you put them.

The angle you choose affects how much energy your solar panels can make from sunlight and how much money you can save on your energy bills.

But sometimes, things like trees or how strong your roof is can make it hard to put your solar panels in the best spot.

We want our solar panels to catch sunlight when it’s strongest, which is usually around midday.

If you lived in the Northern Hemisphere, it would be the opposite, and you’d want your solar panels facing south to get the most sunlight each day.

Since the sun moves across the sky during the day, panels that are perpendicular (straight up and down) will always have an advantage in catching sunlight.

So, the best place for your solar panels depends on your situation. Solar Emporium’s solar experts can help you figure out the best setup for your needs and how much energy you use.

If you’re thinking about getting solar panels for your roof, it’s a good idea to check out reviews of different solar panel installers to find the ones that are trusted by other people.

Best Angle and Orientation for Best Output

How much energy you lose depends on how the panels are facing. If your roof is tilted around 10° to 15° from the ideal angle, you might only lose 1% to 1.5% of the most energy you could get.

For example, in Melbourne, if your roof is facing north and tilted at 23°, you’d get about 98.5% of the best possible energy. If it’s tilted at 28°, you’d get around 99%.

The Clean Energy Council has shared data showing how much energy you lose from different angles in different cities.

But if your roof is flat, you lose more energy. In Melbourne, if your roof is perfectly flat, your panels would only make 86% of the energy they could at the best angle. In this case, it doesn’t matter which way your roof faces, since it’s flat.

It’s different in a city like Brisbane, where the best angle is different because it’s further north. In Brisbane, a flat roof would make about 90% of the best energy.

As you go further north in Australia, flat roofs aren’t as much of a problem because the best angle for the sun is lower. The table below shows how much energy flat roofs make compared to the best angle for different cities in Australia.

What Does this Mean for Existing Solar Systems?

If you got your solar panels early and have a fixed feed-in tariff, having them facing north at a 30-degree angle is great for saving money.

Changing the direction of your current solar panels is possible, but it can be expensive. Usually, it’s better to buy more panels or a battery instead.

You don’t have to keep your panels in one direction all the time. You can get a device called a tracker that moves the panels like a sunflower so they always face the sun.

This can make your panels produce 45% more energy. But trackers cost a lot of money, need special engineering, and have to be approved by the Clean Energy Council. For most homes, trackers aren’t worth it.

A cheaper way to get more energy might be to buy extra panels and point them in different directions.

If your panels are pointing in different directions, each group must be connected to its own special thing in the inverter called a Maximum PowerPoint Tracker (MPPT). Otherwise, your solar system won’t work well.

Another option is to use micro-inverters, but they’re more expensive than regular ones. If you already have a solar system and want to make sure it’s working right, active monitoring is the best way to check if everything’s okay.

Find the Right Solar Package for You With Solar Emporium

There are different solar packages to choose from based on what you require, where you live, and how much you can spend.

Our solar packages include quality solar panels along with batteries and inverters. They store extra solar energy so you can use it even when the sun isn’t shining.

Now, there are many ways to pay for solar panel installation. You can pay over time, which can make it more manageable.

Making sure your solar panel system works its best is important. It’s all about getting the most out of your solar panels.

The best setup for your solar system depends on how you use electricity and how much your panels can produce.

A trusted solar expert like Solar Emporium can design a solar system that’s just right for your home. We will figure out the best direction and angle for your solar panels based on where you live and how much electricity you use.

Click on Solar Emporium and find the best solar packages!

Our Solar Experts are here to Help!

A 2024 Guide For Monocrystalline vs. Polycrystalline Solar Panels

A 2024 Guide For Monocrystalline vs. Polycrystalline Solar Panels

All solar panels seem the same or similar. But if you take a closer look, you’ll see some minor differences, especially in the color of the solar cells. These differences are significant because they affect how much the panels cost and electricity they can make. 

There are a few kinds of solar panels you can buy. They include monocrystalline, polycrystalline, and thin-film panels. And here’s A 2024 guide for Monocrystalline vs. Polycrystalline solar panels 

The type of solar panels you select will influence your system’s overall performance and cost-saving potential. Top solar companies offer the most popular options: monocrystalline and polycrystalline panels.  

Although both are compatible with home solar panel system, their efficiency, appearance, and long-term benefits differ.

What Are Monocrystalline and Polycrystalline Solar Panels?

Monocrystalline and polycrystalline solar panels are two types of panels that many people use in their homes.  

They’re both made from pure silicon, a common material found on Earth. Silicon can turn sunlight into electricity, so it’s excellent for making solar panels.  

These panels have cells that absorb sunlight and change it into usable electricity. Both monocrystalline (mono) and polycrystalline (poly) panels use silicon cells, but they’re made differently. 

Monocrystalline Solar Panels

Monocrystalline panels are made using a single silicon crystal. This crystal is shaped into a cylinder called an ingot.  

Manufacturers then cut these ingots into thin discs, or wafers, shaped like octagons to fit more into a panel. These wafers are turned into solar cells and put into the panel. 

Because they use single crystals, monocrystalline panels efficiently make power for your home. But they cost more because the process to make them is expensive, and there’s extra silicon that can’t be reused.

Polycrystalline Solar Panels

Polycrystalline panels are made from lots of tiny silicon crystals melted together. Sometimes, these include leftover bits from making monocrystalline panels. The melted silicon is then shaped into solar cells cut into cubes. 

These panels are less efficient because the silicon fragments can have flaws. But they’re cheaper because the process is simple. Factories can make more mono-panels with the leftover bits from the crystals. So, polycrystalline panels are less expensive.

Monocrystalline vs. Polycrystalline Solar Panels

Monocrystalline vs. Polycrystalline

Monocrystalline and polycrystalline panels differ in several ways, like cost, looks, and how well they work.  

Here’s a comparison to help you understand how these differences might affect your solar panel system.

Metrics Side by Side

FactorsMonocrystalline PanelsPolycrystalline Panels
Average costMore expensiveLess expensive
Efficiency15% to 23% (More Efficient)13% to 16% (Less Efficient)
Panel appearanceBlack colorBlue color
Roof spaceWorks on roofs with limited spaceRequires more roof space for installations
Typical life span25 to 40 years25 to 35 years
Temperature coefficientLower temperature coefficient/more efficient in heatHigher temperature coefficient/less efficient in heat
If you are considering solar panels, consider these differences to choose the best type for your home.

Average Cost

The main thing that affects how much solar panels cost is how they’re made. Monocrystalline panels are more expensive because they need unique materials and a complex process to make them.  

Polycrystalline panels are cheaper because they use lower-quality materials, and some parts are reused from making monocrystalline panels. Other installation parts, like inverters and wiring, cost the same for both panels. 

The type of panel you choose can also impact how long your solar panel system takes, usually around six to 10 years, to pay for itself.  

Monocrystalline panels are more efficient, which means they can make more energy for your home. Since solar power is cheaper than fossil fuels, using more efficient panels can help you save money faster. 

However, with polycrystalline panels, you might save less in the long run, so it could take longer to pay off.

Efficiency Rating

Another essential thing to consider is how efficient the panels are. Efficiency tells you how well the panel can turn sunlight into electricity.  

For example, a panel with 15% efficiency can turn 15% of the sunlight into electricity. Polycrystalline panels are typically around 13% to 16% efficient, while monocrystalline panels can be 15% to 23% efficient.

Panel Appearance

Some people care about how their solar panels look in their homes. Monocrystalline panels might be better if you want your panels to blend in with your roof because they’re black and match most roofs. Polycrystalline panels are blue, so that they might stand out more.

Roof Space

How much room you have on your roof matters when picking between mono and poly panels. Mono panels are better at turning sunlight into electricity, so you need fewer to power your home. They’re a good choice if your roof is small. 

But with poly panels, it’s the opposite. Because they’re less efficient, you’ll need more panels to make enough energy. So, you’ll need a prominent roof to fit all those extra panels.

Typical Life Span

Most solar panels last about 25 years, usually how long their warranty lasts. But with regular care, they can keep working even after the warranty is up. Poly panels can last 25 to 35 years, while mono panels can go up to 40 years. 

However, over time, all panels lose some of their efficiency. They used to make less power than they did. This happens about 0.5% each year, according to experts. High-efficiency panels retain less power than lower-efficiency ones.

Temperature Coefficient

When it’s hot or freezing, solar panels don’t work as well. They’re tested in nice weather, but anything outside can make them less efficient.  

The temperature coefficient shows how much a panel’s power drops when it’s too hot or cold. Mono panels handle extreme temperatures better because they have a low coefficient. However, poly panels do less well in hot weather because their coefficient is higher.

What Other Types of Solar Panels Are There?

solar panels

Thin-film solar panels are different from the usual ones but are also gaining popularity. They use thin layers of unique materials and look flatter than regular panels. But they don’t work as well, with 8% and 14% efficiency ratings.  

They also last less time, usually about 10 to 20 years. These panels are suitable for small projects, like powering a shed or garage. 

Bifacial solar cells make power from both sides, making them more efficient. They could be used on roofs that can catch sunlight from above and bounce off surfaces. 

Copper indium gallium selenide (CIGS) solar cells are a type of thin-film solar cell made from a mix of materials. They’re known for working well and can be used in many ways in renewable energy. 

Organic solar cells are light and bendy and use organic stuff to turn sunlight into power. But they’re better at it than the regular silicon panels.

Monocrystalline or Polycrystalline? Which One is Right for You?

The type of panels you pick affects how well your solar system works, how much energy it makes, and how long it takes to pay for itself.  

Monocrystalline panels cost more, but they work better and last longer, especially in extreme weather. They also look sleeker and need fewer panels on your roof. 

Polycrystalline panels are cheaper but could be better at making energy and require more space on your roof. They’re also blue, which might look less friendly in your house. 

It is a good idea to get quotes from a few solar companies and compare what they offer. Look at efficiency, how long the panels last, and how much they cost.

How to Choose the Right Solar Panels for You

Monocrystalline vs. Polycrystalline
One big reason people switch to solar power is to save money on their electricity bills. Whether you go for mono or poly panels, you’ll be cutting down on your bills. But which is best depends on what you like, how much space you have, and how you’re paying for it. 

Personal Preferences

If you care about your panels’ appearance, know that mono and poly panels look different on your roof. Mono panels are usually darker black, while poly panels are bluer. Also, if where your panels come from matters to you, make sure you know about the company that made them.  

Space Limitation

You’ll want higher-efficiency panels if you have limited space on your roof. They make more electricity in less space. This matters for things like RVs or small devices.  

Spending more on mono panels might be worth it in the long run because they’ll make more power for you. But cheaper poly panels might be better if you have lots of room or put panels on the ground.

Solar Financing

How you pay for your system can also affect which panels you choose. If you go for a power purchase agreement (PPA), you pay for the power your system makes.  

So, your monthly payments decide how much you save. But if you buy your system outright, getting more efficient mono panels could mean more significant savings. Check out different types of Solar financing. 

Our Solar Experts are here to Help!

How Does Solar Energy Benefit Rental Properties In Australia?

How Does Solar Energy Benefit Rental Properties In Australia

Using solar panels on rooftops is suitable for everyone, not just people who own their property. However, some things could be improved when solar panels are installed in rented places. 

Suppose you’re renting your home, business space, or a building where many people live, and a group owns the roof. This means you’ll have to ask for permission before installing solar panels on it.

Solar for Renters and Landlords

Solar power can benefit renters and landlords when set up in a rented home or business place. 

For renters, solar panels mean their electricity bills can go down, mainly if they use electricity when the sun is shining and the panels are making power. 

For landlords, having solar panels can: 

  • Make their property more attractive to potential renters 
  • Increase the chance that current renters will want to stay 
  • Possibly raise the rent they can charge 
  • Maybe make the property worth more if they decide to sell it 
  • Lower the amount of greenhouse gases the property produces 
  • Some costs can be taken off their taxes. 

But sometimes landlords might hesitate to spend money on upgrades if the renters benefit without the landlord getting anything in return. This situation is called a “split incentive.” It applies to solar panels just like any other improvement to a property. 

To solve this, landlords and renters can make a contract to determine who pays for what and who gets the benefits. It’s a good idea to talk to a legal advisor about this.

Do People Want to Buy Homes with Solar Panels?

When renters and businesses make a solar agreement, they must write down the terms in their rental agreement. Both the tenant and the landlord need to get legal advice. The agreement should talk about the following: 

  • Who pays for installing the solar panels 
  • Who’s in charge of paying back any loans for the solar panels 
  • Who owns the solar panels 
  • Who’s responsible for fixing or taking care of the solar panels 
  • Who gets the electricity made by the solar panels 
  • What happens when the rental agreement ends. 

Some state or territory governments might help rental properties with solar subsidies. If the landlord doesn’t own the roof, like in a building with many apartments, they’ll need to ask for permission from the group that owns the building. 

Solar for Apartments, Townhouses and Units

Putting solar panels on apartment buildings, townhouses, or units can be tricky because: 

  • The corporate body that owns the building’s roof might have different opinions about solar power. 
  • The roof of an apartment building is shared, so it has to be fair for everyone living there. 
  • Tall apartment buildings need more space on the roof for all the solar panels required. 
  • Installing solar panels on buildings like these can be more expensive because of technical stuff, like requiring special equipment to lift the panels onto the roof and long wires to connect everything. 

These challenges can also happen with townhouses and units. 

Here are some ways to install solar panels on buildings where many people live: 

  • Solar power is only used for common areas, like hallways or the lobby. 
  • Use solar power for just one apartment or unit. 
  • Use solar power for multiple flats or units. 

If you own an apartment or a place like that, you should talk to the group that owns the building’s roof about the benefits of solar power because they have to agree before anything gets installed. If you rent, the first step is talking to your landlord. 

Some state or territory governments might help with solar subsidies for apartment buildings. You can learn more about these rebates and loans. 

Solar System Costs and Tax Implications for Landlords

solar for rental properties

The cost of installing a solar panel system affects how long a landlord can repay the money they spend. When installing solar panels at your rental property, getting a few different price estimates is smart.  

Using a retailer approved by the Clean Energy Council is also a good idea. They can tell you if your property is suitable for solar panels, what size system would work best, and how much the installation might cost. 

You can get some money back for the solar panels’ cost through depreciation. Talk to your accountant about how having solar panels might change your taxes, or contact the Australian Taxation Office for more help. 

Both landlords and tenants need to know what they’re responsible for when it comes to solar panels. This might include: 

  • Putting in the system if it’s new 
  • Paying the electricity bills 
  • Changing the rent 
  • Taking care of the solar panels 
  • Looking at data about how the solar panels are working (if there’s any) 

When you start a new rental agreement, it’s a good idea to write down who’s in charge of what. This helps avoid arguments later.  

Rental agreements should always be written, and the rules for renting out places in Australia should always be followed. Your property manager can help with this. 

Solar panels usually need a check-up every few years to ensure they work well. It’s essential to have a qualified person do this.  

If something goes wrong with the solar panels, it’s usually the landlord’s job to fix it. If the panels aren’t working right, tell your property manager or landlord so they can fix it as soon as possible.

How Solar Energy Benefits Rental Properties In Australia

Lower Electricity Bill:

Solar panels harness energy from the sun to generate electricity. This means tenants can use this clean energy to power their homes, reducing their electricity bills. With Australia’s abundant sunshine, solar power can significantly reduce electricity costs.

Attracting Tenants:

Renters are becoming more environmentally conscious, and having solar panels can be a big selling point for your property.  

Tenants may be more inclined to choose a rental property with solar panels because it shows that the landlord cares about the environment and offers potential savings on energy bills.

Increasing Property Value:

Properties with solar panels have higher market value. So, by installing solar panels on your rental property, you’re not just saving money on electricity bills but also increasing the overall value of your investment. This can be particularly beneficial if you decide to sell the property in the future.

Government Incentives:

In Australia, various government incentives and rebates are available for installing solar panels. These incentives can offset the initial cost of installation, making it more affordable for landlords.  
solar agreement

The Solar for Rentals program provides eligible rental providers with a rebate of up to $1,400 for installing solar panels (PV) on their property, lowering the initial costs of solar while increasing the value and appeal of their property. 

Eligible rental providers may also apply for an interest-free loan of up to $1,400 to reduce the initial cost of the solar panel system. 

Additionally, there are feed-in tariffs where excess electricity generated by the solar panels can be sold back to the grid, providing an additional source of income for landlords. 

Long-Term Investment:

Solar panels have a long lifespan, typically around 25–30 years. Once installed, they require minimal maintenance and can continue generating electricity for many years.  

This long-term investment can provide stable returns for landlords and ensure a steady renewable energy source for tenants.

Environmental Benefits:

Solar energy is clean and renewable, so it doesn’t produce harmful greenhouse gas emissions like traditional fossil fuels. By using solar power, rental properties can help reduce their carbon footprint and contribute to a cleaner environment. 

Moreover, incorporating solar energy into rental properties in Australia can lead to cost savings, increased property value, and environmental benefits, making it a win-win for landlords and tenants.

Choosing the Best Solar Option for Your Rental Property

solar panels

Choosing the right solar power for your rental property might feel overwhelming, but keeping a few crucial things in mind can be effortless.  

Here are some things to think about when picking a solar power option: 

Location:

Think about where your rental property is located. If it’s in a sunny place, regular solar panels could work well. Something like community solar or a PPA might be better if it’s not sunny. 

Energy Consumption:

Look at how much energy your rental property uses. Think about how many people live there and how many gadgets and machines they use. You might need more solar panels or a more significant community solar setup if it uses much energy.  

Resources:

Think about what you have available to you. If you rent your property, portable solar panels might be better than permanent ones. If you have little money to spend upfront, a solar leasing program might be a good choice. 

Do Your Research:

Once you’ve thought about these things, consider different solar energy options. There are lots of websites and blogs online that can teach you about solar power for renters. Read what other renters have said about the services they’ve used. 

Compare how much different solar power options cost, including how much it costs to put them in, keep them working, and pay for them each month.  

Make sure you think about how much it’ll all cost the whole time you’re renting out your property. Also, pick a solar power company that’s good at helping their customers.  

You might need help putting the solar panels in or fixing them, so having a company that’s easy to talk to is essential. 

Solar Emporium is always ready to service all of your solar needs. Get a free solar quote today!  

Our Solar Experts are here to Help!

A Guide to Solar Energy for New Homes in Australia

A guide to solar energy for new homes in Australia

In recent years, solar energy has emerged as a leading solution for powering homes sustainably and efficiently. With Australia’s abundant sunshine, it’s no surprise that more and more homeowners are turning to solar power to meet their energy needs.  

So, let us dive right into the guide to solar energy for new homes in Australia and explore the benefits of solar energy. As well as important considerations for those looking to make the switch. 

Benefits of Solar Energy for New Homes

Benefits of Solar Energy for New Homes:

Cost Savings: One of the most significant benefits of solar energy is its potential for cost savings. By harnessing the power of the sun, you can significantly reduce your electricity bills over time. With rising energy costs, investing in solar panels can offer long-term financial relief. 

So, your decision to install solar panels in your new homes can be a smart investment for both cost savings and environmental impact.  

But first, determine the appropriate system size based on your energy needs. Larger systems generate more power but come with higher upfront costs. A 6.6kW system is a common starting point, but you can adjust based on your requirements. 

Furthermore, try and invest in high-quality solar panels and inverters. While cheaper options exist, they may not perform well or last as long. So, opt for reputable brands with good warranties. 

Also, choose a reliable installer. Proper installation ensures optimal performance and longevity. Get multiple quotes and compare quality and pricing before you settle in for an installer.  

Make sure to install your solar panels where they receive direct sunlight for several hours each day. Avoid shading from tall buildings or trees. 

You can calculate the payback period. A household with a 6kW system that gets 5 hours of sunlight per day can save between $600 and $1000 per year! 

Remember, solar panels not only save costs but also contribute to a cleaner environment.

Environmental sustainability

Environmental Sustainability: Solar energy is a clean, renewable source of power that produces minimal carbon emissions. By choosing solar power for your home, you’re reducing your carbon footprint and contributing to a more sustainable future for Australia and the planet. 

But there are more ways how solar panels can contribute to environmental sustainability in Australia: 

  1. Reduction in Greenhouse Gases: Solar power systems generate energy without fossil fuels, reducing harmful emissions like carbon dioxide and nitrogen oxides. This helps combat climate change. 
  2. Renewable Energy: Solar panels harness light energy from the sun, creating a sustainable source of power. Unlike finite fossil fuels, sunlight is abundant and inexhaustible. 
  3. Reduced Water Consumption: Solar systems use less water compared to traditional power plants. This conservation supports a healthier environment. 
  4. Minimal Land Consumption: Solar panels require minimal space, reducing the need to clear large areas of land. This helps preserve natural ecosystems. 
  5. Less Noise Pollution: Solar power systems operate silently, unlike noisy conventional power plants. 
  6. Improved Air and Water Quality: By relying on solar energy instead of fossil fuels, harmful pollutants released into the air and water are significantly reduced. 
  7. Long-Term Clean Energy: Quality solar panels can last 25 to 30 years, providing consistent clean energy with minimal environmental impact 

Energy Independence:  With solar panels installed in your home, you become less reliant on traditional grid electricity. This can provide a sense of energy independence, particularly during times of power outages or fluctuations in energy prices. 

Solar panels contribute significantly to energy independence by allowing you to generate your own electricity. Here’s how they achieve this; solar panels convert sunlight into electricity. By installing them on your property, you produce power directly, reducing reliance on traditional energy sources. 

You can also add  battery storage to your solar panel system. By doing so you will reduce your dependency on the grid. Furthermore, when your solar panels generate surplus energy, it can be stored in batteries for later use.  

During sunny days, excess energy charges the batteries, providing backup power during outages or at night. 

And generating your own electricity means you’re less affected by utility rate increases. You control your power source, avoiding price fluctuations. 

Solar energy is renewable and doesn’t emit greenhouse gases. It’s a sustainable choice that benefits both you and the environment. 

So, by contributing to your energy needs, you ease the load on the grid, making it more resilient for your community. 

In summary, solar panels empower you to take charge of your energy consumption, reduce costs, and contribute to a greener future! 

Do People Want to Buy Homes with Solar Panels?

Yes! Nowadays, more and more Australians are thinking about how their homes affect the environment. Solar energy is a popular choice because it helps reduce our carbon footprint. Plus, it saves money on electricity bills. 

Some might be happy with a small-scale system that covers part of their energy needs, while others might want a bigger one that powers their whole house. It all depends on what each person wants. But one thing’s clear: buyers consider solar power when looking for their perfect home or investment. 

Government Incentives: In Australia, there are various government incentives and rebates available to homeowners who install solar panels. These incentives can help offset the initial cost of installation, making solar energy even more accessible and appealing.
Here’s a summary of the key incentives: 

  1. Small-scale Renewable Energy Scheme (SRES): 
  2. State and Territory Incentives: 
    • Installations must be done by a Clean Energy Council-accredited installer and meet Australian standards. 
    • Additional rebates, loans, and feed-in tariffs are available, varying by location. 
    • Programs may include rebates for low-income households, interest-free loans, and subsidies for solar batteries. 
  3. Home Energy Support Program: 
    • Offers up to $5,000 in rebates for eligible homeowners to cover part of the installation costs. 
  4. Solar Panel Rebate: 
    • Provides rebates of up to $1,400, plus the option of an interest-free loan, for existing homes and homes under construction. 

These incentives help reduce the initial investment in solar technology, promoting a shift towards a more sustainable energy future. 

So, hurry up and take advantage of government rebates, as these rebates help you to reduce the cost of residential rooftop solar systems. But first, check eligibility and available schemes in your area. 

Increased Property Value: Solar panels can increase the value of your home, making it more attractive to potential buyers if you decide to sell in the future. Many homebuyers are increasingly interested in eco-friendly features like solar power, which can give your property a competitive edge in the market. 

Adding solar panels to your home has the potential to raise its value. Although the initial cost of solar panels, particularly for larger installations, may be high, they are a wise long-term investment. Research indicates that eco-friendly features such as solar energy can boost the value of a property by as much as 10%. 

Homeowners value properties with sustainable energy systems like solar power due to their dependable energy supply, reduced utility expenses, and positive impact on the environment. Should you choose to sell your home in the future, the presence of solar panels could make it more appealing to potential buyers. 

Considerations for Installing Solar Energy Systems

Upfront Costs:

Although solar energy presents the opportunity for enduring financial benefits, the initial investment required can be substantial.  

Therefore, it is crucial to thoroughly assess your budget and explore various financing options before making the decision to incorporate solar panels into your new home.  

This careful consideration ensures that you make an informed choice that aligns with your financial circumstances and long-term goals.

Roof Suitability:

The effectiveness of your solar panels is directly influenced by factors such as the orientation, angle, and condition of your roof.  

For optimal performance, it is ideal for your roof to face south with minimal shading, allowing for maximum exposure to sunlight. Furthermore, it is essential to verify that your roof is in good structural condition to bear the weight of the solar panels.  

Taking these factors into account will ensure that your solar energy system operates at its full potential and remains a secure addition to your home.

Regulatory Requirements:

Before to the installation of solar panels, it is essential to acquaint yourself with the local regulations and requirements that govern such installations.  

This process may entail securing permits, ensuring compliance with building codes, and adhering to any guidelines set forth by homeowner associations.  

By proactively addressing these considerations, you can navigate the installation process smoothly and avoid potential legal or administrative complications.

Maintenance and Monitoring

Maintenance and Monitoring:

Although solar panels demand minimal maintenance, it is important to conduct regular cleaning and inspections to uphold their optimal performance.  

Furthermore, the implementation of a monitoring system can be beneficial, as it enables you to track your energy production and promptly identify any potential issues.  

By staying proactive in these maintenance efforts, you can ensure that your solar energy system operates efficiently and continues to deliver the expected benefits over time.

System Size:

The determination of your solar energy system’s size hinges on various factors, including your energy consumption patterns, the amount of available roof space, and your budget constraints. 

Collaborating with a trusted solar installer is crucial, as they can evaluate your specific requirements and propose the most suitable system size for your home. 

By engaging with a reputable professional, you can ensure that your solar energy system is tailored to meet your energy needs effectively, maximizing its benefits while aligning with your financial considerations and available space.

Conclusion:

In conclusion, solar energy presents a compelling opportunity for homeowners in Australia to reduce their environmental impact, save money on energy bills, and increase their energy independence.  

By carefully considering the benefits and considerations outlined in this guide, you can make an informed decision about whether solar power is the right choice for your new home.  

With the sun shining brightly across the Australian landscape, there’s never been a better time to harness its power for a brighter, more sustainable future.

Our Solar Experts are here to Help!

Can Solar Panels Boost Your Home’s Resale Value In Australia?

Can Solar Panels Boost Your Home's Resale Value In Australia

For many people in Australia, their house is the most important thing they own, and caring for it is essential to keep its worth. Adding extra things can improve its resale value.  

But how can you make your house worth more? Most people think solar panels boost your home’s resale value in Australia.  

Houses with solar panels sell quicker, up to 20% faster than those without. But do solar panels indeed make your house worth more?  

Whether you plan to sell your house or not, you might wonder if getting solar panels will make it worth more. The simple answer is YES!  

The Clean Energy Regulator says one in every four Aussie homes has solar panels. Solar panels can make your house worth up to $6,000 more for every kilowatt of panels you have. That means about 4% of your house’s value comes from solar panels. 

Will Solar Panels Boost the Resale Value of Your Home?

The short answer is yes. Most Australians (77%) think a house with solar panels is worth more than one without. Most homeowners (57%) would be willing to pay up to $10,000 extra for a house with solar panels. 

Now, let’s talk numbers. On average, a solar panel system costs about $5,600. If you decide to sell your house later, having solar panels could boost its value, which is excellent news. This is especially true if you’ve been using solar power to reduce electricity bills for some time.

Do People Want to Buy Homes with Solar Panels?

Yes! Nowadays, more and more Australians are thinking about how their homes affect the environment. Solar energy is a popular choice because it helps reduce our carbon footprint. Plus, it saves money on electricity bills. 

Some might be happy with a small-scale system that covers part of their energy needs, while others might want a bigger one that powers their whole house. It all depends on what each person wants. But one thing’s clear: buyers consider solar power when looking for their perfect home or investment. 

Why Solar Energy?

solar panels

Everyone needs electricity or some kind of power in their homes. If you can reduce the cost of using electricity by installing solar power, people will see your home positively when you put it up for sale. 

Solar-powered heat pumps have been around for a long time, so people are more familiar with solar power than other alternative energy sources. Nowadays, there are many more solar panels on the roofs of houses than just five years ago. 

Statistics show that almost 19% of Australians now use solar energy at home, whether just for heating water or a complete solar panel system that sends extra power back to the grid. 

Here are some helpful tips for getting the most out of solar energy at home: 

  1. Use electricity during the day when solar power is being produced.
  2. Adjust your water heater to heat up during the day instead of at night when electricity is usually cheaper.
  3. Use energy-saving LED lights or bulbs in the evenings.
  4. Cool your house with the air-conditioner during the day and turn it off at night.
  5. Set the pool pump to run during the day, not at night.
  6. Upgrade old appliances like refrigerators that use a lot of power.

Aussies Prefer Solar Panels

Since most Australians prefer solar energy, it can make your home more appealing to buyers. Studies show that the more solar panels you have on your roof, the more valuable your home becomes.  

For each kilowatt of solar power, your home’s value could go up by almost $6000. So, for a 5kW solar system, your home’s value goes up by over $29,000. 

As electricity costs are expected to rise, the benefits of having solar power at home will become even more apparent.

Value of Investment

The extra money it brings to your home’s selling price is called investment value. 

According to a survey by Australian Real Estate, over 85% of people think that solar panels and solar batteries make their property worth more.  

More and more Australians are choosing sustainable energy sources, and solar power is one of the top choices. 

The value of a home goes up based on how many solar panels are on the roof. For each 1kW of solar power, your home’s value can increase by up to $6,000. So, if you install a 5kW system, your home’s value could increase by $29,000. 

Solar panels can increase your home’s value by up to 4%. For example, if your home is worth $300,000, the increase could be between $9,000 and $12,000.  

Plus, properties with solar panels sell about 20% faster. Buying a property with installed solar panels can appeal to buyers who want to reduce their environmental impact and save on electricity costs.

Value of Consumption

The environmental benefits of having an eco-friendly energy source are known as consumption value. 

The amount of value that solar panels add to your home depends on several factors, including: 

  1. Where your home is located – Solar installations in active solar markets can give you a better return on your investment than in less developed areas.
  2. How big the installation is – The increase in your property’s value is linked to the number and quality of solar panels you have. More and better-quality panels mean a massive boost in your home’s value.
  3. The value of your home – Bigger, more expensive homes see a more significant increase in value when solar panels are installed.

Solar panels could be a good choice if you plan to sell your home soon or want to increase its value over time. 

Reselling Fast is Part of the Process

Selling your home fast is essential. It’s easier to focus on other things once your home is sold. It’s like your life is on pause until the right buyer comes along and buys it.  

You can only move forward with your plans and settle into a new place. Having solar panels on your home can help it sell faster.  

Compared to homes without solar power, yours could sell up to 20% quicker. This is another way solar power adds value to your home and your life. 

With more people interested in living sustainably, solar power can help sell your home. You should point out the benefits of having solar, like lower electricity bills and helping the environment by reducing carbon footprint.  

But how you do this will depend on how you’re trying to sell your home, whether it’s through a real estate agency or not. 

Most real estate agencies use social media platforms like Facebook and Instagram. They can help attract more people to your house by showing off its solar features.  

This is especially important if your property has a pool or other energy-hungry appliances. With the right marketing strategies, your home should be in an excellent position to sell quickly and for a reasonable price.

Essential Factors to Consider Before Purchasing Solar Panels

There are some key factors to consider before installing solar panels. One big thing to consider is whether installing solar panels will make your house worth more money and attractive to people who might want to buy it later.  

Solar panels not only save you money on your energy bills, but they also show that you care about the environment.  

But remember, where your house is located, how big the solar panels are, where they’re placed, and how well they’re installed all affect how much they’ll add to your house’s value.  

Before you decide to get solar panels, it’s a good idea to research and talk to experts to ensure it’s the right choice for your house.

Average Solar Price in Australia

The pricing in the table below includes the federal government’s upfront STC rebate but excludes any additional state incentives, such as the Victorian Rebate Scheme. Find out if solar is a good investment for you.
3kW4kW5kW6kW7kW10kW
Adelaide, SA$3,760$4,060$4,820$5,510$6,490$9,570
Brisbane, QLD$3,810$4,440$4,890$5,530$6,190$9,270
Canberra, ACT$4,700$4,900$5,170$5,840$6,840$8,910
Darwin, NT$5,300$7,210$8,240$9,920$11,270$14,060
Hobart, TAS$5,020$5,650$6,280$7,000$7,930$11,890
Melbourne, VIC$4,100$4,360$4,950$5,330$6,370$8,430
Sydney, NSW$3,970$4,300$4,760$4,970$6,140$8,250
Perth, WA$3,370$3,890$4,210$5,380$5,950$9,760
All$4,250$4,850$5,420$6,190$7,150$10,020

Start Your Solar Journey With Solar Emporium

home value

At Solar Emporium, we’ve created different solar packages tailored to your specific needs. Quality is important to us more than anything else.  

We’re proud to say we have more than 300,000 happy customers in New South Wales and Victoria.  

Our installations are top-notch, and we’re dedicated to providing excellent service even after installation. 

At Solar Emporium, our customers come first. That’s why we prioritise ensuring our customers are satisfied rather than just being the most significant solar seller.  

We offer a free solar quote for solar panels, batteries, and inverters so you can easily choose the renewable energy products you want and increase the value of your property. 

Our Solar Experts are here to Help!

Top 5 Solar Myths You Need To Know And Debunk

Top 5 Solar Myths You Need To Know And Debunk

Solar panels are getting increasingly popular in Australia and everywhere else because they’re a good, clean way to get energy.  

The tech has improved a lot over the years, and now people use it in their homes and businesses to save money on energy bills and help the environment.  

But, some people still need to get the right ideas about solar panels in Australia. Hence, we present the top 5 solar myths you need to know and debunk.   

This article wants to clarify some of those wrong ideas and provide genuine facts about solar panels in Australia. 

Why is Solar Energy Successful in Australia?

Firstly, installing solar panels will allow many people in Australia to stop depending on the electricity grid. This switch also helps them save money on their bills. 

Secondly, the Australian Government wants to support renewable energy. They have programs like the Renewable Energy Target and Small Scale Technology Certificates.  

Especially in solar energy, they give good incentives and rebates to Australian homes and businesses that want to use solar power, like the solar feed-in tariffs. 

Thirdly, Australia gets a lot of sunlight. We’re one of the sunniest countries in the world, so there’s plenty of solar energy here to use. 

Even though these reasons have convinced over 2 million Australian homes and businesses to install solar panels, there are still some misunderstandings and a need for more awareness about the benefits of solar energy.  

This article aims to clarify these myths and help people understand solar power better if they consider using it. 

Here are the top five myths about solar energy in Australia.

Solar Panels are Costly

It used to be expensive, but not anymore. In the last five years, the cost of solar panels and other solar technology in Australia has decreased by about 30-40%.  

Now, more people from different financial backgrounds can afford solar panels, batteries, and other solar equipment without taking out high-interest loans. 

Besides the lower costs, the government is also helping people afford solar power. Some incentives and rebates make buying and installing solar systems more accessible for Australians.  

For example, the Small-scale Renewable Energy Scheme (SRES) provides financial help to individuals and small businesses buying solar energy systems. 

Installing solar panels also saves Australians money in the long run. It reduces electricity bills and increases the value of properties with solar panels.  

All these reasons show that solar energy is not expensive anymore. Instead, it’s a wise investment that saves money and is financially safe. 

Solar panels are getting cheaper, so they’re a good way for families to save money in the long run. 

Nowadays, the solar panels people put on their roofs are way cheaper than the first ones made in the 1950s. Four years ago, buying a solar system could cost as much as a small car, but now it’s more like buying a big TV. 

So, how does solar power compare to traditional energy like coal and gas? 

Large-scale renewable energy sources, like solar and wind, are now the cheapest ones to build. That’s why we see many clean energy farms built everywhere– they make good financial sense.

Solar Panels are Often Installed Carelessly

solar panels

Solar panels and inverter installations must follow the rules set by the Australian government. Also, anyone who installs solar panels has to be an electrician first, and then they need extra training in solar systems. 

The Clean Energy Council gives out a free guide on its website. It helps people ask the right questions when hiring someone to install solar panels to get good quality panels and a standard installation.

Solar Panels Require Substantial Maintenance

Solar power needs much maintenance, but solar panels require very little maintenance. Cleaning your panels every three months will keep their quality.  

This helps make sure the panels don’t have dirt or other things on them that might stop them from soaking up sunlight. 

Usually, all you have to do to clean solar panels is wash them with water and let them dry in the sun for about thirty minutes before using them again. It is enough to stop dirt from building up on them. 

Solar panels are made to stay on roofs for a long time and can handle harsh weather. They’re tough and last a long time, but keeping them clean is still important, just like you clean your car’s windshield or your glasses so that they can work well.

Solar is Not Reliable

Solar panels might not work well because they need sunlight to make electricity and don’t work as well on cloudy days. However, new solar industry technology, especially newer solar panel systems, has made them better at making power even when it’s not very sunny. 

The reliability of a solar panel system also depends on what kind of solar panels it uses. There are three main types: monocrystalline, polycrystalline, and thin film.

Solar is Not Reliable

Solar panels might not work well because they need sunlight to make electricity and don’t work as well on cloudy days. However, new solar industry technology, especially newer solar panel systems, has made them better at making power even when it’s not very sunny. 

The reliability of a solar panel system also depends on what kind of solar panels it uses. There are three main types: monocrystalline, polycrystalline, and thin film.

What Type of Solar Panels do Installers use?

Monocrystalline panels are made from a single crystal piece and work the best. Polycrystalline panels are made from different crystals. Thin film panels are made from silicon, so they’re flexible but don’t perform as well overall. 

It’s important to remember that Australia gets a lot of sunlight, which helps all these panels work well. But, if you want your solar system to work well all the time, you must take care of it properly.  

Some energy companies in Australia only install solar panels and leave you to deal with problems if they come up. Other solar installers are certified by the Clean Energy Council and may offer better support.

Solar Panels Only Work With Sunlight

solar power

Technology has made solar panels great at capturing sunlight, even when it’s not shining directly on them. 

With their advanced technology, solar panels can now take in sunlight, even if it’s spread out by clouds or overcast weather, and make electricity without any trouble.  

It’s important to know that they produce less electricity when it’s not direct sunlight, but it’s still enough to power your home. 

Most solar panels in Australia are made of crystalline silicon, which helps them turn sunlight into electricity well. They’re also covered in a material that helps them absorb more sunlight. 

With solar battery storage systems, we don’t need to worry about sunlight anymore. They store extra solar energy when the weather isn’t good enough to make power, so you can still have electricity when needed.  

But it might still be a few years before these systems are cheap enough for everyone. 

If your solar panel system is connected to the electricity grid, any extra electricity it makes can be stored and used at night when the sun isn’t shining. 

So, there are many reasons to believe that solar panels can make enough clean energy, no matter what the weather’s like, especially if you have a quality battery system to store extra power.

Solar Energy for the Path to Clean Future

solar energy myths

We’ve talked about some myths about rooftop solar technology. The main reason for writing this article is to give you enough information to think about using solar energy to power your home or business with clean electricity. 

As Australia’s top renewable energy source, solar power is a reliable choice. It helps you save money on electricity bills and also helps the planet by reducing carbon emissions. 

It can stop global warming and protect the environment. These things are essential for our planet’s future and generations’ lives. 

If you want to learn more about the benefits of solar power and how it can help your home or business, contact us. Solar Emporium will guide you with every solar solution for you.  

Our Solar Experts are here to Help!

Residential Solar Financing In Australia 2024 Update

Installing solar panels in your residence has many advantages. It works like an investment, making your home worth more. Also, it helps lower your monthly energy bill by quite a bit.

But the problem is buying solar panels at first can cost a lot of money. That’s where solar finance comes in.

With residential solar financing in Australia, you can get help paying for solar panels. Last year, we had a similar blog, 5 ways to finance your solar panels in Australia. You’ll get an update for 2024 in this one. 

You can get a loan or sign a lease to pay for them gradually over time instead of all at once. This way, you don’t have to pay all the money upfront for solar panels.

But remember, getting a solar loan for solar panels is not the same as getting regular loans. If you finance your solar panels well, you can save more money in the long run than you spent to get them.

Solar panel financing means using loans or leases to buy solar panels and paying for them bit by bit over time. It’s a way to get solar panels immediately without spending much money.

Let’s find out your options!

Green loans

Green loans are like buying eco-friendly solar panels, solar batteries, and hot water systems. Some banks and other places offer them.

Usually, green loans have lower interest rates and fewer extra charges than regular loans, but you need to read the details carefully.

Getting a green loan is often considered a good choice if you can’t simultaneously pay for these eco-friendly products.

However, there’s a catch. Green loans frequently have strict rules about who can get them. Some banks will only give loans for certain approved eco-friendly products, and they might only say yes if you have a good credit history.

Pros:

  • Low interest rates
  • You get to own the eco-friendly stuff and start saving money
  • Some loans let you pay back over a long time and don’t charge certain fees

Cons:

  • Only a few places offer these loans
  • You need a good credit score to qualify

Interest-free Solar Loans

Interest-free solar loans are loans that don’t charge any extra money on top of what you borrow.

Some solar companies offer these loans. You can get solar panels without paying anything upfront or additional charges on repayments.

People with bad credit might find it easier to get these loans than other types. If you can’t get a low-cost green or personal loan because of bad credit, an interest-free loan might be your only choice.

Pros:

  • No extra charges
  • You get to own the solar panels and start saving money on electricity
  • Helps people with poor credit access solar energy

Cons:

  • Interest-free loans can cost more in the long run
  • You might have to pay higher monthly payments because the loan terms are usually shorter

An interest-free solar loan is a good option if you can afford the higher monthly payments.

Personal loans

Personal loans are a good choice if you want to pay for solar panels safely and simply. You might find a personal loan with a fair interest rate.

Some lenders might even give you a better deal if they know you’re using the loan for solar panels.

If you’re optimistic, the higher interest rate might motivate you to repay the loan faster, saving you more money than if you got a green loan.

Getting approved for a personal loan is usually easier than a green loan.

Personal loans give you the money upfront to negotiate a better price when buying solar panels. For some green loans, you must choose the solar system before getting the loan.

Pros:

  • Flexible: Personal loans can be used for things other than just solar panels.
  • Paying it off might be cheaper than a green loan.
  • Helps you negotiate a better deal when buying solar panels.

Cons:

  • Usually, the interest rate is higher than a green loan.
  • Finding an excellent personal loan can take a lot of work.
  • You need to have a decent credit score to get one.

People with decent credit scores who are good at finding good loan deals. It’s also suitable for those who want to negotiate a lower price with solar suppliers by paying upfront.

Add Solar With Mortgage

Adding solar panels to your mortgage means borrowing more money against your house to pay for them.

Currently, mortgage rates are low, so using this opportunity to finance your solar panels is a good idea.

However, keep in mind that mortgages take a long time to pay off, and adding more debt to it could mean you end up paying a lot more for the solar panels over the life of the mortgage.

This way of paying for solar panels is risky, so you should only do it if you understand your finances well or have gotten advice from a financial expert.

Pros:

  • Very low-interest rates
  • You own the solar panels and can start saving on electricity
  • Consolidates your debt

Cons:

  • If you take a long time to pay off the mortgage, you might pay more for the solar panels in the long run.
  • Mortgage interest rates are usually slightly better than green loan rates.

Homeowners who are good with managing their money and are disciplined about paying off their mortgage as quickly as possible.

Solar leasing

Solar leasing, also known as ‘rent-to-own solar’, is when you agree to install a solar panel system without paying anything upfront. Instead, you make fixed monthly payments to cover the cost.

The big difference between leasing and taking a loan is that you only own the solar panels once fully paid. If you move house, you might need to pay the remaining balance to take the solar panels because they can’t be easily removed.

Solar leasing is often advertised as having lower monthly payments than the savings you’d get from using solar energy.

It sounds good, but you should be careful about the interest rate. Solar leases sometimes have high-interest rates, which could cost you more in the long run.

Pros:

  • You don’t have to pay anything upfront.
  • Monthly payments are usually low.
  • Since you don’t own the solar panels, you’re typically not responsible for fixing them if they break.
  • You start saving money on electricity right away.

Cons:

  • You only own the solar panels once you’ve paid for them.
  • If you move house, you might have to pay off the remaining balance on the solar panels.
  • The interest rates on solar leases are often higher than those on solar loans.
  • You might save less money overall.

It’s best for big businesses or places with a lot of space where the savings from using solar energy will be more than the extra costs from the interest over the life of the solar panels.

Solar Power Purchase Arrangements (PPA)

Solar Power Purchase Arrangements, or solar PPAs, work like this: a company installs solar panels on your roof for free.

But here’s the catch: they still own the panels. In return for letting them use your roof, you agree to buy the solar power those panels produce at a cheaper rate than what you’d pay for electricity from the regular grid.

For example, they might charge you 18 cents per kilowatt-hour (kWh), while the regular electricity price could be 28 cents per kWh.

Solar PPAs seemed exciting initially, but some problems have arisen since then. The main issue is that they only work well if you can use or store all the panels’ solar power.

If you can use it later, it goes into the grid, and you might get less money for it than you paid. For instance, if you paid 18 cents per kWh for solar power but only got 10 cents back from the grid, you’re losing 8 cents per kWh.

Pros:

  • You don’t have to pay anything upfront.
  • You don’t have to make regular payments like with a loan.
  • The company takes care of maintaining the panels.
  • You might start saving money right away.

Cons:

  • You only get some benefits of solar power.
  • You don’t own the solar panels.

It’s best for big businesses or places with lots of space where the savings from using solar energy will be more than the extra costs of not owning the panels.

So What’s the Best Option To Finance Solar?

It depends on your situation, and it’s your choice to determine what works best for you. A personal loan is a good option but look into a low-interest green loan.

If your credit score isn’t good, taking a risky finance deal for solar panels might not be worth it.

Contact Solar Emporium to purchase solar panels and cut your upfront costs. Get a free solar quote today!

Our Solar Experts are here to Help!

Solar Energy and Energy Efficiency: A Winning Combination

Solar Energy and Energy Efficiency_ A Winning Combination

Solar energy is one of the most essential parts to achieve energy efficiency in Australia. It has proven to be a winning combination for people living in Australia because it has many advantages.

Getting solar panels has become easier, cheaper, and more flexible recently. Many new solar systems work well for different types of homes and energy needs.

Australia has amazing weather for solar power. It gets more sunlight and solar energy than many other places, which makes it perfect for solar panel usage.

Because of this, solar panels work well in Australia, and they can be installed on most houses, no matter their direction or roof type.

The government in Australia gives incentives like rebates and feed-in tariffs to encourage people to use solar power. They also set goals for using renewable energy, which helps support clean energy like solar power.

With all the sunlight and government rebates, installing solar panels has become a smart choice for Australian families financially and for the environment.

Solar Energy and Energy Efficiency in Australia

Solar panel systems often produce the most electricity during peak daylight hours when energy demand is high.

By generating electricity locally during these peak periods, solar energy helps to reduce strain on the grid, reducing the risk of blackouts and improving overall grid reliability and efficiency.

Solar energy is a key component of Australia’s transition to a more sustainable and environmentally friendly energy system. With solar, Australia can reduce its carbon footprint, mitigate climate change impacts, and create a more sustainable future for generations to come.

Australia relies heavily on traditional energy sources like coal and gas for electricity. However, these sources are finite and contribute to environmental pollution.

Solar energy provides a renewable alternative that reduces dependence on these finite resources, thereby enhancing energy efficiency.

Australia is blessed with abundant sunlight throughout the year. By harnessing this natural resource through solar panels, Australians can generate electricity locally without relying on imported fossil fuels.

It reduces transmission losses associated with transporting electricity over long distances, thereby improving overall energy efficiency.

Solar energy is an essential part of improving energy efficiency in Australia by reducing dependence on finite resources, harnessing abundant natural resources, lowering energy bills, mitigating peak demand, and promoting sustainable development.

As technology continues to advance and costs decrease, solar energy will play an increasingly important role in Australia’s energy landscape.

Combining of Heat Pump and Solar Energy

heat pump

When you set up a system that combines a heat pump with solar panels, the heat pump can use the warm air it produces to heat your home and provide hot water. Some of these systems even have storage tanks to save extra solar energy for later!

By using these solutions together, you can run your home more efficiently and save money based on how much energy you use. But it’s important to get help from qualified installers and experts to get all the benefits of this system.

Reduces Carbon Dioxide Your Building Produces

Another good thing about combining solar panels with heat pumps is that it reduces the amount of carbon dioxide your property releases into the environment. This is important not just for homes but also for businesses and offices.

As the country focuses more on using resources wisely and reducing carbon footprints, having a combined system like this can make a big difference in how organizations work.

Businesses care about their energy ratings. By lowering their carbon footprint, they can show they’re doing good things for the environment, which can help them win over the public using solar panels and heat pumps.

Proper Utilization of Heat Pumps with Solar Panels

Many people don’t realize that when they have solar panels at home, they can only use about half of the energy they make. The rest goes back into the grid, so they can’t store it for later.

But with heat pumps, this changes. Heat pump slowly releases heat over time, which means they don’t need a lot of energy all at once. So, both air-source heat pumps and ground-source heat pumps let you use about 20% more solar energy.

Cheaper Technology

For homeowners who want to switch to renewable energy, solar panels and heat pumps are getting more affordable. Plus, the government often gives rebates and other incentives for using these solutions.

Solar panels, especially, have lots of options for getting help paying for them. So, making the switch to these kinds of technology is easier on your wallet.

Why Solar Energy And Energy Efficiency A Winning Combination?

Saving Money with Solar Energy

Solar power can help you spend less money on your energy bills. As energy prices rise and there’s talk of power shortages, switching to solar energy can help you keep your electricity bills manageable.

Although getting a solar panel system might seem costly at first, it can save you about 30 to 40% on your yearly electricity bill. By generating your electricity with solar panels and a battery, you won’t have to rely as much on the energy company.

Moreover, if you produce more energy than you use, you can sell some back to the grid and earn credits. However, the amount you receive can vary depending on where you live, so it’s important to search for the best deals and make the most of your solar power every day.

Solar Panels for a Cleaner Environment

Solar power makes your home more eco-friendly by reducing the amount of harmful gases released into the air. Solar energy has become crucial as people focus more on building and modifying homes in ways that don’t harm the environment.

In Australia, finding alternative energy sources that don’t involve burning coal or gas, which pollute the air, is essential.

Solar panels don’t produce any harmful gases once they’re made, and since Australian homes contribute significantly to the country’s pollution, using solar power can help lower it.

Taking Advantage of Advanced Solar Technology

By using solar technology, you’re using the latest available technology. Solar technology has improved a lot, and now there are more user-friendly options that can fit into your home easily.

For example, many companies offer a new solar roof tile system that looks modern and stylish. These tiles collect sunlight and turn it into usable electricity just like regular solar panels.

But instead of having large panels on your roof, these solar cells are integrated into the roof tiles, giving your home a sleeker appearance.

Additionally, a simple monitoring system allows you to easily check how well your solar roof is working and how much energy you’re saving, all from your phone or computer.

Increasing Your Home's Value with Solar Panels

Installing solar panels on your house can increase its value. While solar panels may be expensive upfront, especially for larger systems, they’re a smart investment for the future. Studies show that green features like solar power can increase property value by up to 10%.

People appreciate homes with renewable energy systems like solar power because they provide reliable energy, lower electricity bills, and are better for the environment. If you decide to sell your house later, having solar panels could make it more attractive to buyers.

Dependable and Reliable Solar Panels

Energy Efficiency

Solar power systems are dependable and sturdy, despite what you might think at first glance. While solar cells themselves are delicate, the glass that protects them is durable and long-lasting.

Solar panels and roof tiles with integrated solar cells are often just as or even more durable than regular roofing materials. This means they can withstand harsh weather conditions and strong winds.

Additionally, most systems come with warranties that last several years, providing added peace of mind.

Because solar panel systems are so durable, there’s less risk of your power being unexpectedly cut off. Plus, if your system has a battery, it can store extra energy when the sun isn’t shining brightly, ensuring you still have power even on cloudy days.

Government Rebates and Incentives

The government helps make buying solar panels more affordable through Small-scale Technology Certificates (STCs).

These certificates are given to people who install solar systems at home as part of the government’s efforts to reduce pollution and promote renewable energy.

To qualify for STCs, your system must be installed by a Clean Energy Council member using approved solar panels and inverters. Think of STCs as a discount on the cost of your solar system, based on how much renewable energy it will produce.

Lower Maintenance Costs

Solar panels typically come with warranties lasting 10 to 25 years and are designed to withstand various types of weather, so maintenance costs are relatively low. Since solar panels don’t have moving parts, they don’t wear out quickly, and the only part that might need replacing is the inverter after about 10 to 15 years. However, this represents a small portion of the overall system cost, usually less than 20%.

In conclusion, there are many reasons why people choose solar energy for their homes or commercial buildings. Whether you want to save money on your electricity bills or contribute to the clean energy movement, going solar makes sense.

Contact Solar Emporium for any solar solutions. Get a free solar quote today!

Our Solar Experts are here to Help!

Solar Energy Storage: Batteries and Backup for Homes in 2024

Solar Energy Storage Batteries and Backup for Homes in 2024

In Australia, more and more people homeowners are using solar power to get energy. It’s because Australia has lots of sun, which is suitable for making solar power.  

Using solar power can help save money on electricity bills and is better for the environment because it reduces the amount of pollution. 

As we already know, solar energy only works when the sun is shining. Hence, people are starting to use batteries called Solar Battery Storage. Batteries and backup systems are part of the solar storage.  

These solar batteries store extra energy from the sun so it can be used later, even when it’s cloudy or dark outside.  

There are different types of these batteries in Australia, so people can choose the one that works best for them.

Basics of Solar Energy Storage Solutions

Here’s a simple explanation of solar energy storage solutions: 

When we use solar panels to capture sunlight and turn it into electricity, sometimes we have more electricity than we need right away. That’s where solar energy storage solutions come in.  

These solutions are like big, smart batteries for storing extra electricity. They work by collecting the extra energy produced by the solar panels during the day and saving it for at night or on cloudy days. 

So, instead of wasting the extra electricity or relying on the grid, we can store it in these particular batteries. Then, when we require power, we can use the stored energy instead of using electricity from the grid.  

These not only help us save money on electricity bills but also make sure we have power even when the sun isn’t shining brightly.

Average Solar Battery Lifespan

The average lifespan of a solar battery is around 5 to 15 years. We can optimise it for this specific time before it needs to be replaced.  

But, some factors can affect how long a solar battery lasts, like how often it’s used and how well it’s taken care of. 

So, if you take good care of your solar battery, it can last longer and keep providing power for your home or business.

Emerging Technologies and Innovations of Solar Batteries in Australia

solar storage
In Australia, there are exciting new technologies and ideas for making solar batteries better. 

Storage Capacity:

Scientists and engineers are working on ways to make solar batteries store more energy. It means they can hold onto more electricity from the sun, so you have power even when it’s cloudy or nighttime.

Cost Affordability:

People want solar batteries to be more affordable. So, researchers are finding ways to make them cheaper to buy and install. It helps more people switch to solar power without spending too much money.

Battery Energy Density:

This is about making solar batteries smaller but still powerful. Think of it like fitting more energy into a smaller space. It makes solar batteries more efficient and easier to use in homes and businesses. 

These advancements in technology are making solar power even more accessible and valuable for everyone in Australia. 

These batteries also communicate with other devices in your home, like your phone or smart thermostat, to manage energy use more efficiently. It’s like having a brain in your battery! 

These emerging technologies and innovations are making solar batteries even more helpful and practical for people in Australia, helping them save money on electricity bills and reduce their impact on the environment.

How Many Batteries Do You Need For Your Home Solar System?

If you’re thinking about putting solar panels on your roof, you’ll need to figure out how many batteries you’ll need to make the system work.  

There are a few essential things to think about when deciding this, like how big your house is and how much sunlight you want to save up. 

For a regular-sized house using solar power, you’ll need at least one battery. But if you have a big house or want to store more solar energy for when it’s dark or there’s no electricity, you might need more batteries.  

How many batteries you need depends on how big your house is and what type of solar system you have.  

For example, if you only have solar panels without batteries, you’ll only need one. But if your system has an inverter that changes the solar power from DC to AC electricity, you might need two or more batteries to optimise everything properly. 

Without batteries, your solar panel system can’t save up any extra electricity for later. So, at night, your house will only be able to use it if you have batteries. That’s why it’s crucial to add batteries when you install solar panels! 

Solar batteries come in different sizes, depending on how much electricity your house uses. You need to think about how much power your solar panels make and how much the batteries can store.  

They also come in different colours, so you can pick the one that looks best on your house. Solar batteries aren’t just for keeping your home running on solar power. They can also save up extra electricity for later.  

For example, if there’s a power cut in the afternoon, you can use your solar battery to keep your lights on in the evening when there’s not as much sunlight. 

You can even sell the extra electricity back to the power company and help out other people who need it.  

Before you get any batteries, make sure to figure out how much energy you use. There are lots of different kinds of solar panels, and they all require different amounts of power.  

You can use a solar calculator to help you figure out how many batteries you require based on your situation. 

And when you do get batteries, make sure to put them somewhere sunny so they work the best. They require at least six hours of sunlight every day to work right.

What are The Best Solar Batteries?

When you’re thinking about using solar power, one of the big choices is picking the right kind of battery.  

There are lots of different types out there, each with its own good points and not-so-good points. 

Here’s a quick rundown of six main types: 

  1. Lead-acid batteries: These are really common and often used in homes or businesses with solar power. They last a long time and are reliable, but they’re heavy and could be more efficient. 
  2. Nickel-cadmium (NiCd) batteries: These are similar to lead-acid batteries but lighter and last longer. They could be better at converting sunlight into electricity, though. 
  3. Polymer lithium-ion (PbLi) batteries: These batteries are lighter and durable. They’re great for things that need a lot of power, like electric cars. 
  4. Solar-powered lithium-ion (SOLAR) cells: These are like PbLi cells but use solar panels for storage. They’re suitable for small devices and can be used over and over without needing to recharge. 
  5. Sodium nickel sulfide (NiS2) batteries: These are environmentally friendly and powerful, but they only last for a short time because they can catch fire easily. 
  6. Lithium-ion polymer (LIPs) batteries: These combine the excellent things from PbLi and LiPo cells using organic molecules. They’re efficient and durable.

Best Solar Battery Brands in Australia

Some of the best solar battery brands are listed below: 

For a detailed review of the batteries, check out Best Solar Batteries For Australia. 

Cost of Solar Batteries

The average cost of solar batteries in Australia can vary depending on factors like size, brand, and quality.  

Generally, though, you should pay anywhere from a few thousand dollars to tens of thousands of dollars for a solar battery system. Popular solar batteries are priced between $8,750 and $15,500. 

It’s essential to get multiple quotes and compare prices from different providers to find the best deal for your needs. While the upfront cost might seem high, solar batteries can help you save money on electricity bills in the long run.

Maintenance of Solar Batteries to Optimise Performance

First, always check your solar batteries regularly for any signs of rust or damage. Look for cracks in the cover or any parts that have changed colour. Also, ensure that all the wiring is in good condition and there is no rust.  

Second, only try to fix a damaged or rusted solar battery yourself if you know what you’re doing. Sometimes, trying to fix a broken battery can make things worse and end up costing you more money in the long run.  

Always ask a professional for help when dealing with something as tricky as a solar battery system. 

Third, always use the proper protection when storing and moving your solar batteries. Never leave them in direct sunlight or extreme heat.  

If you have to move them, put them in a protective container that keeps them safe from extreme temperatures, moisture, and bumps. 

Fourth, always use good quality chargers when charging your solar batteries. Cheap chargers have less power than required, which can damage your battery over time. Also, try to charge them up regularly every few weeks to keep them working well. 

Contact Solar Emporium today for any solar solutions! Also, get a free solar quote. 

Our Solar Experts are here to Help!