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The cost of solar panels can vary, depending on the price of the system, the application and the purpose. Solar panel prices do play a role as there are hundreds of different brands from around the world. Prices for your average 6.6kw system, can range from $5,000 to $12,000 - depending on a number factors.
Solar panel return on investment depends on a consumers usage. The average family will save over $2000 a year when installing a 5kW solar panel system. To check how much money solar panels will save you, organise an in-house assessment today.
In short, no. No you do not require a battery unit to gain great benefits from a properly designed and installed solar system. The current costs of batteries make it an economically poor decision, when coupled with a full solar system - with costs potentially rising in to the 10's of thousands. We often recommend waiting a few years before getting a battery unit.
If your property produces more solar power than it needs, a solar feed-in tariff allows you to feed energy back into the network grid for other customers to use. In exchange for your unused electricity, you receive a rebate on your electricity bills.
There’s currently no nationalised program for feed-in tariffs, and each Australian state has a unique arrangement based off energy prices in individual areas. For example, a solar feed-in tariff in NSW may offer a different rate than a solar power feed-in tariff in QLD.
If you’re sick of spending a significant portion of your household budget on electricity bills, the feed-in scheme makes solar power an even more cost-effective investment.
By installing a solar feed-in tariff, any power produced by your solar panels that isn’t instantly used gets exported back into the shared electricity grid for other properties. You’ll receive a few cents off your next bill for every kilowatt hour (kWh) of electricity that your solar system exports to the electricity grid.
It’s important to remember that the feed-in tariff is not a cash-in-hand arrangement. Any deductions you earn will be applied to your electricity bill.
Solar feed-in tariffs and solar rebates are different types of incentives. A rebate is a one-off payment designed to subsidise the initial cost of installing a solar system. Often provided by the government, rebates offer an immediate benefit as they can be used to cover installation costs.
On the other hand, feed-in tariffs provide ongoing deductions from your power bill. You may not notice the savings generated by your feed-in tariff right away, but it can make a big difference over time.
Feed-in tariffs have increased in the last year as energy prices have risen. This makes solar an even more appealing option to anyone considering installing it in their home. With the average 6.6kw system sitting between $5,000 to $12,000 and roughly $2,400 worth of savings available per year, your system could be paid for in just 3-5 years!
Valley Iconic's mission is to help as many Australians switch to green energy as they can. With a combination of technical knowledge and strong customer focus, our goal is to provide you with the best system for your energy needs.
We have over 4 years experience in the solar industry and always aim to exceed expectations for customers.