The Cost of Solar Systems in Canberra
Solar systems are becoming increasingly affordable thanks to high-quality panels and inverters, reputable manufacturers, and good warranties. In addition, solar rebates can reduce the total cost of a system.
The ACT has some of the lowest electricity prices in Australia, making it a great place to invest in a solar energy system. However, it is important to choose a system that matches your consumption habits for the best returns.
Cost
The cost of a solar system in Canberra varies based on the size of your home and the type of panels you choose. The most common size is a 6kW system, which can be used to power an average-sized 3- or 4-bedroom home. This type of system is ideal for households looking to balance upfront costs with significant electricity savings.
Solar energy systems convert sunlight into electrical energy through solar panels and an inverter. They can then be used to power household appliances. A solar energy system is an excellent way to save money on electricity bills and reduce your carbon footprint.
Investing in a renewable energy system is a smart move for any Canberra home or business. Many homeowners choose to add a battery to their solar system to increase their electricity savings and to be more resilient in the event of a blackout. This is a good choice because it will also qualify you for rebates.
Efficiency
Solar systems convert sunlight into direct current (DC) electricity using semiconducting materials. This energy can then be converted to alternating current (AC) by an inverter and used in your home or business to power appliances that use AC electricity. This can significantly decrease your reliance on the grid and lower your electricity bills.
Choosing the right size system for your property is important to maximise the benefit of your solar investment. A good starting point is your household hourly electricity consumption as listed on your electricity bill, along with the average peak sun hours for your state. Then, you can calculate the amount of solar panels required to meet your energy needs, taking into account the panel’s wattage rating.
When selecting a solar power system for your Canberra property, consider the quality of the components. Solargain only recommends products that have been tested in Australia’s extreme climate conditions, and which are supported by an Australian-based network for warranty claims and after-sale service.
Warranty
A solar system can be a great investment for your home or business. However, you should ensure that it is installed correctly and protected with a comprehensive warranty. This will not only protect your investment but also help you save money on electricity bills and even make some extra cash from the sale of excess power back to the grid.
The installation warranty is a good indication of the quality of workmanship from the installer. It should cover all electrical components of the system including inverters, wiring and other parts. It should be at least 10 years in duration and clearly state what is covered and what isn’t.
Choosing the right solar company is essential, as Australian Consumer Law requires all warranties to be provided by the entity that sold you the system. Avoid cheap systems that offer only a product warranty, as these are likely to fail. They are often supplied by companies that have imported and/or manufactured the hardware, which means that you would need to contact them for a claim.
Installation
Solar panels absorb renewable energy from sunlight, converting it into direct current (DC) electricity using semiconducting materials such as silicon. This DC electricity is then fed into the household electrical system via an inverter, which converts it to alternating current (AC) energy that can power devices.
A solar hot water system uses free solar energy to heat your domestic water, reducing the amount of electricity you need to buy from the grid. It can save you up to $3,600 per year in electricity costs. The best solar hot water systems use a combination of solar panels and an inverter to maximise efficiency.
A large number of households in Canberra are installing solar power systems. These systems typically pay for themselves within a few years, and provide significant savings on electricity bills. These savings are further enhanced by the feed-in tariffs offered by electricity retailers. The ACT is one of the leading states for renewable energy uptake in Australia.
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