So many Australians are becoming disenchanted with the rising costs of electricity in this country that more and more homeowners and business owners are looking into solar power to save cash. What people want first though, is answers. How will solar power save money in the long term and is it worth the initial investment?
Let’s take a look at how solar electricity can save you money on the electricity you consume and why solar power is a worthwhile investment.
Solar Power Is Getting Cheaper
As technology in the field advances and improvements are made in the manufacturing processes of creating solar panels, inverters, and solar batteries, the cost of solar equipment is steadily dropping, making it even cheaper for Aussies to install solar power in their homes and businesses.
Apart from being overall cheaper to install solar power, these savings mean homeowners can install more powerful systems for around the same price that it used to cost to install a solar system that generated a lot less electricity on a daily basis. Rather than an inadequate 1.5kW system that many homes had installed around 10 years ago, you can now install a far more robust 5kW system instead.
With safer and more powerful solar systems now on the market, the savings solar electricity brings you are increasing all the time. Now is as good a time as any to consider installing solar power.
How Much Money Can You Save On Electricity?
There is no one simple answer to this question, but what you can be sure of, is that you will save money on electricity when you install a solar power array.
The savings can vary, depending on the cost of electricity in your area, what type of solar system you have installed, how many appliances, lights and so on you use per day and more variables.
On average, if you have a 5kW solar power system installed in your home or business, you could expect to save at least $500 per quarter on your electricity bills. With good weather, reduced electricity use overall and having a solar battery as part of your solar system, you can expect to save even more money.
To truly have a better idea of how much money you could save, it’s best to consult with a solar power industry expert. They can sit down with you, do some sums based on your current average electricity usage and then explain to you how certain solar power arrays can save you money and approximately how much money based on your current electricity usage.
Most solar electricity companies will be happy to have a consultation with you to discuss things like savings and what system might suit your home or business best. When you need expert knowledge, it’s always best to speak with an expert.
You Have Many Solar Power Companies To Choose From
When it comes to solar power, solar inverter installation and solar panel installation, Australia offers up loads of choices, due to the fact that solar power is so popular in this country. It’s great to have options, as it means you can shop around for the best deal and there is a lot of competition out there.
Having said that, you don’t want the cost to be your only consideration. Solar power is an investment in your future, so you want to deal with a reputable firm that provides quality products and services for fair prices, and a company that offers some after-sales service and warranties.
It’s well worth taking your time to do your research before choosing the right company for your requirements.
Harnessing the Sun’s Power Is Kinder To the Environment
Saving energy isn’t all about the bottom line on your electricity bill. We’re all more focused on protecting the environment around us these days and solar power is one way you can play your part in helping to save the planet; by harnessing the power of the sun and producing cleaner energy that doesn’t require the burning of fossil fuels.
One of the biggest ongoing costs in Aussie households is electricity, so it only makes financial sense to search for ways to reduce that cost. Solar power is the answer and it’s an investment in your future.