Is It Worth Getting Solar Panels In Nsw

Granted the solar incentives are not as generous as they once were but they can still save you thousands of dollars over the life of your system.

Is it worth getting solar panels in nsw. Nsw solar rebates and incentives. For a property paying 500 per quarter for power a 6kw 10kw. According to chris barnes from consumer group choice the answer is pretty clear. According to solar choice a website which compares different solar deals the average sized system being installed across australia a 6 6kw set up costing somewhere between 5000 and 6000 can save a typical household 1400 to 1800 each year.

Small scale technology certificates stcs and feed in tariffs fits. As you can see for most australians they can install solar and have the system pay for itself within 6 years. The best solar panel installer nsw can help you evaluate your options. In almost all cases for almost all homes yes it s still worth it he said.

Ok so is getting solar still worth it. That s a reflection of the fact the price of the actual panels has gone down and the capacity of the solar panels has gone up. So are solar panels really worth it. Nsw residents have access to two solar incentives.

Solar power is fed into the home to be used as it is generated so by using solar power you are not buying power from the grid. If you don t use the power as it is generated it is fed off to the grid and you will get paid a small amount for this from your energy retailer. Assumed that 50 of solar energy is used by the home self consumption rate panels are tilted to the north at 30 pitch. Inflation at 2 5 and a 5 discount rate.

A smaller 3kw system can save the average home between 800 and 1200 per year. Solar is worth it financially.