Reduce Your Electricity Bills With a Solar Power System

solar system newcastle nsw

With the abundant sunlight in NSW, many homeowners are switching to solar energy. The process is simple and affordable. It offers a number of benefits, including the ability to save on your electricity bills.

The Australian government provides incentives to encourage people to switch to solar power. These include rebates and feed-in tariffs.

Cost

As a result of generous government rebates and falling solar panels prices, many Newcastle residents have installed rooftop solar power systems to save money on their electricity bills. A typical system in Newcastle costs less than $5,000, including an import/export electricity meter and a switchboard upgrade for homes with older fuses rather than circuit breakers.

The cost of a solar system in Newcastle also depends on its size, with a 5kW solar power system typically being the most popular. This includes between 18 and 24 panels that produce an average of 28 kWh per day. A larger 10kW solar energy system is also available for large houses, with prices starting at $4,990.

The price of a residential solar system in Newcastle will be further reduced by the feed-in tariff, which pays for the excess electricity produced by your system and sent back to the grid. Feed-in tariffs vary between electricity retailers, so it’s worth shopping around to find the best deal.

Feed-in Tariffs

When your solar panel system is connected to the electricity grid, it may generate more energy than you need. This excess power is exported to the electricity network and your retailer will pay you a fixed rate for it. This is known as your solar feed-in tariff (FiT).

Unlike states like Victoria where there is a minimum FiT, NSW does not legislate a fixed rate. Instead, it is a competitive market, so electricity retailers assign value to exported solar power as they see fit.

Many energy providers advertise high solar FiT rates to attract customers, but they often also charge high electricity purchase rates. Therefore, it is important to focus on specific energy rates when shopping around. Choosing the right one can save you thousands over the life of your solar panel system. In addition to the Solar Feed-in Tariff, your NSW rebate will depend on the kW size of your solar panels and your location. The higher your kW size, the more Small-scale Technology Certificates (STCs) you will receive.

Low-Income Household Rebate

If you’re an Australian homeowner who’s tired of paying extortionate electricity rates, consider investing in solar panels Newcastle NSW. These renewable energy systems are not only environmentally responsible, but they also save you money on your monthly power bills. Plus, they provide a speedy investment return. The savings you make from omitting electricity will soon surpass the amount of money you spend on your initial installation costs. With durable and efficient solar panels from Captain Green, you can achieve energy independence in your home or business.

The government is offering a rebate for low-income households to encourage more people to switch to solar. The offer allows NSW residents to trade in their $285 annual energy rebate for a free 3kW solar system. However, they’ll have to forgo this rebate for 10 years.

Solar Panels

A solar power system in Newcastle is an excellent way to reduce your electricity bill. The panels are located on your roof and should be angled to capture the maximum amount of sunlight during the day. This is especially important in the winter when more energy is required for heating.

The company offers personal in-home appointments at no cost to clients and provides comprehensive advice. It also partners with the best brands to ensure quality products and services. Its customers can expect to enjoy the benefits of a well-designed and efficient solar panel system for years to come.

The company focuses on supplying and installing high-quality, reliable solar systems for households and businesses in Newcastle. Its mission is to help Australians become energy independent by reducing their dependence on mains electricity. The system pays for itself quickly and can be used to offset energy prices. The company also offers a wide range of battery storage options.



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