Solar Power vs Electricity Cost Perth - Solar power systems have become increasingly inexpensive in recent years. There are excellent government solar rebate incentives available to defray the initial cost of a solar power installation. With all of the money, you'll save on power bills, the solar panel system will rapidly pay for itself. Let us show you how Solar Power vs Electricity Costs Perth and provide a great return on investment while also allowing you to help the environment.
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Solar Power vs Electricity Cost Perth: What’s the Difference?
Perth's average annual home power cost is $1,992, which equates to $332 per bill (issued every 2 months). According to Synergy, this is based on a four-person family in 2021. Also, the average energy cost might range from $212 to $491 (approximate numbers only), depending on the size of your home, the number of people living in it, your lifestyle, and usual use patterns.
A 6.6kW solar system will be the most often installed solar panel in Perth in 2021. In Perth, a decent 6.6kW solar system would cost between $6,000 and $8,500. The cost is primarily determined by the panels and inverter you select. Also, if you choose a European-made inverter, the price will rise by around $800. You may select from leading brands of Chinese and German solar panels. An 8kW solar system with high-quality panels will cost between $8000 and $9000 to install. It would produce 30kWh per day on average.
Understanding your bill:
Your home is full of gadgets that run on electricity, such as refrigerators, air conditioners, ovens, televisions, laptop computers, and so on. Kilowatt-hours are the units of measurement for power (kWh). kWh are refer to as units on your power bill (kWh and units are the same things).
Without a solar system, each unit of power used by your home will cost around 28c. The advantage of having solar is that you avoid using power from the grid, which charges 28c per unit. After a period, the cost of installing a solar system will be less than the cost of your power bills.
How much you save from a solar system
A 6.6kW solar system in Perth may save between $1,200 and $2,000 per year on power costs. Also, an 8kW solar system can save more than $3,000 per year.
The advantage of solar PV in NSW is that it decreases your power bill by around $400 per year per kW of solar energy thus installing an 8kW solar system may save up to approximately $3,400 per year, or $850 on the quarterly electricity bill.
There are two basic methods to save money by utilizing the benefits of a home solar system:
Self-consumption
The primary strategy to reduce energy expenses is to consume the electricity generated by solar PV. Self-consumption minimizes the quantity of power that must be purchase from the electricity supplier, lowering the electricity bill. When using solar energy that is directly generated by the panels, one can save 30c per kWh. Maintaining a high rate of solar self-consumption will aid in optimizing the return on investment.
Feed-in tariff for excess energy
Excess energy feed-in tariff A feed-in tariff will be paid if the generated solar energy is put back into the grid. It is a credit for extra energy deliver to the grid. It is typically roughly 10c per kWh, however, this might vary depending on the state and merchant. In Western Australia and the Northern Territory, these tariffs are set, but in the rest of the country, it is up to your energy provider. In Victoria, a minimum of 10.2c per kWh is required. The feed-in tariff is often cheap in comparison to the cost of energy.
Installing a high-quality solar power system can boost the property's worth and potential rental income since subsequent owners or renters will be able to profit from the solar PV on the roof. When it comes to selling a home, those with solar PV are in higher demand. Western Australia's solar power industry offers a fantastic chance for a favorable financial and environmental outcome by transitioning to 100 percent renewable energy sources and lowering each household's carbon footprint.
Why Solar Power is Better
Energy Efficiency and Savings | One big reason to consider solar panels is the money saved. In Perth, the cost of buying new solar panels is falling, making them more affordable for ordinary Australians.
In addition, the Australian government often offers rebates and tax credits to help you pay less when installing solar panels. These things can affect how much you save on solar and help the panels pay for themselves faster. |
Low Energy Bills | With new solar panels on your house, you can start paying a lot less electricity bills. Solar energy systems use the sun's energy to power your home, so you don't need as much energy from conventional sources.
By buying solar panels, you also protect yourself against the increases in energy market prices. Where the sun shines a lot, you can use all the sunlight to save even more solar energy. |
Return on Investement (ROI) | Everyone wants to make smart investments and solar panels are worth considering. Calculating ROI is easy. You think about how much you'll spend up front, how much you'll save over time in utilities and government benefits or rebates.
For most people, solar panels take 5-10 years to pay for themselves. You'll save money later, so it's a good investment in the long run. |
Environment Impact | Although this comparison focuses on costs, it is important to consider the environmental benefits of solar energy. Solar energy is clean renewable energy and produces significantly fewer greenhouse gases than traditional electricity generated by fossil fuels. |
How Affordable are Solar Panels?
Solar panels have never been less expensive. Not only has the cost of solar panels decreased, but technological advancements mean that you are receiving more 'bang for your buck.' In 2014, the typical 5Kw solar system cost around $7,500. Today, you can get a 5KW system for much less. There are still rebates and incentives available. Currently, you will earn 7c per Kw supplied back into the grid, and both businesses and homes will benefit from significant savings in the form of Small-Scale Technology Certificates (STCs) and Renewable Energy Certificates (RECs) (RECs).
How Much Money Will We Save in a Year with Solar Energy?
The cost per watt may differ depending on the state. Prices range from 19.46 cents per kWh in Victoria to 20.27 cents per kWh in Queensland, 23.29 cents per kWh in New South Wales, and 31.57 cents per kWh in South Australia. With high power prices, the average household's yearly savings in electricity expenses might be rather promising. A 5 kW standard-size solar system generating enough electricity to cover a home's entire demand may easily save you between $1,400 and $2,200 per year, leaving you with a potential savings of $35,000 - $55,000 during the panels' 25-year lifespan.
TDG solar
TDG Solar is the best solution for your green energy demands. The company is based in Australia and is a very reputed and in-demand solar power company. It has been the top provider of solar panels in Australia. It ranks among the top 10 solar panel dealers in Perth. TDG Solar is an Australian-owned company and it sells and installs the panels that are Clean Energy council approved. It is among the renowned brands in Australia that are striving to make the best use of renewable energy resources. Also, it offers a diverse range of products and services for the people of Australia, so that they can cater to their daily electricity needs. The products and services are provided on demand and are customized. An experienced team of professionals, and technicians that make sure you get the best final product. The solar panels are installed in such a way that they remain intact for years to come. The energy is very beneficial as it reduces the carbon footprint and helps fight against global warming. The team has been operating in Perth for most of the time but has its presence in other parts.
Why you should choose TDG Solar as your trusted partners?
- TDG Solar has been in green energy for more than a decade and their experience is huge. They know the market and what are the best products that can be given to the customers.
- All the products they sell or install are approved by the Clean Energy Council.
- TDG Solar is the topmost solar energy in the country that does not compromise the quality of its products.
- It provides solar panels, inverters, and many other products.
- The company provides you with the best quality solar equipment at the most reasonable prices.
Contact Details
Name | TDG SOLAR |
Address | 1/48 Vinnicombe Drive, Canning Vale WA 6155 |
Phone number | 1300TDGSOL (1300 834 765) |
Frequently Asked Questions (FAQs) Concerning Solar Power Vs Electricity Cost Perth
1) Is it worth getting solar in Perth?
A rooftop solar system is a good investment in Perth. Most of them pay back the grant in 4-6 years, but some have a payback period of only 4 years. It all depends on the installation costs of the solar system, the government rebates and the savings that can be achieved.
2.How much does a 5kW solar system cost in Perth?
A good quality 5 kW solar system costs $3,900 to $8,000. There are cheaper systems available, but you get what you pay for. By choosing a system in this price range, you can be sure that you are buying a quality solar system.
3. How many kilowatts of solar energy should the house use?
Square meters of the home compared to the number of solar panels needed
- Size of the home
- Estimated annual electricity demand
- Number of solar panels needed
- 1000 square meters. feet