October 9, 2019 in Solar Panel
Summer is right around the corner so now is the time to think about how you can save on your energy bills. And before you go to drastic measures think solar panels because Melbourne can have up to 15 hours of daylight during the summer. With over 15 years of experience DS Electrical are experts on how to install solar panels and why you should install them.
Why are Solar Panels beneficial?
Cost Saving: It is no hidden fact solar panels are a one-time investment designed to cut energy bills, thus paying for themselves within five years of installation. Additionally, the Australian government has designed incentive programs for people that opt in for solar installation.
Largest Renewable Energy Source: Solar energy is considered to be the most effective and affordable renewable energy source in the energy consumers market. Solar panels are made up of photovoltaic cells which convert the suns energy into electricity. Australia is constantly exposed to the suns’ harsh rays; hence it makes the perfect place to install solar panels. Unlike other renewable sources solar energy doesn’t only generate electricity it can also be adapted into other forms of energy including thermal heating. Ask one of our electricians how solar panels can improve your home.
Government Incentives: The Australian Government has set up an incentive program for households that install solar panels, the Small-scale Technology Certificates (STCs). This means in 2019 you can claim up to $2225 for your solar installation if you choose to use a registered Clean Energy Council Accredited Installer like the electricians at DS Electrics.
Another incentive the Victorian government has implemented is Feed-in Tariffs (FiTs). This is a set rate that will be paid to you for any excess energy (energy you don’t use) that is fed into the electrical grid. There are two version of this tariffs; single-rate tariff and time-varying tariff, and it will depend on your energy provider as to what tariff is offered.
- The single-rate tariff is a set rate that is applied regardless of the time of day, in the 2019-20 financial year this tariff is 12 cents per kilowatt hour.
- The time-varying tariff is a tariff that will have varying rates depending on off peak and peak hour, in the 2019-2020 financial the off-peak rate is 9.9 cents per kilowatt hour and peak rate can reach 14.6 cents per kilowatt hour.
Long Lasting: Solar panels are not known to wear out and if they do many solar panels come with 20 year warranties. The estimated degradation is 1% per year with maintenance checks, this means that solar panels will still be 80% efficient in 20 years.
Real Estate Benefits: Installing a solar panel can have unheard of benefits when it comes to selling your house. Real Estate agents jump at the opportunity to sell a house with solar panels as more and more Australians buying houses are becoming conscious about climate change and global warming. In recent years houses in Melbourne that have solar panels installed have sold for up to $22,000 more and 20% faster than houses that do not have solar panels.
Ready to install solar panels? Choose DS Electrical electricians to install them.
Our electricians have over 15 years of experience installing solar panels and are highly knowledgeable in current renewable energy trends. We not only install solar panels but can undertake the sourcing and procuring of the solar panels, making sure they are of highest quality and the right fit for your house at an affordable price.