Solar panels are worth buying and a great investment for areas experiencing hot climates. You can receive countless benefits from the successful installation of solar panels from CEC accredited installers. It allows you to be eligible for subsidies, rebates, tax exemptions, and other government schemes or discounts to get financial benefits. You can get the best deal and certified installers for your solar panel installation in Sydney. Identify the installation cost in Sydney and calculate your budget for a suitable solar installer.
The installation cost depends on the time taken and the complexity of the task. It also includes additional service costs preferred by the homeowners. Solar panels should be installed at the right angle, elevation, and in the correct phase for improved quality or enhanced efficiency. Get to know more about the prices, efficiency, installation, and benefits of the solar system.
- Prices of the solar power systems in Sydney
The price of solar power varies according to the size, brand, manufacturer, and the number of panels purchased. You can get a good quality solar system after rebates at a certain price. For instance,
- The price of the 6.6 kW system starts from $6,500.
- An 8 kW solar system can cost you around $8,000.
- The price of 10 kW system cost is around $10,000.
- 13 kW solar system can cost you between $15,000 – $18,000.
- Rebates for solar panels available in Sydney
The residents in Sydney can avail the benefit of the best contribution to the nation by installing solar panels in Newcastle. They can avail of the benefits from Small-scale technology certificate (STC) rebates found under Renewable Energy Target. Federal STC rebate provides a discount of about 30% on upfront costs while installation which should be under 100 kW in capacity. The rebate percentages vary slightly with the location change. The rebates are to be collected by the solar system installer company. These companies offer the net price after deducting STC rebates from the customers.
The NSW government is conducting a program for disbursing interest-free loans to customers who are interested in installing batteries. However, the batteries are quite reliable, efficient, and useful in the long run of time. You can use solar power even on a cloudy day when the sun doesn’t shine at all with the help of solar batteries.
- Financial returns for solar panel customers
You can avail of a great return on investment for installing solar panels at your home. They can save approximately around $2,707 per year on your power consumption bills. However, after a payback period of 4 to 5 years, you can get extra net profit generated through your solar system.
Although, you should purchase the solar system of the right size according to the utility needs of your house. It can save you a lot of money on your solar investment. If you purchase a good quality solar system with a sufficient warranty period, expected financial returns could be better.
- Find the best installers in Sydney
You should choose a reputable company to appoint professional solar installers. It is best to do thorough research before making a hiring decision to install solar in Newcastle. You can take advice or suggestions from a trusted solar installer. You should check the certifications and other credentials of the installer.