2017 has been an absolute record breaking year for solar installations in Australia and Greenfield Energy can certainly vouch for that! The team are currently busy installing solar systems for both local residents and businesses in time for Christmas. And with electricity prices predicted to continue increasing into 2018, we’re pretty sure the boom in solar power we’ve seen this year is only going to continue.
Green Energy Markets’ Renewable Energy Index shows more than 100 MW of rooftop solar was installed across Australia in October, that’s 15,736 solar systems. It’s only the second time solar panel installations have gone over 100 MW in a single month. The first time was back in June 2012, when much higher solar subsidies were available.
A recent report from the Grattan Institute found many Australians are paying more for their electricity than they need to, hence the solar boom. The report also highlights that the way retailers advertise their discounts is confusing. Even consumers who take advantage of discounts can end up paying much higher prices when their contract expires. Electricity is an essential service without substitutes and too many Australian families are now living below the poverty line because of their higher than ever power bills.
Power bills will rise significantly from the beginning of 2018. Electricity prices are jumping by almost 15%, gas is going up 13.5%. Greenfield Energy aims to help Australian households not only to lower their power bills but to understand them. If you would like a free energy audit of your energy consumption, please contact us on 1300 91 21 66 to see how you can save. We look forward to hearing from you.