SOLAR SAVINGS
SOLAR INCENTIVES
For many homeowners, the main reason they choose to go solar is to save money and secure their energy independence. While potentially expensive, there are a number of solar incentives such as the solar rebates which is designed to make owning a solar PV systems cairns as affordable as possible.
In addition to the financial incentives, Origin Energy reported that 80% of Australians thought solar panels would add value to their property. A 5kW solar installation was estimated to attract a $30,000 premium to the average property.
GUARANTEED SOLAR SAVINGS
Getting a reputable solar system Townsville installers to design and install your solar PV system will help you save in the form of a solar rebate (or technically solar incentive), a feed in tariff and protect you against relentless price increases. It is also generally accepted as a renovation and investment that increases your property value. This is because you are democratizing solar and owning every watt.
THE POWER OF PURCHASING – OWNING EVERY WATT
You get the Solar Rebate
The solar rebate or incentive is an initiative by the government to offset fossil-fuel emissions. But, the process incentivizes adopters of renewable energy. When you purchase a solar PV system from us, you are credited with a specific number of certificates (also called STC) which are traded in a marketplace. As a Clean Energy council accredited solar retailer, we can claim these “STC’s” on your behalf which in many cases offsets almost 40% of the system. As a result, your solar installation is subsidized by businesses with this government solar incentive. However, every year, the value of the solar rebate tends to decrease. As a result, for Cairns homeowners to benefit from solar system cairns, the arrangement of the solar rebate or solar incentive benefits homeowners who install solar now rather than later.
You get the credits from your electric company
In a home solar PV system, whenever you generate a surplus of electricity, it is exported to the grid. Ergon Energy credits you for every kWh of electricity sold. While the credits (which is called the buyback rate or the feed in tariff) was more generous in the past when the price of a solar installation was higher, it is lower due to the higher adoption rates by Cairns and Townsville homeowners.
You are protected from rise energy costs
The strongest benefit of a solar PV system is an insurance against rising energy costs. A well designed solar installation will save you most of the variable energy costs from your utility provider.
As a standalone power generator, you will benefit from energy harvested from the sun and in many cases, only charged the supply fee. Due to a lack of competition in energy retailers, as homeowners in Cairns, we are susceptible to price hikes. Going solar is one of the best means to secure lower energy prices for the future.