Providing greener energy and lower electric costs, solar systems are gaining popularity across the country. Whether you’re new to the idea of solar power or you’re ready to install a system of your own, our team at Solar Miner has put together a quick guide with all you need to know about solar power in Melbourne, Victoria.
The concept behind solar power systems is quite simple: Energy from the sun is absorbed by rooftop panels then converted to energy for use.
A solar panel system has three main parts: the rooftop-mounted power cells, the mounting system, and an inverter to convert energy into a usable form.
There are a variety of system sizes available, from 1.5 kW to as large as 10 kW. A 5 kW system should work perfectly for the average Australian home, though your system size will ultimately depend on your daily energy usage.
Not sure how many panels you need? Consider the size and direction of your roof. For large areas, it may be more cost-effective to invest in a greater number of cheap panels, while smaller or less ideally situated roofs may benefit from more expensive, powerful panels.
Solar power systems have come a long way thanks to improvements in technology, making them more affordable for homeowners.
While prices can vary according to your home’s unique circumstances, the installer you work with, and any extra upgrades, you can generally expect to pay:
- 3,000 – 5,000 for a 3 kW system
- 4,500 – 8,000 for a 5 kW system
- 8,000 – 12,000 for a 10 kW system
Homeowners are offered a variety of incentives, from feed-in tariffs to state government rebates. Victoria currently offers a rebate of up to $1,888 as well as other plans intended to make residential solar power more achievable.
As investment options go, solar power is one of the best. Solar systems in Melbourne generally pay for themselves in 4 to 5 years, though your installation expert should perform a payback analysis to give you a better estimation of your specific payback period.
A well-designed and installed solar system not only benefits your Melbourne home, but also contributes to Australia’s zero-emissions goal. What’s more, you can enjoy cost-savings while helping to create a more sustainable environment and future.
Let’s Go Solar
Find out more about solar power through ARENA, Australia’s resource for renewable energy.
Don’t miss out on all the savings and benefits that solar power has to offer. Contact us today at 1300 285 885 or visit us at https://www.solarminer.com.au/