Solar power is fed into the home to be used as it is generated so by using solar power you are not buying power from the grid.
Is it worth getting solar panels in nsw.
As you can see for most australians they can install solar and have the system pay for itself within 6 years.
But its exact worthiness for you will invariably depend on the above factors.
Inflation at 2 5 and a 5 discount rate.
Solar is worth it financially.
Granted the solar incentives are not as generous as they once were but they can still save you thousands of dollars over the life of your system.
A smaller 3kw system can save the average home between 800 and 1200 per year.
So yes solar power is worth it.
Nsw solar rebates and incentives.
Hire solar beam for local nsw solar support and services.
If you don t use the power as it is generated it is fed off to the grid and you will get paid a small amount for this from your energy retailer.
Ok so is getting solar still worth it.
According to solar choice a website which compares different solar deals the average sized system being installed across australia a 6 6kw set up costing somewhere between 5000 and 6000 can save a typical household 1400 to 1800 each year.
That s a reflection of the fact the price of the actual panels has gone down and the capacity of the solar panels has gone up.
Assumed that 50 of solar energy is used by the home self consumption rate panels are tilted to the north at 30 pitch.
So are solar panels really worth it.
Small scale technology certificates stcs and feed in tariffs fits.
In almost all cases for almost all homes yes it s still worth it he said.
According to chris barnes from consumer group choice the answer is pretty clear.