Australia is one of the sunniest countries in the world, making it an ideal place to have solar panels installed. Solar panels don’t just help to reduce your energy bill, they can also provide a renewable energy source.
Solar panels are relatively easy to install, and there are several government incentives available to encourage people to switch to solar power. If you’re considering installing solar panels, here’s what you need to know.
Why are solar panels getting popular in Australia?
Research showed that Australia receives 10,000 times more solar radiation than it consumes. This is equivalent to 58 million petajoules (PJ) per year and could easily supply all of Australia’s energy needs.
As a result, solar panels have gone from being a rarity to a common sight in many Australian suburbs. The latest figures show that more than 2 million Australian homes have a rooftop solar power system. That’s around 20% of all residential properties.
There are a number of reasons for this increase in popularity:
- The cost of solar panels has fallen significantly in recent years, making them more affordable for the average consumer.
- The availability of government rebates and incentives has made solar panels even more attractive.
- Public awareness of the environmental benefits of solar energy has created strong demand for solar products.
Benefits of solar panels installed on your strata building in Australia
In a world where there are over 6 billion people without power, the 2 millionth home in Australia has just installed solar panels. However, strata buildings have been gridlocked for a while now and are unable to take part in the solar revolution. The few buildings that have panels on them are estimated at less than 0.5% of residential properties.
There are a lot of complexities involved in installing solar panels on strata buildings. If you live in a strata property, you may be familiar with the need to pass a special resolution in order to make changes to common areas.
But the situation is not the same now!
Traditionally, strata schemes are usually required to get 75% of the votes in order to validate any changes. However, the NSW Government has recently reduced this threshold to 50%. With this change, the installation of solar panels on strata buildings is no longer a tough nut to crack.
Additionally, you will get the following benefits after installation:
- Savings on energy
Solar panels installed on your strata building can help you save money on your energy bills. The amount of money you save will depend on the size and type of solar panel system you install, as well as the amount of sunlight that hits your building.
- Short payback period
Solar panels have a short payback period, meaning that they will quickly start to save you money once they are installed. In most cases, the payback period is less than ten years.
- Increasing property values
Solar panels can increase the value of your property. This is because they can make your property more energy-efficient and environmentally friendly, both of which are appealing to potential buyers.
- Reducing carbon emissions
Solar panels can help reduce your building’s carbon emissions. This is because they generate electricity from renewable energy, which doesn’t produce carbon dioxide as fossil fuels do.
- Consistent baseload for maximum financial benefit
Solar panels provide a consistent baseload of electricity, which can help you maximize the financial benefits of solar power. This is because you will be able to sell any excess electricity that your solar panels generate back to the grid at a higher rate than what you would pay for it.
How do I find a reputable solar panel installer in Australia?
If you’re considering solar panels for your home in Australia, it’s important to find a reputable installer. Here are some tips:
- Make sure that the company has been in business for at least five years. It will give you a good indication of their experience and expertise in the field.
- It’s always a good idea to ask to talk to previous customers to find out about their experience with the company, both before and after installation.
- Whether or not the system is designed by a CEC accredited system designer.
- This accreditation ensures that the system has been designed by someone who has met the rigorous standards set by the Clean Energy Council.
- Request an on-site visit from the installer to assess your needs and energy load profile. This will allow them to provide you with a tailored solution that meets your unique requirements.
- Be sure to ask about warranty and service agreements. This will give you peace of mind knowing that your investment is protected in the event that something goes wrong.
- By keeping these key factors in mind, you can be sure that you’ll find a reputable and experienced solar panel installer who can provide you with a high-quality system that meets your needs and budget.
Popular solar panel brands available in Australia
There are many different solar panels brands on the market, but some of the most popular in Australia are the following:
- LG solar panels
In Australia, LG is a market leader in both commercial and residential solar panel installations. These panels are highly efficient, meaning that they can generate more power per square meter than many other types of solar panels.
This is especially beneficial in areas with high levels of sunlight, such as Australia. Their efficiency ranges from 16% to 21%, and the company claims that its panels have a lifespan of 25 years.
- Jinko solar panels
The Chinese company Jinko has won awards for their high-efficiency solar panels. They rank highly in terms of performance against other brands on PVEL scorecards.
Jinko’s Cheetah Mono PERC Module can achieve up to 20.45%. This is the highest panel efficiency that Jinko provides, and it goes really high for residential models – only hitting 22%.
- Tesla solar panels
Tesla solar panels are the latest innovation in renewable energy technology. These solar panels are some of the most efficient on the market, and their unique design allows them to capture more sunlight than traditional panels.
In addition, Tesla’s solar panels are made with high-quality materials that are designed to withstand the harsh Australian climate. With a 25-year warranty, you can be confident that your Tesla solar panel will continue to produce clean energy for years to come.
How do I calculate the number of solar panels required for my building?
The first step is to calculate the total power consumption of the building. This can be done by adding up the power consumption of all the appliances in the building.
The number of solar panels needed for the building can be calculated by using the following formula:
Number of Panels = (Total Wattage of Building) / (Wattage of 1 Solar Panel)
For example, if the total wattage of the building is 100,000 watts and the wattage of 1 solar panel is 250 watts, then the number of solar panels needed would be 400.
Solar panels are a great way to reduce energy costs and help the environment. However, it is important to calculate the right amount needed for your specific situation in order to get the most benefit.
Luckily, this process is not difficult as long as you have some basic information about your building and solar panels. With a little bit of math, you can easily determine how many solar panels you need to power your building.
Factors influencing the selection of solar panels for your building
Installing a solar panel system is a huge investment. There are a lot of factors to consider when deciding if solar is right for your building, including the upfront cost, available roof or ground space, sun exposure, shading, and local incentives.
The most important ones are the following:
- Your energy usage
This is the most important factor in determining how many solar panels you’ll need. The more electricity you use, the more panels you’ll need to offset your usage.
- Your climate
Solar panels produce more electricity in sunny climates than in cloudy or shady ones. If you live in an area with lots of sun, you’ll need fewer panels to offset your usage than if you live in a shady area.
- The size of your roof or ground space
The more space you have for solar panels, the more panels you can install. This is important to consider if you have a limited amount of space available for solar.
- The angle of your roof
Solar panels should be installed at a certain angle to maximise their electricity production. If your roof isn’t angled correctly, you may need fewer panels to offset your usage.
- Local incentives
Some states and utility companies offer rebates or other financial incentives for installing solar panels. These can significantly reduce the upfront cost of your solar panel system, making it more affordable.
After you’ve considered all of these factors, you can begin to estimate how many solar panels you’ll need for your building. The best way to do this is to consult with a professional solar installer. They can help you determine the specific number of panels needed for your building and climate.
How do I get a quote for installing solar panels in Australia?
The first step is to find a reputable solar panel installer. There are many ways to do this, but the easiest way is to use a bulk buying platform. These platforms bring together multiple installers and allow you to get quotes from all of them at once. This ensures that you’re getting the best possible price.
Once you’ve found an installer, you’ll need to provide them with some basic information about your home. This includes your address, area, and quarterly electricity usage. With this information, they’ll be able to give you a quote for the installation of solar panels.
There are a few things to keep in mind when getting a quote for solar panel installation. First, make sure that the quote includes the cost of the panels, the installation, and any other associated costs. Second, be sure to ask about any available discounts or rebates. Finally, make sure that the quote is for a system that will meet your energy needs.
Getting a quote for solar panel installation is a simple process. By following these steps, you can be sure that you’re getting the best possible price for your new system.
Cost of installing solar panels and the ROI you can expect
If you’re thinking about going solar, one of the first things you’ll want to know is how much it will cost to install solar panels. The price of a solar panel installation can vary quite a bit depending on the size and scope of your project, as well as where you live.
However, the average cost of a residential solar panel installation in the United States is around $1.03 per watt. This means that if you were to install a 5-kilowatt (kW) system, it would cost you around $5,170 after tax credits and other incentives.
Of course, the upfront cost of solar panels is just one part of the equation. You also need to consider the return on investment (ROI) you can expect from going solar. The good news is that solar panels are a very wise investment, and the average ROI for solar panel installations is around 20%.
This means that if you invest $5,170 in a solar panel installation today, you can expect to make back around $1,034 per year in savings on your electricity bills. Over the course of 20 years, your total savings would be around $20,680.
Yes, the cost of solar panels and the ROI you can expect will vary depending on a number of factors. The price of electricity in your area, the amount of sun exposure your home gets, and the size and efficiency of your solar panel system all play a role in determining how much money you can save by going solar.