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05 Feb

Demand for solar panels has increased by 20% over the last 5 years with over 2 million Aussie homes now running on solar.

That’s huge! But what’s the rage all about?

Surging power bills, the falling prices of solar panels and an annual rate of return of 20% of the investment are all reasons good enough for this spike in demand.

But as a first timer, what is it that you should be looking for when it comes to going with this big decision for your home?

1.    What’s the right size of solar panel system for my needs!

If you are thinking of going solar, it’s important to access the amount of electricity your home utilizes on an average and then go for a system that has a similar capacity to match your needs.

The easiest way of doing this is to look at your electricity bills for the month and calculate your daily consumption. If you have a smart meter installed, this exercise should be even simpler.

Your exact usage may vary in different seasons and different times of the day, but a typical Aussie home utilizes somewhere between 15kWh to 20 kWh per day. 

2.    Grid connected versus off grid

Demand for solar panels has increased by 20% over the last 5 years with over 2 million Aussie homes now running on solar.

That’s huge! But what’s the rage all about?

Surging power bills, the falling prices of solar panels and an annual rate of return of 20% of the investment are all reasons good enough for this spike in demand.

But as a first timer, what is it that you should be looking for when it comes to going with this big decision for your home?

The easiest way of doing this is to look at your electricity bills for the month and calculate your daily consumption. If you have a smart meter installed, this exercise should be even simpler.

3.    Do I have enough roof space?

Generally getting solar panels installed is not a question of the number of panels you will need rather more about their capacity.

The more the output of each panel, the less panels you will need and hence less roof space. Fewer solar panels also means a quicker and less costly installation.

4.    What’s the cost and how long does it take to pay back

When it comes to doing a cost estimate of your solar panel installation, you should compare the price of the whole system rather than adding up price of individual panels.  On average, it costs about $5k for a 5kW system but the good news is that the prices are going down and you can start seeing the return on your investment from 4 years or less.

5.    Who can help me install it?

In the face of a lot of dodgy installations risking not only your investment but also your property and your family, it’s important that you only hire an accredited solar panel installer or an electrician with solar expertise to carry out the work for you. It’s worthwhile to get advice on system capacity and a detailed written quote before you go ahead.

We can help!

As licensed and accredited electricians in Ballarat specialising in solar as well as all general electrical installation and repairs, we can help you determine the right PV system for your needs and install it to the highest standards.