Using solar energy to provide light for homes, workplaces, and other places is becoming popular in Perth, the sunniest capital city in Australia. If you’re residing in this part of the world, you’re in the ideal spot to make the most of solar energy. Solar panels in Perth have become increasingly popular, thanks to the numerous advantages they offer. But, what is Solar Installation Cost in Perth in 2023 mean for your wallet? Let’s find out!
The Cost of Going Solar in Perth
The cost of solar installations depends on different factors such as the system’s size, the quality of the panels and inverters, and how complex the installation is. As a result, the solar panels Perth price isn’t a constant figure, but rather a range.
The average cost of a 6.6kW solar system in Perth, according to data from Clean Energy Council-approved installers, is estimated to be between $4,500 and $6,500 in 2023. However, these numbers are not fixed. Fluctuations can occur due to changes in material costs, variations in government incentives, and adjustments in installation fees. Hence, if you’re asking, “what is the cost of solar panels in Perth?” it’s always wise to get multiple quotes from trusted solar companies near you.
Cashing in on Rebates
The Western Australian government offers households three major benefits when they opt for solar installation.
The Small Scale Renewable Energy Schemes grant gives households in Perth a 10% discount on the total cost of solar installation. This initiative makes solar energy more affordable for residents of Western Australia.
Secondly, you stand to benefit from electricity savings and potential income generation. Once you have solar panels in Perth, you can reduce your dependence on your energy provider and potentially save on your electricity bills.
Lastly, the Distributed Energy Buyback Scheme (DEBS) lets households sell excess electricity generated by their solar systems to the grid. This scheme not only allows you to recover your investment faster but also helps Perth move towards a more sustainable energy mix.
Financing Your Solar Installation
Even with solar rebates in WA and incentives, the upfront cost of solar installation in Perth may seem daunting. However, there are financing options available that can lighten the load. You could choose to pay in installments, or even include the cost in your home loan. Another promising avenue is Green Loans, which were designed to help individuals transition to renewable energy sources.
Solar Installation: A Trend on the Rise
With approximately 3,000 solar installations per month in Western Australia, the transformation of the power system is in full swing. In Western Australia, the South West Interconnected System (SWIS) connects around 400,000 homes and businesses. This accounts for 36% of all customers, showing the fast increase in solar installation in Perth.
Many people used to think that it was impossible to shift to solar energy. They believed that the grid would not be able to handle more than 5% of solar power without problems. Despite doubts about the state’s energy situation, recent data shows that there has been a significant increase in insight by 69% and a record low in operational demand levels. As a result, the state is taking action by shutting down its two coal generators.
Making Sense of Perth’s Solar Installation Cost
The appeal of solar panels in Perth isn’t just about doing our bit for the environment; it’s also a savvy financial decision. Solar panels in Perth provide a viable and attractive solution for energy needs due to the average 5.8 hours of “peak sunshine” per square meter per day.
To put it in perspective, a household of three typically consumes around 20-25 kWh of energy daily. A 6.6 kW solar panel system costing approximately $4,900 (after deducting the STC rebate) can greatly reduce energy bills for a household. The rebate alone can save you around $3,000, making it a lucrative deal.
Solar Power in Perth: An Investment for the Future
From the sun-soaked coastline to the bustling cityscape, Perth is a goldmine for solar energy. Among the top 10 solar companies in Perth, you’ll find a wide range of options that can provide the best solar deals in Perth.
Although solar installation cost in Perth may seem like a hefty investment upfront, the long-term savings and environmental benefits make it worthwhile. Plus, with the government’s unwavering support and significant incentives, there’s never been a better time to switch to solar power. This sustainable and renewable source of energy is more than just a trend; it’s the future of energy in Perth, and indeed, the world.