Solar panels are sources of renewable energy. They convert renewable energy into electricity, all on your rooftop!
Solar panels will not only reduce your energy bills to zero – but because you will never use all the energy you generate, you will actually get paid for the extra power you send into the power grid!
This green energy source is clean and sustainable, and quickly becoming an acceptable way to rescue Australians from their bills while at same time reducing a family’s carbon footprint.
So how does it work? In simple terms, these systems are built to generate more energy than they use, which means you can even start making money. Currently the minimum payment is 44c per KWh of surplus energy your grid creates.
Of course solar panels are an investment, and not exactly a cheap one. However the Government’s Solar Bonus Scheme is giving back as much as $7,000 of your costs.
Another consideration is that you are buying an asset for your home. While it is a depreciating asset, it will increase the value of your property and make your home attractive in this buyer’s market.
If you are weighing up installing solar panels in your home, here are our twelve top tips for buying your solar
- Don’t get too carried away by advertising
- Use a reputable manufacturer who provides a substantial manufacturer’s warranty (good ones are at least 25 years).
- A Clean Energy Council accredited installer will provide consumer information.
- Make sure you are using a licensed builder.
- Only purchase solar panels that have been manufactured from quality suppliers. How will you know this? Solar panels themselves require certification in Australia.
- Like everything in life, you pay for. Quality equipment and installation isn’t cheap. Compare what is included and the warranty, and always check out the company providing the installation.
- To ensure your purchase will attract the Government rebate, make sure the solar panels have the correct certification. Going with an accredited and reputable installer is the best way to ensure this.
- Just like with every major purchase get a couple of quotes. There will be discrepancies.
- Look for genuine retailers who are committed to solar energy and wanting to sell you a system that best suits your needs. These people may even talk about ways to decrease your energy costs.
- Avoid pressured decisions from high pressured sales assistance selling deals that are ending soon and ‘run out stock’. You would never buy a car on the spot, so don’t buy solar. Also avoid door to door salesman. Seek out your own suppliers for quotes.
- Ask about any hidden costs. Check your quotes and contracts so that all possible costs and extras included.
- Check out your states solar incentive scheme for information on what government incentives and rebates are available to you.
Remember, solar panels are an investment.You should expect your solar system to last long for a long time, long enough to pay for itself and make you a profit.