 |  | You are here: NSW home > Residential > Solar Energy > The benefits of solar powerThe benefits of solar power |
|
Australia is one of the sunniest locations on earth which makes it an ideal place for the generation of solar power.
The advantages of installing a solar power system include
- Saving around $200 a year on the average household electricity bill for a well-located1kW system.
- Saving up to 1.5 tonnes of greenhouse gas a year for a 1kW system, more than what a typical car produces in 3 months.
- Householders with solar power can sell excess energy back into the grid under EnergyAustralia’s Solar
- Buy-back tariff, for customers who live in the EnergyAustralia network area.
- Generous Federal Government rebates of up to $8,000 for households and $12,000 for community organisations are now available for grid-connected systems.
- Providing support for the renewable energy industry.
But consider this…
- Solar power systems still have a high upfront cost ranging from $4000 - $6,000 for a 1kW system after rebates.
- They do not suit all homes or sites as they require unshaded, north-facing roof space.
- A household-sized solar power system is unlikely to reduce energy bills to zero. Typically, a 1kW solar system will reduce average household energy bills by 25% (excluding hot water).
- Other energy-saving measures such as installing solar water heating systems or reducing overall household electricity consumption can result in similar greenhouse gas and cost savings.
- Reducing electricity use by being more efficient is the lowest cost way to reduce your greenhouse gas emissions.
More information
|
|  |