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IT’S TIME FOR AN UPGRADE!

Updated: Jan 28

How Do You Know When It’s Time to Upgrade Your Solar System?


More than one in four Aussie homes are now powered, at least partially, by a solar system. 9% of Australia’s total energy is now produced using from solar, and the industry is not slowing down. If you were one of the savvy Aussie’s that got a solar system installed prior to 2016 then it’s likely time for an upgrade.


Solar Upgrade

Here’s why:


There have been drastic changes in technology – From panels, to inverters, batteries and micro-inverters, all solar technology has improved in efficiency over the last 7 years. On top of the increased efficiency of new solar products, the introduction of mono-crystalline panels has also meant that the panels no longer need to be North facing to produce enough electricity to power your home. If you have spare roof space facing East or West you are missing out on $100’s, potentially even $1000’s of yearly savings. Just Think of all those holidays you could go on now the borders are open.


You are no longer future proofed – If your solar system was installed more than 7 years ago it is almost certainly too small for your current power needs. Electricity prices increase every year, feed-in tariffs have decreased by 80% in almost every state in Australia and solar technology used to be incredibly expensive. We talk to homeowners every day that only have 10 or 12 solar panels on their roof and often their bills are back to where they were when their system was initially installed. The average Aussie household gets an energy bill of around $200 per month, meaning at least a 6.6kW solar system is needed to offset the cost. In some states, due to decreased feed-in tariffs and high electricity rates, you would require more panels and a battery just to get the energy bill close to $0. In short, the average home needs at least 18 (6.6kW) new panels to make a good dent in their energy bills.


Your large feed-in tariff is likely to have run out – Unfortunately, the days of the 50c feed-in tariff are long gone. More and more homeowners are getting a shock when they look at their energy bill and see their feed-in tariff has dropped 70-80% from one bill to the next. With more than 25% of Aussie homes now using solar power energy retailers are having to cut back on the amount they give you for your unused energy. If you were exporting 300 units of energy per bill with a 50c feed-in, then you were receiving $150 to offset your night use and supply charge. If that feed-in drops to 5c (which happens more often than you would Think), you now get $15 instead. Regardless of your billing cycle this means you’re missing $100’s in yearly savings. At Think we provide a free in-home energy assessment to show you how a new system could export 1000s of units per bill. We can even point you in the right direction in terms of energy usage and negotiating a different plan with your energy retailer.


You are entitled to another government incentive – Most homeowners are shocked to understand that even though they received a government incentive (commonly known as the “STC rebate”) in the past, they are entitled to another one. The government is still forking out up to $3000 on the installation of a new 6.6kW solar system, some homeowners receive much more. The amount of the incentive is based upon how large the system is, so some homes could receive an $8000 incentive. In our in-home energy assessments homeowners are consistently shocked at how quickly they will get a return on their investment, even when upgrading from an older, smaller system to a shiny new one.

If you want to know how we can help click the link to our website…


www.thinkrenewable.com.au.



Residential & Commercial Solar Installation Think Renewable Energy



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