In Queensland you can expect to get a minimum of 14c-17c per kWh for the exported power after new government changes to the feed in terrif while you buy additional power at between 12c (off peak) and 25c (peak – when you need it).
Solar systems are much cheaper to buy now than they were in the high feed in tariff days, so solar is an excellent investment. For example, the payback period of a 5kW system in Queensland is estimated at 2.9 years based on average household use and rebates for the system.
The amount of money saved ($1591.40/year) generated over 2.9 years equates to a 30% return on your money!
With quality panels often carrying 25 year warranties and inverters carrying 10 year warranties you can quickly see how solar panels are a great investment.
There is also the new and exciting opportunity to store your excess power production in batteries for your own use later in the day when the sun is not shining, instead of exporting it to the grid.
We find that the best way to help you decide which options are best for is a quick discussion and possibly an obligation free quote – call us today 5438 2382 or fill out our contact form.