When you decide to switch to solar, the first thing that comes to mind is, should I opt for cheapest option or spend some extra and get an expensive system for a better investment?
More than likely that many customers worry about the initial price for solar panels and not about the long-term benefits of installing a system. But it’s better to think about why you want to make the switch and compare a few systems before you make the final decision.
The cost of solar system in Australia can differ from state to state. Other factors like size of the system, number of panels and extras like delivery can also add to the overall cost.
In order to decide which system is best for you, you need to think about:
• How much you are willing to spend.
• Availability of roof space.
• How much power you want to generate and what you will use.
• The quality of the solar power system.
• Level of service, delivery, installation and after service.
Before browsing the market for what you may think to be the best deal, you should first know the following:
1. How much energy you consume on a regular basis.
2. Amount of energy your panels will produce.
3. How much energy generated by the grid will be utilised by your property and how much you will sell back.
4. How much you will get back in return.
Standard prices in Australia
With so many things to take into account, it can be hard to make a decision and sometimes you might even think if the switch is worth the trouble.
The truth is, there has never been a better time to make the switch to solar. Over the past couple of years, there has been a price drop in solar panels of about 50%. Then there’s the introduction of many Energy Schemes, where the government gives back a certain percent of the initial cost- this helps encourage more people to make use of our country’s abundant sunshine and switch to a cleaner and more renewable source of energy.
Buying solar panels is similar to buying a car. You usually get what you pay for. Opting for the cheapest system might not be the best idea however that doesn’t mean you immediately go for the most expensive option. It’s best to look at all the factors before choosing the system that fits in with your needs and will save you money in the future.
The main factors that contribute to the overall price of the Solar systems:
• Solar Panels – The type of panel you choose can make a difference to total cost of the system. The two popular types are thin-film and crystalline. Crystalline panels usually cost more as they are a lot more efficient even during cold climates and have a comparatively longer lifespan. Thin-film panels work equally well during hot or cold climates but are not as strong. They are however much cheaper to purchase.
• Solar Controllers-This can be your own choice and preference. Things to consider when purchasing them are price, warranty and the brand of the controller.
• Solar Batteries-Batteries play an important role in powering a solar system. Like solar panels, batteries too come in various makes and models, each with their own plusses and minuses. There are two kinds of solar batteries; sealed and unsealed. Sealed batteries are comparatively more expensive but safer whilst unsealed batteries are cheaper but can be hazardous as they can leak toxic materials, metal salts or release gas which is flammable and toxic both.
• Inverters-Inverters are often neglected but are an extremely essential component in solar panels. This is what connects your home to your solar panel system. It is important that you think about the energy capacity of your inverter. In general, if your solar system generates 5kilowatts of energy then you inverter should have the same capacity.
Find the Best price for solar panels
Find the best price for solar panels