Advantages of
solar power

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    Financial

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    Environmental

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    Other benefits

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Financial
benefits

Deciding to go solar can deliver several financial benefits. It’s important to understand that these vary on a case-by-case basis and any calculations are subject to many variables. You can use our solar power savings calculator to estimate your financial benefits. You can also view our calculator disclaimer here.

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    Once your system is operational, solar energy is free to produce

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    Your system will deliver annual savings to your electricity bill

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    Payback periods typically fall within 10 years (average)

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    You will be entitled to solar incentives when you purchase a solar system

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    Long-term savings associated with solar panels can be substantial and run into the tens of thousands of dollars.

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    You can take out a loan and pay nothing upfront. See what your repayments would be using our solar loan calculator.

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    You insure yourself against the risk of rising electricity prices

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    Installing a solar power system on your rooftop is likely to increase the value of your home, all other things being equal.

Environmental benefits

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    Solar energy is an infinite, renewable energy source. We will only lose the ability to produce solar power when the sun stops rising.

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    The installation of a 4kW solar system will reduce greenhouse gas emissions by over 150 tonnes in its lifetime (Victoria, Australia)

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    There are no pollutants associated with the generation of solar power

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    Every household that decides to convert to solar power reduces the demand for fossil fuel driven energy sources, eg. oil, coal and gas.

Other benefits

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    Solar power systems require little to no maintenance once they are installed

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    Solar power is a particularly safe way to produce energy. You don’t have the associated risks that: nuclear, oil, gas and coal power plants bring.

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    Solar power is an improving technology, in particular solar storage. Technology and demand is driving down the cost of installing solar panels and batteries.

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    Converting to solar power is easy! Our site is dedicated to helping you go solar.

Considerations when
planning to go solar

It’s important to understand that there are also perceived disadvantages associated with solar power. We cover them below:

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    Do your research. Solar power isn’t always right for everyone.

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    Solar power cannot be generated at night. This is often seen as a disadvantage. It means that you will either need to use stored solar power or purchase electricity from the grid at night.

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    Depending on the size and type of solar system you go for, there is often a large upfront cost associated with setting up a solar power system. Although, as discussed above they generally pay for themselves within 10 years.

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    Solar panels produce less energy during winter months where there is less daylight and sunlight.

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    Current feed in tariff rates create little incentive to sell excess solar power to your electricity retailer.

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    If you remain connected to the grid, you will still have to pay a supply charge to your retailer. In many cases, this charge is higher for owners of solar power systems. Go figure!

It’s generally a
good idea

Generally, the benefits associated with solar power far outweigh the negatives. However, it really can vary depending on your circumstances. For some, the fact that solar power is a far better environmental solution to global energy needs is reason enough.

A tool to help
you decide

There are many variables to consider in determining whether or not solar is right for you. Our solar power calculator factors in all of these variables for you and will assist you with your decision on whether or not to go solar.