5 Steps for going Solar!
Personal energy needs differ from home to home, and getting the right system to fit your and your family’s needs is vital. Solar is not a one-size-fits-all solution, so the more you can tailor your system to meet your energy demand, the more you will save in the long run. To work out the size of solar power system that you need, talk to a solar professional.
2. How will installing solar affect my energy rates?
Your energy retailer can tell you how installing solar panels will affect your current rates, and can explain what your new bills will look like. As you will be generating a percentage of your own electricity, you’ll be purchasing less energy from your retailer; in some cases, this may change the amount you pay for energy.
There are a growing number of ways to finance a solar power system and it’s important to work out which option works best for you.
- Outright purchase: If you purchase a solar power system outright, you own the system and the energy from the very start. Over time, the system pays for itself with savings on your energy bills.
- Solar loan:This involves buying a system for little or no upfront cost and then using the electricity savings to help offset loan payments. The loan can be either fixed or variable, with terms from one to 10 years.
- Solar lease:This works by having a solar company install panels on your roof for no, or very little, upfront cost. You then agree to buy the electricity generated by those panels from the solar company for a set period of time, while the solar company owns and maintains the system for you. Ask the solar company to provide a written proposal of how much energy they guarantee to supply each year and the cost of the energy per kilowatt hour. 4. How can I ensure a high-quality solar installation?
Your solar panel retailer will organise installation and connection to the grid. Make sure the system is installed by a Clean Energy Council–accredited installer.
To make sure your solar panels work at their peak, it’s important that you and your installer take a few things into consideration:
- Reliability: You should know the brand, efficiency and performance rating of the solar panels that will be on your home for the next 25 years.
- Panel location: Solar panels should be installed on an unshaded rooftop facing north.
- Tilt: The solar panels will need to be installed at a specific angle, or tilt, to maximise the amount of sunlight the solar panels receive. 5. How do I make sure my investment will last?
Because solar power is a long-term investment, it’s important to understand what is and isn’t covered by a solar panel manufacturer’s warranty. Here are a few more questions to ask:
- How long is the product warranty? This covers the physical solar panels, and normally ranges from 10 to 25 years.
- How long is the power warranty? This covers the amount of power actually produced by the solar panel over a period of time, which is 25 years for most manufacturers.
- How much solar power is guaranteed for the first 25 years?
- If I need to make a warranty claim, will my faulty panel be shipped and replaced for free?
Now you have your answers and you’ve installed your solar system, all that’s left to do is sit back and enjoy the savings on your energy bills! For more information contact our Nambour real estate agents to assist you finding local suppliers.