Many residents consider installing solar panels in Perth, as this can be both economical and good for the environment.
Thanks to the sunny weather, Perth is one of the best places in the world to produce solar energy. At the same time, solar prices are significantly lower than they used to be, making solar technology more affordable.
In this guide, you will find useful information about solar pricing in Perth and Western Australia.
Solar rebates in Perth
All Australian residents can benefit from the government solar rebate, which is based on Small-scale Technology Certificates (STCs). As a solar installation is done, it will generate a specific amount of STCs, and the value of these are subtracted from the installation costs.
So, the more STCs your solar installation will give you, the larger the rebate will be. Generally, there are two aspects that affect the size of the rebate: Your location and the system size.
In Perth, you can expect to receive 82 STCs when installing a 6.6kW solar panel system. If each STC has a value of $36.90, this will give you a total rebate of $3,025. However, the market value of STCs may adjust due to market forces.
How much do solar panels cost in Perth?
The average cost of a 6.6kW solar installation in Perth is around $4,900, after deducting the mentioned STC rebate.
If we look at the solar price in Perth over time, the price has reduced by more than 50% over the last ten years. This makes it more affordable to go solar for most Perth residents.
What is the expected solar power output in Perth?
When installing a solar panel system, the amount of sunshine will affect the power output. Luckily, Perth is one of the sunniest cities in Australia, receiving around 5.8 hours of daily peak sunlight.
If you install a 7kW solar system in Perth, the average daily power output will usually be around 28 to 30.5 kWh.
The financial return for solar panel systems in Perth
For Perth residents that go solar, the financial return is usually very good! If you install a solar system of 6.6kW that costs $4,540, the payback period is usually no more than 3.5 years.
In this example, we are assuming a self-consumption rate of 40%, a daily electricity consumption of 20 kWh, an energy price of 29.33 c/kWh and a feed-in tariff of 5c per kWh.
Based on these numbers, you could save more than $1,200 every year thanks to reduced electricity costs and feed-in tariffs. To conclude – solar technology is very beneficial for most Perth residents!
What is the price of a solar battery?
When installing solar panels in Perth, you can choose between different system types. Most Australians have a grid-tie connected solar system, which means that excess energy is being transferred into the grid. If the system is not producing enough power, you can import energy from the grid.
It is also possible to have a standalone solar system with no grid connection. If so, you will need a solar battery. This is also the case if you install a hybrid solar system with both grid connection and battery.
Having a battery can be very beneficial, as you might store surplus energy produced during the day. This energy is then possible to use during the night or in poor sunlight conditions when the system is not producing enough power.
The only downside to battery solar systems is the price. In Perth, there are no battery rebates available. With an expected payback period of nearly 16 years and a battery lifetime of 10 years on average, a battery is still not considered a good investment.
Is solar panel technology a good investment in Perth?
Yes! Solar panel technology is a great investment for any household or business looking to install solar panels in Perth. Thanks to the sunny climate and low solar prices, you can expect a payback period of just 3.5 years if you install a 6.6kWh system.
Actually, Perth is not only one of the best places to go solar in Australia, but also in the world.
How to go solar?
If you would like to install a solar panel system, you should contact a solar panel installer. The installer will help you find the best solar system for your needs, based on your energy consumption and other factors.
The price quote you will receive is including the STC rebate, which means that the rebate is usually included in the price.
Remember to find a CEC-accredited solar installer, as this is required to make the installation eligible for the STC rebate. By choosing an accredited installer, you can also feel safe that the installation is done properly.
Find a solar installer today and enjoy the benefits of solar technology!