With electricity prices on the rise and the cost of solar PV systems at an all-time low, not only has there never been a better time to invest in solar, there’s no better place for it than Bunbury!
Thanks to its position in sunny Western Australia, Bunbury has an annual average of around four hours of peak sunshine per day. For a household or business with a 1.5kW solar PV system, this equates to 6kWh of solar power every day. For homes or businesses with larger systems, the returns are even greater, with 3kW systems producing around 12kWh per day, and 5kW systems producing around 20kWh per day! Added up over the course of a year, and you’re looking at a substantial dent in your electricity bill.
Infinite Energy is proud to have local energy consultants working in the heart of Bunbury. Offering a home-grown perspective of your specific energy needs, our sales consultant will be more than happy to conduct site visits and in home consultations for both commercial and residential solar customers.
What size solar PV system is best for you depends on your household size and energy needs. Averaged out over the course of a year, a typical three person Australian household uses 20kWh of energy each day. If they installed a 5kW solar PV system, they’d generate around 20kWh each day – just about enough to cover their daily energy needs/ electricity bills.
Any company can sell a residential solar power package, but the fact is no Bunbury home or family is the same — and neither is your electricity usage. Before we even start to talk to you about our products, we begin by auditing your household’s personal needs by analysing:
This way, we can recommend a system size that suits your needs, budget and usage, ensuring the maximum return on your investment.
The great thing about solar is that your energy provider will buy back whatever energy you don’t use. This means you will reduce your electricity bills, plus, depending on the size of the system you purchase and the amount of electricity you’re able to export, you may receive a credit on your bill. Solar systems installed after 2011 will either be subject to the Renewable Energy Buyback Scheme or the Distributed Energy Buyback Scheme.
Under the Renewable Energy Buyback Scheme (REBS), for applications received up until 7 September, the feed-in Tariff for Western Australian residents living in the South West Interconnected System (SWIS) is 7.1 cents per kilowatt-hour for electricity exported back to the grid.
Under the Distributed Energy Buyback Scheme (DEBS), for applications received after 7 September, the feed-in Tariff for all Western Australian residents is 10c per kWh for electricity exported back to the grid between 3pm and 9pm and 3c per kWh for electricity exported to the electricity network before 3pm.
Until 6 November, DEBS customers will receive the current REBS rates for their exports – including any exports from batteries, giving DEBS households time to adjust to the new pricing and switch their electricity consumption to the middle of the day where they can, to make the most of their solar generation.
Under both of these schemes, the best option is to consume as much power as your system generates as possible. A feed-in tariff is a great extra, but it should be seen as only that, an extra. It is not necessary to ensure that going solar is financially viable. If you time the bulk of your consumption with your system’s production, you’ll significantly reduce the amount of electricity you purchase from the grid, slashing your electricity bills in the process.
When you install a solar system, you generate rebates named Small Technology Certificates. You’ll receive 1 STC for every Megawatt of energy your system is expected to produce over the next 15 years.
For example, a 3kW system (approx. 12 panels) will produce around 62MWh worth of electricity over a 15-year period, so you are entitled to 62 STC’s which currently trade for around $39 each. This means you’ll receive around $2,400 in assistance when you purchase a 3kW system.
Most people buying small scale PV systems assign their right to these certificates to their solar installer, in exchange for an upfront discount off the system price.
As the popularity of solar continues to grow, the price of solar PV systems continues to drop. And with electricity prices steadily on the rise and federal government solar incentives under threat, it’s no wonder more and more Australians are making the switch.
If you think it’s time your household or business went solar, contact our energy consultants today. We can arrange a free site assessment of your solar needs and recommend the system that’s right for you. Give us a call on 1300 074 669, send us an email at email@example.com or request a call back today.