Solar for your home

 

Get solar and save

It’s a great time to get solar. Electricity bills are rising while the price of solar is going down. Clean energy is now within reach. Plus,  unlike before, you no longer have to wait 30 years to recoup the costs of solar. These days you can see a return within 4-7 years, even without a battery to store your power.
Here is a breakdown of the potential costs and savings with solar for your home.

 

Residential solar pricing

6 panels

For smaller households with an electricity budget of $120 per bill cycle.

 

Average cost of system

$2,490-$3,200

Solar power produced per day (kW/h)

5.7

Average monthly savings

$47.88

Bill cycle without solar (90 days)

$143.64

Average yearly savings

$574.56

Average payback period

4-5 years

Payback over 20 years @ 80% not taking into account electricity price rise

$9,192.96

CO2 savings in tonnes per year

1.9035

8 panels

For smaller households with an electricity budget of $150 per bill cycle.

 

Average cost of system

$3,400-$4,100

Solar power produced per day (kW/h)

7.6

Average monthly savings

$63.84

Bill cycle without solar (90 days)

$191.52

Average yearly savings

$766.08

Average payback period

4-5 years

Payback over 20 years @ 80% not taking into account electricity price rise

$12,257.28

CO2 savings in tonnes per year

2.538

12 panels

For small working families with a pool and an electricity budget of $220 or more per cycle.

 

Average cost of system

$3,490-$5,600

Solar power produced per day (kW/h)

11.4

Average monthly savings

$95.76

Bill cycle without solar (90 days)

$287.28

Average yearly savings

$1,149.12

Average payback period

3-4 years

Payback over 20 years @ 80% not taking into account electricity price rise

$18,385.92

CO2 savings in tonnes per year

3.807

16 panels

Small working families with an electricity budget of $300 or more per cycle.

 

Average cost of system

$4,900-$6,900

Solar power produced per day (kW/h)

15.2

Average monthly savings

$127.78

Bill cycle without solar (90 days)

$383.04

Average yearly savings

$1,532.16

Average payback period

3-4 years

Payback over 20 years @ 80% not taking into account electricity price rise

$24,514.56

CO2 savings in tonnes per year

5.076

20 panels

Medium to large households with an electricity budget of $350 or more per bill cycle.

 

Average cost of system

$4,990 – $7,490

Solar power produced per day (kW/h)

19

Average monthly savings

$159.60

Bill cycle without solar (90 days)

$478.80

Average yearly savings

$1,915.20

Average payback period

2.5-4 years

Payback over 20 years @ 80% not taking into account electricity price rise

$30,643.20

CO2 savings in tonnes per year

6.345

24 panels

Medium to large families.

 

Average cost of system

$5,800 – $8,490

Solar power produced per day (kW/h)

22.8

Average monthly savings

$191.52

Bill cycle without solar (90 days)

$574.56

Average yearly savings

$2,298.24

Average payback period

2.5-4 years

Payback over 20 years @ 80% not taking into account electricity price rise

$36,771.84

CO2 savings in tonnes per year

7.614

21-28 panels

Large households with an electricity budget of $500 plus per cycle.

 

Average cost of system

$7,300 – $8,490

Solar power produced per day (kW/h)

26.6

Average monthly savings

$223.44

Bill cycle without solar (90 days)

$670.32

Average yearly savings

$2,681.28

Average payback period

2.5-4 years

Payback over 20 years @ 80% not taking into account electricity price rise

$42,900.48

CO2 savings in tonnes per year

8.883

21-28 panels

Large households with an electricity budget of $500 plus per cycle.

 

Average cost of system

$7,500 – $10,990

Solar power produced per day (kW/h)

30.4

Average monthly savings

$255.36

Bill cycle without solar (90 days)

$766.08

Average yearly savings

$3,064.32

Average payback period

3-4 years

Payback over 20 years @ 80% not taking into account electricity price rise

$49,029.12

CO2 savings in tonnes per year

10.152

28-36 panels

Large homes with an electricity budget of $700 or more per billing cycle.

 

Average cost of system

$9,850 – $12,490

Solar power produced per day (kW/h)

34.2

Average monthly savings

$287.28

Bill cycle without solar (90 days)

$861.84

Average yearly savings

$3,447.36

Average payback period

3-4 years

Payback over 20 years @ 80% not taking into account electricity price rise

$55,157.76

CO2 savings in tonnes per year

11.421

31-40 panels

Large households with an electricity budget of $800 or more per bill cycle.

 

Average cost of system

$9,990 – $13,990

Solar power produced per day (kW/h)

38

Average monthly savings

$319.20

Bill cycle without solar (90 days)

$957.60

Average yearly savings

$3,830.40

Average payback period

2.5-4 years

Payback over 20 years @ 80% not taking into account electricity price rise

$61,286.40

CO2 savings in tonnes per year

12.69

*Note:

The savings listed above are an estimate only, and will directly correlate with how efficiently you utilise the power your system generates. The more ‘free’ electricity you can use from your solar system rather than purchase from the grid, the more savings you’ll make.

More savings potential

Solar rebate

When you install a solar system you’ll get the solar rebate, which can potentially save you hundreds. The rebate is being phased out so this means it will go down for the next 14 years until it reaches 0. So the best time to go solar really is now.

 

Feed-in tariffs

When you install a solar system that’s still connected to the grid you can sell your excess power to grid. This is what the feed-in tariff (FIT) is for. We take care of all the paperwork involved, so you don’t have to worry.

With a solar battery you can save even more. We call this a hybrid system.

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