The Benefits of Solar Power in Tasmania

Solar power systems reduce your energy costs and generate free electricity from the sun. If your system produces more electricity than you consume, you’ll receive a feed-in tariff from your energy retailer.

This is a good way to offset the upfront cost of your solar installation. It can also help accelerate the payback time of your system.

1. Reduced Power Bills

A well-installed 6.6 kW system can provide an average Hobart home with enough electricity to cover a significant portion of their daily power requirements. This is especially true in summer when the sun rises earlier and sets later, allowing for greater energy production.

When a solar panel system produces more electricity than is needed, the excess can be exported into the grid to earn a feed-in tariff from your energy retailer. This can significantly reduce a household’s energy bills and accelerate its payback time.

A correctly sized solar system can save Hobart homes and businesses thousands of dollars in electricity costs over the lifetime of their installation. With grid electricity prices at 26 cents per kilowatt-hour, this is a considerable saving. Energy Matters’ trusted Tasmanian solar partners offer $0 upfront interest-free loans to make installing a home or business solar system more affordable. Request a free solar quote today and discover your potential savings.

2. Reduced Emissions

As well as saving on power bills, Hobart solar energy systems can reduce household emissions. This is because the electricity produced by a solar system is free of carbon dioxide emissions. Furthermore, if homeowners opt for a battery installation, they can also reduce their dependence on grid electricity and further lower their energy bills.

Based on a typical 6.6 kW system, a household with 30% self-consumption will save around $1,216 per year. In addition, a household will earn approximately 8c/kWh for the excess electricity it sends back to the grid. These rates vary by energy provider and tariff program regulations.

The Energy Saver Loan Scheme is an interest-free, long-term loan that can be used to finance a range of energy efficiency products including solar power and batteries. The scheme is open to households in Tasmania, with the first round of applications closing on 30 June 2023. However, Tasmanian Labor has criticised the program for unfairly locking out local solar businesses.

3. Increased Property Value

A quality solar power system can increase the value of your property. Studies have shown that homes with solar panels sell for up to 20% faster than non-solar-powered homes. However, it’s important to work with a reliable, local company that offers a full range of services for your home and provides top-quality products and installation.

The cost of a solar system has been steadily declining for several years, making it a more affordable option for Tasmanian households. Additionally, households can be paid for electricity they generate in excess of their consumption – known as a feed-in tariff. This can significantly accelerate payback times.

A 6.6kW system installed on an unshaded roof in Hobart with optimal conditions can produce around 8,400 kilowatt hours per year. This amount of energy will substantially reduce your power bills and help you achieve your energy independence goals.

4. Enhanced Peace of Mind

Whether you’re looking to cut your energy costs, reduce your carbon footprint or invest in the future of your property, solar power is a smart choice. In addition to saving money on electricity rates, homeowners who use solar power are eligible for a feed-in tariff that pays them for the excess electricity they send back into the grid. This can help to further reduce your energy costs and accelerate your payback time.

If you’re considering switching to solar power, make sure to work with a company that offers a wide range of solar energy systems and has a solid reputation in the industry. A trustworthy solar installer will also be able to provide comprehensive warranties on their products and installations.

Hobart is one of the best places in Australia to install solar panels, thanks to its abundant sunshine and cooler temperatures. Additionally, the yearly average number of sun hours means that even during winter, a well-positioned 6.6 kW system can produce enough electricity to cover all your needs.



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