Solar Panels – Why Choose Solar Panels in Tasmania?

Tasmania’s sunny climate makes solar power an effective energy option for homes. However, its effectiveness does vary with the seasons. Summer produces the most energy, with each kilowatt of installed solar power generating around 7.28 kilowatt hours per day.

Rooftop solar panels in Hobart should generally face north for optimal energy generation. The feed-in tariff in the state currently ranges from 8c to 10c for excess electricity exported to the grid.

Cost

Solar panels in Tasmania cost more than in other states, but government schemes and incentives make the upfront investment much more manageable. For example, the Tasmanian Energy Efficiency Loan Scheme offers interest-free loans for eligible solar systems.

Solar power in Tasmania is a great option for many households because the sun shines almost constantly. In winter, however, the sun is not as obliging and may be hidden by cloud cover. This means that solar energy production is reduced by around a third.

If you want to save money on your electricity bill, it is a good idea to install a large solar system in Hobart. These systems will produce enough electricity for you to meet your household’s consumption needs. In addition, you can reduce your grid electricity usage by installing a battery. But keep in mind that there are some limitations to using home batteries. It is important to understand them before making a decision.

Feed-in Tariffs

One of the main benefits of solar is that it will generate more energy than your home consumes. That excess energy is sent back into the grid and your electricity retailer will pay you for this power. The amount you receive will depend on the size of your system and the policy of your energy provider. In Tasmania households that have a grid-connected solar panel system are usually put on time-of-use tariff 93 by default.

Feed-in tariffs vary from state to state and can also change from year to year. It’s important to look for a feed-in tariff that is competitive with local electricity purchase rates. Some retailers advertise high feed-in tariffs to attract customers, but they may be disguising higher electricity purchase rates.

Solar energy production in Tasmania is best in the summer, with each kilowatt of solar panels producing around 7.28 kWh a day. This can be a significant boost to your household’s energy savings.

Incentives

As the price of solar technology continues to decline, it’s becoming more affordable for average households to consider investing in a home energy system. The federal government offers a generous incentive through the Renewable Energy Target scheme, which reduces upfront costs by up to 30%. This is passed through by the solar companies selling you your system and incorporated into their final sticker price.

In addition to reducing your power bills, you can also earn a feed-in tariff for the electricity your solar panels generate and send back to the grid. This can help you save more money on your electricity costs, but the amount varies by location and provider. You can check your local rates using WATTever, a free online tool that compares solar feed-in tariffs across Australia.

Solar panel installation is a great way to reduce your reliance on fossil fuels, which contribute to climate change and environmental degradation. It can also provide peace of mind, and increase the value of your home.

Self-consumption

In addition to reducing electricity costs and adding value to your home, solar power systems offer a range of environmental benefits. Unlike fossil fuels, solar energy systems do not emit carbon dioxide or other greenhouse gases. They also operate silently and do not pollute water, making them a vital component in promoting environmental conservation and combating climate change.

Solar panel prices have been on a downward trend for several years, making them an affordable option for homeowners in Hobart and Launceston. Moreover, solar systems are capable of producing more than the amount of power you need, with a kilowatt of unshaded north-facing panels in Hobart conservatively generating at least 1,240 kilowatt hours per year.

You can maximise your energy savings by using the system to power up appliances during solar production hours. In addition, you can utilise a feed-in tariff to earn bill credits for any excess energy that goes back into the grid. With the price of grid electricity at around 26 cents per kWh, it is worth maximising your savings through self-consumption.



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