Why Solar Panels Are a Good Investment For the University of Hobart

With a range of solar installers in Tasmania, now is the perfect time to invest in a system. The STC amount will drop by around 10% at the start of 2022, so you should act fast.

When in doubt, opt for a north-facing installation. They will produce two-thirds more energy annually than south-facing systems.

Cost

With solar power systems becoming more affordable than ever and various solar incentives in place, Hobart homeowners can now enjoy cost-effective electricity generation. Solar panels are a good investment for households that consume a significant amount of energy, as they can significantly reduce energy bills. However, it’s important to consider the size of your household and its electricity consumption patterns before selecting a system.

Australian researchers regularly break world records for solar efficiency and the technology is used in a majority of the world’s panels. ARENA’s latest round of funding supports activities that aim to improve solar cell efficiency and reduce the price of solar panels.

The university has installed several ground-mounted solar arrays on campus, including one called the Bizers located near Bizer Creek on North Campus and the UB Solar Strand Walkway behind the Creekside Village student apartments. These on-site installations produce enough clean energy to offset UB’s energy usage and contribute toward UB’s goal of climate neutrality.

Energy Savings

The adoption of solar energy helps in decreasing the reliance on fossil fuels, which contribute to global warming and environmental degradation. In addition, it allows households and businesses in Hobart to take control of their energy needs and reduce energy bills.

Depending on where you live, the best way to maximise solar output is by positioning your system correctly. For example, south Hobart and Launceston installations should face north to ensure optimal sunlight generation.

Also, you can reduce the amount of electricity used by implementing simple efficiency measures like switching off computers, printers and appliances when not in use. Just switching off one computer monitor for a year can save enough energy to power 24 Tasmanian homes.

The unique climatic conditions in Hobart, coupled with financial incentives and robust regulatory support, make solar a financially viable choice. Combined with battery storage, you can generate and store renewable energy to help manage peak demand charges and time-of-use cost-shifting.

Environmental Benefits

Solar energy produces clean electricity without any harmful emissions, reducing our dependence on fossil fuels and improving air quality. It also helps to save money on power bills and provides a great public image for the university.

In addition to implementing renewable energy, the university has also implemented sustainable practices across its campuses. Staff and students are encouraged to make simple changes that can have a big impact, such as switching off computers, printers and appliances when they are not in use. Every kilowatt saved counts; over a year, turning off just one computer monitor can save enough energy to power 24 homes in Tasmania.

Solar panels should be positioned to capture the sun’s rays as early as possible, to maximize electricity production. Excess solar energy that is not consumed can earn the system owner credits on their power bill for up to 26c/kWh, depending on their retailer and tariff rate. It is important to remember that solar panel production increases with sunlight, not temperature.

Longevity

The longevity of solar panels is an important factor for anyone considering making the switch to green energy. Thankfully, solar panels (also called photovoltaic modules) don’t break easily and can typically be relied upon to work for decades. This is particularly true if you select a reputable installer and don’t make mistakes like mis-configuring your system’s power-inverter or forgetting to turn it off.

However, some cheaply made solar panels may suffer from the use of inferior materials in order to save money which can shorten their lifespan. For this reason, it’s advisable to stick with Tier One solar panel manufacturers who are renowned for their quality and reliability. They also offer long product warranties – typically 25 years. For the ultimate peace of mind, look for a provider who offers a performance warranty on top of their product guarantee. These are typically offered by premium brands that have established an Australian presence. They will be more trustworthy than smaller operators who are only likely to offer a 10-year product warranty at best.

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