Solar Power Hobart – Why You Should Install Solar Power in Your Hobart Home

Hobart residents are reaping the benefits of solar power. By reducing their dependence on the grid, they’re enjoying significant electricity savings and a lower carbon footprint.

Solar energy is effective throughout the year. Even in cold climates, photovoltaic cells operate at high efficiency. This means they’re still a smart investment.

Reduced Energy Bills

One of the most compelling reasons for installing solar energy systems in Hobart and across Tasmania is to save money on electricity bills. Depending on your household usage patterns, solar power systems can reduce energy bills by up to 100% and save you thousands of dollars in the long run.

The current purchase price of grid electricity in Tasmania is around 26 cents per kilowatt-hour. Tasmanian households maximise their solar savings by self-consuming the energy they produce through a solar system. Sending excess energy back into the grid for bill credits is a secondary benefit.

The best way to determine your expected savings from a solar system is to review your recent energy bills. You can also get a site-specific estimate from your local Clean Energy Council approved retailer. This will include information on how much power your home consumes during the day and whether it has a north-facing roof. This will enable your installer to design a system that optimises energy generation and minimises your payback period.

Increased Property Value

In addition to the significant electricity bill savings, solar energy systems can also significantly increase property values. This is particularly true for homes that are leased to tenants, as research shows that tenants are willing to pay more for properties with solar panels installed.

Solar panel efficiency doesn’t diminish in cooler climates, and Tasmania’s rigorous standards of solar installation, paired with strong government incentives, make solar a practical investment choice for homeowners in the region. Moreover, the upfront cost of a residential solar power system can be offset by solar feed-in tariffs, which give you credit on your electricity bill for any excess energy that you send into the grid.

The exact amount of STCs you receive will depend on your energy consumption, the size of your solar power system and which of the four STC zones (1 to 4) you live in. To ensure you maximise your STC rebate, you should get your solar system regularly inspected and maintained by a qualified professional.

Reduced Carbon Footprint

Solar energy is a clean and renewable form of electricity. By generating your own energy from sunlight, you can significantly reduce your reliance on grid electricity, decreasing carbon emissions and promoting a more sustainable lifestyle.

Solar panels convert sunlight into usable electricity using photovoltaic cells crafted from semiconductor materials like silicon. This process produces electric currents that can be used to power household appliances and heating systems. Moreover, energy produced by these systems can be sent back to the grid, reducing your energy costs through a solar feed-in tariff.

While directly utilising the generated power remains the most cost-effective use of solar power, incorporating battery storage into your system offers additional benefits. For example, it enables you to store excess energy for usage during peak demand periods and at night, further lowering your reliance on the grid and reducing carbon emissions.

Greater Energy Independence

Hobart’s crisp sunshine is a valuable resource that you can use to reduce your power bills. However, it’s important to consider your property’s topography and whether it will block or reduce solar energy production. If your property is near tall buildings or trees that cast shadows at certain times of the day and year, you might want to consider using tracking panels that follow the sun across the sky to maximise output.

If you choose to install a battery storage system in conjunction with your solar panel system, you can further reduce your reliance on grid power. This is because batteries have an ‘offset value’, which is much higher than the ‘export’ rate paid by electricity providers.

By installing a high-quality 6.6kW system in your home, you could save an average of $1,216 per year on your energy costs. The financial justification for solar is even stronger if you take into account your eligibility for the Government’s STC rebate, which is passed through by the installer you engage for your installation.



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