Basically for any Aussie home rooftop solar PV system is on its own considered as a smart choice with some daytime power usage and unshaded roof.  

Well yes, this is true at a great extent in the absence of generous, state-backed solar FITs (feed-in traffic) and the slight reduction of the up-front incentive for solar available through the federal Renewable Energy Target.

In fact, even after the most generous government incentive programs were closed to new solicitations, most of the Australian homes were installing solar panels.

If you want to get the most out of 5kW solar system with battery then you have use the energy as much as possible directly from the solar PV system within the home.

Now here is the thing, self-consuming solar panel helps the home to dodge buying energy from the power grid, thereby saving you about $0.20-$0.30 per kilowatt-hour (kWh) depending on their electricity vendor and the area where they live.

On the other hand, the rate solar households are paid to send the excess power production in the grid, is about 8-15c/kWh.  

The installation costs of 5kW solar system have been steady for the past two years. There are no sudden reductions or enlargement which is likely to be on the horizon; the market has soothed after the early commotion of its first few years.

Now, it’s time to look at what has changed in the solar industry in the past few years.

If you are planning to invest in solar then you must know the following….

Going Solar: Then and now

If we talk about 5kW residential solar system, then a lot of things have changed in recent years.

The solar panels are worth for investment not only for home but also for the business; going solar has rapidly increased through 3 stages since the solar panel success began in Australia in around 2008.

Let’s discuss these three stages:

Stage 1: The higher 5KW solar system price, the higher its incentives. Thanks to government rebates and incentives on the federal and state level which has made lots of homeowner install solar power in spite of its high prices.

Stage 2: The reduction of solar system prices has resulted in high incentives. Dropped solar prices, and thus gets high incentives, building a landscape of ambiguity. “Is installing solar still a good idea?”

Stage 3: Comparative Steadiness. In the past couple of years the price of solar panel gets down which chaos in the solar temptation sphere cease.

Solar Power Is the Future

At this point, we can say that residential solar power in Australia is getting popularity.

Approx. 2 million Aussie homes already have installed a solar panel and you will be surprised to know that there is now more than one solar PV system installed per human being in the country.

Therefore all investment houses and industry analyst in Australia and all around the world are predicting that solar system and solar battery storage are the future.

If you are interested in going solar then we recommend shopping for the best solar panels. Solar Beam is offering the best solar energy services at a reasonable price.

For any query contact Solar Beam.