How much money can I expect to save on my power bill if I install a solar system?

Why Choose Us?

How much money can I expect to save on my power bill if I install a solar system?

Solar systems can definitely save you money; how much depends on a variety of factors.

Installing solar may seem like an expense you’re not sure you want to outlay; however what if we told you that within a few years you could have paid your solar install costs back AND be saving money on your power bills?

Solar Savings

Your household savings from solar depend on several factors, including:

  • Your energy consumption and the size of your solar system. If you produce more power than you use, your savings will increase. However, if you consume more power than you generate then your savings will be reduced. This is why ensuring the correct size system for your needs is important!
  • Your feed-in tariff is the amount your electricity provider pays you for the excess power your solar panels produce that you don’t use and therefore put back on the grid. The higher the rate, the bigger your savings.
  • Electricity usage patterns. If you use the majority of your electricity during the day when the sun is shining your savings will be increased compared to if you use more power at night This is because your panels only generate electricity during daylight hours. However; a battery inverter can provide a solution to this and allow you to use your electricity generated throughout the night as well as during the day.
  • Your location. If you live in an area that produces a lot of sunlight all year round then your solar system will generate more power compared to a cloudy location.

Brisbane Solar Power

With its subtropical climate boasting an average of 283 days of sunshine every year – Brisbane (and the rest of the Sunshine State) provides the perfect environment to have solar power saving you money on your power bill in no time!

Commercial Solar Brisbane

As well as the reduced energy costs from using solar power to increase the bottom line costs, commercial businesses may also be eligible to tax advantages from installing solar.

If your commercial electricity bills are between $2000 and $5000 a month there could be savings in excess of $7000 a year to be gained by installing a solar system. You can use the Business Queensland calculator to calculate your businesses electricity cost and savings.

Whether you’re looking for Brisbane commercial solar or residential solar power; at Goodhew we can provide you with a tailor-made solar solution to suit your needs.

We will thoroughly assess your energy usage needs and be able to estimate your system’s energy production and consumption; meaning you can estimate your savings!

Share on facebook
Share on twitter
Share on linkedin