Tuesday, 21 August 2018
Posted by Monika Gudova
Aussie’s are warming up to the idea of solar power, with more than 3.5 million panels fixed to our rooftops last year^. If you’re yet to take the plunge, Amaysim have busted some popular myths surrounding solar power to give you the final push you need to switch to solar.
Myth #1: Solar panels are expensive
Where installing a solar panel system once cost as much as a buying a new car, switching to solar has become much kinder on the budget. To get fully set up requires an investment of around $3,700* for the smallest size, and if you qualify for the government’s solar rebate, it could end up costing even less.
Whilst the upfront cost can seem scary, the good news is that a well-maintained solar system excluding battery could see you saving on your energy bill and breaking even in as little as four to seven years.
Myth #2: Solar power won't cut down my energy bill because it doesn't work at night or on cloudy days.
Whilst solar panels don’t generate as much energy on cloudy days, or at all at night, the amount of solar power generated in daylight hours alone is enough to drive down your energy bill.
During the day, you’re using your own energy, and during the night, your green energy provider picks up the slack. The energy you don’t use in the day is fed back into the grid, and you’re paid a feed-in tariff for it, shaving dollars off your energy bill. If you’re still confused, head to our solar energy guide to find out more.
Myth #3: Solar panels are hard to maintain
Don’t I have to regularly get my solar panels serviced and cleaned, and won’t that cost money? Not at all!
According to Amaysim, the only maintenance solar panels require is a hose-down once a year and an inspection every five years or so, which is much less than you need to service your car. The panels themselves are built to last 25 years, so you won’t have to worry about replacing them until your kids are ready to move out of home.
Myth #4: Solar panels will damage my roof
If you’re worried about solar panels causing costly damage to your roof, the good news is that they’ll actually be helping to preserve it! By shielding your roof from the elements, you could be saving on repairs down the line.
1. Install a set-up that meets your needs. Understanding how much energy your home uses is the first step to choosing what size and type of solar power system is right for you. Installing a battery storage system could also be a good idea if you’re looking to go off-grid.
2. Get a low rate green loan to pay for it. If you’re looking to save on your energy bill by installing solar panels in your home, you’ll need some cash to get started. You can choose from a number of green personal loans on the market to help you finance your solar panel installation if need be.
3. Get an energy plan with a good feed-in tariff. Once you’ve set up solar panels, you’ll want to make sure your provider is giving you a great return on the energy you’re providing. Compare feed-in tariffs on our energy comparison hub to help you get the most bang for your buck.
To see how much you could save once your solar system is all set up, head over to our energy cost cruncher, and make sure you select ‘yes’ next to the solar panel option. Or if you want to compare local deals on your energy, head over to our energy comparison tables.
^Australian Government Clean Energy Regulator