Estimate possible yearly electricity bills with solar power and battery storage. See how solar could affect your electricity usage during different times of the year, find solar system payback times and see if installing batteries is the right option for you in Sydney.
Solar power is a popular renewable energy source that can help reduce your reliance on traditional power sources and lower your electricity bills. However, investing in a solar power system can come with a high upfront cost. The solar power system payback time is the amount of time it takes for the energy savings generated by the system to cover the initial investment.
If you are considering purchasing a solar power system in Australia, you can benefit from the federal government scheme designed to subsidise the upfront cost of solar power systems. In 2023, the subsidy is worth approximately $396 per kW installed or $2,590 off the total cost of a typical 6.6 kW system. It is essential to note that any advertised prices for solar power systems include the solar rebate.