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How Solar Energy Benefits Economically

A significant fact: A 6.6kW solar power system can help you save as much as $1,200 – $2,000 per year, and drastically reduce your electricity bills.

Australia is one the sunniest continents on the planet. Hence, investing in solar energy can escalate your energy savings for 25 years or even more! Additionally, if you buy clean energy council-approved components, you can be eligible for a rebate of up to 50% of the purchase costs. These rebates can help you save around $1,850, currently about half the value of an average 4kW solar PV system.

The consumption of electricity generated also depends on your usage. For example, if your solar system generates more power than your usage, you get paid for exporting that extra energy back to the electricity grid. You will receive a feed-in tariff from your electricity retailer for every kilowatt hour (kWh) of energy you export.

Financial incentives like these are already encouraging millions of Australians to switch to solar energy and it is one of the biggest financial benefits of solar energy . Almost one-third of Australian households have solar panels — the highest rate in the world right now! You can also be a part of this force, and start saving on your energy bills today. The team at Solar Air Energy consists of industry experts with years of experience to help you curate a perfect solar plan for your place. Get in touch with us for a free quote today!

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