It is a commonly known fact as with any other purchase that a better quality product is essential to ensure longer efficiency and fewer hassles and future issues. It is also true that a better quality product is bound to require a higher initial investment. There are a few factors which determine the cost at which solar panels are sold in the market. The cost of solar panels can vary depending on the size and layout of your home, as well as its location. The cost of solar panels is also determined by the manufacturing cost itself. Over the years, the manufacturing cost has significantly come down as advancements have been made in the solar industry thus making the installation of a solar power system more affordable. The average cost to install a system of solar panels is anywhere from $2800 to $5000 for an average 6.6kw system.
Installing a solar power system in Australia is considered a great investment because beyond the initial up-front investment, solar panel maintenance is fairly minimal. The upkeep of solar panels is fairly easy as they only require an easy cleaning so that leaves, debris, and other obstructing materials don't accumulate on them. This is to ensure that the solar panels do not get any obstructions which prevents all the sunlight from hitting them and rendering them less efficient. Solar panels generally come with a warranty of 15 to 25 years, thus giving you some type of assurance that you won't have to keep putting in more money into your transition to solar power beyond the initial investment.
Solar power is bound to give you stellar financial gains in Australia not only in terms of the savings you can potentially make by installing this system size but there are more incentives set up by the government that will help you to get a faster return on the investment you make to install a solar power system. The government has set up schemes for tax credits that you may be eligible for that can help offset the cost of installing the solar panels on your roof. There are also initiatives like the “Green Loan” set in place in Australia for a solar panel setup in case you are unable to bear the initial cost of installation along with various other financing options.
In conclusion, solar panels can be a solid investment in Australia and save you a lot of money in the long run but it is important to invest in the right brands to be guaranteed a good return on your investment. At One Solar, we only deal in quality brands and offer you the best premium options to give you the best returns in terms of savings and longevity of the system.