By Stewart Fielder
Published: Monday, September 7, 2020
Since the early 2000s, solar panels have metallically blanketed homes across Australia.
Once considered a space-aged luxury out of reach for most working families, the price of solar power has drastically decreased over the past decade.
Today, more than 275,000 South Australian homes have embraced solar, and it’s no surprise, considering the benefits.
As you’ve no doubt heard, solar panels and battery storage will slash your power bills, drastically reduce greenhouse gas emissions, and eventually save you more money than the cost of installation.
While for the most part, these claims are true, there’s an alarming amount of misinformation on the internet about how much (or little) you can save by installing solar panels and battery storage.
Based on our sums, a home using an average of 15kWh of electricity per day with a 6.6kW solar system installed, will spend about $1700 less on energy bills per year.
In this case, a solar system will pay for itself in 3 to 3.5 years.