New York Finance

Jan 14 2018

Solar Quotes

#solar #panel #payback, #basis #pagina


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Solar Energy Tips

1.Professional Installation Installing your own panels can save you money, at least initially. However, solar panels are expensive and installing them incorrectly is likely to cause a lack of energy absorption. Ultimately, the money that you thought that you had saved installing the panels themselves can be lost in panels that do not work correctly or do not work to their full potential. Professional installers know the best way to place solar panels, so their knowledge and expertise should be utilized in almost all cases.

2.Placement Solar panels should be placed where they can receive optimal sun exposure, and they should be tipped at an angle towards the sun. Professional installers are able to help homeowners decide on the best placement, as the panels should be placed where they can receive the most sun exposure during the year. Some homeowners are emotionally connected to their properties, so it may be difficult from them to put aesthetics aside and go with the placement that the installer suggests.

3.Maintenance You should make sure that their panels are well maintained. There is very little involved in this process, as solar panels are low maintenance after their installation. Unlike generators, solar panels do not have moving parts. Panels should be examined to make sure that they are secure and cleaned every so often to provide optimal results. Trimming trees may be necessary, as the more direct sunlight the panels receive, the more energy these solar panels can provide to the home.

4.Research You should examine the cost of solar panels before purchasing them, shopping around is essential to finding the best value. You should research customer and expert opinions regarding different brands and types of solar panels. Speaking with experts on the subject is always a good idea as well. Customer reviews are often valued because the reviewers have been in the same spot in which potential customers currently find themselves, and they have many of the same thoughts and concerns.

Frequently Asked Questions

WHAT GOVERNMENT SUBSIDIES ARE AVAILABLE FOR SOLAR POWER?

The Federal Government subsidy for solar power in homes, communityorganizations and small businesses is the Small-scale Renewable Energy Scheme (SRES). Under this scheme a solar power system can create Small-scale Technology Certificates (STCs) that may be sold to partially offset the price of the system. STCs have replaced the former Renewable Energy Certificates (RECs). Feed in tariffs are a different type of benefit that provide ongoing financial incentive rather than an upfront price reduction. All Solar installers we connect you with can advise you on the exact subsidies/rebates you are eligible for.

HOW MUCH WILL I BE PAID FOR THE ELECTRICITY I GENERATE?

You will only be paid for electricity that you export to the grid. You are not paid for electricity that you generate and use in the house, but this will be reducing the amount of electricity that you need to import and so reducing the total cost of your electricity purchases. If you are eligible for the premium feed in tariff, you will be paid at least 60c/kWh for the electricity that you export back to the grid. Some retailers are offering rates higher than this. You should check the feed in tariff offered by your electricity retailer and compare offers from different retailers. If you are not eligible for the premium feed in tariff you may still be eligible for the standard feed in tariff. It is lower than the premium tariff. It is similar to, or slightly higher than, your usage tariff.

DOES THE POWER I GENERATE GET USED IN MY PROPERTY FIRST OR SENT TO THE GRID FIRST?

The electricity from the solar power system will get used in your property first. Only the excess gets exported to the grid.

HOW LONG WILL IT TAKE FOR A SOLAR POWER SYSTEM TO PAY FOR ITSELF?

The payback period of a solar power system varies widely depending on the price paid, the size of the system, the usage patterns of the consumer and the price received as a feed in tariff. For homes that use small amounts of electricity and receive the premium feed in tariff, the payback period can be less than 3 years.

WHAT IS A FEED IN TARIFF AND HOW CAN I GET ONE?

A feed in tariff is a price that you will get paid for electricity you generate from sources such as solar power. The feed in tariff in Victoria is a net feed in tariff and only applies to the excess electricity that you export to the grid. All large retailers are required to offer their eligible customers both a standard and a premium feed in tariff. You can receive the feed in tariff by contacting your retailer once you have a solar power system installed with the correct metering in place.


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