Are you confused about solar power prices?
There are many solar power companies to choose from, each one with knowledgeable and well-trained staff. If you feel stumped by your options or are unsure where to begin, this helpful, yet informative step-by-steps guide can help. Let’s start at the beginning…
One of the first things you’ll want to do is find out exactly how much solar power as an energy system will produce per kilowatt hour. This number is easily obtainable, although it varies slightly from state to state. The easiest way to get this number is to contact your energy authority and ask for the information. You may also visit their website to find this information, or you may contact their local office to find out more information. In addition to the energy per kwh number, it’s also helpful to know the annual cost to run the system. You may want to factor in that into your overall costs, depending on the size and number of your system.
Some homeowners may also be able to work with their local financing companies to get a home equity line of credit
If you’re looking for solar power prices in Australia, a great resource to use is the Australian Energy Consumercentre. The ACR is a database of all the various rebates available. Rebates vary from system to system, but they’re usually based on a percentage of your installed capacity. For instance, if you have five hundred kilowatts of capacity, you’ll likely qualify for a rebate of five percent. For most people, this amount is more than enough to pay for the installation and ongoing costs. (In addition to rebates, energy companies offer feed-in tariffs.)
Another useful resource is your local finance and credit unions, banks, community organizations, and other lending companies. Many of these organizations offer financing options for solar installation companies, and many will work with a company to help find a loan for the project. While not every bank will support this type of loan, some do offer such programs, especially in areas where electricity prices are expected to be high in the future. Some homeowners may also be able to work with their local financing companies to get a home equity line of credit, which can be used to pay for large parts of the solar power purchase.
The final place you may want to check for solar power pricing is online. There are many companies that offer pricing information for their solar systems, as well as quotes for feed-in tariffs and rebates. This can be particularly useful if you’re working with a limited budget for your solar system. If you want to compare pricing and other factors, however, it may be helpful to contact several different companies to get an idea of what their prices and repayment plans look like.
You can save thousands of dollars on the cost of solar power system installation if you take advantage of the many resources available to you. Talk to local installers about installing solar panels on your roof, or build your own panels from scratch. You’ll be amazed at how much you can save.