What is a solar feed-in tariff?
Solar feed-in tariff (FiT) is a government-mandated policy
that is designed to promote investment and the small-scale production of
renewable energy sources. This policy exclusively benefits those whose solar
panels produce more electricity than is needed and who do not have a battery
system to store it. Solar energy consumers get credit for the leftover
electricity they deliver back to the electricity grid. This can offer
significant savings to homeowners and businesses looking to go solar.
The main idea behind the solar feed-in tariff (FiT) is to
incentivize and encourage more people to use renewable energy sources.
Are FiTs still worth it?
The short answer to it is – yes. Although the rates are not
as generous as they used to be, it doesn't mean that investing in solar energy
is not good anymore. When you compare the feed-in tariff rates offered by the
Australian government with the rates of other forms of electricity generation,
it is clear that the feed-in tariff is still worth it.
Increasing energy costs:
Why should you opt for solar with battery?
Solar with battery systems provide a reliable and
sustainable source of energy. By storing excess solar energy in a battery, you
can continue to power your home or business even during power outages or at
night. Additionally, using a battery allows for greater energy independence and
the ability to use stored energy during peak usage times, potentially reducing
energy costs. Overall, solar with battery systems offer a durable and efficient
energy solution for any home or business.
How to find a good
deal on solar?
When it comes to solar, you want to make sure that your
investment is going to pay off. That's why it can be so important to find a
good deal on solar panels.
Here are some tips for finding the right deal for you:
Estimate how much
power your home needs
You can do this by taking an inventory of everything that
uses electricity in your home and putting them into categories—lights, dryers,
etc. Then you can determine how much electricity each appliance consumes and
add that up to get an estimate of your household's monthly consumption. As an
alternative, you might review your previous bills to determine what your daily
average use was.
Know what kind of
solar panel system you need:
Once you have an idea of how much energy your home uses per
month, you will need to find the best options for solar panel systems for you
based on your home's needs. Although, there are three options available for
you: On-Grid Solar System, Off-Grid System, or Hybrid Solar System
Get quotes from
multiple installers and compare the prices.
Once you've picked out what type of solar panel system you
want for your home, it's time to get quotes from multiple installers and
compare the prices.
Check through
Certification and Warranty.
Another thing to consider is whether or not the solar system
you are getting comes with proper certification and warranty. This will give
you peace of mind knowing that your installer has been vetted by the
organization in question and meets their standards for quality workmanship and
customer service.
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