Electricity prices have been going up and it is unlikely that the prices will come down. Thankfully, affordable and reliable solar PV panels allow you to make your own electricity and bring down your utility bills while helping the environment at the same time.
Millions of Australian households have installed residential solar panels and benefited from renewable energy. Since solar panels are rated to last anywhere from 25 to 30 years, you can expect significant savings on your energy bills. When it comes to alternative energy sources, no other green energy source is as cost-efficient as solar panels.
Here at Macedon Ranges Solar Power, we specialise in all things solar and will help you choose the right solar panels for residential or commercial use. Australians are spoilt for choice as there are more than 16,000 approved solar panels available in the market and choosing the right one can be a big struggle. We have partnered with some of the most reputable manufacturers of solar panels in the world and will make your green energy dreams come true.
How Do Solar Panels Work?
Solar panels are made up of photovoltaic (PV) cells which are also known as solar cells. These cells are capable of absorbing sunlight and converting captured sun’s energy into electricity. However, the type of electricity generated by solar panels is DC electricity which cannot be used directly. This is why an inverter is needed which converts direct current (DC) into alternating current (AC) which is what appliances in your home use.
This whole system is completely automated and once it is set up, you don’t need to do anything. You might be wondering what happens to the electricity produced by your solar module when it is not being used. In Victoria, you can sell this electricity back to the grid and you receive a rebate which is known as a feed-in tariff. The term net metering is also used to describe this process. In short, you can sell the electricity produced by your solar panels back to the grid and offset the money you have to pay to your utility company when and if you draw excess power during the night.
Purchasing Solar Power System
Currently, more than 500,000 households have installed rooftop solar panel systems in Victoria and these solar panels typically account for a third of the total energy requirements in Victoria. Needless to say, the solar industry is highly competitive.
Since all the solar panels look the same to an untrained eye, it is important for you to understand that there are many different types of solar panels and there is a lot of difference in terms of solar panel efficiency. In fact, the highest-rated solar panels are capable of producing 15 to 20% more electricity compared to an average solar panel.
As mentioned above, there are more than 16,000 approved solar panels available in the market which makes it challenging for consumers to choose the right product. Here at Macedon Ranges Solar Power, we have more than a decade of experience in sourcing, installation and repairs of solar panel arrays. We have partnered with the best manufacturers and suppliers of solar panels to help you get the most value for your money.
Why You Should Invest In Solar Panels for Your Home?
1. Lower energy bills
One of the biggest advantages of investing in solar technology is that you can bring down your electricity bills significantly. When you produce your own electricity, you won’t need to buy as much power as you are currently buying from the grid. In short, you will be saving quite a bit of money and you can use that money for investment or for various other purposes.
2. Sell excess electricity to the grid
If you are not using all the electricity being generated by your solar panels, you can sell the excess electricity back to the grid. Once you account for the money you make from the feed-in tariffs as well as the money saved on your electricity bills, you’ll find that your investment in solar panels will break even in a few years. Once you have made your money back, your solar panels will be generating free power for you.
3. Enhance the value of your property
Australians are at the forefront when it comes to the installation of rooftop solar power systems. As per the data shared by the Clean Energy Regulator, almost a quarter (25%) of the homes in Australia have benefited from solar technology. It will not only help you save money on your energy bills but will also increase the value of your property as solar panels have a life of around 25 to 30 years.
4. Huge number of options
Thanks to the huge demand for rooftop solar power, the cost of a PV system, as well as solar panel installation, has come down significantly, making it an excellent option for the average household. Huge demand for solar electricity has also led to increased competition among the manufacturers. These days, you have a massive number of options to take advantage of solar power. You are not limited to a particular system or a particular number of solar panels as it can be tailored to your specific requirements.
5. Almost zero maintenance
Rooftop solar is a system that requires almost zero maintenance. Other than the occasional cleaning of solar panels, you don’t need to do anything. Also, most of the manufacturers and installers provide a warranty of up to 25 years on the system. Once the solar panels have been installed, you don’t need to spend any money on their upkeep.
6. Become energy independent
You can become completely grid-independent by choosing a rooftop solar combined with a solar battery to store excess energy. It simply means that you won’t be dependent on the grid for your power requirements as the excess energy produced by the solar cells can be stored in the battery which can be used during the night when solar panels are not producing electricity. A charge controller will make sure that batteries are charged safely and any excess energy is sent back to the grid once the batteries are fully charged.
Save Money with Solar Panels
Almost 90% of the new solar panels being sold in the market are made by Tier 3 manufacturers. These manufacturers do not invest in R&D, and they do not manufacture their own silicon coils and only work as an assembler. They typically use human production lines for soldering solar cells which leads to inefficient solar panels. These panels are not as efficient as the panels made by the top companies and many of these Tier 3 manufacturers typically vanish from the market after a few years which means the warranty provided by them is of no value.
We have partnered with some of the best solar panel manufacturers in the world who are all Tier 1 manufacturers. These manufacturers invest a lot of money in research and development and use advanced robotic processes for the manufacturing of solar panels which means your solar panels will last a long time and will keep generating electricity efficiently for decades.
How Much Do Solar Panels and Their Installation Cost?
As far as the cost of solar panels and installation is concerned, it depends on system size. For a small system up to 2 kW, you should expect to pay a maximum of $3000. On the other hand, if you want a bigger system of more than 10 kW, that might cost more than $9000.
In Victoria, you can expect to pay anywhere from $3800 – $8300 for solar power systems ranging from 3 kW to 10 kW. Keep in mind that this is an estimated cost and the actual cost will depend on your location, the system you choose and various other factors.
We are not someone who does solar panel installation on the side. We are specialists and have been active in this industry for more than 10 years. We won’t give you a generic quote over the phone as the actual cost will depend on your location and various other factors. In order to get an accurate idea of the solar panels and installation costs at your location, fill in the form below and we will get in touch with you to help you get a proper idea of the expected cost.
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Excellent and friendly service.
Thank you for your fast, efficient service and great after service too!!
Highly recommend Macedon Ranges Solar. Very professional and excellent pricing
Quality components, fast efficient service, easily to talk to and contact, great price .
The best decision we ever made! Great price. Efficient prompt service. Nothing is too much trouble. This company is very friendly with a can do attitude. Would highly recommend them!
Amazing service. Fast and efficient.
Have had 2 5kw systems installed by Luke’s team on different properties – both continue to work to great effect!
Nothing but quality from Luke and his team. Professional and always willing to assist after the install.
Installation in Woodend in August 2020. Prompt, neat job and easy to deal with.
We’ve had 2 systems installed by Luke and his team and many years later the panels are still delivering the savings we expected