A common question people have before investing in solar is whether the area they live in is sunny enough to provide a good return on investment.
The simple answer is…
If you live in Australia, your solar panels will almost certainly save you money.
In sunny states like Queensland, solar users can potentially save as much as $1,580 a year on energy bills with a 6.6kW system.
And even way down south in Tasmania, a home with solar can potentially cut $1,470 from their annual energy bills with a 6.6kW system.
Your local solar system installers can provide you with an accurate estimate of how much you can expect to save at your home.
Typically, the return on investment for a home solar system in Australia is between 2 to 4 years, which mathematically equates to a 25% to 50% annual return on the money you invest in your solar system, making solar one of the very best investments available today.
A great quality solar system can have a full 25 years warranty and a useful life extending many years longer.
Solar, is a great lifetime investment.