Can Solar Eliminate Your Power Bill?

Everyday there is new information on the positive impact on switching to solar energy, some of you may have been pondering the jump. We continue to read of the incredibly beneficial effects it has on the environment and the savings if we utilise solar energy generated from a solar system. So, you may ask just how much can I save by switching to solar? Can I eliminate my electricity bill? What system would I need to zero out my electricity bill completely?

At Captain Green, we have done the  research, so you don’t have to! Below we will discuss how having a solar system in your home or business can lead to massive financial gains, and the possibility to eliminate your bill entirely with the right system.

Do solar panels really save you money?

The short answer is yes. Having a solar system installed at home means that some or all of the electricity your home relies upon is generated off-grid. That being said, just how much you will save depends on a few factors, including the system you choose, how much electricity you use, environmental factors like hours of sunshine and your local electricity rates.

Solar energy and your bills are a simple numbers game. The more panels you have installed, the more energy you produce and the less you will need from the national grid. Solar panels can reduce or eliminate the electricity delivery part of your bill as your home utilises the sun to convert to energy. Exactly how much will depend on your electricity provider. All company utility bills will look different, and we recommend looking at a recent copy to determine the breakdown of your accounts.

Most include a supply charge which is a flat rate, not including any electricity usage for being connected to the national grid. The supply charge cannot be avoided if you have a grid-connected system which most solar panel systems in Australia are. Your system is connected to the national electricity grid, and you can buy electricity from electrical companies when required. As you would expect, you will require less when generating your energy via your solar panels. However, there are instances when your home may need to rely on the grid, for example, when there is no sun, during the evening or when it is cloudy, and your system has not been able to generate sufficient energy for the day. So whilst you will still receive an electricity bill if you have solar panels, the amount will be much lower than if you rely solely on grid-connected energy.

If you have a stand-alone system which is not connected to the grid and instead acts alone to supply energy for your home, then it may be possible to eliminate your bill. This requires the right solar system and a battery which stores surplus energy during the day for your household to use at night.

Which solar system is the best for my home?

Captain Green is your one-stop shop when it comes to determining which system is best for you and your home. What system you need fitted will depend on how much electricity you use and the size of your roof. While installing a solar system is not cheap, the costs have fallen significantly in the last decade. With State and Federal Government rebate schemes, solar panels are a long-term, sustainable solution to reducing your energy bills and doing your part to help the environment.

Depending on the size of your solar panel system and how much energy you export to the grid, the general rule of thumb is that you can expect to recover the costs of solar panel installation in 15 to 25 years. Although larger systems are more expensive, they generate more energy and save you more in the long-term.

You may further consider installing a solar battery or energy storage system that will store any surplus of electricity your solar panels generate. This will allow you to use energy generated during the day at night-time, helping you become more energy self-sufficient and reduce the amount of electricity you use from the grid.

What other benefits are there?

Solar energy relies purely on capturing light from the sun and converting it into electricity to supply your home. This means that you are not producing any greenhouse gasses or harmful emissions contributing to global warming and endangering the environment. Having a solar system can reduce your carbon footprint by up to 80% in one year.

Solar energy is an entirely renewable resource only relying on sunlight which will not run out, as long as the sun shines. Non-renewable resources like coal and gas are already running out. Using them also causes damage to our environment with nasty emissions pumped into the atmosphere due to their use.

Solar panels systems are built to endure rugged conditions, and with minimal moving parts, they require minimal maintenance which makes them cheaper in the long term. With warranties of up to 25 years, you can rest assured that your system continues to operate at its maximum potential and capacity for the duration of its working life.

Sounding good? If you decide that a lower power bill and being self-sufficient in terms of energy use is the best option for you, that’s excellent news! Call us today to discuss how you can permanently decrease your bills and do your part to help the planet.

Still Wanting to Know More About Whether Solar Can Eliminate Your Power Bill?

At Captain Green, our expertise and care for our customers have helped us stand the test of time. With over a decade of experience installing over 250,000 solar panels, you can be confident in our ability to provide the best solar system to fit your needs. Whether you need solar packages, panels, inverters or solar systems, we’ve got you covered.

Now that you know a bit more about how much do solar panels cost Sydney residents, we would love to hear from you. If you would like a personalised quote about setting up your solar or still curious about pricing options, get in touch with one of our experts today on 1300 361 682.