June 18, 2024

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Designing Homes With Heart

How to Choose the Best Solar Panels

Homeowners are increasingly curious about the best option for heating, cooling, and lighting their homes. While the energy grid is a reliable source of electricity, many folks may not be happy with the high bills they are having to pay each month.

Solar panels for Devonport homes represent a way for Tasmanians to break free from that spending, as they take control of the way their home is powered.

Below is a guide to residential solar, which should help you pick the best solar panels for your home.

Solar Panel Costs

The specific price of a solar panel can vary based on many factors, such as size, model, time of buying, and various price promotions. On average, systems of 3kW cost between $3,000 to $5,000, while a 5kW system can run from $4,500 to $8,000.

If you have a large home, you may be interested in a 6.6kW or even a 10kW system. Those cost $5,000 to $9,000 and $8,000 to $12,000 respectively. Families who are unsure about the best sized solar panels in Devonport should ask a residential solar for their input.

Will The System Pay For Itself?

Many homeowners hear the line about how solar systems can pay for themselves. That can be true, depending on the cost of the system and how much money you save.

To start, Australians should not expect to pay upfront for such a system, as most solar system sellers offer payment plans with generous interest rates. That means you are not paying several thousand dollars at once, but spreading the cost over two to three years.

The average homeowner in Tasmania can expect a solar system to pay for itself over four to six years. Most of those savings are realised after you pay off the system, but most families should expect to experience some savings as soon as the system is set up.

What if I Use Energy in the Evening?

A solar system does not mean you can only use energy in the daytime, or that your home will be low on power during a week when it is very cloudy.

Modern solar panels work in conjunction with the energy grid, which means that you can always receive electricity as normal. Even if you have unused solar power from the daytime, you can sell it back to the grid for a specific rate.

Property Values

The final factor that should push a homeowner in the direction of installing a solar system is the increase in property value they will experience. If you compare two homes of similar characteristics and locations, the house with solar panels will have a higher asking price.

If you care about lowering your carbon footprint, hope to lower your reliance on the electricity grid, and wish to save money in the long-term, installing a quality solar panel system at your home is essential. These systems are lower in price than ever, and they will stay in place for many decades to come.