Facts About Solar Energy?
Facts About Solar Energy?
Solar energy is a reliable and predictable source of power.
Solar Energy is measured in kilowatt-hour.
- 1 kilowatt = 1000 watt.
- 1 kilowatt-hour (kWh) = the amount of electricity required to burn a 100-watt light bulb for 10 hours.
- Depending upon your location, our 1 kilowatt home solar system could generate as much as 1,314 Kilowatt hours per year
Did You Know?
As of 2024, 30% of Australian homes have rooftop solar energy system.
Solar Energy in Australia
Australia is one of the world’s leaders in solar energy adoption.
- Over 30% of Australian homes now have rooftop solar systems.
- As of 2024, Australia has installed more than 20 gigawatts (GW) of solar capacity, enough to power over 8 million homes.
- Solar energy is the fastest-growing source of electricity in Australia, contributing to around 25% of the country’s total energy generation.
- The state of Victoria has more than 700,000 solar installations, with government programs making solar even more affordable for homeowners.
- Australia's rooftop solar industry alone has avoided more than 50 million tons of CO2 emissions, equivalent to taking around 12 million cars off the road.
Financial Advantages of Solar Energy
Switching to solar makes financial sense to both residential & commercial users.
- Lower Energy Bills: Using solar panels to generate your own electricity, significantly reduces or even eliminates your reliance on the grid.
Most households can save up to 70% on their energy bills after installing solar. - Increase Property Value: Homes with solar power systems are more attractive to buyers, often commanding higher resale values. In Australia, properties with solar can increase in value by an average of $6,000 to $9,000.
- Government Rebates and Incentives: The Australian government offers financial incentives to encourage the switch to solar, such as the Small-scale Renewable Energy Scheme (SRES). These rebates can reduce the upfront cost of your solar system by up to 30%.
