Are solar panels worth the investment?

solar power

You’ve probably heard a lot of commentary around the economic benefits of solar panels. Your neighbour may think it’s too expensive and a complete waste, while your Uncle Bob rants and raves about his solar panels and how his last electricity bill was only $50 dollars for the entire quarter- even though he’s got a wife, a mother-in-law, six kids and three dogs living in the home. They’re both such conflicting views, so how do you decide whether solar power will be worth it for you?

Essentially, energy costs in Australia are on the rise and it seems there’s no sign this will slow down any time soon. Your household energy bill is dependent on many variables including how many family members you have regularly in the home, your energy consumption patterns and any high usage extras you may be powering, such as; air conditioning, swimming pools and spas, clothes dryers and dishwashers.

Whilst energy costs rise, solar power is becoming more affordable than ever. Some reports have shown that it’s possible for solar systems to start paying for themselves within approximately 5 years*. So if you factor in the lifespan of panels as around 25 years (most panels even come with a warranty for this period of time), that’s well over a decade of pure savings on your electric bill.

Our Sun2u team uses the newest technology, and we have been providing solar power solutions (including solar batteries) for both residential and commercial clients for decades. In our experience, we have found that the cost of solar power is actually comparable to grid power when consideration is taken for equipment life cycle. Not only can solar power save your business or home thousands of dollars in electricity costs, it’s a much more environmentally responsible energy source. We understand the importance of turning to renewable energy sources in order to preserve our beautiful planet for future generations.

At Sun2u, we specialise in finding a solar power system to suit your energy needs and budget. If you’re concerned about whether the financial investment in solar power will pay off, we can talk you through that process and break down the costs to benefits for you. If you’d love to save money on your energy bills, as well as do your part for our environment, please feel free to call us on 4001 0505 to speak with one of our solar experts.

*Australian Energy Council Report January 2018