02 Mar The 5 Facts Your Energy Company Doesn’t Want You to Know About Solar
Many energy companies don’t like talking about solar energy or try to discredit it as something that’s not worth the investment. We’re here to set the record straight with some simple facts of the industry.
1. You don’t have to wait around for ‘newer technology’ – current solar panels are already capable of zeroing out your bill
Solar panels reached peak efficiency at the start of the decade, and have only been refined slightly since then. The more recent changes in solar have occurred with smart inverter developments, wifi connectivity, and anti-hacking measures. However, the cost is less than half the price that it was at the start of the decade. This means that you can get the best technology at the lowest price in history – score!
2. You will still save money if you don’t usually use power during the day
A frequently circulated myth is that you’ll only save money if you usually use power during the day. This is completely untrue.
If you aren’t home during the day, your system will keep producing power and will send it back to the grid. You get paid a set amount for every kWh you send back (your feed-in-tariff). This amount is then deducted from your bill, which is how you save money. You only end up paying for the difference between how much you produce, and how much you use.
3. It’s not just for people with a lot of spare cash lying around
The cost of installing solar is currently at a historically low price. Not only this, but most systems can be installed with $0 upfront. There are also options to repay your system through set weekly payments of less than $40 (depending on the system size). Altogether, this means that solar doesn’t have to be an expensive endeavour. It’s affordable and helps you avoid taking a ‘big hit’ financially from having to pay upfront.
4. You can still generate a lot of energy on a cloudy day or in partial shade times
Your solar installation will still work when it’s cloudy – even though this isn’t much of a problem in Australia anyway! Although there is less sunlight available, the panels will still convert the available energy into electricity.
Partial shading can also appear to prevent an issue. It’s always preferable to have no shading on the roof whatsoever, but if it’s unavoidable at certain times of day, you might want to consider installing micro inverters.
These are exactly what they sound like – small inverters that pair to an individual panel, instead of having one big inverter that connects to all panels. It means that if one panel is shaded, it won’t affect the overall system production, as they are all creating their own output. Although it can be a slightly pricier choice, it works out cheaper for houses with partial shade, as it will be more efficient in the long-run.
5. It’s easy to maintain.
The fact is, solar panels basically run themselves. It’s recommended that you check them once a year for damage or corrosion, make sure they aren’t covered by any dirt throughout the year, and just generally keep an eye on anything that may cause excess shading on the roof (such as trees or new buildings). Aside from this, the panels will run efficiently for years!