The cost of installing solar panels in Hobart is falling every year, but with federal government rebates scaling down from January 1 2020, now is the best possible time to make the switch to solar energy.
While many Tasmanians have already invested in home solar systems, those who are grid-connected have been frustrated by the low rates for feed-in tariffs. Those who want to maximise the return on investment for their solar power system have begun to look at solar battery storage as a means of cutting their electricity bill and improving their energy efficiency for their home or business.
This comprehensive guide will take you through everything you need to know to get your Hobart solar panels installed so that you can start enjoying the lower costs and smaller carbon footprint of solar energy. In this article we answer all of your most asked questions about selecting the right solar panels, creating your solar system and making the most of government subsidies.
- How much do Hobart Solar Panels cost?
- What Solar options are available in Hobart?
- How do I choose the right Solar Panels for my home?
- What is the Return on Investment for Hobart Solar Panels?
- Solar Rebates
- Payback Period
- Feed-in Tariffs
- Electricity Bills Savings
- Why should I get Solar Battery Storage in Hobart?
- How do I get Solar Hot Water in Hobart?
- Why is now the best time to get Solar?
- What now?
How much do Hobart Solar Panels cost?
Prices for solar systems vary depending on the power of the panels, the type of technology, the manufacturer and the installer you choose. As such, the prices we provide below are starting prices, for a free quote contact our specialists today.
6.6kW Solar Panels
These panels are perfect for small to medium size homes with relatively low energy requirements. These have a starting cost of $3,700.
7.2kW Solar Panels
The 7.2kW panels are ideal for small to large sized homes with low to medium levels of energy consumption. These start from $4,300.
10kW Solar Panels
The 10kW solar panels are an excellent option for any sized home with high energy requirements. These panels have a starting price of $4,990.
Q Cells are leading the pack in terms of Solar Panel Cell technology. Upgrading your panels with Q Cells can help to increase the efficiency and output of your system, ultimately boosting your return on investment. Upgrading to Q Cells starts from $550.
Inverters are the essential ingredient to your Solar Panels; they convert the energy produced by your system into usable electricity. The better your inverter, the higher the efficiency of your device. Upgrades to the SolarEdge Inverter start from $2,500.
10kW Solar Battery Add-on
Solar Battery Storage is a crucial addition for anyone looking to become independent from the grid. Batteries allow you to store the excess energy produced by your panels and use them at your convenience, rather than feeding it back into the grid. The cost of adding a 10kW Battery starts from $9,990.
What solar options are available in Hobart?
The solar energy industry in Hobart is thriving, with plenty of manufacturers and technologies on the market putting the power in the hands of the consumer. The options available to Hobart residents can be categorised into three simple steps: type of technology, the manufacturer and the optional upgrades.
The three most common types of solar panel technology are:
Poly Panels: the cheapest technology on the market, the Poly Panels are great for anyone on a budget with ample roof space.
Mono Perc Panels: the Mono Perc panels are more efficient and powerful than the Polys, but come with a higher price tag.
Bifacial Panels: the most expensive option, the Bifacial use two distinct faces to absorb both direct and indirect sunlight. Very powerful and efficient.
There are now so many manufacturers of solar products on the market that consumers can find the right panels for them, catered to their precise budget and energy needs. Solar Run franchises stock over 10 different manufacturers. To compare and contrast the different manufacturers and their solar panels, check out our reviews.
Consumers are now able to customise and upgrade every component of their solar system. With Q Cells, Inverters, Optimisers and battery storage, you can curate a home solar energy system that fits your needs.
How do I choose the right Solar Panels for my home?
Figuring out which solar panels are right for your home can be a tricky task. That’s why we’ve created a handy ebook on How to Choose the Right Solar System for your Home. For those short on time we’ve distilled the process into three simple questions:
- How big is your roof?
The answer to this question will determine whether you can choose less efficient panels (ie: the Polys) and use more of them, or whether you need highly efficient panels (ie: the Bi-facials) to meet your needs.
- What are your energy requirements?
Determining how much energy your home uses is key to getting the right type of panels. We highly recommend checking the energy usage of your home over the last number of years to get an accurate understanding of your energy needs and habits.
- Is your roof in shade?
Shade can be highly problematic for solar panels. Not just for the obvious reason of less direct sunlight, but partial shading on a panel can cause the whole device to stop working. Luckily, there are a number of solutions available. Half Cell Panels split a standard panel into two distinct circuits, allowing one half to function fully while the other is in shade. Optimisers are another good option for shade as they monitor and adapt your panels to function at maximum capacity.
What is the Return on Investment for Hobart Solar Panels?
Your Return On Investment (ROI) is calculated from a number of different factors, from the subsidies you receive from the upfront cost, the time it takes to pay off that upfront cost and the energy savings and tariffs you earn from your system.
Accessing government solar rebates is a key way to maximising your ROI. These rebates come in the form of Small-scale Technology Certificates (STCs). STCs are based on the number of kilowatt hours (kWh) of energy produced by your solar panels. These STCs are usually assigned to the solar installer. The installer then discounts the upfront cost of the solar installation.
The payback period is simply the amount of time it takes for your solar system to payoff your initial investment through the savings in your energy bill. This period lasts between 2 – 7 years on average in Australia depending on your location and the type of system you have. Once you have completed the payback period, your system has become profitable.
When your solar panels produce electricity that is not used it gets fed back into the grid. For every kWh of energy your system sends to the grid, your energy provider awards you with a small financial incentive known as a tariff. While these tariffs are small, over the lifetime of your system (generally around 25 years) this adds up to huge financial savings.
Electricity Bills Savings
The savings you make by using solar energy instead of grid electricity can be massive. A case study by the Tasmanian Renewable Energy Alliance found that a small business in Tasmania that recently installed an 18kW solar system is now saving almost $5,000 per year.
Why should I get Solar Battery Storage in Hobart?
Solar Battery Storage is a great investment for anyone looking to reduce their reliance on the grid and to maximise the savings and output of their solar system. For Hobart residents, the need for solar batteries are even greater. The rates for feed-in tariffs are some of the lowest in the country, meaning that residents of Hobart are needing to seek other means of cutting down their energy bills.
Batteries provide the perfect solution. With the ability to store your excess energy, you no longer need to feed energy back into the grid and can instead use that electricity instead of tapping into the grid. This dramatically cuts down your energy reliance and electricity bills.
How do I get Solar Hot Water in Hobart?
The Tasmanian Energy Efficiency Loan Scheme (TEELS) offers interest-free loans for residents looking to invest in renewable energy products, including solar hot water systems. Two of the best solar hot water systems on the market are heat pumps and hot water tubes.
Heat pumps: while these don’t use solar panels, they harness the hot external air that has been heated by the sun and exchange it with the cool air from inside the water tank. This heat-exchange system isn’t limited to hot days, as they can function even when it’s cold outside. These start around $1,800.
Hot Water Tubes: these use an Evacuated Tube system, using the sun to heat the tubes that in turn heat your water. With layers of insulated glass, the hot water tubes retain their heat while dispelling cold air. Starting prices are around $3,000.
Why is now the best time to get Solar?
There are 3 simple reasons why now is the best time in history to get your Hobart solar panels installed.
Solar products are more powerful and cheaper than ever
In recent years the quality and affordability of solar products have progressed in leaps and bounds. At no other time in history has our ability to harness the power of the sun been this efficient and this accessible. The sooner you make the investment, the sooner you can get through your payoff period and start seeing the profits from your free renewable energy.
Government subsidies are the highest they will ever be
From January 1st 2020 the federal government subsidies will be scaling down. While they won’t disappear immediately, the discounts available for purchasing solar products will be considerably less. This means that after January 1st, the upfront cost of your system will be higher, the payback period will be longer and your ultimate ROI will be reduced.
Summertime has the most sun and the highest energy bills
Don’t wait until the end of summer to make the switch to solar. During the summer, the sun is out longer and more powerful than ever. This means that the potential energy available and savings you can make are at their height. Summer is also when our energy bills are at their highest thanks to our air conditioners, family events and parties. Don’t scale back your plans for summer, get solar energy and enjoy a cheaper, more environmentally sustainable festive season.
Now that you’ve done your research, now is the time to speak with a specialist. Get a free quote and some advice on the right system for you. To speak with our friendly solar specialists, give us a call on 1300076527 or fill out online request form today.