In recent years, Australia has seen a massive upsurge in people installing solar power or at least considering it. Electricity prices in the country seem to be on the rise constantly, practically forcing homeowners and businesses to seek out alternative power sources. There is also the environmental impact of traditional electricity production to consider as well. Living in a country with a predominantly warm climate and loads of bright sunshine, it only makes sense to have solar electricity systems installed in Aussie homes and businesses.
One of the hurdles some people need to overcome is the cost involved. True, solar power can certainly save you a ton of cash over the long term, but there is an initial investment to be made. Aside from installation costs and installing inverters, one of the greatest costs in a solar power system comes in the form of solar panels and installing enough solar panels to adequately supply power to the home. There is also battery backup to consider, which obviously comes at an additional cost.
This article is going to take a look at the cost of installing a solar panel array, along with solar panel battery cost as well.
How Much Do Solar Panels Cost In Australia?
There are a number of variables that come into play when it comes to the cost of solar panels for Australian homes. Naturally, there are different manufacturers and brands of solar panels, whose prices vary. There are panels of different sizes and capacities, and prices vary on those as well. The price for solar panels can even be dictated by where in the country you are purchasing your solar panels.
What you need to have is a general figure in mind, so you have a fair idea of what you might or could expect to pay for solar panels.
What you don’t want to do is go for the cheapest price. While a budget price for solar panels can seem attractive and be very tempting, solar power is an investment, so you’re going to want quality and be prepared to pay a little extra for that quality. Investing in quality solar panels will save you money in the long run.
On the other hand, even though you might be more than willing to pay extra for quality solar panels, you don’t want to be over-charged either and end up paying way more than you needed to.
It’s worth it to take time doing your research and sums before committing to any solar panel or solar system purchase and installation package. Always choose to only deal with reputable dealers and get a range of quotes so you can more accurately establish what the actual price range should be.
The price for good quality solar panels that will suit the average Australian home should be in the vicinity of around $5000 to $6000 fully installed. This includes 18 solar panels with a capacity of 5kW. A system comprising this array will generate 20kW of electricity daily and should save the household around $2000 per year on their power bills.
Keep in mind that quality solar panels should last around 25 years and come with a warranty to back this up.
How Much Is a Solar Battery?
No home solar system would be totally complete without battery backup for solar power storage. While a system can run without a solar battery, it just makes sense to have one so you can have extra power stored to see you through the evenings or in the event of a blackout.
The price for a quality solar battery is generally determined by its storage capacity and prices can vary between $800 per kWh to $2000 per kWh.
To give you a ballpark figure, you can buy a solar battery of decent quality for around $5000 fully installed. If you want the best of the best, opt for the Tesla Powerwall, which will cost about $14,500 fully installed. Currently, the Tesla Powerwall is the ultimate in solar power battery storage and even comes with system management to oversee your solar system. .
In Conclusion
If you shop around, deal only with recommended solar system companies, take the time to get a range of quotes, and do your own research, you’ll be able to get yourself a quality solar power system installed in your home for the right price. Are you looking for Solar Panel Installers in Bristol? Our skilled team provides cost-effective and time-efficient solutions. To learn more about Solar Panel Installers Bristol, please contact us today.
