Hyundai Solar Panels Review – Are They the Right Choice?

What is a Solar Panel?

Solar panels absorb energy from the sun and feed it into a solar inverter, which then converts that energy into the right electricity for your home. Most panels will have a lifespan of over 20 years and degrade in their production by less than 0.4% every year. However, this will differ depending on the brand, type of panel and the weather conditions of the area where the panels are being installed.

About Hyundai Solar:

hyundai solar panel review

Hyundai Solar is an offshoot of the parent company Hyundai Motors. They disappeared from the Australian market for 7 years but re-entered in 2018 with a $70 million distribution agreement.

Pros of a Hyundai Solar Panel:

  • PEARL (Passivated Emitter Rear Locally-diffused) technology
  • 300W residential module

Cons of a Hyundai Solar Panel:

  • Not a lot of information on Hyundai panels due to not being in the market for long
  • Their exit of the Australian market in 2011 could mean they will leave again

The Importance of Choosing the Right Solar Panel:

The quality, features and effectiveness of each solar panel brand vary greatly. This is why it’s crucial to do the appropriate research first before installing one in your home. Find out what’s best for your budget and energy needs by reading more of our reviews, speaking to CEC accredited installers and comparing solar quotes.

Get expert advice on what your home needs by receiving 3 free no obligation quotes from 3 local solar installers below.

Highly Reviewed Brands

2020 Solar Government Rebates Up To $3,700 Are Available!

Australia STC prices plummeting

The Australian Federal Government provides substantial rebates when you choose to install a solar PV system at your property. The rebate amount is based on the size of the system purchased and is deducted from the upfront cost of the solar system by your chosen solar provider.

In 2020 you can expect up to a $3,700 reduction for a 6.6kW system, a common size for Australian homes.

  • How much is the solar rebate worth today?

    • The current Small Technology Certificate (STC) rate is $36, which accumulates to $2,812 - $3,700 of rebates for a 5kW-6.6kW Solar PV System. Depending on the size of the Solar PV System the rebate will vary. Each year the STC rate is lowered meaning the rebate you receive could be reduced and eventually eliminated. Get in whilst rebate rates are high!
    • The rebates available for different system sizes in New South Wales are listed below.

      System size Number of panels (approx.) Value of rebate (STCs)
      1.5 kW 5 $814
      2 kW 7 $1,100
      3 kW 10 $1,665
      4 kW 13 $2,220
      5 kW 16 $2,812
      6 kW 20 $3,367
      6.6 kW 23 $3,700
      7 kW 23 $3,922
  • How does the solar rebate work?

    • Under the Australian Government’s Small-Scale Renewable Energy Scheme (SRES), homeowners are entitled to a given number of STCs dependent on the system size, where the system is installed and which year the system is installed.
    • The scheme can be claimed on multiple properties. The rebate is claimed by the installer of your system and passed on as a point of sale discount.
    • STCs are a traded like shares and their worth fluctuates depending on the amount of installations occurring that year. More installs than expected and the worth depreciates. STCs are currently valued at around $36 but have been as low as $17, so now is definitely a good time to install.
  • How is the value of the solar rebate calculated?

    • The amount of STC’s you receive are affected by two main variables - Location & System Size.
    • Location - The Federal Government splits all of Australia’s postcodes into 4 categories: Zone 1, Zone 2, Zone 3 and Zone 4. If you reside in Zone 1, you’ll receive a greater rebate than someone that lives in Zone 2, who will receive a bigger rebate than someone in Zone 3 and so on. Zones are determined by the number of sunlight hours you receive in the location you are having your Solar PV System installed.

      STC Zone
    • System Size - The other variable in determining the value of your rebate and amount of STC’s received, is the Solar PV System’s size. The larger the Solar PV System, the more power it will generate and the more STC’s and rebate amount you will be entitled to.
  • Will the solar rebate drop?

    • The number of STCs you’ll receive drops each year. The STC worth can rise and fall depending on demand in the market also.
    • The STC value is currently very high but at risk of dropping depending on market demand and Government policies. Now is the time to go solar!

How Solar Market Works

Fill in a quick online form with some simple questions about your property and energy needs

Receive 3 Obligation Free Quotes from solar companies with CEC accredited installers

Compare Quotes and choose the most suitable installer for your needs

Get 3 Solar Quotes

Customer Testimonials


Need Help With Your Solar Power Research?

Download a free copy of our "Beginners Guide to Solar Power"

Beginners Guide to Solar Power

Our guide will teach you the ins and outs of solar power and explains the various solar PV system options.

It includes detailed explanations and diagrams of the many types of solar systems and battery storage options, it explains the government incentives you can claim, your expected ROI, your financing options and tips for how you can maximise your savings.

Once you have read our guide, you will be ready to request solar quotes & start saving!

Click Here To Download Your Free Copy

Please provide your email address so that we can send your free copy of "Beginner’s Guide To Solar Power".

* By clicking "Send me a copy" I agree to the terms in TQC’s privacy policy.

Thank you

We have emailed your copy of "Beginner’s Guide To Solar Power".

If your guide does not appear in your inbox ensure that you have provided the correct email address or check your junk/spam folder.

This message will close in 10 seconds or

Close and back to page