As electricity costs in NSW continue to surge, so does the incentive for households and business to shift to reliance from rooftop solar and battery storage. Baseload futures prices for 2018 in NSW have jumped another $10/MWh to $115/MWh, meaning that a rooftop solar system is cheaper than the wholesale price of the coal-fired grid. Thus, installing a solar system is definitely a perfect solution to combat the continuing surge of wholesale electricity costs in NSW.
Consumer group Choice suggested that before installing solar you should get multiple quotes to ensure you’re getting the best deal.
3 reasons why you should install solar now
Generous Government Rebates still available
Receive up to $3,683* off the price of your system
Get paid for the surplus energy your system produces
Great Return on Investment
Systems pay for themselves in electricity savings in as few as 3 years.
Cut your electricity bill by up to 75%
Protect yourself against rising electricity costs (expected to rise 40% over the next 10 years)
Record low prices now on offer
System prices have fallen 80% in 5 years
Payback periods have never been lower
*Incentive estimate based on calculation of a 6.6kW system (STC Zone 3) at STC price of $29/kW in different periods over 15years. The amount of STCs received depends on the location of your installation. The price of STCs is calculated based on market value and is subject to change. Check online to get the most accurate price..
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