Solar Power & Solar Panels New South Wales

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New South WalesNew South Wales

With daytime NSW electricity rates up to 35c/kWh, offsetting daytime usage with your own solar power is effectively like having a 35c Feed in Tariff.

When feed in tariff rates were higher, the incentive was to export as much power during the day as possible by using appliances such as dishwashers and washing machines at night. Now with little incentive to export power, the best strategy is to set timers on these and other appliances and use them during the middle of the day so they run off your solar power and this will mean you won’t be paying the high rates.

Additionally, the fact that panel prices globally have plummeted over the last year means you can now have a 5kW system installed for under $10,000 whereas previously the same system would have set you back between $20,000~$30,000.

Combine these points with the fact that electricity prices have just risen 18% in NSW with more increases expected in the future.

To work out your payback period and returns on you investment, go here – Financial returns and payback periods or check out our new Solar Savings Calculator.

If you have any questions about how to use the formulas or any other matter, please don’t hesitate to ask us a question.

Feed-in Tariffs for New South Wales

Although New South Wales no longer has a guaranteed Feed-in tariff, most retailers still provide a relatively high rate for the electricity you feed back into the grid.

Rates are subject to change and vary across different retailers, be sure to check with your retailer about the rate which you are eligible to receive.

Diamond12cWebsite

*Retail Energy Provider Current Rate
AGL 11.1c -20c /kWh
Origin 8c – 25c /kWh
Lumo 11.1c /kWh
Power Direct 11.1c /kWh
Dodo 11.6c /kWh

*Updated Feb 2019

Things You should Know Along Your Solar Journey

Download Your FREE Beginner’s Guide To Solar Power!

Beginners Guide to Solar Power

If you’re considering solar for your property or just looking to maximise the savings for your solar system, download a FREE copy of our "Beginner’s Guide To Solar Power".

Become an expert and better understand the ins and outs of solar power and solar PV systems for your property.

Includes detailed explanations and diagrams of the various types of solar systems and their parts, solar battery storage systems, Government incentives, expected ROI periods, finance, energy saving tips and more!

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Understanding Batteries

Off-Grid Systems

For some households a battery system can be of great benefit and minimise a home’s reliance on the grid. However, it’s important to understand for a battery to be useful your solar system needs to be generating excess energy for the battery to store, which you can then use at night or when the sun is not out.

When selecting a battery, you’ll want to invest in a system that is most suited to your home and can drive the best return on investment (ROI). Despite a larger upfront cost, a higher quality battery may significantly increase your ROI.

    Battery systems start from $6,000 and costs can vary greatly based on the following factors:

  1. Cycle Life-Time

    The number of times a battery can fully charge and discharge.

  2. Battery Power (kW)

    How fast it can be charged or discharged.

  3. Storage Capacity (kWh)

    The maximum amount of energy a battery system can store.

  4. Battery Management System (BMS)

    An electronic ‘smart’ system that gathers data and manages the battery ensuring it does not overload or operate outside of its safe functioning zone..

  5. Inverter

    Battery systems require their own inverter if your solar system does not have a hybrid inverter.

  6. 'All-In-One Unit’

    A system which includes the battery, BMS and an inverter all in one unit.

  7. Warranty

    Length of time or cycles the battery system is under guarantee.

  8. Blackout Protection/Backup

    It’s important to note this is not a common feature of a battery system and could cost thousands of dollars to include. Blackout protection not only requires additional components but also a specialised installation and rewiring. For grid-connected homes, the cost for blackout protection can outweigh the benefit.

Additionally, if your purpose for adding battery is to go Off-Grid and become completely independent from the grid you will need to ensure your solar system can generate enough energy to power your home and your battery system is large enough to store this energy. For homes in metro areas going Off-grid is not cost effective and is only recommended for those in remote areas with limited access to the grid. Off-grid solar systems with battery start at approximately $30,000.