Tasmanian Energy Efficiency Loan Scheme Applications Close Tonight!

Midnight tonight (30 April 2019) is when applications will close for the Tasmanian Energy Efficiency Loan Scheme (TEELS).

Under the scheme, Westpac offers Tasmanian residents and small businesses the opportunity to apply for a Westpac Credit Card with zero interest for 36 months for eligible energy efficient products up to a value of $10,000.

Applicants are assessed per individual and not household, so households may have more than one application submitted.

Eligible products include but are not limited to:

To get your application in, interested persons will need to submit a TEELS request via the website HERE prior to midnight tonight!

Westpac will then be in contact with the applicant to arrange an appointment to discuss the application. At this appointment customers will need to have sourced a quote from the solar provider/installer to take to the appointment with Westpac.

Once the application is approved by Westpac, applicants can purchase their energy efficient product/s and then will need to provide Westpac with proof of the purchase.

It is up to the applicant to arrange the delivery and/or installation of the product (solar panels, solar system etc.) directly with the provider/installer.

If you’ve applied for TEELS or are going to prior to midnight tonight, you can get prepared for your Westpac appointment and request 3 obligation free quotes from CEC accredited installers who can service in your area.

Receive Obligation FREE Quotes

 

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!

Download Your Free Copy Now!

 

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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.