Paul installed a 12.95kW solar system with 35 Canadian mono split cell panels. He wanted a system that could allow future expansions while maximising his return on investment. Paul’s energy usage averages between $400 to $600 per billing cycle, and he saves over $2800 a year.
After having an unpleasant experience with no-name brand installers, Paul chose a reputable solar company for his new home. He contacted Nectr and received excellent service from our solar experts.
Choosing an installer who understands your solar needs is very important. Not only will you get the perfect solar energy system for your home, but you’ll have one that saves you a lot of money in the long run.
Learn from Paul and see how you can save money with solar installation!
How Paul is saving over $2,800 per year
With a total capacity of 12.95 kilowatts, Paul’s Nectr system allows him to save over $2,800 per year. Paul lives with his husband and two kids in a home with multiple TVs, an office for two, and air-conditioning. After thorough research, he chose Nectr for his home in Brisbane.
Paul wanted a solar system that could accommodate future expansions. He met a consultant from Nectr, who took the time to understand his solar needs.
Today, Paul’s solar system allows him to save more money to have a good time with his family. His solar system consists of 35 Canadian mono split cell panels and a 10kW Huawei 3 phase inverter. Paul’s system also features solar analytics, and he can monitor everything with a mobile app.
Installing solar is a smart way to reduce electricity costs and save a lot of money. The savings come from:
- Lower electricity bill
Solar power will reduce how much you pay on your energy bill. On average, Australians should expect a 30% savings on electricity costs after solar installation.
You can even achieve a $0 electricity bill with a well-planned solution. Consult our experts, and they’ll do the math. You’ll get a custom-designed solution that suits your needs.
- Taking advantage of solar incentives
The Australian government is committed to renewable energy and offers many incentives to solar users. These incentives mostly come in the form of STCs and zero-interest loans. It’s better to install solar today if you want to take advantage of these offers as they decrease year by year.
Nectr system: Electricity production and savings
You can expect an output between 250 to 400 watts from each panel. The actual energy production will depend on panel design and technology. Paul’s system has 12.95 kilowatts total output and runs on 35 solar panels (369 watts per panel).
Knowing your home’s energy needs will help you calculate how many panels you require to be efficient. Solar panels reach maximum efficiency when properly angled to capture sunlight.
The Australian government created the Small Scale Renewable energy Scheme (SRES) to offer Small-scale Technology Certificates (STCs) to homeowners and businesses. The incentive rate decreases year by year and will disappear completely after 2030.
Installing solar earlier allows you to take advantage of the government’s incentives and get more STCs. You can calculate your STCs based on your system’s location, energy production, and installation date. For example, a 10-kilowatt system earns around 150 STCs as of 2020.
With Nectr, you’ll get a high-quality solar installation, which qualifies for many different financial incentives, including STCs. Your solar system will be composed of CEC-approved inverters, panels, and battery systems.
Our CEC Accredited solar experts will handle your system design and installation.
Paul’s solar installation took less than half a day, and he describes it as one of the easiest trades in which he’s ever engaged. Save hundreds of dollars with Nectr like Paul and enjoy excellent service.
Maximise your return on your solar system
Solar power comes with many incentives, including tax credits and subsidies from the state and federal governments. Most times, it takes only two years for you to get a return on investment after installing solar. Generally, the solar installation brings in a return on investment of two to six years.
Although the initial cost of solar might seem high, it’s a smart long-term investment, as you’ll no longer pay hefty monthly bills or maintenance fees. Solar panels are durable and require minimal maintenance.
The amount of money you can save will depend on your location and the scale of your solar system. Your solar installation will positively impact your utility bill no matter how small it is, and they don’t need regular replacement.
The cost of solar panels keeps decreasing with advances in technology that makes for more efficiency. Solar power brings in an immediate return on investment, as they produce free electricity with no fuel costs. You can expect to pay 30% less for your electricity consumption after your solar installation.
Paul gets annual savings of up to $2800. This amount offsets the cost of his electricity bill and leaves him with free money to spend time with his family.
How does the solar panel system make money for you?
You need to connect your solar system to the grid to make money. The electricity company will likely pay you monthly for surplus energy generated by your solar panels. Your retailer will deduct this amount from your electricity bill if you used any electricity from the grid.
Solar panel output is often high in Australia because of the sunny weather. Living in a country like this means you can convert your home to a revenue-generating machine with solar energy.
Nectr can help you find an electricity plan that allows you to earn money when your panels create more power than you use.
What’s more? You’ll be contributing to society, as the excess electricity generated by your solar will go to other homes that have not switched to solar power systems.
If you reside in a state that has not reached its net-metering cap, your utility company may pay you for the excess electricity you generate and export back into the grid.
If your local energy provider offers net metering, you may benefit from selling excess energy on a third-party market instead of the grid.
Before going solar, make sure you learn your options for savings on installation. Here’s an updated guide on the available solar incentives in Queensland.
You can also contact our team of solar experts if you have more questions.
Interested in solar? By clicking below, you can use our smart solar calculator to find out just how much you could save with solar, what rebate you are eligible for, and the impact you will have on the environment.
Don’t wait until next quarter’s bloated bill, and get started today!
Join over 20,000 homeowners who have made the switch with Nectr or the 1000+ positive reviewers who have been more than happy with their solar install. Otherwise, you can always contact us on 1300 133 556 or email if you prefer at firstname.lastname@example.org.