Planning to go solar? Knowing the average solar panel cost for homes and businesses offers a general idea of what your budget should look like. Here our solar panel cost guide 2021 introduces the crucial factors.
Installing solar system homes is a huge one-time investment. No homeowner would want to get it wrong in the first place. It can lead to various post expenses ruining your entire investment.
Thus, it is necessary to plan the budget appropriately. Our Solar Panel Cost Guide 2021 highlights various essential factors that play determining role in the planning of the budget for solar.
What Does The Solar System Cost Include?
Installation mainly determines the solar system cost. Besides, other factors equally affect the final expenses.
- Solar panels
- the entire design of your residential solar
- permitting,
- engineering,
- installation,
- materials,
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Certain, solar panel installation cost includes a battery as well if you go for the hybrid solar system. Instead, you can buy a battery separately to lessen the upfront cost.
Various determining factors play a major role in deciding the Solar Panel Cost Guide budget. Having a clearer idea of them helps to define optimal solar panel cost.
9 Factors That Influence Solar Panel Cost
Oftentimes, people think solar system cost is about solar panels only. If you have similar thoughts, you are mistaken. Different aspects are likely to fluctuate the final solar panel cost other than the number of solar panels.
Whether buying solar panels for home or business, it is important to undertake these key factors. Not only it helps avoid unnecessary expenses in future but also helps decide the best deal in budget.
Here are #9 factors that influence solar panel cost…
#1: Monthly Electricity Consumption Of Your Residence
The main reason behind installing a solar system for homes is to support energy consumption. Thus, the bigger your energy consumption is the bigger the solar system size your home requires. This is the major deciding factor for the final solar system cost.
#2: Solar System Size
The greater solar system sizes the greater would be the solar panel cost. Obviously, a 10kw Solar panel costs more than a 6.6kw Solar panel. The main reason behind going solar is to switch to renewable energy and to cut dependence on conventional energy sources.
This can be possible only by installing the biggest solar system size to meet your energy demands.
#3: Federal Rebates
Solar panel cost won’t really bother you. Even the upfront cost is going to be slightly cut off. The current plans by the federal government of Australia offer a reasonable rebate on residential solar installation.
Also, selling surplus energy offers further discounts on your monthly power bills.
#4: Home Location
Depending on your location in Australia, your solar panel installation cost varies. The rebate program running in different states vary in rebate size. Thus, this will either get you a bigger discount on your solar system installation, or a slightly lesser. Your home location also determines solar energy production.
A higher sunny hour in an area ensures maximum power output. On the contrary, at least sunny hours decimate the final power output.
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#5: The Quality Of Panels And Inverter You Invest In
The best quality solar panels and inverters offer maximum performance. Also, they last longer than the average quality solar equipment. It is important to invest in the best solar panel brands Australia with high-performing innovative technology.
#6: Ease Of Installation
Some solar panel installation requires more time and efforts comparatively. For instance, a 2-story building with a flat roof takes longer compared to a single-story residence. The factor determining the solar system cost is the extra workforce.
#7: Solar System Type
Question what type of solar system you should install for your home. Well, certain kinds of modules would cost more compared to others. For instance, a hybrid solar system is expensive than a regular solar system. The surplus price is due to the additional attachment of the battery.
#8: Peak Energy Consumption Hours
What are your peak energy consumption hours? If it’s daytime, the solar power system would supply enough energy to meet the household demands. However, for nighttime, it is rather impossible with the absence of sun. In such a case, a battery may resolve your issue by supply enough electricity for nighttime usage.
#9: Solar Installation Company
The cost to install solar panels is likely to vary with the company. For instance, a Top-rated and accredited contractor charges a premium price for the service. On the contrary, a low-rated company would offer a cheaper price and may result in unsatisfactory service.
Thus, it is important to hire a company that understands your demands and fulfills them in your budget.
For more help, contact Top Solar Quote with your project’s specifications. We provide with an excellent quote from best solar contractors for different budget range. Cutting down the gap between the seller and buyers, making solar easily accessible to all.
State Wise Solar Panels Cost – April 2021
|
State |
1.5 kW |
2kW |
3kW |
4Kw |
5Kw |
6Kw |
| New South Wales | $2,950 | $3,230 | $3,690 | $4,055 | $4,450 | $5,166 |
| Victoria | $3,215 | $3,478 | $3,984 | $4,599 | $5,440 | $6,650 |
| South Australia | $2,792 | $3,150 | $3,650 | $4,185 | $4,722 | $5,320 |
| Western Australia | $2,450 | $2,710 | $3,010 | $3,540 | $3,650 | $4,210 |
| Aust. Capital Territory | $2,770 | $3,080 | $3,740 | $4,180 | $4,560 | $5,810 |
| Queensland | $3,280 | $3,620 | $3,860 | $4,650 | $4,980 | $5,638 |
| Avg. of All combined | $2,909 | $3,211 | $3,655 | $4,201 | $4,633 | $5,466 |
Average Solar Panel Cost
The right solar system depends on your household size and monthly energy consumption. So, the cost of solar power for homes varies with households.
The average solar system costs for a home is $4,633 installed. The actual range is more like $2,909 and $5,810 which comprises 1.5kWh – 6kWh Solar systems.
The large factors making up the final cost are its component i.e., solar inverts and solar panels brand. Also, solar system size matters as well.
Either way, you should not cut down the budget in terms of equipment and brand. It will return as a shortfall in electricity output afterward.
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How Much Do Solar Panels Cost Per Square Foot?
This is a tricky question. The cost depends on the solar installer and the region of service. Thus, it is best to connect with a local solar company to understand the ongoing market price. Also, use the solar panel cost calculator online for determining the final budget.
Do Solar Panels Really Save You Money?
Yes, solar power for businesses and homes saves money in the long run. The first benefit is the less or negligible electricity bill. If you understand your energy consumption, you can easily calculate the savings with Solar Panel Cost Guide.
A reasonable solar system size generates the required energy demands and even more. Moreover, the average payback year of the solar system Perth is 3-5 years. Post this period, the entire saving is yours.
Are Solar Panels Worth It?
Yes!
Solar panels installation reduces your monthly electricity bills. In certain cases, it eliminates your energy bills and generates surplus electricity, which you can sell to receive additional rebates.
The solar panels cost is a bit expensive, but it comes with state incentives making it affordable. In the long run, the savings are huge. Taking into account, these factors we can strongly assert that Solar Panel Cost Guide are worth it.
A bigger solar system size such as a 10kw solar system with battery backup is best. Indeed, they meet the dynamic energy demands for homes and businesses even getting surplus electricity. Also, a bigger solar system has bigger chances of savings.
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Best Quotes On Solar Powers For Homes And Businesses
Investing in solar power offers long-term benefits. Not only it saves you over monthly bills, but also offers energy independence. To get maximum benefits, it is necessary to hire a solar panel installer Melbourne, Australia.
Top Solar Quote, the leading quote provider in Australia, offers the best quote for different solar system sizes. We deliver the best and updated quotes upon all kinds of solar demands and requirements. We are committed to make solar a hassle-free journey for our clients.
This has led us on the path to becoming the #1 solar quote provider.
We have tie-ups with prominent solar installers all over Australia. Whether you are in Perth or Queensland, we can easily provide the best deals from your local solar companies.
Commercial, residential, or grid level, we deal with quotes for the dynamic solar requirements. Our expertise lies in excellent quote service and intense customer support. This helps cut the gap between customers and companies and put forth the current best deal for solar.
Contact Top Solar Quote is for
- Tier 1 solar equipment
- Solar panels, inverters, or batteries of different brand
- Solar system for homes and business
- Different Solar system size
What are your requirements? Fill the form and get started. We will mail you the best quotes from your nearby top sellers.
We deal only with the top solar installers dealing in high quality and excellent performing system. Our customized services provide the perfect solutions for your solar demands. Our commitment to top-class services has led to satisfied and happy clients.
We strive our best to introduce you to the beyond in solar energy. Explore your solar journey in a completely new way with Top Solar Quotes.