Residential Solar Panels – The Gift That Keeps on Giving

Posted on 24 November 2021

Residential Solar Panels – The Gift That Keeps on Giving

Despite being the cleanest form of renewable energy, solar power is not as widespread in Australia as it should be. Why? Many people don't understand the environmental benefits and perpetual financial rewards from their residential solar panels.

When it comes to solar panels in South Australia, Solar Power Direct is your best source. We have installed more than 5,000 residential solar panels systems in South Australia, helping homeowners reap the benefits of renewable energy for years to come. But what exactly are those benefits? Let's dive in!

Reduce Your Monthly Energy Bill

Even though the initial cost of a solar system is greater than connecting to the main electricity grid, it pays off. A study on residential solar panel installation shows that it only takes about four years to recoup your investment. This quick ROI is due to the money you save on your monthly energy bill and the tax rebates available for residential solar panels.

Tax Rebates for Residential Solar Panel Installation

South Australia offers three tax rebates for residential solar panel installation.

  • The Home Battery Scheme helps cover the cost of installing a solar battery
  • Small-scale technology certificates (STCs) pay you back for the electricity you'd otherwise take from the main electricity grid
  • Many electricity retailers offer feed-in tariffs to compensate you for excess electricity your system exports to the main grid

You can learn more about these government grants and tax credits here.

Increase the Value of Your Home

Having a solar energy system increases the value of your home if you decide to sell it. Even if you don't plan to stay in your home forever, don't let that dissuade you from installing a solar energy system. You'll easily recoup your investment, and the new homeowner will get to enjoy the benefits of solar power too.

Get Started with Solar Panels in South Australia

Just as we've helped so many other homeowners, Solar Power Direct can help you install a high-quality, cost-effective solar energy system in South Australia. To learn about your savings opportunities, call us on 08 7226 0560.

Solar Power Direct is a proud member of the Smart Energy Council, working towards a safe climate and a strong renewable economy.