Residential Solar ROI
Domestic solar installation isn’t an expense… it’s an investment
And just like any other investment, it’s something that you can expect to generate a positive return for you over its serviceable life.
In addition to the savings you enjoy over the years, solar also earns its keep a number of other ways:
- Government rebates
- Small-scale Technology Certificates (STCs)
As a result, it’s not unusual to see domestic solar installation paying for itself much earlier than the typical five years. Find out more about rebates and STCs here.
Enjoy real ROI with residential solar installation
What do you do with the energy your panels generate while you’re away from home?
Solar batteries are one option. Another is to feed it back into the electricity grid.
Feed-in Tariffs (FiTs) are paid to you when excess energy from your solar PV system is fed back into the electricity grid. The amounts vary by state, FiTs can help you earn back your investment quicker.
Small-scale Technology Certificates
Devised with domestic solar installation in mind, the Small-scale Technology Certificate (SCT) scheme is a government program that incentivises renewable usage. Every megawatt hour of energy you generate is rewarded with certificates, which can be resold.
Australian weather conditions are unique for their harshness. As such, Pacific Solar makes sure to choose only components that are proven to not only withstand, but outperform, in our rambunctious Aussie environment.
Your solar PV system can easily last for 25 years with relatively little maintenance. That’s 25 years of non-stop power and savings over the life of your system, easily paying off your initial spend.