It’s predicted that energy bills will continue to skyrocket with Australia’s electricity prices projected to grow by 100% between now and 2015. Australians have already been affected by a 35% electricity price increase in the past three years; the best way to safeguard yourself against higher energy costs is by investing in a solar system which will reduce your household electricity bills.
So how will purchasing a solar system safeguard against electricity costs? The solar panels work hard to produce enough electricity to not only power your household but also to enable you to sell back excess energy to the utility companies for a premium feed-in-tariff rate.
- Rising energy costs ‘unavoidable’: welfare agency. ABC, 07 May, 2010
The spending and a rising cost of delivering electricity means customers in South Australia will pay an average of $20 more next financial year and about $50 per year in the following four years. Read more
- Energy prices will keep rising. The Australian, 22 March, 2010
Australia’s electricity generation is projected to grow by nearly 50 per cent between now and 2030 to meet growth in demand. Read more
- Rising demand pushes up power prices. Business Daily, 03 December, 2010
“The rising demand for electricity calls for more thermal generation and it is impossible for the cost of fuel adjustment to remain unchanged,” Read more
Tip: The larger the system you have, the more electricity you will be able to collect. We suggest installing the largest system that you can to maximise the benefits.