Solar panel installations can vary significantly in price depending on the size of the system, the quality of the products used, the care and experience taken by the installation team and the before and after sales services provided by the company you are dealing with. Typically we see fully rebated systems in the standard residential sizing starting at $4,500 and going up to around $7,000 depending on the complexity of the job and the technologies selected for installation.
Is Installing Solar Panels Worth It In Melbourne?
A solar power system makes good economic sense for most residential buildings in Melbourne due to the ever increasing cost of electricity and the increasing switching away from gas. Even in winter, when solar production is at its lowest, a medium sized system can be offsetting 30-40% of the home’s daily energy use. This cost makes even more economic sense if you consider getting solar batteries as well.
Size Of The Property
Bigger homes consume more energy due to their larger floor area and increased requirements for heating and cooling compared to smaller homes. This may be a reason to look at installing a larger solar power system than average due to the higher consumption of electricity which would flow into larger power bills.
Positioning Of The Roof
Ideally your home has a north facing roof free of shading from trees and neighbouring buildings. But if your home doesn’t face north don’t worry! You can still get fantastic performance from solar systems that face east and west, and even south facing panels will generate good amounts of electricity all year.
The Type of System Installed
Solar power systems can vary in regards to the type of system installed and the quality of the products supplied. If you have shading and multiple roof angles you may go for a micro-inverter to optimise the system to reduce the impacts of shading. This is great for system performance but it will mean you have a higher upfront cost. Alternatively you may have a big open roof space and a standard DC inverter will be a perfectly good solution and this will always be a bit cheaper upfront.
Are There Any Government Rebates for Solar Installation in Victoria?
The Victorian Government continues to provide solar rebates to residential solar customers including a flat discount on the cost of the system and a loan scheme where you can pay it off over four years in interest free instalments. Both of these schemes help reduce the upfront cost of solar panels and make solar an even better choice for reducing energy bills. Amounts of up to $2,800 are still available for home owners in Victoria.
Factors To Consider When Paying For Solar Installation
When investing in solar panels in Melbourne, it’s important to look beyond just the initial installation cost. Factors such as system efficiency, long-term energy savings and the reputation of the installer can all significantly impact the overall value and performance of your solar system.
Quality of the system
Like everything in life there are varying degrees of quality for all solar products. Solar Flow recommends the use of better quality system products to ensure your systems produce more free electricity over the life of the system saving you more every year it is operational.
Quality of the Solar Installer
It’s important to research the solar installer’s reputation and reviews. Solar Flow has earned 80+ five-star reviews, with happy customers throughout Melbourne. Additionally, Solar Flow exclusively sells premium solar panels to guarantee long-lasting performance and the best return on your investment.