Return on Investment

Guarantee yourself a low, fixed, electrical rate for the next 30 years and relax as the cost of electricity continues to rise.

  • The cost of installing a solar electric system has dropped almost 50% since 2008
  • Reduce or eliminate your bill entirely, with an investment return of 10-25%
  • Avoid electricity rate increases
  • Increase your home value without increasing your property taxes

When solar started being properly commercialized in Australia in the 70s the price of a solar panel was well over $100 per watt. Today, with tremendous momentum towards a clean renewable energy future, that cost has seen a 97% drop! What this means for you is that you’ll be guaranteeing yourself a low, fixed, electrical price for the next 30 years, over which time we all know electrical rates from the utilities will be sharply increasing.

Historically, your utility has raised electrical rates an average of 7% annually. While a full system purchase may seem expensive at first, when you look at the real numbers over time it seems a lot more reasonable. Following is an overview of the costs associated with purchasing a solar system. The upfront installation costs are far cheaper in the long run than paying increasing electrical rates, and the value of your home increases more than the cost of the system with no additional property tax assessments. Systems can pay for themselves in 5-8 years, depending on the size of the system and your consumption patterns etc.

Here’s how it works. The net cost of your solar system will be determined by 3 variables:

  • Solar system size (kilowatts)
  • Government rebates
  • Feed-In Tariff

The following examples reflect the cost of “solarizing” an average home. Depending on your electricity usage, this can either offset some or all of your bill, or in some of the cases below, provide you with a credit on your power bills. As you’ll see from our customer stories, some of our customers are making a return on their solar product of $2k-$3k per year meaning their investment is returned within 5-7 years…..”

Andrew McKenzie
Quarterly bill  before solar $400
System size purchased 3kw
Investment 14,900
Payment method 84 month payment plan
Last QTR bill $50 credit
Amount saving per year $1800
ROI 8 years
Dianne Melhuish
Quarterly bill before solar $300
System size purchased 3kw
Investment 14,900
Payment method Upfront
Last QTR bill $200 credit
Amount saving per year $2000
ROI 7.4 years
Frank Reid
Quarterly bill before solar $570
System size purchased 5kw
Investment 24,900
Payment method Upfront
Last QTR bill $340 credit
Amount saving per year $3640
ROI 6.8 years

Can you think of any other investment under $30,000 that has a 100% return in just a few years, with continued benefits like no ongoing power bills….that attracts Government funding!

And the above calculation is based on today’s electricity prices, and don’t take into account the huge impact that carbon tax and infrastructure spending will have on your future power bills.

The average homeowner spends more than $100,000 in electricity bills over 25 years. With utility rates increasing year after year, now is a great time to invest in solar panels to eliminate or fix your rates now with affordable solar power — you’ll enjoy peace of mind and serious savings for decades to come.