20 June

Smart words from Finn Peacock again here. Note that the system in this common scenario would pay for itself in under 3 years. And that you win on cash flow too, by doing this you have more money each week, not just when the system has paid for itself. “Assuming you own a roof that is not shaded, to do nothing would actually cost you more – let me explain,” he said. NSW HOMEOWNERS EXAMPLE NSW SCENARIO: Your current electricity bills are $500 per quarter in NSW without solar. You then install 6.6 kW of solar (around 20 panels), which would cost you approximately $5000. RESULT: Your bills would go from $500 per quarter to receiving an average credit of $65 per quarter. FUNDS ARE TIGHT?: Rather than dipping into your savings to pay for this system, especially when things are so uncertain, you could secure a low rate green loan that has a payback as little as $71 per month (over seven years). Installers will also offer interest-free finance. When you combine your bill credit with the cost of the loan, there is still a whopping $352 saving per quarter when compared to a home without solar.