Solar Photovoltaic Savings
The below table provides indicative savings that can be achieved through a Solar PV installation. The table can help clarify payback periods based on expenditure vs savings.
|Monthly Power-bill||How many panels recommended||Size of array – based on 320 watt panels||Savings per year (up to)|
|$100-$150||6 – 8||1.92 – 2.56kW|| $1100|
|$150-$200||8 – 10||2.56 – 3.2kW|| $1400|
|$200-$250||10 – 12||3.2 – 3.84kW||$1650|
|$250-$300||12 – 14||3.84 – 4.48kW||$1900|
|$300+||14-22 panels||4.48 – 7.04kW||$3000|
*based on a consumer paying 30c per kW and consuming all of the power generated
Solar and Battery Savings
The below table provides indicative savings that can be achieved through a Solar PV and Battery installation. The table can help clarify payback periods based on expenditure vs savings.
You need more panels if you are purchasing Solar and Batteries compared to if you are just purchasing Solar. This is due to the need of now providing power to your Battery and making sure it is fully charged to allow you to have power at night.
Batteries provide power to you in a Power-Cut from the grid.
*based on a consumer paying 30c per kW
Solar Photovoltaic panels and Hot Water Heat Pumps work great independently but even better when paired together. Not only do they provide a renewable and efficient energy source, the economic savings to be had are much greater than with Solar PV panels on their own, Contact us to find out more!
Savings are only estimates and it depends on how you use your power and what you pay per kW for your power.