Solar Energy Solutions -
Better for you. Better for the environment.
WHY SHOULD I BUY SOLAR?
What are the financial benefits of solar energy?
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future. How much you can save depends on the electricity rates and feed-in-tariff in your area, but going solar is a smart investment regardless of where you live.
How does solar impact my property value?
Studies have shown that homes with solar energy systems sell for more than homes without them. However, your property value will only increase if you own, rather than financing your solar system. In most instances, going solar will actually increase your property value more than a kitchen renovation.
What are the environmental benefits of solar energy?
Solar power, like other renewable energy resources, has many environmental and health benefits. Going solar reduces greenhouse gas emissions, which contribute to climate change, and also results in fewer air pollutants like sulfur dioxide and particulate matter, which can cause health problems.
How does solar affect future electricity rate increases?
With solar, when your electricity retailer increases its rates, it means more savings for you as your Solar generation is offsetting what you would have had to pay your electricity provider. The cost of energy has risen significantly over the past 1o years with another substantial price hike implemented July 2017. Solar makes sense more then ever before.
Am I paying for my neighbours' solar system now?
When a solar system is installed it creates renewable energy credits. Energy retailers have to buy these credits to offset their black energy. They pass this cost on to you in your electricity bill. The government does not pay, you do!
Without your own solar solution you are paying for everyone else who has solar already.It only makes sense to benefit from your own solar energy system! Find out how.
Reduce greenhouse gas emissions with your own solar energy system.
From The Green Guys Group.
WHAT ARE MY SOLAR FINANCING OPTIONS?
What are my solar financing options?
The Green Guys Group offer three solar financing options:
- Purchase your system outright.
- Take out a solar loan to buy your system – this is usually a lease or chattel mortgage, or personal loan, or;
- Make a Solar Power Purchase Agreement (PPA) with The Green Guys Group.
We can help you assess the costs and savings of each solar financing option; its calculations are based on your roof plus real quote data for your area. Most financing options are no deposit financing and the savings in some cases are cash flow positive with the system being paid off in 5-7 years, leaving the remainder of the systems life (25+ years) to pay an exceptional return.
What solar energy rebates and incentives are available for me?
There are two main Incentives; Federal Solar Incentives & State Incentives
Federal Solar Incentives
The Renewable Energy Target (RET) is the main driver of rebates at the Federal level, these take the form of Renewable Energy Certificates (RECs). This rebate for solar installations and is available anywhere in Australia. RECs come in 2 forms: Small-scale Technology Certificates (STCs) for renewable energy generators up to 100 kilowatts (kW), and Large-scale Generation Certificates (LGCs) for systems whose capacity is greater than 100kW.
In simple terms, when you install a solar system it creates renewable energy credits. Energy retailers have to buy these credits to offset their black energy. The energy retailers then pass this cost on to everyone in their electricity bill. The myth that the government funds this scheme is incorrect, they simply administer the scheme.
Every year the number of STC’s that can be created upfront known as the deeming period of 15 years reduces by 1/15 each year until the Scheme ends in 2030. (2016 was the commencement of the deeming period reducing each year. 2017 equation is now 14 years, 2018 is 13 years and so on). What that means is every year you wait to get solar the incentive you will receive to offset the purchase of Solar system reduces. Based on an STC price of $37, a 5kw system (Zone 3) in 2017 produced just under a $3500 Solar Incentive.
Another factor to consider is the price of the certificates which depends on the current solar demand. Too much demand and the prices fall. Since the scheme commenced the price of STC’s has ranged from $40 to $16. The STC price currently offers an opportunity to benefit well from the Solar incentive as the price has recovered well from its previous lows. The incentive is given at the point of sale by your solar installer in return for you assigning the rights to the certificates. Your solar installer will aggregate all the certificates from many installations and in most cases will sell them to energy retailers taking the hassle out of it for the purchaser.
In addition to RECs, most states also offer support for solar and other renewables via Feed-in Tariff schemes. Under these schemes system owners are paid for each unit of power that they export to the electricity grid. Eligibility for Solar Feed-in Tariffs depends firstly, on whether a state or regional scheme is in place, but other factors include date of system installation and system size.
Most states either currently have or previously had a Solar Feed-in Tariff in place.
Is solar an affordable option for me?
Is it better to buy my solar energy system outright or take out finance?
The decision to buy outright or to finance your solar system depends on your reasons for going solar. If you are interested in maximizing the financial returns of your solar system, buying the system outright is probably a better decision for you if you have cash sitting in the bank as the return will be greater to you then the bank will ever pay. However, if you do not have any spare savings then financing is also a great way to benefit from solar today as the savings will help you pay off the solar system typically within 5-7 years and in some cases it can be cash flow positive from day one.
How do I choose the best solar loan for me?
Help slow climate change and boost your property value.
With a solar energy solution from The Green Guys Group.
TOP QUESTIONS TO ASK YOUR SOLAR INSTALLER
What size system should I be looking to install?
This depends on several factors including:
How many panels you can fit on your roof.
The smallest system most companies will install is a 1.5kW 8 panel system. Panels measure on average approximately 1.7m x 0.9m.
How many people occupy the house.
Generally, the more people in the house, the bigger the system you’ll require and the higher financial return on that system.
Whether, or not, you own the property.
If you rent the property, it’s probably not worth installing a system unless you plan on staying there for longer than 5 years or you have a generous landlord.
How long you intend to occupy the property.
Systems generally take at least 4-6 years to pay themselves off.
How long will it take to pay off my system?
How long it takes to pay off your solar energy system is dependant on several factors;
- The size of system you install.
- The direction the panels face.
- The percentage of that production that you’ll use yourself and the percentage you’ll export to the grid.
- The Feed-in Tariff in your state.
- The amount you initially paid for the system.
All quotes and proposed solar energy solutions from The Green Guys Group comprise of a thorough and comprehensive turnkey quote. We also provide a detailed report and make sure to have one of our experts go through all the numbers directly with you and explain how the calculations work. We even provide the raw data to back up our calculations!
Can The Green Guys Group outline exactly what affects the solar energy system will have on my electricity bill?
Is shading going to affect my production? If so, by how much?
Shading outside of the hours of 8:00 a.m. and 4:00 p.m. will not be a problem.
Shading on one small area of the system does dis-proportionally affect production, so we will consider positioning on the roof as the first step.
It is worth considering pruning trees prior to installation if there is some shading on the roof during the day. If you think the trees will need pruning periodically, factor this expense in to your calculations.
Is roof pitch an issue?
Can The Green Guys Group provide me with a roof plan outlining where my panels will be placed?
This is essential as you’ll be looking at the system for many years to come. You definitely want it laid out in a way that looks good.
We will make sure we discuss this with you in detail prior to installation and we will agree on the location as part of the agreement. Then, we will ensure the installer on the day has that same plan and adheres to it.
There have been plenty of times in the market a situation where a plan will be done but an installer will install wherever they like. We will not tolerate this and will ensure the aesthetics of your roof are maintained as agreed.