As renewable energy continues to gain momentum worldwide, solar power is emerging as a promising solution to combat climate change and reduce reliance on fossil fuels.
Melbourne, our much-loved and truly vibrant capital of Victoria, boasts abundant sunshine throughout the year, making it an ideal location for harnessing solar energy. What’s more, with a huge range of Victorian government incentives now available, going solar is now more achievable than ever before.
- In this article, we will explore five key reasons why investing in solar panels in Melbourne is not only environmentally friendly but also incredibly beneficial from a financial perspective, including:
Melbourne’s abundant solar resource
- The cost savings involved with installing solar panels
- Victorian government incentives and rebates
- The environmental benefits of solar panels
- Increasing the value of your property
And guess what? With over 15 years of expertise in high-quality solar and all-electric solutions, your G Store team is here to advise you at every step of the way!
1. Melbourne has incredibly abundant solar resource
Great news, Melbournians!
As compared to other Australian and international cities, Melbourne enjoys an impressive amount of sunshine, with an average of approximately 2,200 hours of sunlight per year.
This solar resource presents a significant opportunity to generate clean, sustainable energy through the installation of high-quality solar PV panels. According to data from the Australian Photovoltaic Institute (APVI), Melbourne receives an average solar radiation of 4.11 kilowatt-hours per square metre per day.
This ample sunlight enables well-designed solar panels to produce electricity efficiently, even during cloudy days. Install solar battery storage alongside your brand-new solar panel system and you can be even more certain you’ll be taken care of!
2. You can start experiencing the cost savings of solar panels today
One of the most compelling reasons to invest in solar panels is the potential for substantial cost savings on energy bills.
With rising electricity prices in Australia, solar power offers an attractive alternative. The Clean Energy Council reports that a 5-kilowatt solar system in Melbourne can generate approximately 20 kilowatt-hours of electricity per day. This output can cover a significant portion of the average household’s energy consumption, resulting in reduced reliance on the grid and noticeable savings on energy bills.
Got a bigger household or not sure of your energy requirements? Don’t worry – we’re here to help! Just give our friendly, award-winning team a call today on 1300 766 940 to find out what size of systems will work for you.
3. A huge range of government incentives and rebates for solar are now available
The Australian government, at both federal and state levels, has implemented various incentives and rebates to encourage the adoption of renewable energy, including solar power.
The Small-scale Renewable Energy Scheme (SRES) provides homeowners with a financial incentive in the form of Small-scale Technology Certificates (STCs). These STCs can be traded and help offset the upfront cost of installing solar panels.
Additionally, the Victoria Solar Homes program offers rebates and interest-free loans to support residential solar installations, making it even more affordable to go solar in Melbourne.
Installing solar for the first time? You’re in luck: you’ve got a huge range of rebates available to you, depending on your specific circumstances and requirements. Get in touch with our wonderful team today to find out more: 1300 766 940.
4. Solar panels have undeniable environmental benefits
By investing in high-quality solar panels, Melbourne residents contribute significantly to reducing greenhouse gas emissions and combating climate change.
According to the Australian government’s Clean Energy Regulator, each kilowatt-hour of solar energy generated can prevent approximately 0.84 kilograms of carbon dioxide emissions. With a solar installation, households can make a tangible difference in reducing their carbon footprint and transitioning towards a more sustainable future.
And it’s not only solar panels that can help increase the energy-efficiency of your home – you can start small too! Many of our customers entering the energy-efficiency space for the first time consider:
Replacing a legacy gas/electric hot water system with a more energy-efficient alternative like solar hot water or heat pump hot water – check out some more info on heat pump hot water here
Installing a heat pump to facilitate high-efficiency HVAC heating/cooling in your home
Considering more energy-efficient alternatives to panel heaters or free-standing air conditioners
Put simply, you don’t need to start big – we can help you make a small change today!
5. Installing solar panels will increase the value of your property
The impressive benefits of solar panels don’t stop at their impact on the environment. Installing solar panels can also enhance the value of your property in Melbourne.
Solar-powered, energy-efficient homes are increasingly sought after, as buyers recognise the long-term cost savings and environmental benefits they offer. Recent research conducted by the University of New South Wales found that, on average, homes equipped with solar panels had a higher resale value compared to those without. If you pair your panels with solar battery storage, a heat pump, and other energy-efficient solutions, the value-add increases tenfold.
Imagine that – investing in solar panels not only contributes to a greener environment but also offers a potential return on investment in the future.
As the push for renewable energy continues to intensify, investing in solar panels in Melbourne proves to be an incredibly wise decision.
Melbourne’s abundant solar resource, coupled with potential cost savings, government incentives, environmental benefits, and increased property value, make solar power an attractive option for homeowners just like you – and you can join the movement today.
Ready to get started or learn more?
We can’t wait to meet you.