Are you considering reducing your electricity bills in Coffs Harbour, NSW? If yes, you can significantly reduce your bills on electricity by installing solar power. Coffs Harbour experiences a subtropical climate of hot and humid summers with cold to mild winters, ideal for installing solar energy. Installing solar power is not only a good investment for tremendously reducing your bills but also adds value to your property.
Coffs Harbour’s Solar Energy Power
According to statistical data from the Australian Photovoltaic Institute, nearly 30% of Coffs Harbour’s residents have installed solar power. If you are looking forward to installing solar panels, you should consider the peak sunlight hours you receive. According to statistics, every square metre of rooftop receives an annual average of 5.2 hours of peak sun per day. But it can differ from every household and business centre depending on the location, the surface area of your roof and the surroundings. It can also go higher in the summer and lower in the winter. So, according to the peak sunlight hours, your average output will vary.
Depending on the average peak sunlight hours, here is a rough calculation for you to understand the average daily output in Coffs Harbour, NSW.
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How Can You Reduce Your Electricity Bill
In Australia, an average family uses electricity anywhere from around 18KWh to 50Kwh per day. However, the averages are calculated from different variations in households. Hence the electricity bill can cost up to $5,500 per year. But you can reduce the bill not only by installing a solar panel but also by making use of it effectively.
Firstly, when power is generated by the solar panels, you will start using it for all your household appliances. Most importantly, try to utilise the power in daylight hours to reduce your electricity bill. If your solar power system is big enough, then the power generated is more than sufficient for all your household needs. In this way, you can reduce your electricity bill by utilising maximum solar power for your household.
Secondly, the extra power generated is fed back to the grid, where you can be eligible for the solar feed-in tariff. However, the amount payable to you varies with the local retailers. The Independent Pricing and Regulatory Tribunal (IPART) regulates the benchmark rate for the solar household. The current rate ranges from 6c per KWh to 7.3c per KWh.
However, the feed-in tariff rate keeps changing according to the wholesale electricity price. You can also check for the varying feed-in tariffs for different times of the day, set according to the energy demand.
The Offers by NSW Government
The New South Wales government also offers various discounts for boosting solar energy.
- Under the Empowering Homes scheme, the government offers an interest-free loan for eligible homeowners to install solar battery system. For a solar photovoltaic and battery system, you get a loan of $14,000 which is repayable for up to 8 years over a range of terms. For modifying or retrofitting a solar battery to the existing battery, you get a loan of $9,000 which is repayable for up to 10 years over a range of terms. So eligible homeowners can opt for this.
- The government also offers a free solar system for low-income households. By doing so, the electricity bills can be cut up to $600 per year.
- It also promotes joining a virtual power plant. By doing so, you can earn money from the electricity stored in your battery.
Contact Always Energy for more information about the solar power installation in Coffs Harbour, NSW. At Always Energy, our team is committed to providing quality service and maintaining strong bonds with our customers. As an accredited member of the Green Energy Council, we also offer service in Port Macquarie, Newcastle, Taree and Nambucca Heads. Call us today for a free quote in Coffs Harbour!