Net Metering: Net metering is another way for Solar system owners to offset their electricity bills by allowing them to receive credits for any excess electricity they generate and feed back into the grid. This can help reduce the overall cost of electricity for homeowners with Solar panels.
Solar Rebates: Some states and territories in Australia offer rebates or financial incentives for installing Solar panels. These rebates can help offset the upfront costs of purchasing and installing a Solar system, making it more affordable for homeowners to go Solar.
Solar Loans: Some financial institutions offer low-interest loans specifically for Solar panel installations. These loans can help homeowners finance the upfront costs of purchasing and installing a Solar system, with the savings on electricity bills helping to repay the loan over time.
Solar Leasing: Another option for homeowners who may not have the upfront capital to purchase a Solar system is to lease the equipment. With a Solar lease, homeowners can pay a fixed monthly fee to use the Solar panels and benefit from the electricity generated, without having to pay for the equipment upfront.
It’s important for homeowners to research and compare the various financial incentives and options available in their region to determine the best approach for going Solar. Consulting with a reputable Solar installer or financial advisor can also help homeowners navigate the process and make informed decisions about investing in Solar energy.
