Solar Power Prices – Good value for high quality solar power systems.
Here are the prices* for solar power systems available through the Mallee Sun Solar Bulk Buy, as well as the bill savings you might expect in the first year. These prices are for standard installations and include GST. They do not include the Victorian Government’s Solar Panels Rebate which is worth up to $2,225 for eligible households.
3-4 year payback
Investing in solar is a no-brainer for most households – particularly if you can shift your electricity usage, as much as possible, to the daytime. That’s because you are using free electricity from your solar power system to run your appliances rather than having to buy it from the grid.
If you are eligible for the Victorian Solar Homes Rebate – worth up to $2,225 – the economic justification for going solar is even more compelling. Here’s an example…
- First you get a quote. Then you apply for the Victorian Solar Homes Rebate.
- Once you’ve received confirmation that you are eligible for the rebate, you place an order for (as an example) a 4.12kW Standard Solar System priced at $5,330.
- The actual amount of money you pay the solar supplier is $3,105 ($5,330 – $2,225).
- You check out your bill savings. If you are at the lower end of the estimated bill savings range**, you would be saving around $950 off your electricity bill in the first year.
The result? A payback on your solar system of just over 3 years!
Haven’t got the cash upfront to pay for the system, despite the rebate? No worries, the state government is also offering an interest-free loan, in addition to the rebate, repayable over 4 years. In some cases, this can mean you have no upfront cost whatsoever.
What’s the difference between the Standard and Premium Systems?
The difference between the Standard and Premium Systems is the inverter. (The panels are the same). Having said this, both inverters offered through this bulk-buy have a 10 year product warranty – so you get peace of mind that your solar power system is going to deliver the goods, no matter which one you choose.
Get the lowdown here on the inverters and solar panels available through the Mallee Sun Solar Bulk Buy.
Notes about the pricing and projected bill savings
*This is the pricing for the supply and installation of solar power systems for a standard installation and is indicative only. These prices are inclusive of the Federal Government’s Small-scale Technology Certificates and do not include the rebate available from the Victorian State Government under the Solar Homes program.
If you are eligible for the Victorian Solar Homes rebate for a solar power system, you will receive up to $2,225 off the cost of your solar power system which will be deducted from the price of your system. Prices are inclusive of GST.
To get accurate costings and a quotation for a Mallee Sun solar power system on your home or business, please request a quote at www.malleesunsolar.org.au/quote or register your interest by calling the bulk-buy team on 1300 466-274. Prices are subject to change without notice.
** This is an estimate of the amount of money you may save off your annual electricity bill based on a number of assumptions which include: each kW of solar installed generates 3.7 kilowatt hours of electricity per day throughout the year, you are buying your electricity from the grid at 25c per kilowatt hour on a flat tariff, you are exporting all the solar that you don’t use in the home and getting 12 cents per kilowatt hour for these exports. The lower amount in each range is where you use 40% of the electricity generated by your solar power system in your home, and that you export the rest to the grid. The higher amount in each range is where you use 60% of the electricity generated by your solar power system in your home and that you export the rest to the grid.
