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How much will I save with a solar energy system?
Get ready to save money on your electric bill each month while also helping save the environment. Your family’s energy usage and the size of your solar energy system installed will determine the size of your savings.
The amount you save with a solar energy system depends on several factors. These include your current energy consumption, local electricity rates, system size, available sunlight, and any incentives or rebates. Generally, home solar panels can significantly reduce or even eliminate your electricity bills. Over time, the savings can accumulate as you generate your own clean energy. Our Partner installers will help you choose the right solar technology and can help estimate potential savings based on your specific circumstances.
Are solar panels worth it?
Solar panels can be a worthwhile investment, especially in regions with abundant sunlight and favorable incentives. They offer numerous benefits, including cost savings on electricity bills, reduced environmental impact, and potential increases in property value. Solar panels typically pay for themselves over time through energy savings and potential government incentives, making them an attractive option for many homeowners and businesses interested in sustainable energy solutions and long-term financial benefits. The return on investment, however depends on factors like your energy consumption, location, available incentives, and long-term goals. That's why we recommend to conduct a thorough evaluation and consult with one of our solar professionals to determine the specific economic and environmental advantages for your situation.
What's the average payback time for a home solar panel installation?
The average payback period for a solar panel installation can vary based on factors such as location, system size, energy consumption, panel technology and available incentives. On average, payback periods range from 5 to 10 years. This means that after this period, the cumulative savings on energy bills typically offset the initial investment.
Will my solar panels work on cloudy days?
Yes. However, it may produce less electricity depending on the density of the cloud cover.
Are SunPower solar panels better?
Not all solar systems are created equal. Of all solar panels on the market, SunPower panels convert more sunlight into electricity. This means our solar panels generate more power than conventional panels1 within the same amount of space and you’ll need fewer solar panels to produce the energy you need. You can maximise your available roof space to choose the best, unobstructed location for electricity production. You'll save more money on electricity costs over time with SunPower.
Does my system work at night?
Sunlight must be present for the system to generate electricity. At night, your system will hibernate, and your inverter will display a blank screen.