Business as usual - solar during COVID-19
It's business as usual for solar during COVID-19 with record numbers of home and business owners seeking to save money and increase their energy security. The record numbers of homeowners becoming self-sufficient are driving very healthy levels of growth to Australia’s rooftop solar market! Here are the key points you need to know about solar during COVID-19:
- Solar installers are still working (with social distancing in front of mind)
- Solar is an essential service
- Solar provides economic security (bill savings up to 75%)
- Solar provides energy security (via battery storage)
- Houses with solar are saving even more during COVID-19
- Solar finance options mean you can start saving for $0 upfront!
More time at home means huge power bills
Social isolation for most of us has meant that more family members are home during the day in our households. This increased energy usage means that the next power bill will be quite a shock! A recent study of smart meter data in the UK showed that households had increased their weekday energy consumption by up to 30% during COVID-19!!!
The Government has been signalling many more weeks and possibly months ahead of social isolating from home - meaning that it's going to be up to homeowners to find ways to **reduce their energy usage and avoid financial hardship.
Solar power flattens the curve on energy costs!
Solar is saving you money from the moment the panels are installed on your roof and connected to the network! The solar system does this by offsetting your household energy usage during the day when the system is producing energy and then feeding any excess power back into the grid! You get paid by your energy retailer for this excess power, and you're not paying for any of the solar power 'self-consumed' during the day, meaning that solar will flatten your energy usage and reduce your power bills by up to 75% for years to come!
The most common system size installed on family homes in 2020 is the 6.6kW solar system. This system allows you to maximise your solar rebate by 'overclocking' the inverter (as explained in our solar tips guide) and will provide you with at least $2000 per year in tax-free savings!!!