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Don't just stop with installing Solar Power; why not look at other ways to reduce your power bill even further?
This is a list of basic steps that you can take to lower your power bills even further. Fallon Solutions can help you with some of these items, however the rest is up to you being proactive in order to achieve improved savings for your family.
It is commonly known that solar power uses the sun to create its energy. The Photo voltaic cells (PV) generate electricity when exposed to sunlight.
Photo voltaic (PV) solar panels are installed on your north facing roof of your premises. Those solar panels are made up of layers of semi-conducting material, (which are usually made out of silicon) that will generate direct current (DC) electricity from the sunlight.
The DC electricity needs to be converted to alternating current (AC) or 240v electricity which your premises actually uses. A Solar Inverter is used to make this DC to AC conversion. The electricity generated by the solar panels can then be used in your premises.
Inverters connected to the grid allow the generated power to be directed into your premises so it can be instantaneously used as you use power. Any extra electricity that is generated from the solar power system will be exported back into the grid.
With the current government regulations in Queensland, any electricity generated that is excess to your usage at the time it was generated, can be sold back to your electricity supplier to receive a Feed in Tariff. Apart from government rebates that apply to most systems, this Feed in Tariff should generate extra saving from your quarterly electricity bill.
Mechanical maintenance is not normally required because there are no moving parts and you can easily check the inverter on a regular basis to monitor how the system is operating.
You can easily maintain the system yourself, although some customers prefer to arrange us to perform a regular service and check for safety and performance levels to ensure the maximum efficiency of your system is being produced. It is a personal thing.
The panels work best when they are clean. So some panel cleaning is recommended.
Fallon Solutions can provide you with:
There are government rebates and incentives available for most residential premises depending on their geographical location. They are in the form of Small-scale Technology Certificates (STCs).
Small-scale technology certificates, or STCs, are a tradable commodity attached to eligible installations of renewable energy systems (including solar panels, solar water heaters and heat pumps).
Under the Federal Governments Small-scale Renewable Energy Scheme, eligible solar panel systems are entitled to a number of small-scale technology certificates (STCs).
The number of STCs is based on the estimated amount of electricity in megawatt hours (MWh) the system generates over the course of its lifetime. Also, the number can vary depending on the geographical location of the installation.
Your STCs can be assigned to a registered solar panel Agent (such as a retailer or installer) in exchange for a financial benefit, such as a discount off your invoice. Fallon solutions prices for our solar systems includes the assignment of the STCs to our supplier, resulting in the purchase price being discounted. This is our preference as it makes it easier for you and us.
You have two options in total. Our customers would normally accept option 1 as option 2 has the potential to save you more money, but it is a lot harder for you to manage and process, as well as there is also a risk of earning less income from the sale if not managed correctly.
Fallon Solutions will give you the option to sign over your STCs to our solar supplier at the time of installation for the current market value. The market for this commodity, due to the supply and demand of the STCs, can affect the price which can change daily depending on any industry movement.
This option is available for householders and companies, who can trade their STCs through the Federal Governments STC Clearing House for a set price. This price can change and is usually slightly higher than what is offered by our supplier, however there are some drawbacks in that there is a registration payment and there could be waiting periods for payments up to twelve months. You would need to go through the three steps of using this online option. Registering, Lodging and then Selling your STCs.
Pretty simple really. If you use your own solar power when your system is making it, you are effectively getting that power for free. (Example:- Saving you the approximate rate of approx 25 cents per kw.)
If you are not using all of your own solar power when your system is making it, the excess power is being sold back to the grid. (Example:- At approx 8 cents per kw, although some electricity providers pay well above the mandated rate up to 18 cents).
It all adds up, and your electricity bill will show you the savings and the income achieved. The better you use the free solar electricity, the more you save.
Your bill will definitely go down. How much depends on a few factors. Having a good understanding of how to maximise your savings, will give you the best results.
It’s very important to understand that your premises will use first the power that is produced by your solar system. That means that only your excess power generated that you don’t use will be sold back to the grid at the feed-in tariff rate. This also means that if you are using more power than you are producing on your solar system then the balance of your usage has to be bought from the power grid as normal.
So the best way to reduce your power bill is by trying to use as much of your power at the same time that your solar power system produces it during the daytime, and export as little as possible to the grid. It’s purely mathematical. That way, you’re getting most of your power for free instead of paying the higher peak rates of approximately 25 cents per kw.
In the Solar Bonus Scheme in Queensland the feed-in tariff is mandated at approximately 8 cents per kilowatt hour for power that is exported back to the main electricity grid. Also please note that some electricity retailers also offer higher than the mandated rates. You would need to shop around.
You would only get the feed-in tariff of the Solar Bonus Scheme when you have excess power that your solar power systems has produced that has not already been used in your premises.
The break-even point will be different for every premises depending on a few factors:
Our solar consultants can give you more information on the products mentioned below.
Internal Monitors – Lets you view the usage of the system from inside your premises.
Hybrid Battery Backup – New technology that allows you to store your power to use at peak times saving you even more money.
Remote Monitoring – Keep track of how much your solar is generating right from your phone.
All of the solar brands that Fallon Solutions supply have been selected due to their reliability and we envisage will perform well past any warranty period. On the chance that they do require warranty maintenance, we and our suppliers offer the following warranties:
We offer a limited lifetime labour warranty for solar system installation. If the work carried out is not to Australian Standards we will redo the work for free.
By using the sun you will have lower electricity bills, lower greenhouse gas emissions, avoid rising prices for electricity consumption, increase the value of your home just to name a few!!
Thinking about solar panels for the home? Ask yourself a few questions below before selecting a solar installation company:
With the Brisbane Climate hot enough to fry an egg in summer, why stop at breakfast knowing you can use the suns energy to save you money and benefit the environment!
A few reasons why you need to consider installing solar power in your home or business:
Mention WEB40 when you make your booking and we'll take $40 off your next job.
