Over the past decade or so, solar panels have experienced a dramatic decline in expense to the point where they have gone from a huge cost factor to a rather minimal component.
Due to these standard fixed costs, wouldn’t it then seem logic to install a more efficient system despite their higher expense?
Over the past 10 years or so, solar PV (photovoltaic) panels have dropped in cost by about 60%. Largely due to global pressure on industrialised countries to be more eco-friendly and cut their rate of greenhouse emissions, the renewable industry has exploded to the point where it is starting to challenge the efficiency of fossil fuel power plants. In terms of Australia, the energy crisis we are currently experiencing is driving the nation to invest their futures into solar energy.
Not only is this a positive transition on our natural environment, but it has encouraged leading solar companies to invest extra time into research and design to create more efficient solar systems at an affordable price for consumers.
Over the past decade solar has dropped dramatically in price and highly influencing Australians to install rooftop solar at a record rate.
Right now, the installation costs of your solar system is controlling about 70% of the price of your rooftop solar. Because of the heavy application of install costs, experts have stated spending a little extra on a more efficient system will be a more economical investment in the future.
Massachusetts Institute of Technology researchers have found that due to the restricted size of a residential property’s roof and its even smaller area where solar panels can be placed for premium efficiency, selecting a better solar system comes out on top in the long term.
Why is the cheapest not always the best?
Although saving money on a large-scale investment like solar energy is important for all homeowners, you need to be sure your system can perform efficiently for its expected lifetime. As many solar investors typically go through a pre-arranged payback option, depending on your finance plan you may be making system repayments for as little as a few years to as long as 10 years.
Now, as it may be up to a decade before you begin making a real profit, you would want to know that your system will function to its average warranty lifetime of about 20 years. If you have read ‘6 things to watch out for when investing in solar’ the problem with a cheap brand is that it often comes from unreliable suppliers. These suppliers often promise performance and reliability at rock bottom prices, but it’s not uncommon to see a system break down before your repayment period has ended. At this point, the suppliers would have found a way to wriggle out of warranty clauses resulting in you being stuck with an inoperable solar system and have lost thousands of dollars.
Deceitful solar installation companies simply want your business and will install whatever system is the cheapest for them, whether or not it’s quality can be trusted. Source:www.inmyarea.com.
What should you expect from your solar and the installer?
Knowing that solar is a generally new technology, people are still unsure as to what system is best for them. Leading Australian solar companies have worked to understand how Australians use their power, and will personally assess your home to discover how you use your energy. This not only lets the company know what system is best for your home, but will give you a peace of mind knowing your system is perfect for you.
In the end, you may have to end up spending a little more on a system than some companies are offering, but you can rest assured knowing your system will perform at its designed capability for its entire lifetime. Renewable energy companies like AICA offer a system warranty of 25 years on the lifespan of their systems, and because that’s what they’re offering, a trusted brand as such will ensure that is what you will get out of your solar.
If you’re looking for reliability and system efficiency, the Energy division at AICA will ensure you never have to look at another competitor again.
Having been in operation for over a decade and executing thousands of solar installations Australia-wide, AICA have the knowledge, dedication and experience to get you off the grid and cut your power bills with the perfect solar system for you.
To find out more, contact the friendly AICA team on 1800 242 228.