Six Solar Panels Are Installed In Australian Rooftops Every Minute

Many new homes are installed with the Gold Coast solar panel to be energy independent and enjoy the benefits of free electricity from the sun. However, you do not have to buy a new home in order to install solar panels. There are qualified electricians that can install properly designed solar panels that will suit the home and your energy needs.

The number of households in Australia with solar panels on their roof has passed the 2 million mark. The reason is increasing energy bills and the falling prices of solar panels. According to an analysis made by Clean Energy Regulator, more than one-fifth of all the homes in Australia have solar panels.

According to Warwick Johnston, managing director of consultancy SunWiz, the prices  of solar panels nationwide have never been this low and electricity has never been this high. This is the reason why last week’s data shows that the Sunbelt states of South Australia and Queensland are nearing rates of one third in all homes and twice the number in NSW and Victoria.

The first one million solar power systems were installed in February 2013. It had a total capacity of about 2.4 gigawatts. The second million had a capacity of 5.6 gigawatts. This proves that consumers have more than doubled the size of their average units. Consumers are over-sizing for future batteries and electric vehicles.

The government is preparing to introduce legislation that will require energy companies to lower their prices. However, consumers are not waiting for the legislation because solar panels offer annual rates of returns of more than 20% of their investment. High quality solar systems offer 5-year payback on the system and pays for itself 5 times over. An average of six solar panels is being installed in Australia per minute so that households will enjoy energy savings of $540 a year on average on their energy bill.

Customers can visit the website of Gold Coast solar panel if they want to enjoy the full benefits of solar. An extensive range of services can be provided that extends beyond simple installation of solar panels from innovative energy saving solutions to new ideas in energy efficiency.