Thursday, September 19, 2013

Solar Power Rebates in Perth

By Ian Milne


Solar energy has gained more recognition and more and more people are using this alternative source of power partially or completely. The advantages of using solar power are many as you will make savings on your electricity bills, you will scale back your carbon print as the quantity of energy that you use and you'll find that solar energy is cleaner energy as it doesn't produce any pollutants.

Because the installation costs of solar energy system can be prohibitive and also for increased motivation to make use of this cleaner form of energy, there is a system of solar rebates in Perth available.

When you install a solar system in your house then you qualify for solar rebates in Perth using Eco-friendly Power Certificates (RECs). This is worked out using a lot of factors such as the size of your solar system and the quantity of energy it produces, the position of your home and REC price that you the owner of the house and the solar system installer will agree upon. One REC unit is equal to one hour of electricity megawatt power. The more solar energy that you can generate using your solar system the more the savings you are able to get.

You need to also note that REC prices change just like the stock markets. To get the most out of your REC units, you can cling on to them when the costs are low then sell when they are higher.

To avoid all this altogether, you can take the standard discount from your solar system installer so that you aren't impacted by fluctuating prices. You may also trade your RECs on the exchange. The most effective way to gain from solar rebates is to seriously cut back your electricity use.

This is straightforward in Perth as the weather is generally sunny and sunny.




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