Many of us have thought about installing solar panels, especially when that time of year rolls around when electricity prices seem to jump through the roof. But then we see those advertised prices stretching into the thousands of dollars and all of a sudden it just seems more beneficial to stay with our current electricity provider. But how much should you really pay for solar?

Commercial solar systems at Green Star Solar Pty are similar to that across the country, and with prices running from $2000 – $8000 on a general basis there is an option for almost every budget. As with anything you should buy the best option that you can afford; you will though need to factor in any extra costs which can include surcharges for two storey houses, if any specific hardware is needed to install the panels on your roof and mountain frames. Due to these surcharges, it can be beneficial to get quotes from a number of installers, as that price that looked cheap could turn out to be quite expensive once extras are added on.

While looking at the initial cost of solar is one of the first steps you should do, you need to follow this up with looking at the different returns you could make from different energy suppliers. With solar, any extra electricity that your panels make that you don’t use is fed back into the electricity grid which can earn you up to 40c per kilo watt produced as a rebate on your electricity bill. You also need to get an idea of what solar can save you on your power bills and how quickly the initial cost could be paid back.

One great thing about solar is that it isn’t just useful for your general electrical use. You can also use solar to run your hot water system and you can get some solar systems which can be used to heat your pool during winter; both of these options can save you even more money off your electricity bill and last for a lot longer than your hot water system or pool heater will.

If you are thinking of installing solar panels in Newcastle there are a lot of companies out there who can install these for you. As each company is slightly different in the product they supply as well as the level of service they supply it is a good idea to look around and compare suppliers to get the best deal for you. A good solar provider will be able to give you information about the panels, what will suit your roof and what type of system will suit the size of your family.

Solar is a long term investment that is great for the environment and even better for electricity bill reduction. With your initial investment paid off in a short number of years, you could be enjoying the benefits of low electricity bills for a long time to come.