Thursday, 12 September 2013

Solar Power Rebates in Perth

By Ian Milne


Solar energy has gained more popularity and more folks are using this alternative source of energy partly or fully. The advantages of using solar electricity are many as you will make savings on your power bills, you'll reduce your carbon emissions footprint as the amount of energy that you use will significantly decrease and you will find that solar energy is cleaner energy as it doesn't produce any contaminants.

As the installation costs of solar energy system can be prohibitory and also for increased inducement to make use of this cleaner form of energy, there's a system of solar rebates in Perth available.

When you install a solar system in your home then you qualify for solar rebates in Perth using Green Energy Certificates (RECs). This is worked out using a number of factors like the size of your solar system and the amount of energy it produces, the position of your house and REC price that you the owner of the house and the solar system installer will agree upon. One REC unit equals 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 like the exchanges. To get the most out of your REC units, you can cling 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 affected by varying prices. You may also trade your RECs on the stock market. The most effective way to profit from solar rebates is to seriously cut back your electricity use.

This is simple in Perth as the weather is mostly sunny.




About the Author:



No comments:

Post a Comment