YES Ushers in a New Dawn to slash rising energy costs

Let’s talk about grid parity for a moment, that’s the point at which solar power becomes as cheap as grid power.

If you go back and look over your old power bills you’ll notice they always seem to be going up, one year to the next, to the next with no end in sight. You’re probably not far wrong! As fossil fuel reserves dwindle the price is set to skyrocket. Factor in the everyday cost of living increasing as well, and your car isn’t going to get any cheaper to run either.

A solar system will produce as much power as it gets sunlight for its entire lifetime, barring extended periods of bad weather, that’s a long time of virtually constant power. Here’s the best bit, you pay for it once! On top of that, state feed-in tariffs allow you to be paid for the power you generate at a figure many times retail price. For example, in NSW for the next seven years you’ll get paid four times the retail price of electricity for every metered kilowatt hour you generate. You just get that!

If you are really careful with your power and end up generating more power than you use, you’ll be earning income from your panels, and the most lucrative way to do that is by putting a monster on your roof.

Most state feed-in tariffs cap at 10kW, so you have plenty of room to exploit this incentive, and a 3kW solar power system should do the trick for your family’s needs.

The world of grid parity is not some magical faraway land, it’s achievable and it will happen in a few years as the price of electricity goes through the roof. After your system pays itself off, it starts generating income for you, sounds like a new dawn to us.