How Much Does Solar Cost in Albury? Solar Power Pricing Albury, NSW, 2640

Solar Power Pricing & Statistics For Albury

 

On This Article:

• Solar Panels Pricing and Financial Information
• Costs of Installation in Albury
• Government Solar Rebates for Albury
• Overview of a 6.6kW Solar System for Homes in Albury
• Optimal Solar Panel Placement
• Investment vs Return

 

Albury Solar Power Statistics

Albury, located in New South Wales, has a total of 19,533 homes in the 2640 postcode area. Out of these, 5,968 homes have solar installations, resulting in a solar penetration rate of 31%. This shows that a significant portion of Albury homes are leveraging solar power for their energy needs​.

 

Many households also choose to add a battery to their solar system. When you install a home solar battery system, you can store the energy you produce and use it in the evening or on cloudy days.  – Energy.nsw.gov.au

 

Comparison with Averages

When comparing Albury’s solar penetration to broader averages, the figures are quite informative. The state average for New South Wales is 31%, matching Albury’s rate, while the national average in Australia is slightly higher at 34%. Berrigal, the leading suburb in NSW, boasts a remarkable 66% solar penetration rate, demonstrating the potential for even higher adoption.

Comparison with Neighbouring Areas

Albury’s solar adoption rate is commendable compared to some neighboring regions. For instance, Corrowong has an 18% solar penetration rate, Bibbenluke stands at 32%, and Ando at 22%. These comparisons highlight Albury’s proactive stance in embracing solar energy within the region.

 

 

Financial Impact

The financial benefits of solar power in Albury are substantial. In the past year, Albury homeowners collectively saved an estimated $11,524,094 through the use of solar energy. These savings underscore the significant economic advantages of investing in solar power.

Solar Panels Pricing and Financial Information

Pricing

The cost of a 6.6kW solar system in Albury typically ranges from $3,000 to $4,000. On average, you can expect to pay around $4,000 for a standard system. The price varies based on the quality of products chosen, with cheaper, low-end options available as well as premium offerings. For those seeking top-tier panels, Tindo Solar Panels offer a premium, Australian-made option featuring a 25-year repair and replacement warranty​.

 

A modern-day 6.6kW solar system using 330-watt (W) to 400W modules will consist of about 17-20 solar panels. This number has reduced a lot over the last decade. – Solar Choice

 

Costs of Installation in Albury

Installation costs for solar panels in Albury can range from $4,100 to $9,028. Several factors influence these costs, including the location of the property, the size and capacity of the solar system, and available government incentives.

Solar Performance and Savings in Albury

A well-performing 6.6kW solar system in Albury can generate approximately 24 kWh/day, with about 50% of this energy consumed at home and the other 50% exported to the grid. This setup can result in annual savings on power bills of around $2,004. Given these savings, the simple payback time for the investment is approximately 2 years.

 

 

Solar Financing in Albury

Financing a $4,000 solar system over 5 years can be a viable option for many homeowners. The estimated financing cost in the first year would be around $973, assuming an 8% interest rate calculated monthly. With potential savings and the right financing plan, it’s possible to achieve cash flow positive financing.

Government Solar Rebates for Albury

Both residential and commercial buildings in Albury are eligible for the Federal Government’s Small Technology Certificate (STC) scheme. This scheme offers significant rebates, such as $4,588 for a 10kW system in Zone 3 (Albury). It’s important to note that rebate conditions can fluctuate, so consulting a solar professional is advisable to get the most accurate and up-to-date information.

 

While the cost of the system is an important consideration, your buying decision should focus on the savings and value of the system. – Solar Calculator

 

Overview of a 6.6kW Solar System for Homes in Albury

Popularity and Benefits

The 6.6kW solar system is a popular choice among Albury homeowners due to its affordability, appropriate size, and ease of grid connection approval. This system offers a balance of cost and performance that suits many residential needs.

Key Considerations

When considering a 6.6kW solar system, it’s important to evaluate the pricing, expected energy yields, and overall investment attractiveness. These factors will help ensure the system meets your energy needs and financial expectations.

System Specifications

• Number of Panels and Area Required: A typical 6.6kW system comprises 18 panels, each rated at 370W. This setup requires a roof area of 37-40m². Additional space may be needed if tilt frames are used.
• Inverters: Despite the system being 6.6kW, a common inverter size is 5kW. This is because 5kW inverters are pre-approved for grid connection and are more common. Overclocking a system with a 5kW inverter can yield higher energy production in the mornings and afternoons, though peak production is capped at 5kW.
• Energy Production: Energy output can be influenced by several factors, including location and local climate, the orientation and tilt angle of the panels, and shading on the panels. The performance of components, such as panels and inverters, also plays a critical role. The direct impact of sunshine on energy yields makes the location a vital consideration.

 

 

Optimal Solar Panel Placement

Best Orientation in Albury

For optimal performance in Albury, solar panels should be oriented north at a 36-degree angle. This positioning maximizes exposure to sunlight, enhancing energy production​.

Common Issues

Non-optimal roof orientation or pitch can pose challenges to achieving maximum efficiency from solar panels. It’s crucial to assess and, if necessary, adjust the installation setup to mitigate these issues.

 

For a well performing solar system in Albury, we estimate that the electricity generated will be approximately 24 kWh/day. – 3quotes

 

Additional Resources

Online Resources

Watters Electrical offers an easy-to-use online solar quote tool to help you get started with your solar journey. You can find it here: Easy Online Solar Quote.

Professional Consultation

For detailed financing options, it’s wise to consult a professional financial advisor. Additionally, a solar professional can provide insights into rebate conditions and help design the optimal setup for your needs.

 

Investment vs Return

Investing in solar power in Albury is not just an environmentally conscious decision but also a financially sound one. With substantial savings on electricity bills, favorable government rebates, and the potential for quick payback periods, solar power is a compelling option for homeowners in the region. Watters Electrical stands ready to assist with expert installation, maintenance, and tailored solar solutions to meet your energy needs.

By making the switch to solar, Albury residents can contribute to a sustainable future while enjoying the economic benefits of renewable energy.

 

Disclaimer:

The information in this blog is accurate as of June 11, 2024. Information concerning government incentives, rebates, and financing options is continuously evolving. Readers are advised to consult with Watters Electrical directly by requesting a quote or with government resources for the most current information. While Watters Electrical aims for relevance, ongoing accuracy cannot be guaranteed. Use this blog as a starting point, and seek professional advice based on your circumstances.