Friday, September 13, 2013

Solar Energy Rebates in Perth

By Ian Milne


Solar energy has gained more renown and more and more people are using this alternative source of energy partially or absolutely. The advantages of using solar power are numerous as you will make savings on your electricity bills, you may scale back your carbon emissions footprint as the amount of energy that you use and you will find that solar energy is cleaner energy as it does not produce any pollutants.

As 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 home then you qualify for solar rebates in Perth using Renewable Energy Certificates (RECs). This is figured out using a number of factors like the size of your solar system and the quantity of energy it produces, the situation of your house and REC price that you the owner of the house and the solar system installer will agree upon. One REC unit is equal to 1 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 should also be aware that REC costs change like the exchanges. To get the most from your REC units, you can cling to them when the prices 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 you aren't impacted by changing prices.

You may also trade your RECs on the stock exchange. The best way to benefit from solar rebates is to considerably scale back your electricity use.

This is easy in Perth as the weather is generally bright.




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