Saturday, September 21, 2013

Solar Power Rebates in Perth

By Ian Milne


Solar energy has gained more popularity and more and more folks are using this alternative source of energy partially or fully. The benefits of using solar electricity are numerous as you will make savings on your electricity bills, you will cut back your carbon print as the amount of energy that you use and you'll find that solar energy is cleaner energy as it doesn't produce any contaminants.

Because the installation costs of solar energy system can be excessive and also for increased incentive 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 lots of elements such as the size of your solar system and the amount of energy it produces, the location of your house and REC price that you the owner of the house and the solar system installer will agree on. One REC unit equals 60 minutes of electricity megawatt power. The more solar energy that you're able to generate using your solar system the more the savings you can get.

You must also be aware that REC prices change just like the exchanges. To get the most out of your REC units, you can cling on to them when the prices are low then sell when they're higher.

To avoid all this altogether, you can take the standard discount from your solar system installer so you aren't influenced by changing costs. You may also trade your RECs on the stock exchange. The most effective way to profit from solar rebates is to seriously cut back your electricity use.

This is straightforward in Perth as the weather is mostly bright and sunny.




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