Thursday, September 12, 2013

Solar 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 advantages of using solar electricity are numerous as you will make savings on your electricity bills, you may reduce your carbon footemissions footprint as the amount of energy that you use will be decreased and you'll find that solar energy is cleaner energy as it does not 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's a system of solar rebates in Perth available.

When you install a solar system in your house you will 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 amount of energy it produces, the position of your home and REC price that you the owner of the house and the solar system installer will agree on. One REC unit equals 1 hour of electricity megawatt power. The more solar energy that you are able to generate using your solar system the more the savings you are able to get.

You must also be aware that REC costs change just like the exchanges. To get the best from your REC units, you can cling to them when the costs 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 prices. You may also trade your RECs on the stock exchange. The most effective way to benefit from solar rebates is to seriously scale back your electricity use.

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




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