Generate Your Own Electricity

Generate Your Own Electricity

The installation of solar panels on your home will generate a significant amount of your electricity needs and reduce your household's greenhouse gas emissions. A 1.5kW system will save approximately 2.7 tonnes of CO2 emissions per annum (compared to coal powered electricity).

In addition to the environmental benefits there are other good reasons to install solar photovoltaic systems in your home including:

  • Reduced electricity bills. With solar power you could draw less electricity from the grid, because the electricity your solar panels generate helps to power your home. In addition, some states offer feed in tariff incentives to further support the generation of renewable energy.
  • Insulate yourself from future electricity price rises. It is expected that electricity prices will rise substantially in coming years. If you create your own electricity you will mitigate the affects of these rises.
  • Improve the value of your home. The addition of solar photovoltaic systems to your home may also increase the value of the property.

These factors make a compelling case for exploring the installation of solar panels to your home.

Electricity feed-in tariff

 

The Victorian Feed-In Tariff scheme rewards households and businesses with a financial return when they generate renewable electricity that they feed back into the grid.

 

There have been a number of changes to the Victorian feed-in tariff scheme, which continues to be under review. We suggest you undertake your own considered research before deciding on installing a renewable power system such as solar panels.

 

For more details visit the Energy and Resources website.

 

Why is this action important?

To promote a sustainable future, we need to harness renewable, local and abundant energy sources - such as sunlight. This action can ensure the electricity you are consuming at home comes from a clean, non-polluting source with a cost-effective investment in sound technology and a generation of long-term returns (financial, environmental and intergenerational).


Last Updated: 04/01/2016

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