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INVESTMENT CASE FOR SOLAR POWER

 

When compared to other investments available in the market place, Solar Power is very attractive for a number of reasons:

 

Reduced Initial Capital Cost:

Depending on the size of your solar power system, the government contributes almost a dollar for every dollar you invest in the system through the creation of Renewable Energy Certificates (RECs)

 

Ongoing Returns:

With the Queensland Feed-in Tariff currently at 44c (minimum), the rate you receive is more than double the rate you pay for electricity. Importantly the agreement you sign with the utility company guarantees pricing through to 2028, giving you certainty as to the long-term viability of the investment.

 

Electricity Price Increases:

As the cost of electricity increases, so too does the value of your solar investment. This is because the electricity that you consume during the day effectively saves you more and more money and results in a rising benefit curve and improved return on investment as prices increase.

 

Potential Increase to Home Value:

Studies by the Appraisal Institute in the United States have shown that for every $1 reduction in annual energy bills, the value of a home increases by up to $20. The life of silicon-based solar panels can be up to 30 or 40 years, so any benefits derived from a solar system will almost certainly be transferred to the next owner.

Under the Queensland Government’s new Sustainability Declaration, it is now mandatory for people selling their home to complete a document that details the sustainability credentials of their property.

This declaration is to be made available to potential buyers and be clearly visible during all open homes. The visibility of this kind of information in the marketplace, will mean homes that have been fitted with sustainable technologies like solar will achieve better ‘green’ ratings than those that have not. This should also contribute to either a higher sales price or a more saleable property for the owner.

 

Investment Returns are in 'After-Tax' Dollars

The majority of investment returns from solar power are derived from unlocking the after tax expenses associated with quarterly electricity bills. This means any income from a solar system is effectively tax-free. Depending on the homeowner's tax rate, this can have a significant impact when calculating the investment return.

 

 

 

 

Now I've got my first power bill, I'm glad I went with a quality product! right qoute

- Mr. F.R. Tugun, QLD