Anita from Athelstone – Saving $1,404.80 during her first year
Electricity without Solar |
$1,029.80 |
Electricity Cost with Solar |
-$375.00 |
Anita and her family live in Athelstone and her home is surrounded with trees. Her yearly electricity consumption for 2019 was 2710 KWh. At an average cost of $0.38 cents per KWh, this would have cost a total of $1,029.80 for the last year.
Since Anita installed a 5kW solar system to her home, she has generated a credit of $375.00 for the year. With the total system costing $6,500, she will see a return on investment of 4.6 years. This system has a 12 year warranty, so any defects in the product or installation will be covered well after the system has paid for itself.
If Anita’s family decide to consume more electricity, her system will still cover her electricity needs for an additional 5,630 KWh that would have been exported.
KWh |
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Electricity Before |
2710 |
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Average cost per KWh |
$0.38 |
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Electricity Costs Before |
$1,029.80 |
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*The Import Average Cost KWh was obtained from https://www.canstarblue.com.au/electricity/electricity-costs-kwh/
Vicky of Kensington Gardens - Saving $1,274.90 during her second year
Electricity without Solar |
$741.00 |
Electricity Cost with Solar |
-$533.90 |
Vicki installed a 5.3 kw system with considerble shade, thanks to a sizable STC discount and a total outlay of $7,700 she added a battery in March for $5,500 that has boosted her savings and shrunk her grid consumption. This year was fantastic with a total saving of $1,274.00. Vickie has joined the Simply Energy VPP and recieves $ 5,100 over the next 2 years paying back the bulk of the battery cost. She had surplus energy of 4750 that she exported.
The return on investment for this installation is 6 years as indicated by the data below:
Consumption Before |
1950 |
Average cost per KWh |
$0.38 |
Consumption Costs Before |
$741.00 |
Consumption After |
|
System Production |
6230 |
Self Consumption |
1480 |
Export |
4750 |
Consumption |
1950 |
Import |
470 |
Consumption Costs After |
|
Export per KWh |
$0.15 |
Export Income |
$712.50 |
Import Average Cost KWh |
$0.38 |
Import Costs |
$178.60 |
Total Cost |
-$533.90 |
Savings |
$1,274.90 |
Return on Investment (years) |
6.0 |