Not all solar panels are created equal so when choosing a residential system, consider key factors to ensure you get the best buy, writes Liam Navon from Smart Energy.
Installing solar panels is an excellent investment for your home as it can significantly reduce energy expenses and even generate income through selling excess energy back to the grid. With energy bills expected to increase by up to 24 per cent in the second half of 2023, solar panels offer a great opportunity for customers to reduce their utility expenses.
However, not all solar panels are created equal.
With a wide variety of PV modules available in the Australian market, choosing the right ones can be daunting. Here are some important factors to consider when choosing rooftop solar for your home.
Energy efficiency
The efficiency of a solar panel is determined by the amount of sunlight it can convert into electricity. The higher the efficiency rating, the more power the panel can generate. Always choose modules with high energy efficiency ratings, which will provide greater savings.
Don’t be fooled by cheap deals
Invest in a high-quality solar system from a trusted installer and avoid cheap alternatives that compromise on quality, which lead to poor performance and costly repairs. Understand the warranty and maintenance requirements of your system, and ensure components have sufficient warranties.
Choose panels best suited to your home
There are three main types of solar panels: monocrystalline, polycrystalline and thin film. Monocrystalline panels are the most efficient but most expensive, while polycrystalline panels are less efficient but more affordable. Thin film panels are the least efficient but are highly flexible, making them ideal for curved surfaces.
Choose a reputable manufacturer
It is important to select panels from reputable manufacturers with a track record of producing high-quality and long-lasting modules. Research the manufacturer’s warranties and customer reviews before making a decision.
System size
The size of your solar panel system will depend on your home’s energy needs and the available space for installation. A professional solar panel installer can help you determine the appropriate size for your home, factoring energy consumption, available sunlight and roof size.
Government incentives
Consider government incentives available for solar panel installation in your area. Some regions offer tax credits, rebates or other financial incentives that can offset the cost of installation and help you save even more on your energy bills.
Liam Navon is national sales manager at Smart Energy.