Friday, September 6, 2013

Solar Power 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 power are many as you will make savings on your power bills, you'll cut back your carbon footemissions footprint as the quantity of energy that you use will be decreased and you'll find that solar energy is cleaner energy as it does not produce any pollutants.

As the installation costs of solar energy system can be excessive and also for increased inducement to make use of this cleaner form of energy, there is 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 quantity of energy it produces, the position of your house and REC price that you the owner of the house and the solar system installer will agree upon. One REC unit is the same as 60 minutes of electricity megawatt power. The more solar energy that you are able to generate using your solar system the more the savings you're able to get.

You must also note that REC costs change just like the exchanges. To get the most out of your REC units, you can cling on to them when the prices 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 that you aren't impacted by varying prices. You can trade your RECs on the stock market. The most effective way to profit from solar rebates is to seriously scale back your electricity use.

This is easy in Perth as the weather is typically sunny.




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