If you are looking to invest in a Solar PV system, you need to be confident that you are choosing the system that works best for you and your home. A 5Kw Solar PV system is a good choice for medium to large households—and the system is the cheapest option out of all Solar PV system sizes.
The average cost of a 5kW Solar PV system ranges from $3900 to $8000. Solar system prices have significantly lowered In Australia and this is the best time to get it. While you can even find 5 kW solar systems that are below $3900, we would recommend that you stick with our range because at this price, you will get a quality solar system. It is also important that you consider buying a solar system that comes with a warranty and Australian-based customer support, this will ensure that you get the best bang for your buck.
If you are using 275W panels, then you will need 18 panels, and if you choose the 327W panels, you will only need 15 panels.
With a 5kW system, you can get up to 22 units per day, which is enough for a typical Australian household.
The electricity production depends on the location and positioning. The quality of the panel is also vital. You might be living in a sunny area with less cloud cover, which is ideal. However, if you are in a less sunny area, you will still generate electricity if you have a high-quality Solar PV System. Additionally, you should consider buying optimisers. We recommend that you buy high-quality systems because they are reliable and will give you the best results. This means that you will start saving money sooner.
Our Solar system technicians and installers will position your system in a location that absorbs the most sunlight possible. With our help, you will make electricity throughout the year.
The 5kW system has an average payback period of 2-4 years. You will save up to $300 per cycle (electricity bill cycle). That is more than enough for a typical household.
The amount you save is also dependent on your electricity usage. If you use most of your electricity during the daytime, then you will save more.
Yes, it will suit any household that has an electricity budget of $350 or more. A 5kW solar power system will suit an average Australian home unless the electricity usage is too high. You can get a solar audit before installing a Solar PV System.
It is important to find a CEC-accredited installer, this way you will be eligible for small-scale technology certificates (STCs).
Always go for a CEC-accredited company that has been in the business for a while and has the experience and expertise.
Solar panels produce electricity by absorbing light. This process is called the photovoltaic effect that helps convert sunlight into direct current. The inverter has the function of converting the direct current into alternating current for your home. Any excess energy is fed back to the battery storage system and the electricity grid.
Solar panels are made of several solar cells that are connected between a backing plate and protective glass. A typical solar panel is made from silicon and it usually has an aluminium frame.
Most home Solar PV Systems are multi or mono-crystalline. However, you must consider other aspects like warranties, quality, power output, and price.
Buying a 5kW Solar PV System is an ideal way to tackle energy costs. The solar system makes your home self-reliant, reducing the need to buy electricity from your retailer.
You will also be feeding in tariffs. Because when you feed the grid, you will get a feed-in tariff. This will help you save more money.
Installing a 5kW Solar PV System will increase the value of your property and can also increase the rental yield. Even if you decide to sell your home, if it has a Solar PV System, it is “hot cake”.
Take advantage of the Australian government solar rebate but make sure that your solar system brand is CEC approved. You are eligible for a rebate in many states, so don’t miss that chance.
You may want to consider going for a long term. You need a system that lasts you at least 25 years so that it guzzles up its cost and give you a significant amount of savings
These costs are based on the SA Power network in Adelaide but prices may vary depending on your circumstances. This comparison assumes a general energy usage of 4000kWh/year for a residential customer on Energy Locals Time of Use Tariff – (TOU – Peak, Off-Peak & Solar Sponge).
The reference price is set by the Australian Energy Regulator (AER) for a financial year in relation to electricity supply to residential customers in the distribution region and is based on an assumed annual usage amount. Any difference between the reference price and the unconditional price of a plan is expressed as a percentage more or less than the reference price. The terms of any conditional discounts are shown, along with any further difference between the reference price and the discount applied if a condition is met, expressed as a percentage more or less than the reference price.
