The benefits of partnering with Green Future Energy to go Solar.
Installing a solar system is one of the single best investments you can make at this point in time with an average rate of return on investment of 25% p.a. and an average payback of 4 years. In Australia we are paying some of the most expensive electricity prices on the planet. Harnessing energy free from the sun is a significantly more efficient way of generating electricity as opposed to electricity generated from fossil fuels, by reducing your reliance on fossil fuel mining companies, power generation companies, energy distribution companies and energy retail companies.
Taking control of your energy production and consumption allows you to be free of the energy market price increases affected by corporations and government policy. You can also be free of future grid failures caused by natural disasters.
Installing a solar system reduces carbon emissions by tonnes year on year and the generation of electricity is renewable in the fact that the sunlight resource among wind, rain, tides, waves and geothermal heat is not going to be exhausted unlike fossil fuels.
Partnering with a local solar energy business helps create future prosperity in the local community by ensuring that capital spent remains in the local economy circulation. Creating secure jobs for local community members.
The Australian Federal government has been aware of the importance of transitioning away from fossil fuels and towards a renewable energy future. Supporting this transition, the government offers small-scale technology certificates (STC’s). There is no better time than now to take advantage of the government incentives. An owner of a typical 8.8kW system will be granted 109 (STC’s) equivalent to approximately $3945 after installation. At the end of every calendar year the amount of STC’s granted to any owner of a new system installation are reduced. In this instance reduced by 12 STC’s equivalent to $434 in 2023.
It is expected that the price of solar system equipment will continue to decrease due to manufacturers releasing improvements in cell efficiency and panel design but at a much slower pace than in the past. Many of the efficiencies of production have already been adopted through automated robotic driven factories of large scale. With the STC’s rebate reducing year on year system retail prices have levelled out over the last couple of years and may continue to do so with the potential of STC’s rebate reductions out stripping any further reductions in solar system equipment, battery storage aside.