Benefits of Filling your Extra Roof Space with Solar Panels

Blog | April 18th, 2018

Solar feed-in tariffs are defined as subsidies, as payments made to non-commercial solar electricity generators. In plain English, solar energy systems, those installed in residential structures, can export surplus energy to the grid and pick up a subsidy in the process. A simple piece of arithmetic then suggests that the credit must increase as the generated energy rises. But wait, how do we produce more energy in that rooftop system?

Using Rooftop Real Estate

This kind of arithmetic makes a homeowners rooftop look like dollars blowing in the wind. By way of illustration, a home in the state of Victoria has a handful of solar panels covering its tilted rooftop, but the rest of the roofing is unoccupied. Basically, the sun’s heat is striking the roofing tiles and dissipating as a wasted opportunity. If the residence is a small cottage, that’s an unavoidable situation. But what if this is a large property? Even if we’re talking about a single-storey building, that structure could cover a lot of ground space. Now there’s room for extra solar panels.

Leveraging the Benefits

Fill the extra roof space with solar panels. Before doing so, talk to a local contractor and the solar energy technician to make sure the structure can handle the additional weight. Most times, this shouldn’t be an issue, not when the latest slender solar panels are installed. Anyway, back to tariffs talk, a subject budget conscious Australians can really get behind. The roofing surfaces are now fully packed with solar panels. This is a commendable investment, for the system purchaser now has access to solar feed-in tariffs. This is an incentive program that gifts solar-powered structures with credits or rebates or monetary compensation when surplus clean power is fed into the electrical grid.

Assessing the Cost Reduction Mechanism

Here’s a scheme that works differently from one state to the next. Please take a look at this at-a-glance tariffs table for state-relevant information. Essentially, Victoria-based residents receive an 11.3c credit rate when they take part in this feed-back energy incentive. The rates are different in Queensland, New South Wales, and so on. Furthermore, there are taxation restrictions and provider limitations that impact the rates. In short, these figures are in-flux, so a prospective tariff program adoptee should keep on top of these changes.

There are times when basic arithmetic serves us very well. In this case, there’s a proportional increase in cleanly generated solar energy when more solar panels are fitted on a rooftop. If space is available, fit the extra panels and make the surplus energy work for the property. Then use the tariff feed-ins to create a supplementary income stream, or simply use the credits for a handy rebate.

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