Solar power systems mainly consists of solar panels and inverter. Solar panels convert solar radiation into Direct Current (DC) which then flows into an inverter. The inverter converts this DC into Alternating Current (AC) which can be used in home. Any unused electricity generated during the day time is fed into the grid.

Through the Federal Government’s Solar Credit Scheme you can avail thousands of dollars as discount to purchase a new PV system. You then get paid for any excess electricity you export to the grid.

Solar PV systems are usually rated in terms of kilowatts (KW) which is the ‘peak’ capacity of the panels used in the system. Until 2018, the most common residential system was 3 kW. These days, 6.6 kW systems have become the standard. A 6.6 kW system which produces a daily average of 28 units can cut down your electricity costs and earn you savings of approx. $5/day. You can save even more by using energy intensive appliances like dryers, washing machines, etc only during the day time, when your solar system is running and is producing excess electricity. These savings will definitely depend on the seasons.