How long will it take to pay back my solar system?
To understand some of the financial benefits of going solar, try our handy solar payback calculator. It can provide a general estimate of how much you could save, along with other valuable information like the estimated payback period of your system and how much energy your solar power system could generate.
While our solar payback calculator is a useful tool, it’s important to know that the payback period of your solar system will depend on your unique circumstances, like how much electricity you use, when you use it, the size of your system and how much your system cost initially.
Plus if you're eligible for the Renewable Energy Buyback Scheme (REBS), we'll also buyback any excess energy you export back to the grid.
Things like the climate, the angle of your solar panels, shading, dirt on the panels and temperature also play a part in how much electricity is produced by your system, which in turn affects how much electricity you could save in the long term.
Don't forget to talk to your solar installer as well. They'll be able to help you understand how much you could save in your specific situation.