Why is now a good time to go solar?

Q. Why is now a good time to go solar?

A. Here are just six good reasons.

  • Rising Electricity Prices
  • Cost of solar systems are at an all-time low
  • The sooner you buy, the sooner you save
  • Proven technology of world-class quality
  • Solar Power Is Sustainable, Clean and Reliable
  • We take care of everything

 

Rising Electricity Prices
Australia’s energy retailers are increasing power prices year on year because of the rising costs of generation and distribution of electricity.
The cost of generation has risen because of several reasons, including high levelized costs of marginal generation (usually diesel or gas-fired thermal power), electricity supply being unable to meet peak demand events in the market, high margins being charged by electricity producers, rising cost of domestic gas, and the retirements of baseload power plants without adequate replacement strategies.
The price of distributing energy has also increased and is being reflected in rising network charges. This is because Australia has an extremely large electricity network and a lot of money goes into maintaining the poles and wires that convey electricity from power plants to homes and businesses, as well as creating new parts of the network to meet new generation and new demand areas.
With the Bright Energy solar solution, you get price certainty on a fixed portion of your bills over the medium to long term, saving you money and allowing you to re-invest into your organisation.

Cost of solar systems are at an all-time low
Solar systems are cheaper than ever, thanks to technological strides, the price of solar modules has dropped by more than 75% in the past five years. This price drop also means that the average size of a solar system has more than doubled, resulting in a far bigger impact on your electricity bills. Which is great news for budgeting and saving!

The sooner you buy, the sooner you save
While you might be tempted to hold on and see if the price of solar power systems falls even further, putting off your purchase may not necessarily make financial sense. Energy prices are already high and forecast to go higher, but solar power costs are at an all-time low. In fact, the overall cost of solar power across Australian capital cities now actually sits below retail grid power prices. Whilst the cost economics are set to continue to place downward pressure on prices, the year on year cost savings are not material, which means that most of the cost benefits of waiting have been realised. That means now is a great time to go solar.

Proven technology of world-class quality
Constant innovations in the field have seen solar panels increase in quality, rapidly improving efficiency, energy yields, and duration. Bright Energy seeks to procure solar systems that are designed and engineered to last over 20 years in the harshest of Australian conditions, with minimal maintenance requirements. This means the solar system placed on your site will continue to abate a healthy portion of your energy bill, with the average system forecast to pay itself off after approximately 7 years.
At the end of a contract with Bright Energy where you receive full system ownership, you will gain the benefit of clean energy generated that costs nothing to you for a long residual period of the system.

Solar Power Is Good for the Environment
The most commonly known fact about solar energy is that it represents a source of clean energy and is a great way to reduce your carbon footprint. Solar power is self-sufficient and installing solar panels on your roof is a safe and easy path to contribute to a sustainable future.

We take care of everything
Most importantly, we really do take care of everything. Often a difficulty with owning solar is participants are unsure of how big a system they should get, and once they purchase solar, there is the potential for owners to be unsure of who to contact or what to do if they experience an issue with their system years down the track. With a solar solution from Bright Energy, you can rest assured, knowing we will size a system that suits your needs (including any future plans you have for your site), we procure the best configuration of panels and inverters for you, we use quality engineering and workmanship in installing your system, and then we are there with you every step of the way for the long term in ensuring anything relating to your solar system is taken care of.