FAQ’s

How do Batteries work?

Solar Panels generate energy only during the day when the Sun is shining. All electricity produced by them must be used in real-time. The excess or unused energy produced during daylight hours can be sold to the grid using feed-in tariffs (FIT). However, recent changes meant massive decrease in FIT, making it not profitable for you to sell, as you get compensated next to nothing (approx. 8 cents). Then when you need electricity when the Sun goes down, you end up buying the electricity from the grid at super high rates (up to 40 cents).

These recent changes to FIT mean you benefit the Electrical company, not yourself.

If the energy generated by your Solar during the day is not saved for use later all your energy needs after 5pm must be met by buying electricity from the grid. Also, since the sun doesn’t shine all the time, even in summer, you’re never going to be able to generate enough to save significant money from having solar alone.

That’s where a battery comes into play.

A battery is an energy storage system that stores excess of your FREE electricity from solar panels, so that any electricity that isn’t used immediately is stored for later use, when the sun is not active enough for your solar (approx. after 5pm in summer and 4pm in winter). By storing excess energy and making sure you always have access to your FREE electricity at the evening you save money.

Your battery allows you to use your solar panels as effectively as possible. In fact, the right battery can help you to intelligently utilise your FREE solar energy your panels produce – from around 25% to as much as 80% (for an average solar home) – and dramatically reduce your energy bills.  Saves you big money from buying electricity from the grid at high rates after 3 pm.

Is it true that I can expect up to 116% Return on Investment if I buy Solar + Battery?

116%* Return on Investment

Do you want to know how one of our many customers got a risk-free 116%+ Return On Investment in less than 10 years? Tell us where you can invest & get a risk-free 116%+ ROI in 10 years whilst IRR — Internal Rate of Return (savings account) — is as low as 18% only for that period.

Many people think that a complete system (including panels and battery) is a significant investment. But, if you were to take the money you spend on solar and instead invest it in, for example, a savings account or index fund, you would get a particular interest rate on that investment (e.g. right now NAB is offering a savings account with a 2.55% interest rate).

Let’s look at Jack’s return on investment analysis from buying a solar+battery system that was specifically engineered for his home. He has an average $700 quarterly energy bill.

*Rate not specified, using Residential Market (SA Power RSR). Estimated Savings are based on a 8.14kW Solar and 15kWh Battery Storage.

Quater	Energy Consumption Before Solar	Solar Generation	Energy Bill Before Solar + Battery	Energy Bill After Solar + Battery	Estimated Savings After Solar + Battery
Jan-Mar	1,592kWh	3,888kWh	$670	$171	$841
Apr-Jun	1,747kWh	2,091kWh	$728	$119	$609
Jul-Sep	1,835kWh	2,329kWh	$761	$108	$653
Oct-Dec	1,506kWh	3,956kWh	$640	$189	$830

Jack stays earning credit all year around

His Solar+ battery system ensures him of $0 energy bills. Plus, he is saving and earning $2933 per year! Meaning that…

• His payback period is less than 5 years.

• His monthly payments (financial repayments) are less than his monthly energy bills (after 6 years Jack’s payback period is completed and he is going to own a system that is going to earn him money.

• His ROI for 10 years is 116%.

You tell us where you can invest that sum of money and get back 116% as the return of investment in 10 years with NO risk at all. Bank interests would pay you 5 times less. And you will own a system that has a lifespan of 18-25 years!

Don’t forget that Jack’s solar+ battery system also increase the selling price of his property. On average, a solar system raises a home’s value by 4.1%. That is a boost of $12,000 on a $300,000 home.

*$700/qtr. bill is used to calculate Jack’s energy usage and provides the baseline for the financial outcome analysis. $0.71 daily charge and $0.44/kWh electricity rate are used when calculating the savings from not consuming power. $0.16/kWh is used when self-consumption is not 100%.

*Note that savings are based on individual homeowners’ energy consumption and production are subject to change based on your individual situation.

Project Stats
System Size (DC) 8.14kW	Yearly Production 11,575kWh
Self-Consumption) 43%	Yearly Bill 43%
Financial Figure
Discounted Payback 4.68 years	ROI 116.77%
Net Present Value $17,504.51	IRR 18.00%
Quote
Subtotal inc. GST	$18,910.00
Included GST	$1,719.09
STCs x 122	-$3,920.00
Total	$14,990.00

Talk to our highly professional experts to find out how.

How long does a Solar Battery last?

Solar batteries carry guarantees for the number of cycles they will deliver or min 10 years.

On average the battery lasts for 25 years with a very limited decrease in productively drop. A cycle is defined as the number of complete discharges (using the battery until its store of electricity is empty) followed by a full recharge. A solar battery is most likely to be partially discharged then recharged, rather than get fully discharged each time. The range of lifetimes for leading solar batteries varies significantly but will be between 2,000-10,000 cycles, or around 18+ years approx.

What are my Finance Options?

We offer $0 upfront payment option. We also offer Government Assisted Green Loans (cefc), offered at lower Interest Rates & lower fees than traditional loans, to buy energy efficient systems for Australia. Unlike most other finance, Green Loans come with specific options and Government determined subsidies and incentives. It is important to understand your home options and identify the Green Loan that will work for you. We will guide you through the maze of processes and help you get the best finance option for your intelligent energy efficient systems to save you thousands. Talk to our experts today!

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