Sunday, September 22, 2013

Solar Rebates in Perth

By Ian Milne


Solar energy has gained more popularity and more and more people are using this alternative source of energy partially or fully. The advantages of using solar electricity are countless as you will make savings on your energy bills, you will cut back your carbon emissions footprint as the amount of energy that you use and you'll find that solar energy is cleaner energy as it does not produce any pollutants.

As the installation costs of solar energy system can be prohibitive and also for increased incentive to make use of this cleaner form of power, there's a system of solar rebates in Perth available.

When you install a solar system in your home then you qualify for solar rebates in Perth using Renewable Energy Certificates (RECs). This is worked out using a lot of factors like the size of your solar system and the quantity of energy it produces, the situation of your house and REC price that you the owner of the house and the solar system installer will agree on.

One REC unit is equal to 60 minutes of electricity megawatt power. The more solar energy that you are able to generate using your solar system the more the savings you can get.

You need to also be aware that REC costs change like the stock exchanges. To get the most out of your REC units, you can cling to them when the costs are low then sell when they are higher. To avoid all this altogether, you can take a standard discount from your solar system installer so that you are not influenced by changing prices.

You can trade your RECs on the stock market. The most effective way to profit from solar rebates is to greatly cut back your electricity use.

This is simple in Perth as the weather is mostly sunny.




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