Reasons behind the upsurge of rooftop solar at homes in Melbourne
Despite the challenges of Covid-19 pandemic during 2020-2021, about one in four homes Melbourne’s suburbs have rooftop panels installed. In 2020 Australia’s solar installation numbers have crossed 2.5 million. Australian Energy Market Operators predicts that about 77% of total energy needs will be accomplished with rooftop solar PV installations by 2026. With the implementation of incentive programs by Australian government and to tackle the rising energy bills solar PV installation has become a mass market product.
There are some specific reasons on why Australia sees an upsurge in rooftop solar PV installations at residential buildings after 2020. Those include:
Home improvements in Victoria:
New work from home trend & flexible working hours has seen a dramatic rise towards the delight to improve home and to shrink out the energy bills. According to a largest retailer in Australia there was a 14% increase in revenue for home improvement products and building supplies during 2020. Several suburbs like Craigieburn, Donnybrook, Mickleham, Roxburgh Park, Cranbourne, Sandhurst, Skye, Hoppers Crossing, Tarneit and Truganina of Victoria had Australia’s highest number of solar PV installed during 2020-2021. Affordable home improvements making solar panel installation efficient will generate a greater return in investment. About 97% of a homeowner’s investment can be recouped on the sale of their home with Solar PV installed.
Work from home & increased energy bills:
Working from home is officially new and normal after 2020, while the Australians enjoy doing their office works at home with pyjamas, faced the sudden increase in household energy bills. Work from home also revealed the importance of continuous electricity without any blackouts for Australian homes. There was a lot difference in energy bills between usual working days and work from home days for Australian homes. Work from home peaked up the use of electricity with the continuous use of Air Conditioning, lights and other kitchen appliances whereas a home is left empty on a normal working day. The above reasons led the installation of solar PV in Australian homes to tackle the energy needs and energy bills.
Declined solar installation price:
Solar panel components and other solar technologies continue to see a drop with increased competition and innovations in Australia. Governments’ residential solar incentive programs and other financial grants to reduce Carbon dioxide emissions make the Australian homeowners happy to install rooftop solar panels. Victoria’s solar panel rebate offers a discount in upfront cost of a rooftop solar PV installation up to $1,400 and benefit of interest-free loan resulted in nearly 165,000 Victorian homes with three million Solar PV panels. With a clear view of Victoria’s residential rebate program Victorian residents are continuing to embrace the good time to adapt to green energy revolution.
Go green with Solar Today:
You can reduce the soaring energy prices and carbon emissions with Solar Today, one of the leading providers of residential solar panels in Melbourne, who installs solar panels on flat or sloped roofs across Melbourne homes to produce your own renewable energy. Interested in using free solar energy to power up your home? Call Solar Today now!