{"id":54819,"date":"2021-10-14T07:14:09","date_gmt":"2021-10-13T20:44:09","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=54819"},"modified":"2021-10-14T08:00:28","modified_gmt":"2021-10-13T21:30:28","slug":"buying-solar-australia-mb2195","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/buying-solar-australia-mb2195\/","title":{"rendered":"Why Buying Solar Now Is Often Better Than Later"},"content":{"rendered":"

\"Buying<\/p>\n

The best time to buy a solar power system is usually right now; and perhaps even more so currently. Here’s why.<\/p>\n

The primary reason is very simple:<\/p>\n

The longer you put off getting solar panels installed, the longer you’re locking your household or business into electricity bills much higher than they could otherwise be.<\/p>\n

Putting off an installation could translate to hundreds of dollars every month and over six months, thousands of dollars, going into the pockets of electricity retailers instead of staying in your own.<\/p>\n

Currently, there are other reasons why installing a system now can be a really good idea.<\/p>\n

Solar Panel Supply Issues<\/h2>\n

Last week, we reported on leading solar panel manufacturers in China again warning on rising costs<\/a> for materials and shipping, with an energy crisis in China further complicating the situation and impacting production.<\/p>\n

While the Chinese government has taken some action on this, it will be a little while before that kicks in. The way the situation has evolved is putting some solar installers in Australia in a very difficult position.<\/p>\n

With regard to rising cost of materials, the polysilicon spot price<\/a> as at this morning was US$35.28 per kg – up 20% in just a week.<\/p>\n

\"Polysilicon<\/p>\n

Solar panels<\/a> weigh around 21kg and while silicon only makes up around 550g of a panel’s weight (or a bit over 1kg with wastage taken into account), it all adds up; particularly with other materials challenges including glass.<\/p>\n

The situation won’t last forever and as well as the Chinese government working on sorting out energy supply issues, there is a bunch of new glass and polysilicon production capacity in the pipeline. China isn’t the only country in the world that produces panels, but materials supply and shipping issues are impacting other countries as well. As mentioned last week, the situation could provide a good opportunity for local panel manufacturer Tindo Solar<\/a>.<\/p>\n

As to how long the current challenges will persist isn’t clear – and then the first reason mentioned above for going solar sooner rather than later comes into play.<\/p>\n

Rebate Reduction On The Horizon<\/h2>\n

At the start of 2022, Australia’s “solar rebate<\/a>” will again be reduced. The rebate shouldn’t be confused with feed-in tariffs<\/a>, which are payments\/credits solar system owners receive for the surplus electricity they export to the mains grid after the system is installed.<\/p>\n

In practice an up-front subsidy, the “rebate” is based on virtual bits of paper called Small-scale Technology Certificates – STCs. The number of certificates an eligible system receives is based on the size of the system (solar panel capacity), where in Australia it is installed and the installation date. The value of these certificates fluctuates with market conditions.<\/p>\n

Given installation date rather than purchase date can play a role in the amount of subsidy, it won’t be long before some solar installers will start quoting based on an installation occurring early next year – meaning the reduced rebate will be taken into account in quotes.<\/p>\n

At this point in time, the good news is STC values remain high – the latest spot price I’ve seen for certificates was $39.20 each on Tuesday. Bear in mind installers will generally offer $2-3 less than spot price to cover the administrative cost of trading the certificates.<\/p>\n

You can find out how many STCs a system installed in your location would be entitled to and estimate the amount of subsidy using the SolarQuotes STC calculator<\/a> \u2013 it\u2019s one of the many useful solar calculators and tools<\/a> here on SQ.<\/p>\n

You can also use the calculator to see what the difference in subsidy may be for an installation this year compared to next – for example, on an 8kW system installed in Adelaide the subsidy could work out to be around $400 less in 2022 than in 2021.<\/p>\n

What If I Can’t Go Solar Right Now?<\/h2>\n

It’s really important not to let fear of missing out or pressure from unscrupulous operators offering dodgy finance deals and\/or poor quality systems lead to a poor purchase decision.<\/p>\n

Even if the cost of solar systems<\/a> do go up significantly temporarily, it will still be a solid investment and again, the first reason for going solar sooner rather than later comes into play. But make an informed decision, not a rushed one.<\/p>\n

If you’re not quite ready to pull the trigger on a purchase, use the time to research<\/a> and better understand how to buy solar well<\/a> so when the time is right for you, you’ll make a decision that will maximise returns and provide a headache-free solar power experience.<\/p>\n","protected":false},"excerpt":{"rendered":"

The best time to buy a solar power system is usually right now; and perhaps even more so currently. Here’s why.<\/p>\n","protected":false},"author":17,"featured_media":54820,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-54819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nWhy Buying Solar Now Is Often Better Than Later - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"The best time to buy a solar power system is usually right now; and perhaps even more so currently. 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Learn about the difference\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Australia's solar rebate in 2022","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/australia-solar-rebate-2022.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/australia-solar-rebate-2022.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/australia-solar-rebate-2022.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/australia-solar-rebate-2022.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/australia-solar-rebate-2022.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":60478,"url":"https:\/\/www.solarquotes.com.au\/blog\/us-solar-panel-inquiry-mb2416\/","url_meta":{"origin":54819,"position":1},"title":"Solar Panels In U.S. Commerce Department’s Crosshairs Again","author":"Michael Bloch","date":"March 31, 2022","format":false,"excerpt":"For a government that says it's eager to hugely expand solar capacity and really tackle climate change, the Biden Administration is doing some pretty weird stuff. After a request from a US solar panel manufacturer, the country's Department of Commerce is launching an inquiry into whether solar cells and panels\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"US Commerce Department solar panel inquiry","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/us-solar-tariffs.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/us-solar-tariffs.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/us-solar-tariffs.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/us-solar-tariffs.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/us-solar-tariffs.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":87973,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-rebate-2025-mb3046\/","url_meta":{"origin":54819,"position":2},"title":"Australian Solar Rebate Reduction Nears: What You Should Know","author":"Michael Bloch","date":"November 7, 2024","format":false,"excerpt":"In just under 8 weeks, Australia's solar panel rebate won't be as generous as it is now. Here's what's happening in 2025. Not to be confused with feed-in tariffs (credits for exporting electricity to the grid), the rebate is actually an up-front discount on the cost of an eligible solar\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Australia's solar rebate in 2025","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solar-rebate-2025.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solar-rebate-2025.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solar-rebate-2025.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solar-rebate-2025.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/11\/solar-rebate-2025.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":28121,"url":"https:\/\/www.solarquotes.com.au\/blog\/insolight-solar-panel-mb0947\/","url_meta":{"origin":54819,"position":3},"title":"Swiss Company Boasts 29% Efficient Solar Panels","author":"Michael Bloch","date":"February 21, 2019","format":false,"excerpt":"The use of tiny \"space-grade\" solar cells and lenses have enabled Insolight to achieve a claimed 29% efficiency for its high-tech solar panels, which are currently at the commercial pre-production stage. Panel efficiency[1. Solar panel conversion efficiency is the measure of how much of the sunlight that hits a panel\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Insolight solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/insolight-solar-panel.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/insolight-solar-panel.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/insolight-solar-panel.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/insolight-solar-panel.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/insolight-solar-panel.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":38413,"url":"https:\/\/www.solarquotes.com.au\/blog\/vic-solar-rebate-uptake-mb1458\/","url_meta":{"origin":54819,"position":4},"title":"Victorian Solar Rebates Go Begging","author":"Michael Bloch","date":"March 25, 2020","format":false,"excerpt":"Uptake of solar panel rebates in Victoria continues to slow, making it a good time for those considering solar or crowded out by the previous rush to take another look. The Victorian solar rebate, which knocks off up to $1,888\u00a0for solar power systems (and is in addition to Australia's national\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar panel rebate - Victoria","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-homes-rebate.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-homes-rebate.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-homes-rebate.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-homes-rebate.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-homes-rebate.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":66144,"url":"https:\/\/www.solarquotes.com.au\/blog\/aussii-solar-oct22-mb2663\/","url_meta":{"origin":54819,"position":5},"title":"October 2022 Australian Solar Systems Interest Index","author":"Michael Bloch","date":"October 5, 2022","format":false,"excerpt":"A higher proportion of Australian solar shoppers wanted to fill their rooftops with solar panels in September. Find out what else they were looking for in a power bill busting PV system in the latest SQ auSSII report. How Big A System Were Australians Wanting? Where capacity options of 3-5\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SolarQuotes auSSII report - October 2022","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/aussii-solar-report-oct22.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/aussii-solar-report-oct22.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/aussii-solar-report-oct22.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/aussii-solar-report-oct22.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/aussii-solar-report-oct22.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/54819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=54819"}],"version-history":[{"count":5,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/54819\/revisions"}],"predecessor-version":[{"id":54826,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/54819\/revisions\/54826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/54820"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=54819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=54819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=54819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}