House Tablet

Find The Best Solar Deals In Australia

  • 3 Free, No Obligation, Solar Quotes
  • From Fully Qualified Installers
  • With 1000’s of Customer Reviews
  • Competing for Your Business
Finn Peacock Caricature

Ready for some quotes? Enter your postcode now

Solar PV penetration approaches 1m mark

15th Oct 2012

Australian solar PV penetration is approaching a landmark figure - with one million households expected to have rooftop panels by the middle of next year.

Professor Ray Wills, chief adviser to the Sustainable Energy Association (an industry lobby group) made this prediction after examining recent stats from the Australian Clean Energy Regulator - otherwise known as ACER.

Data from ACER showed there is now 858,000 homes with solar PV - totalling just under two gigawatts of installed capacity.

There is also now more than 600,000 solar hot water systems installed across the country.

The professor was quoted by the Sydney Morning Herald as claiming that within two years' time, panels will be so cheap that "you might even throw a coat on your dog".

He noted that growth in demand has weathered the reduction of generous feed-in tariff schemes since 2011, despite the resultant dive in orders slashing rebates originally caused.

And now, intense international competition (particularly from Chinese companies) has meant homeowners can expect to make back the money they paid for solar power systems within just four years, Wills added.

The expert said the average 1500-kilowatt unit is now selling for around $1,500 to $2,000 - encouraging people to "coat every surface that has exposure to sunlight".

Speaking on the sidelines of the recent All-Energy conference in Melbourne, he also pointed to a rise in interest for solar PV among the outer suburbs of major cities.

"People who have installed solar panels for any reason do consider their energy use more closely," he stated.

"The latest crop is doing so because it makes economic sense to generate electricity from a solar panel. Many are less worried about saving the planet and more worried about the bottom line."

However, Wills admitted the future isn't entirely a bed of roses for the industry - particularly as large-scale power generators such as EnergyAustralia will be looking to curtail the impact solar has on electricity demand.

Since the end of 2010, consumers have required less and less energy from the national grid - with renewables and the high Australian dollar being marked as significant factors.

According to Professor Wills, defending the old market will have an adverse impact on the progress sustainable technologies shows, although it will only be a minor hiccup.

"Renewables will still arrive," he stated. "It will take longer and in the meantime we'll pay more for electricity than we have to."

Posted by Mike Peacock

Solar Power News Categories

Government Rebate & Regulations
Solar Power & Technology

More Solar Power & Technology

Australia to be a part of huge Asian renewable energy growth
SunPower steps up to make solar more affordable
Canberra makes strides toward carbon neutrality
GTM puts solar's massive growth in perspective
Examining Australia's falling solar PV rooftop prices
Australia's shift toward renewable energy picks up the pace
Australia shines at solar decathlon
University of Queensland tapped as lead researcher on massive solar project
100 per cent renewable energy is possible in 10 years, environmental group says
Climate Commission releases report on solar progress
Aussie government actually shows spine for solar power
Be gone, skeptics: One million solar installations and counting
Australia embarks on its greatest solar journey ever
Australia looks to solar thermal for commercial success
Solar power helps King Island reach 100% sustainability
Australians 'heavy supporters of solar power'
Mildura solar plant officially unveiled
Solar power trumps other renewables in Australian minds
Sunshine Coast solar farm "fantastic initiative"
Sunshine Coast cashes in on namesake with solar plans
Energy storage 'could maximise solar power utility'
Solar powered family car - a world first?
Code of conduct for solar installers in the works
'Stop punishing households' for solar PV
Australian solar companies 'adjusting well'
Australian mining 'next solar frontier'
"Rooftop revolution" underway across Australia
Global PV market emerging from sluggish period
Royalla solar farm receives final approval
Leadership challenge a "debacle" for Australian solar power
Solar power giving global renewables a helping hand
Australia's largest CPV solar power plant up and running
Renewable energy misinformation "staggering"
CEC: Don't underestimate consumer desire for solar
Setting energy efficient examples on TV
Solar PV brightening up household bills
World's largest solar powered boat on the move
Climate change is heating up
The global solar power shift
New solar tech win for NSW
Industry orgs praise City of Sydney solar efforts
Clean Energy Council supports Regional Renewables scheme
Asian nations emerging as PV leaders
Solar PV demand continues to grow
Regional areas of Australia to receive more renewables
Australia's significant renewable energy growth
Solar panel reprieve for Queensland
New funding for solar research
Find love with sustainable speed dating
New Victorian solar power deal