There is good news if you are interested in getting a solar power system. Prices keep falling, the technology keeps getting better, and the upfront costs are getting lower. This means that the payback period from installing a solar power system is reducing.<\/p>\n
The past 5 years has seen a dramatic fall in the cost of solar power systems, and particularly rooftop solar panels. Falling manufacturing costs are pushing this trend, in turn driven by improving manufacturing techniques. Already today solar panels only cost around 60c per kilowatt peak capacity in Australia, and the cost of the panels themselves is no longer the main cost for installing a solar system.<\/p>\n
So, while solar buy back rates might change, the key benefits of solar power systems is not all about selling energy back to the grid, but in producing energy you can use in your home.<\/p>\n