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What is the financial return on a 6.6kw Solar System?

Depending on several factors, the actual power output of a 6.6kW solar power system will vary and this will contribute to your financial return. These factors include:

  • Geographical location of the system and the expected daily and annual solar irradiation and cloud cover levels there

  • Orientation and tilt angle of the solar panel array

  • Whether there is any shade cast on the panels

  • Actual operating temperature of the panels

  • The performance of the individual components (e.g. the panels and the inverter)

  • Solar Feed-in Tariff schemes

Solar products play a large role in the financial gains of a solar system. For example:

  • Cheap inverters and solar panels on average will save approximately $1420 per year on your power bill with a payback period of 4 years.

  • SolarEdge inverter and optimisers and REC solar panels will save approximately $2060 per year with a payback period of 3-4 years. That is a Rate on Investment (ROI) of 448%. Imagine if you invested $100 today and received $300 in return - the ROI would be 200%.

When installing a solar system for your home or business, it's not just about solar, it's about quality products and installation. A SolarEdge and REC solar package may cost more upfront but in the long run, it will save you a lot more on your power bills.


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