Save Electricity, Go Solar
Queensland consumers are bracing themselves for another electricity price hike in July, but those who want to make the switch to solar have more cost-effective ways to save electricity than ever before.
Electricity bills will increase by 5.4% this month in this state, following last year’s rise of up to 11.37%.
Meanwhile, entrepreneurial Queenslanders are finding new ways to help consumers beat the biggest contributor to the cost of electricity - hot water.
In 2007, Sustainable Maleny conducted a successful drive to get 100 households in Maleny on the Sunshine Coast to replace their electric hot water systems with solar hot water at a discounted price.
Solar Hot Water Without Upfront Fees
On June 21st, Alexander Kohl of Sunshine Beach launched SolarPay, which allows customers to order a solar hot water system online and pay the costs over time without any upfront fees.
SolarPay’s goal is to help 1000 households on the Sunshine Coast switch from electric hot water to solar and then to expand the scheme throughout Queensland.
The Department of Environment, Water, Heritage and the Arts estimated that a household who switches from electric hot water to solar hot water will save electricity of between $300 and $700 a year, which can then be used to pay for the solar hot water system.
At the same time, the price of Renewable Energy Certificates (RECs) has increased due to demand, which means owners of solar hot water systems currently receive up to $2,205 on top of the Federal Rebate of $1,000.
Save Electricity By Up To A Third
Even if they are not swayed by the environmental benefits, the prospect of cutting the huge hot water share of their electricity bill - up to a third of the cost - should convince the 80% of Queenslanders who have an electric hot water system that changing to solar is the only way to go.
Find Out Whether You Can Benefit From Solar Hot Water.
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Related Topics
- What will I save on electricity?
How much you save on electricity depends on the amount of hot water you use and how efficient your solar hot water system produces hot water. According to the Department...
July 9th, 2008 at 1:12 pm
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