South Australia is a great place to be buying solar. Basically because of our higher cost of electricity down here, we are able to generally get return on investments between the three to four years. So, that makes it very attractive to put solar on your roof. Generally here in South Australia because of a higher electricity costs, payback periods we're seeing on typical installs are between the three to four year mark, which basically makes, you know in some cases a return of $8000 to $8500 in three to four years which is quite a good investment. Picking the right installer is very important. Like I say to a lot of people, solar systems are more than just panels and inverters. The way the system gets installed on the roof, the way we string the system, you know, the types of components we use, the DC isolators, rooftop isolators, right down to the type of cabling and conduit that we use. We only use the best brands.
So, those brands are going to be able to ride out the tough conditions that we have down here in South Australia in terms of the extreme high temperatures in our summers and also the low temperatures in our winters. Homeowners should think about not just the panels and the inverters, but the whole package. You know, who's doing the installation, the people that are designing the system, and then obviously the backing of the products that go with that. Pays to invest in a good quality system. It definitely pays to pay that little bit more and get yourself a top quality system.
What is the typical payback period for a solar power system in South Australia?
Video Transcript