Solar Panels Brisbane

 

Solar Power As An Investment

Apart from considering solar power for your Brisbane home  from the perspective of the benefits of lower electricity bills and reducing your carbon footprint it is interesting to note that the financial benefits are increasingly becoming an added consideration in deciding to install a solar power system. From purely an investment point of view solar power installed in your Brisbane home can possibly offer;

• A 3 percent increased value in your property . Figures from the U.S. and particularly California have indicated that , on average , properties with home solar power systems installed fetch a 3 percent price premium .
• The Australian Financial review has reported that for States such as Queensland that offer a high feed in tariff like the 44 cents available to Brisbane solar panel system owners , that the return on investment of the initial cost of the solar power system (which is subsidised by the Federal government) , over the life of the system (working on 25 years) is greater than the long term average stock market return . As electricity prices increase this ‘effective return’ increases as the value of the solar electricity produced by your Brisbane solar panel system increases .
• As with all investments there are risks. For example what if the Queensland State Government cuts the feed in tariff as they did in N.S.W. where it is now zero. However , even in this case the solar power system will still reduce your electricity bill. Given it is very likely that electricity prices will rise in coming years , this minimises risks associated with a reduced feed in tariff.