Solar Calculators
Go Solar with Confidence
Considering solar power for your home or business? We offer a suite of free solar calculators to help you make informed decisions throughout your solar journey. Estimate your system’s potential energy output, discover recommended system sizes, calculate your expected savings, and determine the ideal battery storage solution. Additionally, explore how rising electricity prices can impact your future bills, estimate potential solar rebates, and even compare the ongoing costs of electric vehicles to traditional petrol cars.
What solar power incentives and discounts are available?
SAVE MONEY AND DO YOUR BIT FOR THE PLANET
HOW DOES IT WORK?
You can pay a deposit and finance the rest or pay $0 up-front.
We undertake the installation of a custom designed quality system for you.
You pay the system off over time.
After the installation your electricity bill goes way down because you’re getting much of your electricity from the sun. Regularly your new lower electricity bill plus the solar system repayments are less than your old electricity bill used to be, so you can save money right from the start.
It’s a win-win especially in these times of steep electricity costs. You will literally save thousands of dollars over the life of your solar system or other energy efficient equipment.
In addition, with little or no upfront cost means little or no waiting for your system to start saving you money.
Who wouldn’t want to save with clean energy?
NO DEPOSIT GREEN LOANS
No deposit variable and fixed rate personal loans are available with customised interest rates based on the length of the loan, the amount applied for, and the information provided in the application.
The interest rates can start from a low point of 6.5% per annum. The loan allows you to benefit from solar and other renewable energy products sooner and more easily than you might otherwise be able to or to upgrade to an optimised solar power system or purchase a battery.
The ‘green’ personal loans are typically flexible, allowing you to borrow an amount between $2,001 to $50,000 repaid over 3 to 7 years, if your income is greater than $20,000 a year. There is usually no fee for early repayment.
Paying for your solar energy system while enjoying the savings, which often results in money in your pocket right away, with a good return when comparing your new energy bills to what you’re paying per month. There are several plans to choose from, so it’s easy to find the one that’s just right for you. Making the switch to solar not only helps save the environment but also helps you save money in the long term.
R & D | FAQs
Cannot find your question? Please contact us, and we will do our best. Don't hesitate to get in touch with us to address your specific concerns.
Q: What interest rates do I expect for various forms of finance?
A: Option number one is to redraw your mortgage, and mortgages are now, in late 2021, as little as 2%-3%. However, if I go and put the purchase straight onto a credit card, I’ve still seen credit cards with 12% or 13% interest; therefore, we strongly recommend not using a credit card to purchase a solar system. The standard small personal loan finance options for purchasing a solar system, such as green loans, usually settle somewhere around six to seven percent. So those are the standard industry rates for most loans on solar systems, which are not mortgage financed.
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Q: If I finance a solar system, after taking off the interest & repayment costs, will I still have a financial benefit?
A:
In many cases, if the solar system has been financed over a longer period, let’s say 5 to 7 years, the cost of monthly finance is still less than the savings that will be achieved by the solar system. In the initial months, it would not be a huge amount, but let’s say on a standard home, one could still have a positive cash flow impact of 10, 20, 30, up to $50 per month, depending on the size of the solar system and the home’s electricity consumption.
It depends on how much electricity is produced from the solar system and what % of total generation the end customer is utilising. In many cases, if the finance interest is not higher than 6%, and if the payback is 5, 6, or 7 years in those instances, the customer will still have a positive cash flow even though they finance their system. So solar can benefit them financially from day 1.
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