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What’s the payback on a solar and battery system?

Posted in Getting battery storage

Man standing proud outside his house

The exact payback of a solar and battery system will depend on the size of the solar system and battery you get, the brand, the set up of your home (such as whether you’re on single or three-phase power), your energy rates and how you use energy in your home. 

For example, if you pay 20 cents more to buy energy from your power company than you get for your solar feed-in tariff, a solar and battery system at your home could pay for itself in around 8 years.  

This is much shorter than many people expect, largely due to the decreasing costs of the system components along with the system’s ability to save households up to 80% or more on their energy bill.

The key is getting your battery at the same time as your solar panels. It’s more cost effective to do it then, rather than adding a battery down the track. This is because you’ll cut out extra installation costs and combine the two components’ payback into one, shorter payback period. 

 

Our solar and battery systems can pay for themselves in as little as 6-8 years

At DC Power Co, we’ve designed a solar and battery package that combines leading battery technology with tier 1 solar panels in one streamlined, cost-effective package. It comes in a range of sizes depending on your energy needs, household set-up and budget and there are financing options available so you can pay it off over time. 

Get started with a free, online system estimate to get an idea of the right system for you.

View the solar and battery package

 

If you already have solar, but want to add a battery, check out our solar battery package.

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