If you’re weighing up the pros and cons of joining the renewable energy revolution and ‘going solar’, you are not alone. But there are actually plenty of reasons why it makes sense for Western Australia residents.
Renewable makes sense
Of course, it makes sense for everyone. It’s easy to forget how important energy is, but almost everything we do in and around the house relies on it.
Unlike the exhaustible sources of energy that pump greenhouse gases into the environment and produce toxic waste, renewable energy is basically clean, green and sustainable, as it comes from the wind, water and, of course, the sun.
But it also makes sense for your hip pocket.
The price of traditional power is going up and up, and by 2020 it is expected that demand will have doubled. It is therefore no coincidence that Australia’s Renewable Energy Target is to produce 20% of our electricity through renewable sources by 2020.
Governments around the world are all increasingly looking to renewable sources of energy, and Australia – which, as we know, has significant solar resources – is no different.
In sunny Australia, it makes sense to use our baking sun, converting that endless supply of energy into electricity using solar panels. Our governments are moving to give the community access to this renewable energy market.
The WA solar rebate
Each state has its own renewable energy subsidy schemes, and Western Australia’s solar rebate is called the Renewable Buyback Scheme (REBS).
What it means is that residents, schools and non-profit organisations can install renewable energy systems like solar panels and then sell any energy they do not use themselves to Synergy and Horizon Power – the energy companies.
There’s no set price for this excess energy, but the retailers need to have their individual schemes judged as fair and then approved by the government. But what happens is that the power companies add up all the energy you have not used and subtract it from your bill. In the long term, it makes sense not just for the environment, but for you as well.