Solar Panels Bannockburn
Reposit's 'no power bill' guarantee with every install makes your solar investment risk-free.
With 1 in 3 suitable households in Australia equipped with solar panels, there’s no denying that solar panels have taken Australia by storm. And Bannockburn has one of the highest rates of solar adoption of them all - as one of the top performing suburbs for solar nationwide.
The market is full of solar installers ready to get on your rooftop and get you setup harnessing your energy from the greatest source on the planet - the sun. But there are a few things you should know before you pick one.
Looking for solar panel installation in Bannockburn, Victoria? Reposit Power is installed across thousands of rooftops in Australia.
What to look for in a solar panel installation company:
If you’re looking for a quality solar installer, these are the essential questions they should be able to answer:
- Do you use tier 1 solar panels?
- Do you provide a full warranty for the product’s expected lifespan (25 years for panels, 10 for batteries)
- What is my expected return on investment?
- Will you provide service free of charge in the event my system needs repair (workmanship warranty)?
- Have you been operating under the same business name for at least 5+ years?
Solar Panel Installation Bannockburn
What Do I Need To Get My Home On Solar Power?
Residential solar installations typically consists of up to 4 core components:
Solar System Components - Click to Expand:
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Solar Panels
Solar panels, also known as photovoltaic (PV) panels, are devices that convert sunlight into electrical energy. They are made up of individual solar cells, which are typically made of silicon or other semiconductor materials. How many you need will depend on how much power your home typically uses and the space available on your roof.
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Solar Batteries
Solar batteries are how you store power for future usage. Without them, you will resume paying for electricity the moment the sun sets.
As solar feed-in tariffs continue their downward trajectory, for many homes, solar panels without batteries will not achieve the savings or freedom from power companies homeowners may want.
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Solar Inverter
The inverter converts what your solar panels generate - known as direct current (DC) electricity - into what the electrical grid can use - known as alternating current (AC) electricity. They are an essential component to any solar system. While not exorbitantly expensive, they are also the part most likely to fail, and you don’t want to be replacing them any sooner than you need to.
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Smart Controller
Smart controllers are a premium addition to a solar power system for home use, currently leveraged by only a small handful of solar installers in Australia. Put simply, a smart controller is the brain of your renewable energy system that automates the energy trading process.
We're proud to have been the first company in Australia to engineer a smart controller. Learn more about how Reposit’s smart controller works here.
At a minimum, a house would need solar panels and a solar inverter, however, this basic system lacks the ability to store power and will leave you paying for power from the grid again when the sun goes down. For optimal results, Reposit only sells customers solar panel and battery bundles in combination. A solar battery allows you to store excess power, spreading your power out more evenly across day and night.
Why do you only sell solar and battery bundles?
While it’s easy to sell clients one or the other to keep costs low, there really is no way to meet our ‘No Bill’ guarantee and ensure a return on investment without both. We want to maximise solar adoption in Australia for the good of the planet - and that means keeping return on investment for you high, so you spread the good word to friends, family and neighbours. In fact, referrals is one of Reposit’s strongest driving forces for new customers.
At 10 years old, we’re here for the long haul, and selling customers the cheapest option is no way to ensure solar uptake grows across Australia.
How much does solar installation cost in Bannockburn?
With so many configurations, rebates, upgrades and household circumstances, the difference in cost varies considerably. However, you should never be paying less than $6000 - $10,000 for a good solar panel installation - without batteries. Adding a solar battery will increase the up front cost, but also increase your maximum return on investment later down the line by a wide margin.
Think of solar panels as quick to pay off, but with smaller returns. A solar and battery system will take longer to amortise, or pay itself off, but will end up saving you more in the long-term.
Want an instant cost estimate?
For a tailored quote for a solar system that will guarantee $0 electricity bills to your home, get in touch here.
Our No Bill guarantee is that if you receive an electricity bill while you are on our No Bill Power Plan, we'll pay it for you. Access to the Reposit No Bill Power Plan just requires you to install a No Bill solar panel and battery system from Reposit.
How does reposit No bill compare to traditional solar Installations?
Solar Panels Only
Reduce your power bills, but only when the sun is shining. Quick to pay off, but low return.
Solar & Battery
Drastically reduce your power bills, but highly sensitive to energy markets. Higher cost, savings uncertain.
VPP Solar & Battery
Sell your own excess power through Virtual Power Plants (VPPs). High cost, uncertain environments and varying user understanding levels make savings uncertain.
Reposit No Bill Solar & Battery
Guarantee $0 power bills, so you know your system will repay itself and save you money on bills. Our trade experts and smart technology manage the VPP aspect for you, and absorb the risk of failure to perform.
Help me understand Reposit No Bill:
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How Does Reposit No Bill Work?
Reposit is an industry leader in Australia, with over a decade in the renewable energy sector. We partner with power companies, universities and financial establishments, but mostly, we partner with Aussie households.
Beyond simply installing a solar and battery bundle on your rooftop, Reposit uses smart technology to leverage the solar power generated in your battery. We sell any excess solar power on your behalf, along with all our Reposit members excess solar energy. This greater yield allows us to participate in commercial VPPs, or Virtual Power Plants - earning higher rates through our collective energy than any one household could do on their own.
In exchange, Reposit guarantees our members receive no power bill for so long as they're with us. Reposit also uses some of the profits to power our operational costs, to help offset the initial up-front costs our consumers have to pay.
Reposit is able to offer this service through our patented smart technology, in specific, a smart controller which serves as an upgrade to your battery. This smart controller modulates and automates the selling of power in your household based on your typical energy usage patterns. If you're interested in how this is possible, you can read more about our smart controller here.
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Who Is This Product For?
- You want no power bills, instead of simply smaller power bills.
- You're happy to let Reposit's trading experts trade your excess solar energy on your behalf in return for a guaranteed no power bill.
- You want complete protection from any turbulence in the energy markets (such as increasing rate hikes due to Australia's failing coal power station infrastructure, diminishing fossil fuel resources, and global shortages driving up costs), which we accept the financial risks for as a No Bill member.
- You like the idea of being able to "forget about electricity" and not worry about peak times, running air-cons or half full dryers.
Some people love monitoring their power consumption against feed-in tariffs and fiddling with their solar technology. However, many people also don't want the added cognitive load or pressures that come with this part of a move to clean energy. They simply want to save money on power bills and do right by the environment, without worrying their lack of knowledge, experience or time will lead them to misstep and lose money anyway. Reposit No Bill is for households who want to make the leap to solar and its savings without any of the risks or variables, preferring to leave that to the experts on their behalf. A No Bill solar installation:
1) Removes barrier to entry to renewable energy by taking on the financial risk on your behalf with our 'No Bill Guarantee'
2) Removes variables such as electricity price changes, feed-in tariff rates, or being uncertain about whether your chosen and installed technology will sufficiently offset your energy usage and costs in the future.
3) Reposit No Bill is a 10 year long partnership with you and your solar system. We need the combined strength of all our members to grow, and by this token, you're setting up with an organisation who will take care of your solar system's maintenance, guarantee you get no power bills, honour all warranties and generally be invested in your system's ongoing performance - after all, if your system ceases to be able to cover your bills, our guarantee means we're the ones paying for it.
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Can I Leave The No Bill Program At Any Time?
Absolutely. No Bill is not a lock-in contract. It is designed so that, at any time, you can go your own way with your solar system and cease to be a part of Reposit's VPP. This will effectively be the same as installing a traditional solar and battery system with any other provider, leaving you free to join a VPP yourself or otherwise manage your energy savings on your own accord. We don't charge anything extra for gaining access to our No Bill program, it is simply a courtesy of installing with us to help get more people onto renewable energy - especially those inexperienced with energy trading, VPPs or solar in general. Therefore, leaving the program has no impact on your purchase of a solar and battery system. This said, the overwhelming majority of our customers find the program sufficiently beneficial to stay on.
Can I get a solar panel rebate in Bannockburn, Victoria, 3331?
Victoria Rebates
Yes! Homes looking to get a solar installation in Melbourne and throughout Victoria may be eligible for a solar rebate.
From the website, the Solar Homes Program for Victoria is designed for: "Helping Victorians save on their energy bills, tackle climate change and build a cleaner, renewable future."
While that says it all, here are some fast-facts on rebates:
- Owner-occupiers can save up to $3500 on their solar systems through the program! This is divided between solar panels and solar batteries, among others.
- 200,000 Victorians have already taken advantage of these rebates.
- Rebate programs are not permanent. They rotate out without warning and criteria can change. If you are interested in one of the existing programs, it's always better to act sooner rather than later.
WHO IS ELIGIBLE FOR THE SOLAR PV REBATE?
You may be eligible for the Solar Victoria Rebate if:
- You own an existing property or a home under construction
- All the home's owners combined have a household taxable income amounting to less than $180,000 per year (based on their Australian Tax Office Notice of Assessment)
- Your property is valued at less than $3 million
- You have not already received a solar battery rebate or a solar PV rebate under the Solar Homes Program
- The address has not previously benefited from a solar battery rebate or a solar PV rebate
- You do not have an existing solar PV system
Australian Capital Territory Rebates
There are currently no rebates for solar available to the ACT, however, there is the nationwide STC. There is also an interest-free loan exclusive to ACT residents for renewable energy investments such as solar panels, which provide a great way to repay your solar system while saving on electricity immediately - all with no interest.
New South Wales Rebates
Unfortunately for those seeking a solar installation in Sydney, solar installation in Newcastle or surrounds, there are no rebates for solar panels in NSW at this time. There may be some assistance for very low income houses looking to get very small systems, but the average household will see no result from these. To be eligible, you must currently receive the Low Income Housing Rebate.
Local councils may offer small rebates if you contact them directly, but at the moment this is very few.
For NSW customers, we recommend taking advantage of STCs and low-interest repayment plans. Examples include Solaris finance, or adding a Reposit Power solar and battery bundle to your refinancing. Ask us how.
Nationwide STC Rebate
In addition to any local rebates, you may be eligible for the nationwide STC rebate. This would reduce the upfront cost of your solar solution as part of the Australian government's Renewable Energy Target. The dollar value of this federal rebate depends on the specifics of your solar solution as well as where you reside.
Get started with solar today
Our team is happy to answer any questions and help you decide if getting onto Reposit No Bill is the right financial investment for you.