For many Australians, solar panel installations can pay for themselves within 2 to 5 years, making solar power a highly worthwhile investment in 2024.

In Australia, the average cost to install solar panels, before applying the government rebate, is around $5,200. For example, a 6kW solar system generating 10,000 kWh annually can save you between $1,400 and $1,600.

A typical 6.6kW solar system, comprising 16 to 18 panels, is generally sufficient to power the average Australian home. The exact number of panels required can vary based on your electricity consumption, usage patterns, and budget.

Monocrystalline solar panels are ideal for commercial use because of their high efficiency and long-term reliability. They optimize energy production in confined spaces, making them perfect for business environments.

Commercial solar panels typically measure 2.1m in height and 1.1m in width, specifically designed to meet the higher energy demands of larger commercial buildings.

An average solar panel has a power output of 250 to 400 watts (W) and produces approximately 1.5 kilowatt-hours (kWh) of energy daily.

The Australian Government's Small-scale Renewable Energy Scheme (SRES) helps lower the cost of new residential and business rooftop solar systems. Additionally, some state and territory governments, as well as local councils, offer rebates and loans.

In 2024, the Australian government will provide a solar rebate covering up to $1,400 of your total project and installation costs.