Newsflash April 2015
The Abbott government said before the last election that they would not scrap the solar rebate but in the wake of their trumped up Warburton report they are now likely to cut the solar rebate very soon. This will increase the costs of of an average 5.5 kw solar system by around $4,000.
There is not much we can do about this unfortunately except advise all clients to sign up before any changes are announced. We cannot guarantee 100% that this will preserve your right to a rebate but with previous changes they have honoured any agreements where the client had a signed contract before they announced the change. If the changes when announced are such that they exclude you from getting a rebate you will have the right to cancel the agreement.
Solar Wholesalers is a family and employee owned solar power company that has been selling and installing solar power systems since 2008. We sell home solar power systems and commercial solar power systems in South Australia.
We are the one of the only solar power companies to make our price list available online.
We have installed over 2,500 solar power systems and have one of the highest customer approval ratings of any installation company on leading consumer reviews websites.
To provide the most reliable systems we use the most reliable components (Jinko and Sunrise Solartech solar panels as well as German made SMA ‘sunny boy’ inverters). We also use our own crews of full time installers who are outstanding, CEC accredited, tradespeople.
Is solar power still a good idea now the feed in tariff is lower ?
We think it is and here is why.
The most successful investor in corporate history is Warren Buffett. According to the website Gurufocus.com his compound annual return from 1955 until now is approximately 19.5 %.
So surely if an investment in a solar power system for your home or business can give you a return close to this it is a good idea.
How many people have you heard over the years say I wish I invested with Warren Buffett when he started. (I’m showing my age here)
Well the truth is that at the current price of a 5kw solar power system, the average customer gets a return on their money of around 32% if they buy a solar power system.
(Based on production of 7,800 kwh per annum, 70% used in house or business saving 38 cents per kwh and 30% going to the grid at 7.6 cents for a total return of $2,252.64 on a cost of $6,900).
So why does solar still offer customers such good returns?
The simple fact is that solar power systems have got a lot cheaper in the last year and the price of power has gone up a lot. The return on your investment you get from a home solar power system, as at March 2015 is now the best it has ever been.
A solar power system is a great thing to buy and Solar Wholesalers is a great choice for a company to do solar power with in Adelaide. We are small enough to care but large enough to offer great pricing on the very best quality systems.