Whether you’re a homeowner, business owner, or both, staying on top of your Brisbane electricity costs is important to financial sustainability. With those costs increasing every year, power is a huge overhead and saving on electricity bills becomes a priority for every member of a business or household.
Australians are an environmentally conscious bunch, with strong connections to the natural world. Preserving the planet can be as important to us as preserving our finances. If we can find an answer that does both, that’s a win-win!
Today we’re going to take a look at the state of Brisbane’s electricity costs for homes and businesses. Then we’ll dive into the revolutionary solution for bringing down your electricity bill while being kind to the planet: solar power!
The Cost of Electricity in Brisbane
How many of you dread getting your power bill? It can be a bit of a sinking moment, particularly in the summer months when the air conditioning has been pumping. You’re not alone in that – energy costs have been rising to levels not seen before, and the bill shock is real. Let’s break down the average Brisbane electricity costs:
Average Brisbane Residential Electricity Costs
Brisbane electricity costs change from month to month according to usage, generally soaring in winter and summer when heating and cooling is required. Costs will also vary according to your electricity provider, as well as the number of people in your home. With the help of this calculator we can get to some solid average figures:
1 person household: $57 to $135/month (799kWh to 908kWh)
2 person household: $86 to $202/ month (1202kWh to 1393kWh)
3 person household: $103 to $243/month (1449kWh to 1644kWh)
4 person household: $128 to $303/month (1800kWh to 2074kWh).
If you’re coming in at the higher end of usage on a four-person household, you could be paying nearly four grand a year in electricity costs. That’s a chunk of your hard-earned!
Average Commercial Electricity Costs
Again, there are a lot of variables to take into account here. Your corner store selling exceptional bagels and coffee will use a lot less electricity than a large factory or big, air-conditioned office block. Operating hours, appliances used and energy efficiency measures in place will all affect your final bill. For Queensland businesses, you’re looking at charges ranging between 25c/kWh and 30c/kWh, depending on the specific plan and provider. For small businesses, this leads to an average quarterly electrical spend of $820.
Solar Power Slashes Electricity Bills in Brisbane
We get good sunshine all year round in South East Queensland. Take advantage of it and of that big bare space on your roof by installing a solar system and saving yourself some serious cash over the years! It’s one of the most effective ways to reduce electricity costs.
For a start, you save through self-consumption. Let’s say you’re home during the day, and using appliances drawing 1kWh of power. The sun is shining and your solar system is producing 4kWh of power. This means all the power you are using is generated by your solar system, so you aren’t importing any from the grid. You’re saving money.
Because your system is creating more energy than your household is using, any excess is exported to the grid. If your plan includes a feed-in tariff, you will be credited for the electricity on your next bill.
Get a Solar Battery for Increased Savings
By installing a battery with your system, you can store energy for later use, such as at night when the sun is down and your system isn’t producing electricity. You can run your home off the battery during peak periods, so you can dodge paying peak tariffs. This will further help you reduce your Brisbane electricity costs.
Commercial Solar Brisbane Case Study
At Voltora, we install a significant number of commercial solar systems annually. We just quoted on a large 21.56kWh solar system with 40kWh of battery storage, and the numbers involved clearly show the financial benefits of solar:
As you can see from the stats, the solar system will deliver $4,654.09 of savings in a year. This will result in a discounted payback period of 9-10 years, and a total return on investment of 124%.
Now, let’s look at this from an environmental perspective. The graphic below shows the positive effects this system will deliver in terms of trees planted, fuel saved and coal not burned.
Government Incentives for Residential and Commercial Solar
To encourage solar adoption, both homeowners and business owners can take advantage of government incentives, including:
- The National Solar Rebate: This is a subsidy that helps reduce the cost of solar power systems in Brisbane and around Australia. It helps home and business owners save thousands off the cost of their solar, working out to about a $300 saving per kilowatt installed.
- Small-Scale Renewable Energy Scheme (SRES): This reduces the upfront cost of installing residential and small commercial solar systems.
- Large-Scale Renewable Energy Target (LRET): Provides financial benefits for larger commercial solar projects.
- Tax incentives and rebates are available for businesses investing in renewable energy solutions.
The Voltora team is happy to discuss the government solar incentives, so please give us a ring if you have any questions.
Voltora – the Brisbane Solar Installation Experts
Voltora Industries specialises in delivering high-quality solar solutions Brisbane home owners and business owners trust. Our team is knowledgeable and always willing to answer questions – we’re big fans of solar power and always happy to talk about it and how to reduce Brisbane electricity costs!
From seamless solar panel installation to tailored system design, our team of local electricians will leverage maximum energy efficiency to help slash your electricity costs. Long term savings and environmental sustainability are just a consultation away… make the step today!
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