Electricity Prices to increase 20% from July 1

As the end of the financial year approaches, Australians have been warned to brace for a further 20% (minimum increase*) rise in electricity prices in the new financial year.  

This steep increase significantly impacts household budgets and business operations.

Since 2021, prices have increased by a staggering 60%, and there’s no sign yet of that trend slowing down.  

But amidst this financial strain, there's a silver lining – Renewable energy sources.  

To be specific – Hybrid Solar.  

According to the Australian Bureau of Statistics in 2023, households with solar energy systems save an average of AUD $540 per year on their electricity bills.

Moreover, businesses that switch to solar can recover their investment in just 3 - 5 years through energy savings and government incentives (STC Rebates).

As we head towards another hike in electricity prices, you can prepare your home and future-proof your family against rising costs. In 2024, we have the technology now to make homes energy-independent, using the grid as a back-up source of power.  

Homes are being fitted with their own mini power stations running at 98% on their self-produced renewable energy.  

So with this knowledge, we have one thing we'd like you to keep in mind - The longer you wait to equip your home with Solar, the longer you’re vulnerable to volatile price hikes. Act sooner than later. Otherwise, risk feeling like this guy:

How can I future-proof myself against rising electricity costs?

The answer to this one is pretty simple: With a Hybrid Solar system.  

With a Hybrid System that matches your electricity usage you can not only match your usage with Solar you can even make money by selling excess energy back to the grid. We call this a VPP (Virtual Power Plant) agreement.  

These agreements can only be negotiated directly with your energy retailer. AusPac Solar can assist and provide guidance throughout this process. Speak to us to learn more about what a VPP is, or read more here.  

Hybrid Systems are simply solar panels with batteries to store excess energy. This excess energy is used in the evening when you are using most of your power. With no sun in the sky, there’s no energy to power your home, so a battery steps in and does its job.  

These batteries are powerful little energy storage units. Generally, you should have enough energy still to give back to the grid. This is where you can make extra $$ from your system.

Future-proof yourself and look like these two, instead:

So how do you get started?

  1. Provide AusPac Solar with your most recent electricity bill.

    We will review your power usage and develop a design that suits your energy needs.

    We will typically provide you with three separate designs to choose from, all ranging within your monthly budget (if you were to go on finance). We’ll look to develop your designs to be positively geared against what you’re currently paying.

    ,In some instances, AusPac will need to come out to inspect the home, particularly the meter-box, switchboard and review the roof tilt and inspect any shading present.
  1. Once you’re happy with a design and what it can do for you, you accept and opt for your preferred payment method.
  1. AusPac will begin work towards your installation. In some cases an install can take between 4 – 6 weeks from payment to completion of install. Stock and installers are locked in for a date that suits you.  
  1. From point of completion, AusPac will check in with you every 3 – 6 months and monitor the performance of your system ensuring your system is maintaining its goals and purpose. If issues arrive, we are simply a phone call away.  

Where to get started?

Book a discovery call with us here: https://bit.ly/3wkdZtK