Australia : Saving $1 Billion Per Year In Solar

Australia : Saving $1 Billion Per Year In Solar

Australia is really one of the successful countries that uses solar energy, making country’s citizens to save up to $1 billion per year.

“Australia reached 23.2 million solar PV panels installed earlier this year — the equivalent of one per person in the country,” Solar Citizens report said.

Solar Citizens also took a research about on how much solar owners saved on their regular electricity bills, and they found out that solar households is saving $4.4 billion on their power bills since FY 2007–2008, and have been saving around $1 billion every year over the past three years.

National Director of Solar Citizens, Claire O’Rourke, stated “The pace of rooftop solar installation in Australia has been nothing short of phenomenal in recent years. Solar panels are now a regular and normalized part of Australian life. In fact, Australians spend as much on their solar as they do on tea and coffee.”

On the other hand, solar investments shows that 1.5 million Australian households and small businesses have invested more than $8 billion into rooftop solar photovoltaic (PV). During the 2014–2015 financial year, Australians invested $1.23 billion in rooftop solar — compared to only $118 million invested in large-scale solar projects in the calendar year 2014. So far, it is the hard-earned cash of Australian homeowners and small business owners that is driving the renewable energy transformation in Australia.

Claire O’Rourke also added “Australians are leading the renewable’s charge and this new set of data plainly reveals that investment in solar PV has been the backbone of the renewable’s revolution in Australia.”

Lastly,O’Rourke concluded “Australian political leaders need to understand just how much the average Australian themselves have committed of their own money to play a part in the transition of our power system. With 5 million Australians (or 1 in 5 voters) living under a solar roof, this is potent political constituency.”

Author: Darvin Tocmo

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