Myth Busting: Victorians prove solar power isn’t just for the wealthy

It may come as no surprise to the vast majority of people that the more money you have the more likely you are to have an energy-saving LCD TV and front-loader washing machine. But would you have expected that the well-off also tend to use more public transport? 

The Australian Bureau of Statistics survey of Victorian households’ energy and water use has generated some great talking points, but one of the most interesting addresses the popular misconception that solar panels are mostly going up on the roofs of the well-off.

The survey found income had little relationship with uptake of solar PV.

quasi-monocrystalline silicon solar panels

Despite the withdrawal of State and Federal subsidies, the payback times for solar power installations are still approximately 4 years, largely as a result of rising energy prices. For more information about the cost of installation in Victoria contact our team of Solar Energy Brokers on 1300 78 72 73 or complete the Solar Quote Comparison.

Perhaps the the uptake in air conditioning (which almost three-quarters of Victorian homes now have), clothes driers, dishwashers and multiple TV’s and fridges is why we are seeing electricity bills pushed ever higher. While Victorian government currently offers the best feed in tariff (at 25 cents/ kWh), the dramatic reduction in the Queensland Solar Feed in Tariff and suggestions that Victorias’ 75 MW cap will be met in the near future mean that this could soon be a thing of the past.

© 2012 Solar Choice Pty Ltd

Rebecca Boyle