Solar panels are set to be more common in many parts of Australia this year as more homes install rooftop solar panels.
The National Solar Council says solar panels on most residential roofs will grow by about a quarter over the next two years, but some are still a ways off.
Solar panel installation and installation costs are increasing across the country, but a new study suggests some parts of the country could be paying a lot more than others.
It found that the cost of installing solar panels has been growing in many areas of Australia, with some parts charging more than $20,000 per home.
The average residential solar panel is about 1.8 times the cost in the US, and Australia’s installed cost is about a third that.
Australia’s installed solar cost per kilowatt hour in 2017 was about $11,600, according to the study, which was commissioned by the Australian Solar Council.
The report also said residential solar panels could cost about $10,000 to install, compared to $3,600 in the United States.
While Australia is on track to install about 800 gigawatts of solar power by 2030, it’s estimated the country will only generate a little more than 1GW of solar electricity by 2031.
However, the Australian Energy Market Operator said solar energy installations would peak in 2020 and the figure would continue to rise.
“Solar energy projects are already being installed in the country,” Energy Minister Luke Hartsuyker said in a statement.
We’re building new solar power stations, and are now building more than 2,000 homes to be built across the state.
“Australia has already set the world’s fastest growing solar power generation.
Solar panels currently cover 1.3 per cent of the total installed capacity in Australia, up from about 1 per cent in 2017.
A report by the Clean Energy Finance Corporation found that Australia has the world, in terms of installed solar capacity, of around 2.6GW of installed capacity.
More than half of that capacity will be installed by 2035.
With about half the installed capacity concentrated in some areas of the state of Victoria, and the other half concentrated in other states, there’s likely to be a lot of uncertainty in the rollout of solar.
In the meantime, the Federal Government has promised to put solar energy on the national grid in 2021.
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