Future of Solar in WA: Dealing with Declining Feed In Tariffs WA

Western Australia (WA) has long been a haven for solar energy enthusiasts. With abundant sunshine and a proactive community keen on sustainability, the solar market has flourished. However, the landscape is shifting as feed-in tariffs continue to decline. What does this mean for solar system owners and those considering the switch? Let’s delve into the future of solar in WA and how you can navigate these changes.

Understanding Feed-In Tariffs

Feed-in tariffs (FiTs) are payments made to solar system owners for the electricity they feed back into the grid. These incentives have been pivotal in driving solar adoption across WA, making solar systems an attractive investment. However, as the cost of solar technology drops and the grid becomes increasingly saturated with solar energy, FiTs have been gradually reduced.

Declining Feed In Tariffs WA

In recent years, WA has seen a significant reduction in FiTs. The WA Government announced that from July 2020, new solar customers would receive lower FiTs compared to earlier rates. This trend is expected to continue, prompting a need for solar system owners and potential buyers to rethink their strategies.

Maximizing Solar Savings Despite Lower FiTs

While declining FiTs may seem discouraging, there are still numerous ways to maximize your solar savings:

1. Increase Self-Consumption

One of the most effective ways to deal with lower FiTs is to maximize your self-consumption. By using more of the electricity your solar system generates, you reduce the amount of electricity you need to buy from the grid, saving you more money. Consider running appliances like dishwashers, washing machines, and pool pumps during the day when your solar system is producing the most energy.

2. Invest in Battery Storage

Battery storage allows you to store excess solar energy produced during the day for use at night or during periods of low sunlight. This not only increases your self-consumption but also provides a backup power source during grid outages. With the declining costs of battery storage systems, this is becoming an increasingly viable option for many households.

3. Monitor and Manage Energy Usage

Smart energy management systems can help you track your energy usage patterns and optimize the performance of your solar system. By understanding when and how you use energy, you can make informed decisions to further increase your self-consumption and reduce reliance on the grid.

4. Consider Solar Hot Water Systems

Solar hot water systems can significantly reduce your energy bills by using solar energy to heat water. This not only lowers your electricity usage but also complements your solar PV system by increasing your overall solar savings.

The Future of Solar in WA

Despite the Declining Feed In Tariffs WA, the future of solar in WA remains bright. Technological advancements, decreasing costs of solar and battery storage, and a strong commitment to renewable energy all point towards a sustainable future. Solar energy will continue to be a key player in WA’s energy landscape, providing clean, affordable, and reliable power to homes and businesses.

Get the Best Solar Quotes with Sun Quotes

Navigating the changing solar landscape can be challenging, but you don’t have to do it alone. At Sun Quotes, we connect you with the best solar system quotes from nearby retailers, ensuring you get the most competitive prices and the latest technology. Whether you’re looking to install a new solar system, upgrade your existing setup, or add battery storage, we’ve got you covered.

Ready to Future-Proof Your Solar Investment?

Get started today with Sun Quotes and make the most of your solar potential. Raise a quarry for personalized quotes and expert advice to ensure your solar system is optimized for the future. Don’t let declining feed-in tariffs deter you—embrace the sun and save with Sun Quotes.

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