Comparison of the economic benefits and the payback periods of rooftop solar panels in Australia

Muhammad Hayat, Farhad Shahnia, Ali Arefi, Herbert Iu, Tyrone Fernando

    Research output: Chapter in Book/Conference paperConference paperpeer-review

    11 Citations (Scopus)

    Abstract

    Installation of a solar system by a household is a big decision, and there are many factors which need to be considered before this decision. It can be highly rewarding in some cases and for others, it may bring a loss in the investment. The main factors which need to be considered are the electricity consumption tariff, electricity consumption pattern, the location of the household and the tariffs offered by the utility in that area. In this paper, economic incentives of installing a rooftop solar panel and battery system are discussed for a household in different states served by various utilities. A comparison is made to find which states are more suitable in terms of gaining financial benefits from rooftop solar panels.

    Original languageEnglish
    Title of host publication3rd International Conference on Power Generation Systems and Renewable Energy Technologies, PGSRET 2017
    Place of PublicationUSA
    PublisherIEEE, Institute of Electrical and Electronics Engineers
    Pages113-117
    Number of pages5
    Volume2018-January
    ISBN (Electronic)9781509053537
    DOIs
    Publication statusPublished - 1 Jul 2017
    Event3rd International Conference on Power Generation Systems and Renewable Energy Technologies, PGSRET 2017 - Johor Bahru, Malaysia
    Duration: 4 Apr 20176 Apr 2017
    https://ieeemy.org/mysection/events/pgsret-2017-3rd-international-conference-on-power-generation-systems-and-renewable-energy-technologies/

    Publication series

    Name3rd International Conference on Power Generation Systems and Renewable Energy Technologies, PGSRET 2017
    Volume2018-January

    Conference

    Conference3rd International Conference on Power Generation Systems and Renewable Energy Technologies, PGSRET 2017
    Country/TerritoryMalaysia
    CityJohor Bahru
    Period4/04/176/04/17
    Internet address

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