Australians are increasingly choosing rooftop solar panels, and it’s paying off—solar-powered households are cutting their energy bills significantly. Recently, Australia celebrated its four millionth rooftop solar installation, underscoring its leadership in solar adoption. Australia has a long history with solar power, as the concept of the modern solar panel originated here. Today, one in three Australian homes has rooftop solar, with the country on pace to add around 3.15 gigawatts of new solar capacity this year. For households, the switch to solar can mean savings of over $1,500 per year on energy costs.
It also helps the energy grid overall, lowering wholesale electricity prices and reducing the need for more costly energy sources during the day. The rapid growth of solar has been fueled by the Small-scale Renewable Energy Scheme (SRES) introduced by the former Labor Government, which reduces the upfront cost of solar panels by approximately 30%. Minister for Climate Change and Energy, Chris Bowen, highlighted that Australian homeowners are leading the shift toward renewable energy and demonstrating that it brings real financial benefits.
Minister Bowen, said in a statement, “When it comes to powering our homes, Australians know nothing will beat our sun. We are lucky to call the sunniest continent on earth home, which means we’ve got access to the cheapest and cleanest renewable energy resource at our fingertips. Aussie homeowners know rooftop solar is a no-brainer when it comes to bringing down bills, which is why we have been installing about 300,000 rooftop systems a year and there is no sign of that slowing down.
He further added, “The four millionth solar installation is an incredible milestone for Australia and another sign of how the Albanese Government’s Reliable Renewables Plan to bring on more of the cheapest and cleanest form of energy is working for Australian households. This is all in stark contrast to the Opposition’s anti-renewables obsession being exploited under the guise of a nuclear scheme that won’t create any jobs or energy for another 20 years and would only push up bills and slow down cheap renewables.”
The Clean Energy Regulator manages this impactful program, which saw significant growth under the former Labor Government. Between 2009 and 2011, they expanded the Renewable Energy Target (RET) scheme, including the Small-scale Renewable Energy Scheme (SRES).
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