Solar power saves average household $653 each year

AUSTRALIANS spend as much on solar power as they do on tea and coffee, a report says.

The State of Solar 2016 report, released yesterday, said there were now solar photovoltaic (PV) generators on 16.5% of households and that Australians had saved $4.4 billion in electricity bills since the 2007-08 financial year because of solar power.

Solar Citizens national director Claire O'Rourke said 23.2 million solar panels had been installed - equivalent to one panel for every man, woman and child in the country.

"Solar panels are now a regular and normalised part of Australian life," Ms O'Rourke said.

"In fact, Australians spend as much on their solar as they do on tea and coffee."

The report said the average Australian household with solar power saved $653 on their electricity bills each year.

In Queensland, the average home with solar power saved $575 in electricity every year and in NSW the average solar-powered home saved $574 a year.

Northern Territory households saved the most - an average of $1989.

The State of Solar report said solar owners had prevented 24.6 million tonnes of carbon pollution since the 2007-08 financial year.

In 2016, Australia's rooftop solar generators would prevent about 6.3 million tonnes of greenhouse gases emissions, the report said.

"That's the equivalent of taking one third of all trucks off Australian roads," the report said.

In the 2014-15 financial year, Australians invested $1.2 billion in small-scale solar systems.

This was slightly less than in the 2013-14 financial year, when investment reached its peak at $1.4 billion.

Of all the states and territories, the report said Queensland recorded the highest investment amount.

"With five million people living under a solar-powered roof, Australia has the highest levels of rooftop solar in the world," Ms O'Rourke said.

"This transformation has happened in just six years."


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