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Is $8,094 to install a solar battery system a fair price?

Project Details

I've just received a quote for a solar battery to be installed with our existing 24 solar panels. We are currently two adults with a baby on the way. I work from home 3 days a week, and my partner works 1 day from home. With maternity leave, I expect our bills will go up, even though we are quite frugal. I'm wondering if this is a good price for a nearly 20kW battery installation. The sales representative emphasized that the rebate will decrease in FY26, suggesting now is the best time to get the battery installed, and I'm curious if there's any truth to this. Even if we only stay in this home for 5-7 years, I assume the solar plus battery installation will add value to the home for future homeowners. I'm also questioning if we need to double the output of the inverter given the number of panels we have, especially since our panels have been there for about 10 years and may have lost some efficiency.

Quote Details

This quote is for the full installation of a solar battery system to an existing 24 solar panel setup. The total cost includes installation and is after any applicable rebates. - Inverter: H2 Series Single Phase Hybrid Inverter, 4.999 kW - Battery: B2 Series lithium Battery, 18.0 kWh Usable Capacity - Inverter Warranty: 12 years - Battery Warranty: 10 years

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More Details

Category

Solar

Price

$8,094

Quote Date

May 22, 2024

Battery Storage?

No

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