With residential solar panels becoming more popular every passing day, Australia is making record solar installations for households all over the world. For houses that need less power output, 5 kilowatt (5kW) solar systems are the best choice. They are highly preferred for good energy yields and a great return on investment.
- Panels & Roof Space for A 5kW Solar System
When it comes to panels, a modern day 5kW solar system comprises of about 15-20 panels. These panels will need around 25-35 m2 of roof space. The space needed also depends on the wattage of the panels you are planning to install.
- Costs Involved in Installing a 5kW Solar System
Because of the rising demand of solar in Australia, it is home to low cost solar PV systems in the world. The average cost of installing a 5kW solar panel system goes approximately to $1.03 per watt to $1.40 per watt.
- Power Generation Output for a 5kW Solar System
The amount of power generated by a 5kW solar system depends on a number of factors, including:
- Geographical location of the system
- Orientation and tilt angle of the panel
- Degree of shade cast on the panels
- Operating temperature of the panels
- Performance of all the components
Return on Investment for a 5kW Solar System
Investing in a 5kW solar panel system is one of the best choice a homeowner can make when it comes to going solar and producing their own energy. The financial returns from this installation is a bit harder to work out and depends on solar feed-in tariff available. This tariff includes the amount paid to the owner for each unit of solar power exported to the grid.
So, these are some important aspects of a 5kW solar power system project you need to keep in mind before investing dollars in installation. If you are planning to go solar, get in touch with our CEC accredited solar installers who can guide you about which capacity of system will meet your needs in the best possible way.
