As seen on Open Homes Australia Season 4 and Australia’s Best House Season 3

AGL Free Solar Panels Review

160 AGL Free solarAGL FREE SOLAR PANELS

As of July 1, the good people of AGL solar are offering free solar panels!
And they say there is no such thing as a free lunch! So what’s the catch?

The good news:

  • You can save $180 a year, or $45 a quarter.

The bad news:

  • It’s only if you sign up before 31 July.
  • It’s 2.5 percent less savings every year.
  • It’s a 15-year contract. You can only get out of the contract by buying the system.

Are you serious AGL? Sounds more like a solar scam!

MC Electrical Green Loans

Let’s compare this to our “GREEN LOANS”
With no upfront cost, you can install a 6kW solar system

The good news:

  • A 6kW system repayments are around $115 a month or $350 a quarter.
  • On a 6kw solar system, you can save up to* $550 per quarter ($400 a quarter would not be unrealistic).
  • If payments are $350, and electricity savings are $400, then you’re ahead $50/ quarter.
  • The system is paid off in 5 years, and you save $400 every quarter from then on.
  • These savings increase every year as electricity prices increase.
  • 10 Year complete system warranty (25-year performance on the panel).

The bad news:

  • Based on our entry level 6kW system (but a Sungrow inverter and tier 1 panels are nothing to sneeze at!)

*Calculated at 4.2kWh/kW/day for 90 day, and a today’s rate of 24.4c/kWh.

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Author
Mark Cavanagh

Mark is the Owner and Manager of MC Solar & Electrical. He’s an Electrician, accredited solar installer/designer and an electrical contractor.

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