How solar can help you save
Compare the Market’s Head of Energy, Meredith O’Brien said solar panels are a good way to help lower your electricity bills while reducing your reliance on fossil fuels.
“That includes both large scale solar projects as well as rooftop installations.
“If you are able, installing rooftop solar on your home could save you money over the long term by reducing your electricity bills, while at the same time lowering your carbon footprint,” Ms O’Brien explained.
“In some cases, if you produce more energy than you consume, you can even sell that excess energy back to the grid for a bill credit in Australia.”
Ms O’Brien said there are also other ways to save on your electricity bill if you can’t install solar panels on your home.
“Even if you don’t have solar panels, you can still save money on your bills by paying attention to energy efficiency ratings when buying appliances, turning off lights and appliances when not in use and even insulating your home with the clever use of furnishings, curtains and draught stoppers.”
If you live in Australia, you could also try using our free online tool to compare energy plans and see if there is a better deal out there for your personal circumstances.