How much will a 1050W grid connected system save?
The average home uses about 18 kilowatt hours per day. The system will produce on average about 3.5 kilowatt hours per day or 1200kwh per year. This will reduce your electricity bill by about $250 a year while reducing the amount of CO2 in the environment by about 1.65 tonnes each year. The solar system will also cushion the impact of future electricity price increases. If a feed-in tariff is introduced, your quarterly electricity bill could reduce by anything up to $180 a quarter in today’s dollars depending on what a future feed-in tariff is set at.