The ROI for solar panel installation can be quite favourable. While the exact ROI depends on factors like system size, energy consumption, and available incentives, solar panels typically offer substantial long-term savings on your energy bills.
In addition to energy bill reductions, you may be eligible for government incentives, such as the Smart Export Guarantee (SEG), which allows you to earn money by selling excess energy back to the grid. With potential energy cost savings and incentives, many solar panel installations pay for themselves within a few years, providing a solid return on investment.