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Electricity cost shock sparks surge in solar system interest

3 November, 2022

Shock power price predictions have prompted a 69 per cent surge in householder enquiries for RAA’s Solar and Battery Storage services.

Phones at RAA had already been running hot on the back of mid-year warnings by the industry and consumer groups of significant prices rises on the horizon.

And householder interest in switching to solar was further fuelled by last week’s Federal Budget predictions of a 56 per cent – or average $1000 – increase in annual electricity bills by the end of next year.

Latest RAA figures show a 69 per cent surge in enquiries and a 55 per cent jump in quotes for RAA solar services last month compared to October last year.

RAA Solar and Battery Storage spokesman Ben Halman said the spark in interest was not surprising.

“On average people can save between 50 and 75 per cent on their electricity bills per year,’’ he said.

“As well as saving money on their power bills, solar systems also significantly reduce a household’s carbon footprint, which is great for the environment.’’

Solar systems are already popular in SA, with more than 300,000 homes already having rooftop panels, according to the Clean Energy Regulator.

RAA has been offering solar panels and storage batteries since 2020, and our sales increased 76 per cent in the second year of operation.

“And this year we are on track to more than double sales in 2021,’’ Mr Halman said.

“Pleasingly, our surveys also show nine out of ten customers said they were satisfied or very satisfied with our service.’’

Mr Halman said cost of living was an issue effecting all our members and energy costs were a considerable part of people’s household bills.

“We wanted to tackle high power prices and associated bill shock through the provision of solar and battery services,’’ he said.