Solar Power Pricing – Namatjira, NT, 872

Namatjira Solar Power Systems

As at August 2022, Namatjira solar power installations have taken place on 234 homes (postcode area 872).

Namatjira has 5,125 homes so that equals a solar penetration of 5%.

This is lower than the state average of Northern Territory which has a statewide solar household penetration of 25%. So Namatjira is a fair way behind compared to the rest of the state.

The best performing suburb in Northern Territory when it comes to the proportion of homes that have had solar power systems installed is Girraween with a solar household penetration of 43%.

With statewide solar household penetration of 25%, Northern Territory is a bit behind compared to the rest of the country which has solar penetration of 34%.

 

Namatjira Solar Power Statistics:

Number of homes: 5,125

Number of homes with solar: 234

Household solar power system penetration: 5%

Statewide household solar power penetration: 25%

National household solar  power penetration: 34%

We estimate that last year, the homeowners in Namatjira collectively saved $3,045,299 off their power bills! That’s money going straight back into the local Namatjira community.

 

Solar Panels Namatjira Pricing Information

According to our research, the average price for a 6.6kW solar system in Namatjira is $4,000.

For a well performing solar system in Namatjira, we estimate that the electricity generated will be approximately 28 kWh/day.

If 50% of the 28kWh is consumed in the home, and the remainder exported into the electricity grid, we estimate that the annual saving on a typical power bill is $2,524 per year.

This represents a simple payback time of 1.6 years which is a fantastic return on investment.

Solar Finance in Namatjira

We estimate that when financing a $4,000 solar system in Namatjira over 5 years, that the cost of finance in year 1 will be around $973.

This is based on an interest rate of 8% calculated monthly and without taking into account any possible extra charges like establishment fees or admin fees. Of course you need to check these numbers with a professional financial advisor.

Even still this means you may be able to install solar for zero deposit AND it is still cash flow positive. What we mean by “cash flow positive”, is that the amount saved by the solar system installation over one year is greater than the cost of financing that same solar system.

 

Government Solar Rebate in Namatjira

Solar systems installed in Namatjira on residential and commercial buildings are likely to be eligible for a Government rebate under the Federal Government’s Small Technology Certificate (STC) scheme.

The STC rebate is determined by your location in Australia and the size of the solar system that is being installed.

So if you install a 10kW solar system in Namatjira, you are categorised in Zone 1 and likely to be eligible for a $5,365 rebate.

The advertised price and the amount you pay or finance is generally after the STC rebate has been removed from the gross price of the solar system.

The price of the STC does fluctuate so best to keep that in mind too.

Naturally conditions apply to obtaining an STC rebate so it is best to talk to a solar professional.

 

Optimal Solar Panel Placement in Namatjira

In Namatjira, it is best to face your solar panels north at an angle of 24deg. Having said that, the majority of Australian roofs don’t generally have the perfect roof for panel placement so don’t be too stressed if your roof is not optimally orientated with the correct roof pitch.

 

How Does Namatjira Compare with its Neighbours?

Here is how Namatjira compares with its neighbours:

Alice Springs is ahead with a solar penetration of 30%

Calvert is ahead with a solar penetration of 5%

Tennant Creek is ahead with a solar penetration of 12%