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How solar panels can help you cut the cost on your electricity bill

How solar panels can help you cut the cost on your electricity bill

New research from the University of South Australia has shown that battery power storage has reached a tipping point where it’s worth the money and can help save families money.

Samantha Corns’ family of five uses batteries to power their home. The battery stores energy generated by her rooftop solar panels and costs her $9,000 after subsidies.

It has dramatically decreased her power bills.

“We should be absolutely zero, in credits actually,” Ms Corns told  9News.

“It just made financial sense then.”

Researcher Vanika Sharma agrees.

“They can actually save money now, if they get the right battery at the right size, at the right price,” researcher Vanika Sharma said.

However, it’s important to do your research before jumping into the world of solar panels. This includes knowing the size of current solar panels, how much energy your household consumes per day, the price of power currently and how much you’d get for feeding the power generated from the battery back.

“Definitely we need something to become reliable... and the battery storage is that. It will make that solar energy reliable,” Ms Sharma said.