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What is a SolarCoin & Its Uses?

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SolarCoin is a cryptocurrency. We all know that nowadays cryptocurrency is becoming the talk of the town, so why not discuss Bitcoin’s environmentally-friendly alternative, that is SolarCoin! There is no doubt that the term cryptocurrency itself is huge and also complicated, so without wasting too much time and creating any confusion, we’ll stick to the basics and will definitely explain anything that you must need to know.

Let’s do a Quick Intro about Bitcoin

Bitcoin is basically one of those digital currencies that are now floating around all over and has much attention these days. The basic fact is that it’s the largest cryptocurrency in the world, after being introduced in the year 2009. The difference between the normal currencies and bitcoins is that bitcoin is a completely digital currency, which means there are no physical coins, but its balances are available for everyone just like other currencies and all thanks to blockchain technology. So, talking about blockchain technology, it is basically a huge database that records and stores data that is related to transactions. Also, it does get more advanced over time, but this is a very basic introduction to Bitcoin and blockchain technology especially for those who might not know much about this new stuff that is a huge talk all around the world.

Is It True That Bitcoin affects the Environment?

Some people might not even think twice about the fact that Bitcoin has a negative effect on the environment, but it does. You must know that Blockchain technology and Bitcoin mining consume a huge amount of electricity. Bitcoin mining is a complicated process and involves the creation of new coins. The process itself is done using powerful and complex computers, so you can imagine, that it obviously requires a lot of electricity. Over the past few years, we’ve seen other cryptocurrencies that were and still are way more energy-efficient and environmentally conscious than Bitcoin. The other options that come in the note are BitGreen, Cardano, and also SolarCoin. 

What is a SolarCoin?

SolarCoin is also a cryptocurrency, just like the others mentioned above. It’s been around 7 years or so and it basically works to encourage the uptake of solar. It helps in speeding up the world’s transition to renewable energy. The interesting fact about the solar coin is that SolarCoin is not bought and sold like Bitcoin is; so you have to earn them based on actions that you take in the real world!

If you really want to get yourself in on the SolarCoin action, here’s a brief about how you can. So, the amount of energy your solar system generates is what determines the amount of SolarCoin you can claim. For your information, as of May 2021, they are issuing 1 SolarCoin for each megawatt-hour of electricity that your system produces throughout its lifetime. Basically, the thing is as long as your system continues to generate electricity, you’ll earn SolarCoin (depending on availability). There are some steps mentioned below that you need to take so as to claim some of this cryptocurrency.

How Can I Get Some of SolarCoin?

You need to submit a claim to register your solar installation before you start earning SolarCoin. You can register your installation through your monitoring system or another platform that you use for the system. Then you have to download an e-wallet on which you have your own residence address just like you fill for a bank account. After this, your monitoring system will send your solar generation to the registered SolarCoin Foundation and they will issue your SolarCoin at the rate they had stated earlier above to your e-wallet. For more information, you can visit the official website of SolarCoin.

What is the next step?

So, if you really need another reason so as to switch to solar then SolarCoin is definitely the one reason for it. This will not only save your electricity bills but also contribute to the environmental benefit. If you have made your mind then what you are waiting for? Just jump on the board with the environmentally friendly cryptocurrency.

Let’s gather all the above points and Summarise

Now, you’ve taken in a lot of information that is required to know about SolarCoin, so let’s have a quick recap. Well, we must notice that Bitcoin has grown into the world’s largest cryptocurrency, and it has encouraged the creation of others that could be more environmentally friendly, such as SolarCoin. The process is very simple to understand as the amount of SolarCoin you can get depends totally on how much electricity your solar system generates. After this, the SolarCoin Foundation then calculates the energy generated through your system and distributes the personalized amount to you. If you’re thinking about getting solar any time soon, this is definitely the right time and if you already have solar, then you don’t even have to wait as well. Do you know the best part? You actually don’t need to risk any of your capital amount with SolarCoin, because it’s purely based on the amount of energy that your solar system generates.

We are not providing many details about the financial advice. So before investing in the world of cryptocurrency, you must seek some financial advice. But if you are thinking about investing in SolarCoin then you must consider the previous steps mentioned above. 

Top 3 Solar Power System Myths In Perth WA

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Solar Power

Australia is considered a world leader in residential solar power having the highest solar uptake globally. They have covered almost 21% of households with solar panels on their roof which clearly indicates that over 2.3 million homes are generating clean solar power of their own. However, there are still some myths regarding solar panels that are busted all around. We will discuss some of the major myths that we hear always. 

Myth #1: Solar panels are way too expensive

Fact: The cost of solar panels has dropped significantly over the last few years

Taking note of the increase in consumer demands and the competition in the solar market and also the various factors which need to be considered, the whole system prices for installation start from nearly $3500.

Looking for a return on investment, then you must know that the payback time of 3-5 years depends on the location and the system life span of 20-30 years. The system can pay for around the next six years which is an outstanding return on investment. 

It is always recommended to the customers as a piece of advice from your supplier that if you see the low prices or something good then you must buy it now. It’s only not worth it if you buy at a low price but sacrifice for the quality as it will not be considered a good decision.

Myth #2: Solar panels harm the environment

Fact: Solar panels are recyclable and there are processes to recycle them

As we can see there are so many solar panels that have been installed over the last few years. So this process needs to be scaled up and we should support the Australian government to help them in speeding this up. The solar panels have a lifespan of 20-30 years, so we can say that we have ample time period to reach that scale. 

While comparing the impacts of solar panels to fossil fuel usage, we can take an example as the carbon dioxide that comes from burning coal can harm the environment in many ways. So we should consider the point that the more solar power transferred to the energy grid, the less coal we have for our future. 

Myth #3: Solar panels are only worth it if you are at home during the day

Fact: Not everyone is home during the day, and still we save the average solar home energy every year compared to households without solar. 

If you install solar panels at your home, then you should always aim to use electricity during the day as the panels absorb more sunlight during the daytime. So even if you are not at home, it is advised to set your appliances on a timer to run during the day.

The other option is that you can also add a battery along with your system. As the solar battery will store your solar energy generated during the daytime and you can use it day or night regardless of whether the sun is there or not.

Ready to switch to solar?

If you are thinking of switching to solar energy, then this is the best time to think about a solar battery as well. We provide the best solar and battery packages that could pay for themselves for the next 7 years.

We have designed our packages specifically for the households that bring you the world-leading solar panels brand along with accredited battery solutions.

Our packages come in a range depending on your energy requirements, house locations, and your specified budget. Apart from that, we provide different financing options so that you can start saving from the beginning itself and your battery could pay over time. 

4kW Solar PV Power/ Panel System in Perth, WA| Installation, Price

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4kW solar panel system in Perth, WA

Solar is the perfect choice for your energy needs. Solar photovoltaic systems are a good long-term investment. The market and technology are developing rapidly. Rates for offers, discounts, and bait vary from country to country and may change at any time. Several options must be considered. Find out if the system can be improved by improving technology and adding batteries or more panels over time. To ensure you maximize your investment, it is important to choose the right system for your budget, lifestyle, and location. Slightly more expensive than other solar systems, the 4kW solar system is still a viable option for small working-class families.

This solar system is less popular than the 3 kW and 5 kW solar systems and is produced in smaller quantities and is, therefore, more expensive. High-quality solar system off-grid like the ones we sell are always provided with Australian warranty and support. Choose us, we are the trusted 4kW Solar System Provider Company in Perth, Australia.

4kW Solar PV Systems Price in Perth, WA

 

Overview Of 4kW Solar Panel
Average cost $3500 and $7,000 (approx.)
Total panels 13
Power generated 18 units/day
Saving $270 per electricity bill cycle (approx.)

 

Benefits Of Off-grid Solar  Systems in Perth, Western Australia

1. Generate free electricity

The big advantage of solar panels is that they produce free electricity. Sunlight is free, so the electricity you produce is also free. The more solar panels you have, the freer electricity you can produce. So, if you want to produce as much free power as possible, you have to install a solar system.

2. Less maintenance

The solar energy system requires almost no maintenance after installation.

3. Reducing CO2 emissions

Another advantage of solar modules is that they can reduce your carbon footprint. Carbon dioxide is released into the atmosphere during the production of most electricity networks. However, solar energy production does not do this by using solar energy instead of electricity from the grid, you will reduce your carbon footprint.

4. Very Safe

Solar energy is a very safe way to produce energy. They have no associated risks: carrying nuclear, oil, gas and coal power plants.

5. Lower your electricity bill

By generating energy through solar panels, you can also reduce your electricity bill. This is because you are using the free solar power that you produce, not the electricity purchased from your electricity supplier. The development of the solar system reduces power consumption and reduces energy costs.

6. Solar power storage

Solar energy is a technology that mainly increases solar energy storage. Technology and demand reduce the cost of installing solar modules and batteries.

Because a 4kW system produces more power than a 1kW, 2kW, and 3kW system, you can get more with this system. 4kW solar panel kit benefits all your basic household or business needs.

4kW Solar Panel Installation For House in Perth, WA

Checklist for solar energy

1. Power consumption and energy costs

The size of your system usually depends on your energy consumption. What do you currently pay for electricity (in kWh or every year)? Consider your energy needs for your household or business processes. You should consider the percentage of the savings on electricity bills with the right solar power systems.

2. Location

Solar panels are best for large, shaded spaces such as sloping or flat roofs. The floor system works best if you have a large open field area. You must consider the solar installation time about the possibility of roof replacement

3. Building ownership

Do you own or rent a building? Who pays for electricity? Do individual builders or tenants pay directly for electricity? Who controls access to the roof?

4.Budget and financing

Understand your budget and How much you are willing to invest in your energy future? What financing options are there? Between federal and state tax incentives, you can often cover up to 65% of the cost of installing commercial diesel and finance the remainder at very attractive interest rates. The return on investment for solar projects is usually around 15%.

5. Excessive energy expenditure

Most solar power companies ultimately produce more electricity than they need. One reason for attractive solar results is the ability to sell excess electricity back to your local utility.

6. Choosing the right partner for solar energy

Installing a solar power system for your business is not easy. However, working with the right partner can minimize complexity and help you make one of the smartest investments you can make, now and in the future.

4kW Solar Systems/ Panels FAQ

1. How much does a 4kw solar panel cost in Perth, WA? 

A good quality 4kW solar panel price lies between $ 3,500 and $ 7,000. And like all solar systems, price is a good indicator of quality. So, if you stay at this price range, you tend to get price/quality. In addition to price, you should also check if there is a guarantee.

2. What are the Dimensions of 4kW solar panel? 

The 4kW solar system has 13 solar panels. The solar panel size has a standard of 1.6 x 1 m, you need a roof space of around 30 m².

3. What is the capacity of a 4kW solar power system? 

Provided you buy a quality system, the solar system pays off for 3 to 4 years. Remember, however, that direct solar energy savings occur. Once your system is installed, you save on electricity costs. If you are a small working family with electricity costs of $ 300 or more per cycle, a solar system is a good choice.

4. What is the daily average power generated by a 4kW solar energy system in Perth, WA? 

High quality 4kW solar energy system produces 18 units per day. However, the amount of power produced depends on where you live and how your system is positioned. Places that receive more sunlight offer greater benefits and yields in summer than in winter. To maximize your location, your system must be positioned to absorb as much direct sunlight as possible. Shadows should be minimized if possible.

Experienced solar panel installers know where and how to position your solar system for optimal results. With their help, your system absorbs as much sunlight as possible, giving you amazing results.

5. How Much Savings Can You Expect From a 4kw Solar Array in Perth, Western Australia? 

With a 4kW solar array, you can save up to $ 250 per cycle on your utility bill. However, actual savings typically range between $ 150 to $ 220 per cycle. How much you get back from your solar system depends on your registration level and the quality of your system. High-quality systems produce more power and maximize your financial benefits. That’s why it pays to buy high-quality panels and inverters that you can afford – believe us, it will pay off in the long run. When you use more solar energy when the sun is shining (and less when the sun is not shining), you get more for your money.

6. How much area does a 4kW Rooftop solar photovoltaic system take in Perth, WA?

The 4kW solar photovoltaic system area needs a roof space of around 30 m².

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