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BuildTurbines.com: A Resource for Wind Energy Careers

Buildturbines.com is a resource for people joining the wind energy industry, from technicians to sales and marketing. The website includes career path information with experience and certifications needed as well as salary ranges. With in-depth articles and a training school location map, buildturbines.com is what you need to get started on your new career path.

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Allen Hall: Welcome to this July 4th edition of the Uptime Wind Energy Podcast. I’m your host, Allen Hall, and I’m here with Joel Saxum, and we have some exciting news to share.

Joel Saxum: So the exciting news is that we put a new website together. It’s called buildturbines.com, and why we did it is to get more exposure to the wind industry.

We know we have a technician problem. Allen and I have talked to many people trade shows in person, our wind farm tours that we do, of course. Anybody you talk to in the wind industry, every single company is saying, Hey, everybody’s a recruiter. Everybody’s a recruiter. We need people. And then you even get down to the the training centers, the community colleges, they’re thinking, Hey, we need students.

We need students. And just the simple fact that we have a little bit of reach in the wind industry. We said, what can we do about this? So we put together some resources. On a website, it’s BuildTurbines. com again and we’re going to continue to keep adding to it to make it into a resource for anybody that’s interested in getting into the wind industry, whether it’s from a technician standpoint.

All the way to engineers and back office people, we want to put resources out there for them.

Allen Hall: Yeah, and the big push from an industry standpoint obviously is in employment, trying to get people into the positions or having a really difficult time. That is obvious and that even though some of the trade training schools and community colleges, which are doing a lot of the training in the United States, are having a hard time keeping those programs up and running because just the number of people applying for those positions to enter into a trade school is relatively low.

And I think it’s because a lot of young people don’t know that they can have a career and win. That is a long term career. You can make good money. You can raise a family on it. And you don’t have to have a college degree to go do it. And we’re just trying to raise some awareness about it and we’ve put out some information on the social media platforms LinkedIn, obviously.

We’re on the web at buildturbines. com and then we also have an Instagram page, which, the Instagram page looks great so far, Joel.

Joel Saxum: Yeah. Technicians are on Instagram, right? People are on Instagram these days. On the Instagram page, we’ll be sharing all kinds of resources. We’ll be sharing pictures. We plan to, right?

This is our goal with this. And we want to share pictures from the field, videos from the field, people doing their job every day. What’s actually happening out there. And then get people interested in, get young people interested, get mid career people interested in the wind industry, get vets coming out of their respective branches interested in the wind industry.

We sit in an odd space, right? The wind turbines are an oddly visible thing, right? They’re huge. You drive down the road, you see these things. So they’re visible to the person, but however, the industry isn’t that visible to the person, right? So you may see these turbines in your backyard or down the farm or in the next county over, but you look at them and you go I don’t know, how do I get in?

How can I do that? How can I get in? How can I work on these things? How can I get into that industry? Where we have competing industries is in not the same space, but like spaces, say the oil and gas world. When the oil and gas world needs people, they say, Hey, come to this. They’ll put out, ads on the, in the paper and ads on radio and stuff of this sort saying, come to this, we’re having a hiring fair, come to this hotel, bring your resume we’ll get people into jobs in the oil field that way.

We don’t do that as a wind industry because we do need a little bit of. Specific skills. If you’re, working on blades, you may have a work at heights thing. We might be working on ropes. There’s specific trainings that we need to go through all these things. Nothing’s really super basic.

But we need a resource for everybody to go to, right?

Allen Hall: So that’s what the, that’s what this thing’s going to do. Now, when you go to buildturbines. com, there is a jobs report. You can click on that link and you can download that jobs report. And what’s inside of there are the qualifications you need to be a win.

Turbine technician entry level or blade repair person or to be a site manager and which a lot of people don’t realize like those skills are achievable for a lot of people already in oil and gas or already in another industry or Just coming out of high school or coming out of community college those skillsets you probably possess As Joel pointed out, you may need a couple of training programs to get you introduced to the field, but nothing complicated.

We’re talking about usually a couple of weeks for a lot of these programs to get introduced, get the safety training you need, get yourself out in the field. If you have basic mechanical skills, basic electrical skills, you will be able to find employment relatively quickly in the wind industries, unlike some other industries at the minute.

And I think that’s the point, Joel, is that a lot of people are looking in places where there are not opportunities, and meanwhile Wind is, you should be knocking on the wind door right now.

Joel Saxum: Yeah, for sure. Every company that you talk to is looking for people, looking for good people. A lot of entry level technicians come out there just come, go out and do a hard day’s work, or a good day’s work, and you’re it.

On the website, we have a few different things, right? One of them being just some articles. If you’re new to the winnings field and don’t know that much about it, there’s just some information. What a day in the life looks like. How, what kind of technology you’re working with. What does it look like to work in cold weather?

Those kind of just general things or interesting things of little pieces of information that we’ve gathered over the years. And we’ll continue to add to that as well. We also have a section for training schools. So there’s a map and it has basically a nation, it’s a, there’s a nationwide search there for all kinds of training schools.

We also have on that same page some of the featured wind energy training schools. And these are friends of the podcast. These are people we know, people we’ve visited, we’ve been to their facilities. We encourage anybody that has a, a wind energy training school, get ahold of us get some input on this thing.

Share your marketing with us. How are we, how can we drive more people to you guys? That’s what we want to do here. We also have a section on the website about career paths, right? So we walk through the, wind turbine technicians, offshore wind technicians, site manager, project managers, engineers permitting specialists, safety, sales, all kinds of different things in this industry.

But we’ve gone to a little bit further of a level saying, okay, what does the job do? So what does a wind technician do? What kind of qualifications are required? What kind of on the job skills will you learn? Or is it nice to have? What are the salary expectations, right? How can you earn a living?

Like what, it’s a these are, this is the fastest growing industry by every job report that the federal government puts out and how can you earn a living in it? How can you make some money? The money’s there. The money’s good. Especially in some of these rural areas. So we have all of these different resources on the website.

It will continue to grow. It’s a living document, right? It’s like anything and we are happy to grab any kind of input from the market too.

Allen Hall: Yeah, and if you’re looking for a training school, and a lot of people new to the wind energy marketplace want to take some training, it’s probably the right thing to do for a lot of newcomers.

It can be hard to find training schools around you just searching the web. I don’t know why that is at the moment, but some of them are well hidden on the web. They’re there. They’re probably within an hour or two of where you currently are. But it’s sometimes hard to figure out where those resources exist.

So if you just go to build turbines. com and click on the link training schools, it’ll take you right there. There’s a map. You can find something real close to you and start talking to the advisors or the counselors at those schools and those training facilities to see what it would take to get started there.

And I think that’s one of the impediments, honestly, Joel, is that a lot of newcomers to the industry don’t realize that there is training close by.

Joel Saxum: Yeah, for sure. There’s 185 different programs in the states on this map in this resource from energy. gov. We know that there’s new ones popping up all the time, and some of the specific company ones may not be listed on here, right?

If it’s a Pierce Renewables or something like that is an internal company one, they would grab people and they put them through training, of course. They may not even be listed on this. So there’s even more than 185 on here. But when you look at the map training centers in probably 45 of the 50 States, to be honest with you.

Of course, a big concentration in the Midwest, right? So you see a lot of them in Illinois Iowa, Kansas, Texas up in even the Colorado, but there is also a heavy concentration of wind training schools over in the East coast. So we’ve got, of course, we’ve got some offshore wind happening over there, but the people may not know this very much, but there’s quite a few wind turbine farms.

In Pennsylvania and there’s up all the way into Maine and New York and West Virginia has some, so no matter where you are around the country, there’s wind and wind energy and wind resources near you and, Training schools to boot.

Allen Hall: And inside the jobs report, as Joel has mentioned, there are salary ranges, particularly for newcomers to the industry.

Those salaries are pretty high. Good. Sorry. I was, when we put this together, I was shocked at some of the entry level positions of what you could get. And that’s great. What the industry is looking for is qualified people, and they’re having a hard time doing it. So this is the right time to get interested and to look into being Wind at any level.

And that’s what buildturbines.com is all about. It’s just a resource for the industry to, to try to grow the number of people entering the industry that want to move up in the industry. And we do have a lot of resources there. And as, as Joel’s pointed out, it’s meant to be a resource for the industry.

Use it. Go to the Instagram page. There are some great videos up already there about. Learning how to be a wind turbine technician, how to get in, what some of the training schools look like. Those are easy. A couple of minutes of your time and you’ll, you can get educated pretty well on what the next steps are.

So it’s not particularly difficult to do and enter and to get started. But that’s the hard part, right? Getting started is the hard part. And Joel, particularly down in Texas, where the need for wind turbine technicians is so great, there’s a huge demand down there right now.

Joel Saxum: Yeah, it’s massive.

And Texas is, I think Texas says of 2020, Three produced almost 24 percent of the wind energy in the entire country, right? Like the amount of turbines down there is just astounding. It’s crazy. So we were talking Texas, but if you look at the whole country right now, we’re just shy of about 75, 000 turbines installed, 75, 000 turbines.

That’s a lot of work that needs to be done. And this is what’s installed, right? So in this job on build turbines. com, we have also things that aren’t directly related to being a wind turbine technician. There’s some language in there about how to get further down the road of being an environmental or a permitting person or someone in safety or someone in sales and marketing in the renewable industry.

We don’t need just technicians. We need the full gamut. Like this whole industry is booming. It’s growing. And we’re talking turbines here, right? Renewable energies is not just turbines, there’s battery storage and there’s solar and a lot of these skills can go from industry or I would say industry sector to sector, right?

I know we talked with a very big ISP just the other day and they said that’s one of the things they’re doing with training their people. They got wind people and they’re training them to work on solar stuff. So when they can’t get out on wind projects, they can go work on solar projects or battery storage projects or electric vehicle infrastructure or freaking timing, climbing telephone communications towers, like all of these things intertwine.

So they’re the. Opportunities are not just, hey, you can go work on a wind farm. There’s a lot of growth and a lot of career paths that can be chosen from here.

Allen Hall: And I think you do point out a good fact, Joel, that a lot of people that are in solar, that are in battery storage, came from wind. That they got trained up and went because it’s a good place to really learn a lot get your hands on actual equipment Learn how to operate it learn the intricacies Understand what’s happening on the power generation side.

Those are valuable skills that you can shop elsewhere So even if you wanted to change industries now, you’re loaded now your potential has gone way up in the meantime You’ve made a lot of money Pretty good living at being in the wind industry, and I think that’s key, and you have pointed out, too we’re not just focused on technicians, even though that’s where the demand, a lot of it, is right at the moment, but they need procurement people, they need front office people, they need back office people, they need people everywhere at wind.

And engineering is another one too, Joel, right? That there’s just not enough engineers in it. We see this all the time. There’s demand for engineers is at an all time high, I think, in Wnt. They can’t find enough people. And that’s what BuildTurbines. com is all about. It’s just trying to raise awareness and connect you up with the schools and hopefully eventually with your future employer.

Joel Saxum: Allen, I bet you in a month’s span, you and I probably have conversations with what represents 50 percent of the installed capacity in the United States. I would bet that’s the case and it is crazy how many times we run into people that are like, yeah, I’m in charge of whatever it may be rotating equipment for all of our turbines.

It’s Oh, so you have a degree in that. And you’ve trained in it. It’s Nope, I’m just an engineer that just needed an engineer. So so many good people out there, but people that are specifically trained for wind. It’s hard to freaking find them. So we encourage everybody to check out the website.

If you have any questions or input, get ahold of us. We’re happy to have a conversation, or if you have something where you point out on the website, Hey, this is not quite correct. Hey, we can adjust it, right? We own it. Let’s make this a resource for the whole industry and let’s do it as a team.

https://weatherguardwind.com/buildturbines-resource-wind-energy-careers/

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Marinus Link Approval, Ørsted Strategic Pivot

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Marinus Link Approval, Ørsted Strategic Pivot

Allen discusses Australia’s ‘Marinus Link’ power grid connection, a $990 million wind and battery project by Acciona, and the Bank of Ireland’s major green investment in East Anglia Three. Plus Ørsted’s strategic changes and Germany’s initiative to reduce dependency on Chinese permanent magnets.

Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard’s StrikeTape Wind Turbine LPS retrofit. Follow the show on FacebookYouTubeTwitterLinkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes’ YouTube channel here. Have a question we can answer on the show? Email us!

Good day, this is your friend with a look at the winds of change sweeping across our world. From the waters around Australia to the boardrooms of Europe, the clean energy revolution is picking up speed. These aren’t just stories about wind turbines and power cables. They’re stories about nations and companies making billion dollar bets on a cleaner tomorrow.

There’s good news from Down Under today. Australia and Tasmania are officially connecting their power grids with a massive underwater cable project called the Marinus Link.

The project just got final approval from shareholders including the Commonwealth of Australia, the State of Tasmania, and the State of Victoria. Construction begins in twenty twenty six, with completion set for twenty thirty.

This isn’t just any cable. When finished, it will help deliver clean renewable energy from Tasmania to millions of homes on the mainland. The project promises to reduce electricity prices for consumers across the region.

Stephanie McGregor, the project’s chief executive, says this will change the course of a nation. She’s right. When you connect clean energy sources across vast distances, everyone wins.

The Marinus Link will cement Australia’s position as a leader in the global energy transition. But this is just the beginning of our story from the land Down Under.

Here’s a story about big money backing clean energy. Spanish renewable developer Acciona is moving forward with a nine hundred ninety million dollar wind and battery project in central Victoria, Australia.

The Tall Tree project will include fifty three wind turbines and a massive battery storage system. Construction starts in twenty twenty seven, with operations beginning in twenty twenty nine.

But here’s what makes this special. The project has been carefully designed to protect local wildlife. Acciona surveyed eighty two threatened plant species and fifty six animal species near the site. They’ve already reduced the project footprint by more than twenty four square kilometers to protect high value vegetation areas.

This massive investment will create construction jobs and long term maintenance positions in the region. It will also provide clean electricity to power hundreds of thousands of homes while reducing reliance on fossil fuels.

When companies invest nearly a billion dollars in clean energy, they’re betting on a cleaner future. And Australia isn’t the only place where that smart money is flowing.

The Bank of Ireland is making headlines today with its largest green investment ever. The bank has committed eighty million pounds to East Anglia Three, an offshore wind farm that will become the world’s second largest when it begins operating next year.

Located seventy miles off England’s east coast, East Anglia Three will generate enough clean electricity to power more than one point three million homes.

John Feeney, chief executive of the bank’s corporate division, calls this exactly the kind of transformative investment that drives innovation and accelerates the energy transition.

This follows the bank’s earlier ninety eight million pound commitment to Inch Cape wind farm off Scotland’s coast. The Bank of Ireland has set a target of thirty billion euros in sustainability related lending by twenty thirty. They’ve already reached fifteen billion in the first quarter of this year.

When major financial institutions back clean energy this aggressively, they’re signaling where the smart money is going. But what happens when even the biggest players need to adjust their sails?

Denmark’s Orsted is recalibrating its strategy amid changing market conditions. The company is considering raising up to five billion euros to strengthen its financial position while scaling back some expansion plans.

Orsted has reduced its twenty thirty installation targets from fifty gigawatts to between thirty five to thirty eight gigawatts. But don’t mistake this for retreat. The company is focusing on high margin, high quality projects while maintaining its leadership in offshore wind.

The company’s Revolution Wind project in Rhode Island and Sunrise Wind in New York remain on track for completion in twenty twenty six and twenty twenty seven. These projects will deliver clean electricity to millions of Americans.

CEO Rasmus Errboe is implementing aggressive cost cutting measures, including reducing fixed costs by one billion Danish kroner by twenty twenty six. The company plans to divest one hundred fifteen billion kroner worth of assets to free capital for core projects.

Sometimes the smartest strategy is knowing when to consolidate and focus on what you do best. For Orsted, that’s building the world’s most efficient offshore wind farms. And speaking of strategic thinking, Europe is planning ahead for energy independence.

Germany is leading a European push to reduce dependence on Chinese permanent magnets. The German wind industry has proposed that Europe source thirty percent of its permanent magnets from non Chinese suppliers by twenty thirty, rising to fifty percent by twenty thirty five.

Currently, more than ninety percent of these vital rare earth magnets come from China. The German Federal Ministry for Economic Affairs and Energy is backing this diversification effort, working with industry associations to identify alternative suppliers.

The roadmap calls for turbine manufacturers to establish contacts with new suppliers by mid twenty twenty five, with production facilities potentially operational by twenty twenty nine.

Karina Wurtz, Managing Director of the Offshore Wind Energy Foundation, calls this a strong signal toward a new industrial policy that addresses geopolitical risks.

This isn’t just about reducing dependence on one country. It’s about building resilient supply chains that ensure the continued growth of clean energy. When an industry plans this thoughtfully for its future, that future looks very bright indeed.

You see, the news stories this week tell us something important. From Australia’s underwater cables to Germany’s supply chain strategy, the world is building the infrastructure for a clean energy future. Billions of dollars are flowing toward wind power. Major banks are making their largest green investments ever. Even when companies face challenges, they’re doubling down on what works.

The wind energy industry isn’t just growing. It’s maturing. It’s getting smarter about where to invest and how to build sustainably. And that means the winds of change aren’t just blowing… they’re here to stay.

And now you know… the rest of the story.

https://weatherguardwind.com/marinus-link-orsted/

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Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request

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Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request

WASHINGTON, D.C., August 6, 2025 – The American Clean Power Association (ACP), American Council on Renewable Energy (ACORE), and Advanced Energy United, released the following statement after submitting a joint rehearing request to urge the Department of Energy (DOE) to reevaluate their recent protocol issued with the stated goal of identifying risk in grid reliability and security:

“As demand for energy surges, grid reliability must rely on sound modeling, reasonable forecasts, and unbiased analysis of all technologies. Instead, DOE’s protocol relies on inaccurate and inconsistent assumptions that undercut the credibility of certain technologies in favor of others.

“Americans deserve to have confidence that the government is taking advantage of ready-to-deploy and affordable resources to support communities across the country. Clean energy technologies are the fastest growing sources of American-made energy that are ready to keep prices down and meet demand.

“Providing a roadmap that offers a clear-eyed view of risk is critical to meeting soaring demand across the country. The Department of Energy report missed the opportunity to present all the viable types of energy needed to address reliability and keep energy affordable. We urge DOE to reevaluate and enable those charged with securing and future-proofing our grid to meet the moment with every available resource.” 

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ABOUT ACORE

For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.

Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org

The post Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request appeared first on ACORE.

https://acore.org/news/joint-statement-from-acp-acore-and-aeu-on-doe-grid-reliability-and-security-protocol-rehearing-request/

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5 Ways To Finance Your Solar Panels In Australia

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While it’s widely known that solar power can dramatically cut your long-term electricity costs, the initial investment in a home solar panel system can be a major barrier for Australians.  

A high-quality residential system, such as a 6.6kW setup, can easily exceed $6,000, and for most households, that’s not spare change. 

However, luckily, in Australia, there’s a smart way to bridge this financial gap. That’s by choosing solar financing options! 

Unlike traditional forms of debt, solar financing can actually pay for itself over time, making the installation process easy and affordable for all groups of people.  

Moreover, by structuring the system properly, a well-sized and efficient solar system can generate significant savings on your energy bill. But not all financing options are created equal.  

The difference between a solar system that boosts your savings and one that drains your wallet often comes down to the financing terms you choose. 

Therefore, at Cyanergy, we’re here to walk you through 5 of the most effective ways to finance your solar panels in Australia. This will help you take control of your energy future, without creating any financial stress.

How Much Does a Fully Installed Solar System Cost in Australia?

In Australia, the cost of a fully installed residential solar system in 2025 generally ranges between $3,500 and $10,000, depending on system size, component quality, and your geographical location. 

However, on average, the cost is $10,000, and people paid from $7,000 to $20,000 for their 10 kW systems 

So, what causes the price differentiation of solar panels? 

  1. The quality of panels and inverter brands, such as SunPower, Q Cells, or Fronius, may come at a higher cost.
  2. Installer rates and reputation matter for cost variation.
  3. Location is a factor, as urban areas often get more competitive quotes than regional or remote areas.
  4. The type of roof and its installation complexity may increase the cost.
  5. Optional battery storage adds $7,000–$15,000, depending on capacity. 

5 Common Methods For Solar Financing for Australians in 2025

Common Methods For Solar Financing

Solar panel financing helps homeowners get the benefits of solar without paying the full cost up front. Instead, you pay in installments through loans, leases, or other payment plans, making solar more affordable over time. 

Don’t worry! It’s not just another debt; it’s a smart way to take control of your energy bills because a well-financed solar system can save you more money than the amount you spend on the investment.  

So, when you want lower power bills and enjoy more energy independence, going solar makes sense.  

But as soon as you start looking into the numbers, it can feel overwhelming. A quality solar system isn’t cheap. And for many Aussie families, it’s a big financial decision.  

Then come all the financial terms, such as zero-interest, buy now, pay later (BNPL), green loans, and solar leasing, which also leave residents even more perplexed. 

Find them confusing, too?  

So, let’s break down 5 ways to finance your solar panels in Australia to help you make the smartest, stress-free decision for your home and your wallet. 

1. Cash Payment

Investing in a solar power system can be highly profitable if you are debt-free and have available cash. Solar systems offer tax-free returns that surpass the current interest rates offered by banks or the government.   

For those who consume a significant amount of electricity during the day, a 6.6kW system costs $6,500. Typically, it recoups its cost within approximately five years, resulting in a 12% annual return.   

Even if you are away during the day, the returns may not be as impressive, but still exceed bank interest rates.  

Cash option is the Best For: 

  • Homeowners with upfront capital. 
  • Those who are cash-rich and debt-free. 
  • Residents seeking maximum long-term savings. 

How It Works: 

Paying for your solar system outright is the simplest and often most cost-effective way to finance your panels. Here, you pay the full amount upfront, and from that point onward, all the energy savings go directly into your pocket. 

Pros of Cash Payment Method: 

  • No interest or monthly repayment hassles.
  • Full ownership from day one of panel installation.
  • Maximizes return on investment.
  • Eligible for federal and state incentives. 
     

Cons of Cash Payment Method: 

2. Green Loans and Solar Loans

Green loans are personal loans offered by financial institutions that prioritize environmental and community support. They come with low-interest rates and are ideal for financing solar panels, energy-efficient windows, heat pumps, and air conditioning.    

These loans have flexible repayment periods ranging from 1 to 7 years and typically involve minimal setup fees, low ongoing fees, and no early repayment penalties.  

These loans are suitable for: 

  • Homeowners who want ownership but prefer not to pay up front.
  • Borrowers with good credit history. 

How It Works: 

Many Australian banks and credit unions offer green loans specifically for energy-efficient home upgrades, including solar systems.  

For example, if you borrow $5,000 over five years at a 5% interest rate, your monthly repayments would be around $94. Your electricity bill may be reduced by $100 or more monthly, potentially offsetting the cost entirely. 

Pros of Green Loans & Solar Loans: 

  • Lower interest rates than personal loans.
  • Flexible repayment terms of typically 1–7 years. 
  • Allows you to own the system.
  • It can be used for batteries and other energy upgrades. 
     

Cons of Green Loans & Solar Loans: 

  • Requires a good credit rating.
  • Still involves debt and interest, even though the rate is relatively low. 

Green Loans and Solar Loans

3. Solar Leasing and Power Purchase Agreements (PPAs)

  • System of Solar Leasing in Australia 

Solar leasing is a payment plan where residential and commercial customers in Australia make monthly payments to a solar supplier for a solar PV system installed on their property.  

Under a solar leasing plan, the system is leased directly from the solar company, and the customer repays the system’s cost over a period of five to ten years. However, interest is charged during the repayment period.   

This results in a slightly higher overall cost compared to the upfront payment.  

  • How Does Power Purchase Agreement (PPA) Work?  

A power purchase agreement (PPA) is a financing option where a company owns and maintains a solar system installed on a homeowner’s property. The homeowner only purchases the energy generated by the system.  

PPAs are gaining popularity due to their low, upfront costs, with homeowners paying a predetermined rate based on the solar energy generated on their property.  

The rates are typically fixed for the duration of the agreement, which can range from 15 to 20 years. 

Works Best For: 

  • Households without upfront capital.
  • Those who want to avoid maintenance responsibility.
  • Renters or tenants. 

Pros of Solar Leasing and PPA: 

  • Little to no upfront cost. 
  • Lower energy bills from day one.
  • The provider covers all the maintenance and repairs. 
     

Cons of Solar Leasing and PPA: 

  • You don’t own the system.
  • Long-term contract commitments
  • Lower total savings compared to owning.  

4. Buy Now, Pay Later (BNPL) for Solar

BNPL options enable you to spread your solar panel payments over time without incurring interest, typically over 6 to 60 months.  

With some companies, you can get up to $30,000 for solar or battery storage systems, with repayment plans ranging from 6 months to 5 years. 

How BNPL Works? 

Here, the customer chooses a solar system. Then, the BNPL provider pays the solar company upfront. The customer then repays the BNPL provider in installments. 

However, ensure you understand the repayment terms thoroughly. Some BNPL offers can become costly if you miss payments or don’t clear the balance within the interest-free period. 

Perfect Options for: 

  • Budget-conscious homeowners.
  • People looking for short-term finance without interest. 

Pros of BNPL: 

  • Interest-free periods depending on conditions.
  • Quick approval and no deposit are required.

Cons of BNPL: 

  • Admin fees, late payment or other additional hidden fees may apply.
  • After the interest-free period, higher rates may kick in. 
  • Limited availability in some regions.  

5. Government Rebates, Incentives, and Feed-In Tariffs

The Australian Government offers a range of financial incentives that can significantly reduce the cost of going solar. These financing methods reduce your out-of-pocket expenses, making solar energy more affordable. 

Best For: 

  • All homeowners and small businesses 

Some of the Best Rebates and Incentives for Solar Energy in Australia 

  1. Small-scale Renewable Energy Scheme (SRES)

This federal scheme provides STCs (Small-scale Technology Certificates), which are essentially rebates applied at the point of sale. Most installers factor this into their quote. Depending on your location and system size, STCs can save you $2,000 to $4,000 upfront. 

  1. State-Based Rebates and Incentives

Several states offer additional rebates or loans to their residents. For example: 

  • New South Wales: Solar for Low Income Households trial and interest-free loans.
  1. Feed-In Tariffs (FiTs)

When your solar system produces more electricity than you use, the excess is fed back into the grid. Your electricity retailer pays you a feed-in tariff, typically 5- 15c per kWh. These ongoing savings can help you repay your loan or lease more quickly. 

Pros of Solar Rebates: 

  • Reduces the initial cost of installing a solar panel.
  • Long-term energy bill savings.
  • Incentives are available to most Australians.

Cons of rebates and incentives: 

  • Government policies and rates can change.
  • FiTs vary greatly by retailer and location. 

Differences Between Solar Financing Options

Solar Leasing VS Buying: Which is more beneficial for you? 

Well, both leasing and buying solar panels allow homeowners to benefit from utility savings and reduce their environmental impact. However, deciding between leasing and owning solar panels is a crucial consideration, and it depends on your specific situation. 

For instance, leasing solar panels provides a more accessible option for customers who may not have the necessary upfront funds to purchase them.  

The homeowner does not own the panels through leasing, as a third party owns them. That means the leasing company owns the equipment.  

On the other hand, purchasing solar panels requires an upfront investment. Additional credits or reimbursements may be available based on state or manufacturer incentives at the time of purchase.  

However, you can also seek free quotes from Cyanergy for accurate pricing information. 

Which Option is Right for You?

Choosing an appropriate financing method can save you thousands of dollars annually on your energy bills. The choice ultimately depends on your financial position, property ownership status, and long-term goals.  

So, here we’ve done a quick comparison of different types of financing options to make your selection process easier:

Financing Option Upfront Cost Ownership Monthly Repayments Long-Term Repayments Potential Risk Level
Cash Payment High Yes None Highest Low
Green/Solar Loan Low to Medium Yes Yes High Medium
Solar Lease & PPA Low No Yes Medium Medium
BNPL Low Yes Yes Medium to High Medium
Government Incentives & FiTs Not Required Yes No High Low

Wrap Up

Over the decades, people have been using solar power to illuminate their homes, reducing their reliance on fossil fuels and shielding themselves from rising electricity prices. 

Even though solar power ensures your energy freedom and lowers your energy bills, the way you pay for it matters a lot.  

Remember, selecting a specific finance option can make solar an affordable and worthwhile investment, but choosing the wrong one can turn savings into more stress. 

So here’s what you can do next!  

Review your budget and power bills. Determine whether you can pay cash or require a loan. Avoid rushing into lucrative but deceptive offers. Always compare full quotes with repayment details before agreeing to anything. 

Ready to make the switch?  

Contact Cyangery today and begin your journey with Solar Energy. We are here to find you the best deals on solar packages in Australia. 

Your Solution Is Just a Click Away

The post 5 Ways To Finance Your Solar Panels In Australia appeared first on Cyanergy.

5 Ways To Finance Your Solar Panels In Australia

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