Are Solar Panels Worth It In Banks?

Banks is located in the Australian Capital Territory about 18.4 km south of Canberra and 783.2 km south of Lyra. Banks has a latitude of 35.5 degrees South.

How much is the rebate for solar panels in Banks, ACT

The Australian Federal Government has incentives for Banks homeowners to install solar. They give "STCs" (small-scale technology certificates) to people who add a solar power system to their home.

The government divides the country into "Zones" depending on the rated solar potential. You get more support or less depending on your zone. Banks is in Climate Zone 3 which has a rating of 1.382.

This means a 10 kW solar system installed in Banks during 2024 would give you 96 ST Certificates worth $3830.40 (at an STC price of $39.90 each).

If you wait until 2025 for your panels the rebate in Banks will be reduced. It goes down every year.

Solar Power Rebate for Banks

Rebate for Banks Solar Systems
System SizeST CertsValue
3 kW29$1157.10
4 kW38$1516.20
5 kW48$1915.20
6 kW58$2314.20
6.6 kW63$2513.70
10 kW96$3830.40
12 kW116$4628.40
15 kW145$5785.50

Here's about how much Solar Energy falls on Banks by month. The maximum is 7.22 kWh/M2 in December. The minimum is 2.21 kWh/M2 during June.

Daily Energy Per Square Metre in Banks
MonthEnergy MJ/M2kWh/M2
Jan25.497.08
Feb22.046.12
Mar18.345.09
Apr13.743.82
May10.222.84
Jun7.962.21
Jul8.992.50
Aug12.303.42
Sep16.434.56
Oct20.775.77
Nov23.806.61
Dec25.997.22

Figures from the weather station at Canberra, which is approximately 19.2 km from Banks.

Banks, ACT is in the 2906 postcode area which has around 1567 solar installations under 10 kW and about 1675 total installations including large scale solar. In comparison there are about 105107 small solar installations in the Gold Coast region.

With an estimated 6418 households in the 2906 area that gives a small solar installation (average size around 4.60 kW) for about every 4.1 dwellings.

Here are 25 solar installers near to or in Banks.

Solar Installers near toBanks
NameDistanceDetails
Photonic Solar Solutions11.0kmPhotonic Solar Solutions is based in Kambah, ACT.
Consolidated Energy Canberra11.2kmConsolidated Energy Canberra is based in Hume, ACT.
Innovate Energy - Canberra11.2kmInnovate Energy - Canberra is based in Hume, ACT.
Enviro Friendly Products13.4kmEnviro Friendly Products is based in Phillip, ACT.
Astra Solar14.3kmAstra Solar is based in Lyons, ACT.
Hybrid Solar Power14.4kmHybrid Solar Power is based in Phillip, ACT.
Capital Solar PV15.4kmCapital Solar PV is based in Narrabundah, ACT.
Solar Run Queanbeyan16.6kmSolar Run Queanbeyan is based in Karabar, NSW.
Yello Energy Group - Best Solar Energy Solutions16.7kmYello Energy Group - Best Solar Energy Solutions is based in Symonston, ACT.
Reposit Power16.9kmReposit Power is based in Fyshwick, ACT.
Gnowee Solar - Solar Panels Canberra ACT17.3kmGnowee Solar - Solar Panels Canberra ACT is based in Manuka, ACT.
GreenGrape Solar17.4kmGreenGrape Solar is based in Wright, ACT.
Island Solar17.6kmIsland Solar is based in Queanbeyan, NSW.
SunStak Energy Solutions17.8kmSunStak Energy Solutions is based in Coombs, ACT.
Solargain Canberra17.9kmSolargain Canberra is based in Fyshwick, ACT.
Exemplary Energy and Energy Partners17.9kmExemplary Energy and Energy Partners is based in Kingston, ACT.
Solar Procurement17.9kmSolar Procurement is based in Fyshwick, ACT.
Solahart Canberra18.0kmSolahart Canberra is based in Fyshwick, ACT.
Select Electrical and Solar Solution18.1kmSelect Electrical and Solar Solution is based in Fyshwick, ACT.
Max Energy Solar18.1kmMax Energy Solar is based in Crestwood, NSW.
Fased Solar18.1kmFased Solar is based in Fyshwick, ACT.
Stored Solar18.2kmStored Solar is based in Beard, ACT.
Capital Green Energy18.9kmCapital Green Energy is based in Mitchell, ACT.
Renew Power19.8kmRenew Power is based in Pialligo, ACT.
G Star Energy20.2kmG Star Energy is based in , ACT.

Solar Panel Businesses Near to Banks

Sunlight Hours in Banks

The maximum hours between sunrise and sunset occur in January at about 14 hours 32 minutes. Your panels will get plenty of sunlight.

Figures calculated for 15th of the month.

Solar Panel Angle in Banks

It is generally recommended to angle your panels at about 35.5° from the horizontal in this area - facing north, although your power usage patterns could alter this - if you are out all day.

Next, after Banks, is to look at if solar power is worth it in Banjup, WA, which is about 3075.3 kms away.

The data used for this page was sourced from Australian Government Clean Energy Regulator, Australian Bureau of Meterology, Australian Photovoltanic Institute, Clean Energy Council, Government Solar Incentives sites, open source Australian postcode data and other online sources.