Episode 33 – Power me up – a guide to managing your energy bills with solar power

Episode 33 – Power me up – a guide to managing your energy bills with solar power

Ever wondered if it is worth installing solar panels on your roof? Then this week’s show is compulsory listening.

My guest this week is a Matt Russell of GStore –  a superstore in Malvern East which has a wide range of products including solar power panels, water tanks and  hot water systems designed to make greener, more energy efficient homes. Matt specialises in solar power panels and gives an honest take of the financial and environmental issues associated with this emerging technology .

So if you feel as ill as I do when you see your electricity bills or are looking for ways to reduce your carbon footprint, you are sure to benefit from listening to this week’s show.

“The return on investment is probably around 6 years on a good quality solar system depending on how people use power in the home. – Matt Russell

“There is still a $3,000 government rebate available and solar technology has halved in price” – Matt Russell

 “Energy bills are becoming a larger portion of household expenses, particularly for retirees” – Reuben Zelwer

Today on the Finance Hour Podcast:

  • The motivation for people installing solar panels, environmental, financial or both?
  • Why you need to be conscious of when you use your power (day or night) in order to maximise the benefits of solar panels.
  • The importance of  due diligence as to where and how your panels are manufactured.
  • How you can sell your excess power back to the grid.
  • Why you need careful advice of where to position the solar panels on your roof.
  • Matt’s 3 tips for managing electricity bills.

And be sure to listen to my “Propellerhead of the week” which is about an underutilised alternative to Foxtel, Netflix and Stan.

Mentioned Resources:

Thanks for tuning in!

Thanks for joining us on today’s episode of the The Finance Hour podcast! If you enjoyed today’s episode, please head over to iTunes and leave us a rate and review to help us reach even more listeners. Don’t forget to check out our website, visit us on Facebook, or hang out with us on Twitter to stay up-to-date on what’s in store for you!

About Reuben Zelwer


Reuben Zelwer established Adapt Wealth Management in 2011 to help time poor clients achieve financial freedom. For over 15 years, Reuben has helped professionals, executives, business owner and those approaching retirement make the most of their circumstances by making good financial decisions. Reuben’s professional practice is complemented by substantial voluntary work, which has included setting up financial literacy and savings programs in the local community.