Drag Scope

Month: December 2023

Adelaide Solar: The Basics of Tindo Adelaide Solar Power

Solar energy is a clean and renewable source that offers several advantages over fossil fuels. Installing Tindo Adelaide solar panels on your rooftop can reduce electric bills while protecting the environment by decreasing greenhouse gas emissions, air pollution, and water withdrawal.

Adelaide solarSunlight strikes solar cells and loosens electrons from silicon atoms, producing direct current (DC). An inverter converts this DC into alternating current (AC), powering appliances and lighting your home.

Solar panels

Tindo Adelaide solar panels serve a crucial purpose: turning sunlight into electricity through what’s known as the photovoltaic effect. When sunlight hits solar cells, its rays penetrate them, knocking electrons out of their orbits and channelling them into an electrical current.

Solar power production thrives best under ideal conditions: sunny and warm days. However, even on cloudy or rainy days, most residential solar systems still produce clean energy, provided they maximise production by employing energy-saving appliances, shade solutions, lighting features, and smart home features.

Solar technology supports grid stability by providing energy during peak demand when large power plants have to shut down. Furthermore, renewable energies like solar can reduce greenhouse gas emissions while making our electricity system more resilient; additionally, investing more resources like these may yield long-term cost savings on energy costs.

Solar cells

Solar cells are small squares of silicon that convert sunlight into electricity. Since individual solar cells only produce a few watts, cell modules are combined to generate significantly more power.

Solar cells made today primarily utilise crystalline silicon (c-Si). Wafers of this material are cut from large ingots that take several weeks to mature in laboratories and are produced either monocrystalline or polycrystalline, depending on your preference.

Solar cells consist of layers of semiconductor material divided into n-type and p-type subgroups. When sunlight hits the cell, electrons move from one group to the other via electric current passing across its junctions; when sunlight strikes again, electrons switch back, creating a current flow in both directions across its junctions.

Photovoltaic cells

Solar cells use the photovoltaic effect to convert sunlight directly into electricity, using thin layers of semiconductor material like crystalline silicon as PV cells.

As sunlight hits a cell, it ionises its semiconductor material, causing its outer electrons to detach themselves from their bonds and flow freely into metal contacts, forming an electric current that can power devices or be fed back into a grid.

Inverters

Tindo Adelaide solar inverters convert DC power into AC energy so you can run appliances and lights from renewable-energy systems, saving money with lower utility bills. Some inverters may even help reduce costs through reduced utility fees.

Selecting an inverter that can handle peak demand is essential for off-grid applications. Compile a list of appliances and devices you wish to operate before determining their watt or kilowatt ratings; multiply these ratings by usage hours to calculate daily energy consumption in watt-hours.

Some devices, such as electric motors and televisions, draw a higher surge or starting wattage than their usual operating wattage. Make sure your inverter has an adequate peak rating.

The sun is a powerful energy source. But it takes a lot more than just solar panels to get that power into something usable. Multiple components work together to get the solar power, convert it, send it where it needs to go and monitor its health.

Solar PV (photovoltaic) is the type of solar power most commonly used at home and business, though other technologies can provide usable energy from the sun, such as solar thermal and concentrating solar-thermal systems.

The most basic solar PV system is comprised of a layer of silicon cells within a metal frame and glass casing unit. When incoming sunlight hits the silicon, it knocks electrons loose, creating electricity. The loose electrons flow through metal contacts at the top and bottom of the panel, causing a current to flow in one direction. That current is captured through wires and fed into a solar inverter, which converts it to alternating current, the type of electricity that’s used by the electric grid and household appliances. The inverter then feeds that energy into your home or business’s electrical system.

Novated Lease Electric Vehicle: FBT Exemption For Electric Vehicles Under Novated Lease

New EVs and PHEVs priced below the luxury car threshold ($89,332) are now FBT exempt when acquired via a novated lease. That, combined with lower running costs, makes them a more affordable option for employees.

 

Salary packaging these climate-friendly vehicles through a novated lease could save you up to $9,250 annually. Read on to learn how. For more information about the FBT exemption novated lease electric vehicle, click here.

 

Lower tax burden

As part of a push for more environmentally friendly vehicles, the Australian parliament passed an amendment in 2022 that exempts any electric or plug-in hybrid vehicle under $84,916 FBT. This exemption also applies to cars purchased through a salary packaging arrangement, including those used for novated leases.

 

FBT exemption novated lease electric vehicleThe new rules mean that EVs are much cheaper to lease than their petrol or diesel counterparts. That is because the purchase price of an eligible EV and its running costs are GST-free.

 

The cost saving is even more significant for employees who buy or lease their EVs through a novated lease. It is because salary sacrificing reduces the taxable value of the car, meaning the employee pays less tax. In turn, it means that they can afford to pay for the EV and its running costs with more of their pre-tax salary. It translates into significant savings for both the employer and the employee.

 

Environmentally friendly

A change to legislation in 2022 means EVs and PHEVs will be exempt from FBT when salary is packaged via a novated lease. It makes them cheaper to run, which in turn encourages adoption. The exemption only applies to vehicles considered cars under tax laws – this means they must be designed to carry less than one tonne and fewer than nine passengers and cost no more than $85,000. For more information about the FBT exemption novated lease electric vehicle, click here.

 

The financial case for a novated lease is already very compelling, thanks to the lower running costs of an EV. Still, the FBT exemption helps make the decision even more accessible for those considering switching to an electric vehicle. Using the Employee Contribution Method (ECM), you can also reduce the taxable value of your EV by making post-tax contributions to running costs. Then, you can offset the FBT liability by reducing the amount of reportable fringe benefit income you earn. You can see how this all works in our simple novated lease guide.

 

Affordable

The FBT exemption on electric vehicles means the cost of an EV under a novated lease will be much cheaper than an equivalent petrol vehicle. Novated leases involve an employer paying a car and its running costs from a combination of pre-tax salary deductions and post-tax salary sacrifice contributions.

 

FBT is an employer-paid tax on benefits provided outside wages – including work vehicles and novated leases. The FBT EV exemption scheme removes the liability for zero or low-emissions cars and meets a certain value threshold – $89,332 in 2023/24. It will lower the purchase price and reduce a range of running costs such as fuel, servicing and tyres. However, it’s worth noting that the value of an EV under a novated will still be reportable and could affect any Centrelink benefits you receive. For more information about the FBT exemption novated lease electric vehicle, click here.

 

Flexible

A new car is a big commitment, but getting one for free is even more significant. That’s why the tax man has made the FBT exemption available on eligible electric, plug-in hybrid and hydrogen fuel cell vehicles to encourage people to take up novated leases.

 

If you’re interested in an EV as your next car, contact us to discuss all the options available. Our team of experts are here to help you find the best EV to suit your lifestyle and business requirements. You can also see what models are available to you by visiting our EV Showrooms or booking a test drive online. We’re confident you’ll love driving an EV and we look forward to assisting you with your novated leasing arrangements.

 

School Shoes: Online Buying Guide

Children spend thousands of hours in their shoes each year – and they need to be comfortable so they can concentrate on learning, participate in school sports and enjoy recess and lunchtime play. Well-fitting shoes help keep kids healthy, happy and pain-free.

So, when you buy school shoes online, it can be a great way to save time and money. But here are a few tips to help you get the most out of your purchase:

1. Look for a reputable retailer

school shoesA good school shoe is important for your child’s comfort, foot health and posture. A poor-fitting shoe can cause pain in the feet and legs, as well as impact their daily activities. So, it’s a good idea to find a retailer with a reputation for selling high-quality school shoes.

If you’re shopping online, look for a retailer that offers a generous return policy. That way, if your child’s new school shoes don’t fit or are uncomfortable, you can easily exchange them for a better pair.

It’s best to get your children fitted for shoes in-store rather than buying them “off the shelf”. A shoe fitting will ensure that their toes aren’t touching the ends and that there’s no pressure on the sides of the feet.

Avoid second-hand shoes that other children may have worn, as they’ll have moulded to the shape of those feet. Also, slip-on shoes aren’t recommended for kids by podiatrists, as they can cause damage to their feet and legs over time. A pair of lace-up school shoes is a far better option.

2. Compare prices

When you have to buy school shoes online, it is important to compare prices. It will help you find the best deal and ensure that you are getting a quality pair of shoes at a fair price. You can also save money by taking advantage of sales and promotions. By comparing prices, you can get the best deal on school shoes for your children without breaking the bank.

One of the best times to buy school shoes is towards the end of the summer holidays or early September. It is because children’s feet tend to grow at a rapid pace, and purchasing them at this time will give them a chance to wear them before the new term starts.

3. Check the return policy

Children spend hours in their school shoes, and they must have good quality, comfortable shoes that fit well. If their shoes are ill-fitting, they will suffer from pain and may even develop foot health problems. It is why a good return policy is essential for any footwear ecommerce business.

Many online retailers have a generous return policy for footwear, but it is important to read it carefully. Many retailers only offer a refund on unworn, undamaged shoes but do not cover shipping costs. It can cause problems for customers who are unable to afford to ship their shoes back.

4. Check the delivery time

Children spend five days a week in school shoes, so they need to be comfortable. Ill-fitting shoes can cause pain and lead to problems down the road. It’s important to buy shoes in person and get them fitted properly. It’s also a good idea to bring your child’s socks with them when getting the shoes fitted. It ensures that they’re not wearing someone else’s used socks, which could be a hygiene issue.

If you buy school shoes online, make sure to choose a retailer with fast delivery and click-and-collect options. It will help you avoid the back-to-school rush and ensure that your child has a comfortable pair of shoes to wear.

It’s a good idea to buy shoes around 2-3 weeks before the beginning of the term, as this will leave room for any growth spurts that may happen. For the best fit, it’s important to have your child try on their shoes in the afternoon when their feet are at their largest. During this time, your child should walk and skip to ensure that their toes are not touching the end of the shoe and that there’s no pressure on the outside edges of their feet.

5. Check the reviews

Whether they’re walking to school or running around at break time, children spend the majority of their time in school shoes, so they must be comfortable and fit properly. When trying on new shoes, make sure your child’s toes don’t touch the end, and there’s room on either side. Also, check that they can wiggle their toes and that the laces create a straight line across their foot when they are laced up.

Powered by WordPress & Theme by Anders Norén