R
Ross Herbert
Guest
On Tue, 24 Mar 2009 12:35:48 +1100, Sylvia Else <sylvia@not.at.this.address>
wrote:
:terryc wrote:
:> Any recommendations?
:
:Yes. Don't do it. It's a huge waste of money.
:
:Sylvia.
Why do you say that?
Curr3ently,well until July at least, the government is d=giving $8K rebate for a
1kW system if the gross income for the household is under $100K. At the current
prices a 1kW system comprising Sharp 175W panels and a Fronius 2kW (pk) grid tie
inverter can be installed for around $15.6K. After the RECS rebate and the gov't
$8K rebate are deducted the owner forks out about $5.7K.
Now the big thing is that after July 09, as I understand it, it is mooted that
electricity supply authorities will pay the owner approx 4 times the domestic
selling rate for ALL electricity produced. Yes, that is gross production, not
just the amount you pump back ito the grid. Considering the price of electricity
is set to double (at least in WA) over the next few years, it will only take
about 5 - 6 years to recoup the out of pocket outlay, and after that you won't
be actually paying a lot for any electricity you do consume.
wrote:
:terryc wrote:
:> Any recommendations?
:
:Yes. Don't do it. It's a huge waste of money.
:
:Sylvia.
Why do you say that?
Curr3ently,well until July at least, the government is d=giving $8K rebate for a
1kW system if the gross income for the household is under $100K. At the current
prices a 1kW system comprising Sharp 175W panels and a Fronius 2kW (pk) grid tie
inverter can be installed for around $15.6K. After the RECS rebate and the gov't
$8K rebate are deducted the owner forks out about $5.7K.
Now the big thing is that after July 09, as I understand it, it is mooted that
electricity supply authorities will pay the owner approx 4 times the domestic
selling rate for ALL electricity produced. Yes, that is gross production, not
just the amount you pump back ito the grid. Considering the price of electricity
is set to double (at least in WA) over the next few years, it will only take
about 5 - 6 years to recoup the out of pocket outlay, and after that you won't
be actually paying a lot for any electricity you do consume.