The Forum > General Discussion > Solar Power worth it or not?
Solar Power worth it or not?
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My figures are well researched and thought out.
They are true too.
And so blindingly wrong!
Spindoc Gday, you are not in NSW are you?
I too get a far lessor price for my off peak hot water, we all do.
But lets look, my figures come after my grilling of an old mate.
He stepped out of electrical goods retail not many years ago.
Now I goggled and found better offers, only how ever on the costs of supply and fit.
Went with the local, one of yours hands out HTV other side of the path to me most times.
Bloke current price to me is 34 cents, said to go to 40cents today ,1st of new year.
I use 15.37 units on average a day.
My daylight use is about 4 units average.
Will produce 8 to 10 every day.
But in this state at least, all unused daylight power I make, is sold back, no other choice, to them to resell.
Leaving me the first customers, buying my night time usage at the full price.
Google house hold solar power NSW, FRIGHTENING STUFF.
Lo0ok no expert in maths just quick at arithmetic
Lets look over the 90 days a standard bill is.
I will produce based on other working models not less than 900 units.
In that time my use is likely to be 360 units I pay nothing for.
But yes 540 units sold back to the grid at 6 cents.
It if nothing else questions those getting 60 cents.
I see noway I am other than a victim any profits go away from me not toward me.
I never wanted to profit and my installation at that size can not stop me getting a bill.
But current NSW policy,s dampens solar power installations.