The Forum > General Discussion > Could this be an option for cheap power
Could this be an option for cheap power
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First you need solar on your roof, with a feed in to the grid.
At present, in QLD we are being paid higher prices for the power we sell, than what we pay to buy. Typically, 44cents in and 29cents out (I think)
Now there is talk about the QLD government squashing this arrangement, which would see us being paid more like 8 cents in and 29 cents out.
So, if you have the system in place, and the sell price drops below the buy price, you can look at this alternative.
You install a battery bank, quality batteries, like used in stand alone systems now, you also need an inverter and a large capacity battery charger.
So what you do during the day is use the solar power (FREE) to charge your battery bank, then, you switch to batteries at night, which, provided your bank is large enough, will provide free power.
Now if you have those dreaded rainy days, you then charge your batteries on the 'off peak rate', at night, then switch your batteries on for day use, which won't mean free power, but it will be better than the 29 cents you would normally pay.
Of cause it all has to be costed, but one thing is for certain in my view, and that is that power costs are goimg to continue to rise and paying as much as $1 per KW is very possible in the not too distant future.