On Sat, 28 Mar 2009 23:01:00 GMT,
[email protected] (Mauried) wrote:
:On Tue, 24 Mar 2009 08:21:20 GMT, Ross Herbert
:
:>On Tue, 24 Mar 2009 12:35:48 +1100, Sylvia Else <
[email protected]>
:>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.
:
:
:You sure will.
:Ask yourself this question.
:If the power company has to pay you and every other person with solar

n their roof 4 times what the power is actually worth,then where do
:you think the power company gets this money from.

ont come from the tooth fairy.
They do it by not having to upgrade distribution transformers as local power
demand increases. If a more PV installations are producing power for the grid it
saves the power companies quite a lot of money.