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X-WING

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  • Member For: 20y 11m 25d
  • Location: BRISBANE

Solar hot water systems are great and really do have the potential to save you money in under 7 years, look at one of these first, though it's probably only worth installing is your std water heater dies....

Have heard talk that all electric hot water systems are being phased out in qld only have a choice of solar or gas I think

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  • 2 years later...
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  • Member For: 15y 4m 11d
  • Gender: Male
  • Location: Aspendale, Vic.

ooking into getting like a 2kWh solar power package at a new house.

anyone got a similar setup? Trying to work out how much I will be earning in profits. I average 1000kWhs a month according to my 12 month bill and its about 120$ a month atm.

Ive been doing some reading on these solar system setups.

Can I just confirm, lets use truenergy as an example, according to:

http://www.truenergy.com.au/solar-power/faqs.xhtml

If I fit a 1.5kW system for 3700 – 1300$ rebate, and currently according to my bill, over past 12 months I average 900kWhs usage, at about $120$ a month.

With a 1.5kW system, how much do I make back with the .60 cent back to the grid + the 6cent truenergy insentive ontop? Is there a calculation on how much I will make/profit for each month with the above on average?

from my understanding.

I won't be pumping in .5kw all the time. my inverter might only trickle the excess power back into the grid or dump it as waste to avoid over charging.

What if I get / apply for a bigger inverter? What if I get a 2nd inverter or 5th? Can I feed more back to the grid once they are all fully charged? eg, one can run the power in the house, whilst the other 4 are feeding x kHw back to the grid @ .60c+ ?

Also, how does it work with taxes? Is it like a 2nd job/source oif income?

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  • Go Pies!!!
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  • Member For: 16y 9m 11d
  • Gender: Male
  • Location: Vic Somewhere - Sometimes NSW

Mate, check with your accountant on the tax side of things...

If im not mistaken - your inverter will only feedback what you dont use, which is what is left over from what your panel can collect/produce.

So say you have a big arsed inverter, but a very small panel - it wont do :pooh:...

Make sense?

I have a few big 7KVA UPS batteries and a Power Mod - im considering wiring this into a few power boards and feed the modual via a solar panel.

:beerchug:

No feeding back to the grid, just a simple keep sake for my own crazy lounge room usage! :spoton:

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  • Sucker
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  • Member For: 20y 7m 3d
  • Gender: Male
  • Location: Brisbane

Dunno if it's the same setup down there, but know of a few people that got sucked-in by the hype in Brisbane.

Most of these packages don't include batteries, and essentially all the power you use comes from the grid and what you generate is fed back in. If the grid power is out, then you have no electricity, even if your solar system is actually generating it.

The other thing is you get nothing paid back until there is a full 12 month trend on your net usage. So for the first year you just get to look at a credit on your bill and you don't get a cent.

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  • No boost, no bottle, just my foot on the throttle!
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  • Member For: 20y 9m 14d
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  • Location: Sydney

I have done some checking and have a mate who spent about $18,000 on a system.

Most systems will not let you use power for the house, you just feed it into the grid for 60c per kw/h, and it costs about 32c to buy it back, so in theory you make money, as most houses use less than you generate.

What none of the glossy brochures tell you is the money you make (all of it) is subject to income tax, so you can go backwards, as you get taxed on the entire credit form the power company, yet still have to pay for the consuption.

Unless you are going to be entirely "off-grid" it is not a worthwhile prospect. If you design your house to be primarily 12v, it can make a huge difference.

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Guest XR09
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And the panels deteriorate quickly. As in after a year or two they give back less and less juice. We spent a fortune on it to heat the pool and cut costs. I don't even think it recouped the cost of having the pump circulate it all the way back up to the roof. Let alone the initial set up costs.

Now it just sits up there looking ugly as shoite and never gets turned on.

Think how much compounded interest you would get off the money if you just threw the cash into a fixed deposit. Or buying shares in the company that makes them.

Another great Labor initiative. What is it with Labor and house roofs.

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  • Member For: 14y 3m 9d

im new to the solar panel thing just installed a 1.5 kw inverter

aswell cost $7000 include rebate in wa and 9 panel. our averge bill

is $350 to $400 a month or 35unit a day. we had it installed

in 1 aug and our bill cycle in due any day now. I have check the meter

and using only 24 unit a day so our system is saving us nearly 10 unit a day

which is 1 unit per hour of sunlight but I dont know how the rebate works on the

power we supply back to the grid will let you know when the the first bill come in

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  • It's All In Your Mind
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  • Member For: 21y 30d
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  • Location: Melbourne

Not to mention the fact that if your house catches fire they will probably let it burn to ground because of potential high voltage shock, that's what they do in the USA. Just another green initiative crock of :spoton: Gotta keep the man made global warming fallacy going somehow

Edited by hypnodoc
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