Page 1 of 2 12 LastLast
Results 1 to 20 of 30

Thread: How much do you save ?

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Senior Member
    B52's Avatar
    Join Date
    Jan 2008
    Posts
    829
    Thanks
    37
    Thanked 402 Times in 224 Posts
    Rep Power
    367
    Reputation
    7116

    Default How much do you save ?

    Still contemplate putting up an 8 kw systems. For 6k$ and 15 cents buyback.
    Current quarterly is around $800.- Is the saving worth it ?

    Any input appreciated.

  2. Look Here ->
  3. #2
    Senior Member
    Uncle Fester's Avatar
    Join Date
    Jan 2008
    Location
    Commonly found in a pantry or the bottom of a fridge, searching for grains, fermented or distilled
    Posts
    6,405
    Thanks
    2,289
    Thanked 4,414 Times in 2,517 Posts
    Rep Power
    2046
    Reputation
    81778

    Default

    Quote Originally Posted by B52 View Post
    Still contemplate putting up an 8 kw systems. For 6k$ and 15 cents buyback.
    Current quarterly is around $800.- Is the saving worth it ?

    Any input appreciated.
    Q: Were do you get 8kW panels, installed, with inverter for 6k$ ?

    ...and yes for that price the savings would be worth it.
    Update: A deletion of features that work well and ain't broke but are deemed outdated in order to add things that are up to date and broken.
    Compatibility: A word soon to be deleted from our dictionaries as it is outdated.
    Humans: Entities that are not only outdated but broken... AI-self-learning-update-error...terminate...terminate...

  4. #3
    Member

    Join Date
    Nov 2008
    Age
    69
    Posts
    480
    Thanks
    595
    Thanked 924 Times in 187 Posts
    Rep Power
    496
    Reputation
    14651

    Default

    Quote Originally Posted by B52 View Post
    Still contemplate putting up an 8 kw systems. For 6k$ and 15 cents buyback.
    Current quarterly is around $800.- Is the saving worth it ?

    Any input appreciated.
    It almost sounds too good to be true!
    Go for it!

  5. #4
    Senior Member HILLVIEW103's Avatar
    Join Date
    Mar 2008
    Posts
    777
    Thanks
    127
    Thanked 146 Times in 87 Posts
    Rep Power
    258
    Reputation
    1887

    Default

    Quote Originally Posted by B52 View Post
    Still contemplate putting up an 8 kw systems. For 6k$ and 15 cents buyback.
    Current quarterly is around $800.- Is the saving worth it ?

    Any input appreciated.
    15 Cents is is better than i get, its only 7cents in Perth Wa. or 47 cents if you got in early like 4-5 years ago.

  6. #5
    Administrator
    admin's Avatar
    Join Date
    Jan 2008
    Location
    Victoria
    Age
    56
    Posts
    31,150
    Thanks
    2,238
    Thanked 13,731 Times in 5,823 Posts
    Rep Power
    4552
    Reputation
    165805

    Default

    Quote Originally Posted by B52 View Post
    Still contemplate putting up an 8 kw systems. For 6k$ and 15 cents buyback.
    Current quarterly is around $800.- Is the saving worth it ?

    Any input appreciated.
    In a word, Yes. ( I have an 8kw system)

  7. #6
    Premium Member
    Join Date
    Sep 2008
    Location
    perth wa
    Posts
    337
    Thanks
    25
    Thanked 135 Times in 97 Posts
    Rep Power
    254
    Reputation
    2739

    Default

    i added a 3.2k to a 1k system and it has reduced my bill to between 33 and 50% i was on the 47c but adding the new system reduced it to 7c

    i looked at it in a different way if the money stayed in a fixed account the return was around 2.3% whereas the return on the reduced power bill i estimated the return to be about 16%

    the 3.2 system cost over 5000 it is a german made system

  8. #7
    Junior Member
    Join Date
    Dec 2010
    Location
    New England, NSW
    Posts
    62
    Thanks
    0
    Thanked 26 Times in 16 Posts
    Rep Power
    171
    Reputation
    380

    Default

    Quote Originally Posted by dai View Post
    i looked at it in a different way if the money stayed in a fixed account the return was around 2.3% whereas the return on the reduced power bill i estimated the return to be about 16%
    Getting 3.23kW installed this month. Worked out our return will be about 14% best, and 12% worst. Much better than money in the bank.
    I am also pleased to be adding the solar panels for the environment. We live at 1,100M and use the inverter split system fair amount in winter. With our clear blue winter skies as we get summer rainfall, will make a significant difference to the winter electricity account. With our *very* well insulated house, the 5.76kW inverter split system after warming the house in the morning sits on around 300W. We fitted as much insulation as we could in the house when we had it built two years ago. Fitted closed top pelmets, aluminium lined curtains, Veridian SmartGlass. Money spent on insulation has turned out to be a great investment. With -12C overnight, coldest house has been in the morning without additional heating overnight, house hasn't been below 9.5C inside in the morning.

  9. #8
    Administrator
    admin's Avatar
    Join Date
    Jan 2008
    Location
    Victoria
    Age
    56
    Posts
    31,150
    Thanks
    2,238
    Thanked 13,731 Times in 5,823 Posts
    Rep Power
    4552
    Reputation
    165805

    Default

    Quote Originally Posted by lineland View Post
    Getting 3.23kW installed this month. Worked out our return will be about 14% best, and 12% worst. Much better than money in the bank.
    In all honesty I don't know why so many people have an interest in returns. For example, you don't look for returns when you buy a car, so I don't really understand why people look at Solar as an investment.






    Away from that, last January I generated 939 kWh. It will be interesting to see what this Jan is like.

  10. #9
    Senior Member
    Learjet's Avatar
    Join Date
    Jan 2008
    Location
    Queensland
    Age
    61
    Posts
    1,454
    Thanks
    650
    Thanked 1,203 Times in 391 Posts
    Rep Power
    564
    Reputation
    15945

    Default

    Quote Originally Posted by admin View Post
    In all honesty I don't know why so many people have an interest in returns. For example, you don't look for returns when you buy a car, so I don't really understand why people look at Solar as an investment.
    An investment is the best way to look at it. It's not a car. Paying money to save money is definitely an investment. Solar though can be a risky investment if the inverter or panels fail outside of warranty. Best inverter nowadays is Fronius. They are installers favourite.

    Look up solarquotes for reviews. There are crappy installers our there (even worse than Me). Run away from the likes of Eurosolar. They are cheap and utter crap.

  11. #10
    Senior Member
    Uncle Fester's Avatar
    Join Date
    Jan 2008
    Location
    Commonly found in a pantry or the bottom of a fridge, searching for grains, fermented or distilled
    Posts
    6,405
    Thanks
    2,289
    Thanked 4,414 Times in 2,517 Posts
    Rep Power
    2046
    Reputation
    81778

    Default

    Quote Originally Posted by admin View Post
    In all honesty I don't know why so many people have an interest in returns. For example, you don't look for returns when you buy a car, so I don't really understand why people look at Solar as an investment.
    Solar can only be seen as an investment if used in combination with the grid. If there is no ROI why get solar at all or are you really just concerned about CO2 emissions?

    It has nothing to do with buying a car. What a strange comparison.


    Solar with backup battery could be a different story as that alone makes sense to be independant if the grid fails, savings is in that case more secondary.
    Last edited by Uncle Fester; 08-01-18 at 11:52 PM.
    Update: A deletion of features that work well and ain't broke but are deemed outdated in order to add things that are up to date and broken.
    Compatibility: A word soon to be deleted from our dictionaries as it is outdated.
    Humans: Entities that are not only outdated but broken... AI-self-learning-update-error...terminate...terminate...

  12. The Following User Says Thank You to Uncle Fester For This Useful Post:

    Softek2 (09-01-18)

  13. #11
    Senior Member
    Mr 672A's Avatar
    Join Date
    Jun 2012
    Location
    The only Country in the English speaking World where you cannot sue your Solicitor or Barrister.
    Posts
    4,271
    Thanks
    1,167
    Thanked 1,173 Times in 677 Posts
    Rep Power
    722
    Reputation
    21825

    Default

    Quote Originally Posted by nomeat View Post
    Solar can only be seen as an investment if used in combination with the grid. If there is no ROI why get solar at all or are you really just concerned about CO2 emissions?

    It has nothing to do with buying a car. What a strange comparison.


    Solar with backup battery could be a different story as that alone makes sense to be independant if the grid fails, savings is in that case more secondary.
    We purchased Solar in mid 2009, I selected a 5kw SMA inverter, 4.8 Kw of Conergy German Panels and had it installed. The Installers done a CRAP job So I ask the defunk company to remove it and start AGAIN otherwise you find you yourself in ACA on 9. Beside that we have NEVER EVERY HAD a Bill owning money not to any company and yet the lowest credit back to us was $80 to around $260 per quarter. yes It was a good investment back in 2009 even if it cost us $11,600. Now when the 40 cents feed in stops on 2027 and Im still alive (dont think so) I will re read the rule book or before the time expire and go for the best that suit us not them or the Government
    Last edited by Mr 672A; 10-01-18 at 06:50 PM.

  14. #12
    Administrator
    admin's Avatar
    Join Date
    Jan 2008
    Location
    Victoria
    Age
    56
    Posts
    31,150
    Thanks
    2,238
    Thanked 13,731 Times in 5,823 Posts
    Rep Power
    4552
    Reputation
    165805

    Default

    On a good Summer day, I can generate 50 kwh.

    I was previously at the point where I was running at a zero bill (taking in to account credit for power in to the grid), but with the cost of gas going through the roof, I have been using my 8kw Daikin split system to assist with heating in winter, particularly overnight as power is off peak. So I have been having reasonable power bills, along with much much smaller gas bills.

    I am not sure what state B52 is in, but in Victoria with smart meters you can go on to Flexible Tariffs which use Peak, Shoulder and Off Peak.

    7 am to 3 pm is Shoulder - about 20 cents
    3 pm to 11 pm is Peak - about 30 cents
    11 pm to 7 am is Off peak - about 15 cents

    In Victoria, power back to the grid is 11.8 cents.

    An 8km system will smash an $800 a quarter bill. However you need to be carefull with quotes that are simply too cheap, for many reasons including :

    Damaging your roof
    Obsolete inverters and panels
    Poor quality inverters and panels

    However not everything that's cheap is poor..........what inverter and panels are they offering with that 6k quote ?

  15. #13
    Senior Member
    B52's Avatar
    Join Date
    Jan 2008
    Posts
    829
    Thanks
    37
    Thanked 402 Times in 224 Posts
    Rep Power
    367
    Reputation
    7116

    Default

    How much efficiency do the panels lose each year ?

    Is there a difference in effeminacy loss between a Poly Crystal or Mono panels ?

    A friend in NSW has a 4 bedroom house in and 60k liter pole, Installed a 10Kw system 4 years ago. His last (3rd quarter ) bill was $510. Given the 10KW system it seems too much.

  16. #14
    Banned
    Join Date
    Aug 2008
    Location
    https://t.me/pump_upp
    Posts
    82
    Thanks
    206
    Thanked 30 Times in 19 Posts
    Rep Power
    0
    Reputation
    520

    Default

    I have an 8Kw system with a feedin tariff of 22c and my last bill was -$157.00, so I think a bill of $510.00 with a 10Kw system looks suss. I suggest he checks his system for problems. Some days my system will shut down all day due to excessive line voltage. Using the smart meter the voltage one day was 264.2V and using a couple of other meters all registered about 264V. Problem I have is neighbour has 9Kw system, across the road 5Kw and numerous others in the street.

  17. #15
    Senior Member
    B52's Avatar
    Join Date
    Jan 2008
    Posts
    829
    Thanks
    37
    Thanked 402 Times in 224 Posts
    Rep Power
    367
    Reputation
    7116

    Default

    Quote Originally Posted by gordonwh40 View Post
    I have an 8Kw system with a feedin tariff of 22c and my last bill was -$157.00,.
    Which provider gives 22c feeding tariff and for how long ?
    I received offers of 25 cents buyback limited to 12 months, but the price for the whole system was higher then other similar spec offers meaning the price is jacked up to make up for the good buyback offer... There are no free gifts.

  18. #16
    Banned
    Join Date
    Aug 2008
    Location
    https://t.me/pump_upp
    Posts
    82
    Thanks
    206
    Thanked 30 Times in 19 Posts
    Rep Power
    0
    Reputation
    520

    Default

    Hi
    My offer is from an electrical retailer, Red. When I had my system installed I got the grand total of 6c/Kw feedin. I did a search of the retailers and the comparison sites and and initially signed with Click for 12c/Kw feedin and then swapped to red with a 22c/KW feedin. A large number of retailers offered up to 20% for payment on time, but 20% of 0 is not much discount. I have no loyalty to any retailer and will swap to find the best deal for me. So shop around and swap any time you need to or can get abetter deal.

  19. #17
    Administrator
    admin's Avatar
    Join Date
    Jan 2008
    Location
    Victoria
    Age
    56
    Posts
    31,150
    Thanks
    2,238
    Thanked 13,731 Times in 5,823 Posts
    Rep Power
    4552
    Reputation
    165805

    Default

    You need to use comparison sites to find the best deal, either by entering your rates or uploading a .csv file if you have a smart meter.

    Discounts mean nothing really......it depends on what your rates actually are. As an example, a 20% discount is bit pointless if the companies rates are 30% higher than competitors.

    As gordonwh40 mentioned, shop around and dont bother with loyalty to any of them as they will show none to you.

    I dont think you have mentioned what state you are in B52 ?

  20. The Following 2 Users Say Thank You to admin For This Useful Post:

    gordonwh40 (12-11-17),Keith (11-11-17)

  21. #18
    Premium Member
    Keith's Avatar
    Join Date
    Jan 2008
    Posts
    1,080
    Thanks
    8,858
    Thanked 1,041 Times in 317 Posts
    Rep Power
    596
    Reputation
    18122

    Default

    Quote Originally Posted by admin View Post
    Discounts mean nothing really......it depends on what your rates actually are. As an example, a 20% discount is bit pointless if the companies rates are 30% higher than competitors.
    Exactly. In Sydney, Endeavour Energy give me a 24% discount although their KW charge is 32. cents per kilowatt across the board with a high daily access charge. Red energy on the other hand offer 10% discount although their first 10kilowatt charge is 28. cents then drops at set rates, with a lower daily access cost. On the surface Endeavour look good, but when the sums are done it seems all the same.
    You can learn alot using Google, and the search button.....

  22. #19
    Senior Member
    B52's Avatar
    Join Date
    Jan 2008
    Posts
    829
    Thanks
    37
    Thanked 402 Times in 224 Posts
    Rep Power
    367
    Reputation
    7116

    Default

    Quote Originally Posted by admin View Post
    You need to use comparison sites to find the best deal,
    So far I found comparison sites deal with supply, not buyback. The supply tariffs of the various providers vary a little. Most will match your lowest offer anyway. The buyback has the most effect on being in credit or debit on you power bill.

  23. #20
    Administrator
    admin's Avatar
    Join Date
    Jan 2008
    Location
    Victoria
    Age
    56
    Posts
    31,150
    Thanks
    2,238
    Thanked 13,731 Times in 5,823 Posts
    Rep Power
    4552
    Reputation
    165805

    Default

    Quote Originally Posted by B52 View Post
    So far I found comparison sites deal with supply, not buyback. The supply tariffs of the various providers vary a little. Most will match your lowest offer anyway. The buyback has the most effect on being in credit or debit on you power bill.
    What they will pay you depends on what the FIT (feed in tariff) for your state is. They are all different.

    Regardless, I haven't seen an electricity comparison site that doesn't tell you how much you are getting paid for what you feed in, all I have used take your solar in to account.

    I am currently moving from PowerShop to Red Energy at the moment due to PowerShops horrendous price increase (about 30% from memory)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •