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Electronics Forum / Electronics / November 2007



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Solar power now werth it?

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MisterE - 21 Nov 2007 08:10 GMT
Origin have 1kilowatt solar power system fully installed for $4,495, after
$8,000 goverment rebate and $1,000 renewable energy rebate. So all up it
costs about $5 per watt for solar power that is meant to last 30 years. On
average 1kw array will produce 6kw hours per day of actual back to grid
energy. This makes the total lifetime power 65,700 kilowatt hours. Tarriff
11 is about 15.5 cents per kilowatt hour, so all up 65,700 watt hours is
werth $10,183.50. So if you pay more than $85 per quarter on traff 11 it
might now actually be cheaper to get solar power.
Franc Zabkar - 21 Nov 2007 19:34 GMT
>Origin have 1kilowatt solar power system fully installed for $4,495, after
>$8,000 goverment rebate and $1,000 renewable energy rebate. So all up it
[quoted text clipped - 4 lines]
>werth $10,183.50. So if you pay more than $85 per quarter on traff 11 it
>might now actually be cheaper to get solar power.

If you invested the capital cost in a term deposit at 5%pa interest
(after tax), then after 30 years you would have $19427. If you
invested it in your mortgage, then you would be even better off.

- Franc Zabkar
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Please remove one 'i' from my address when replying by email.

Mauried - 21 Nov 2007 23:34 GMT
>>Origin have 1kilowatt solar power system fully installed for $4,495, after
>>$8,000 goverment rebate and $1,000 renewable energy rebate. So all up it
[quoted text clipped - 10 lines]
>
>- Franc Zabkar

The 1 Kw array for $4495 only makes 4 KWH a day not 6 .
Its the 1.5 KWH one that makes 6.
As Franc stated it just aint worth it.
You are spending $4495 to make 4 KWH of electricity ,(worth 60 cents)
a day.
Thats a return of 4.8%.
I can think of plenty of better ways of investing my money.

The real ripoff is the high price of Solar panels in Australia.
On average around $8 a watt, but in the US the same panels are
$4 a watt.
Something not right and it aint the exchange rate.
GB - 22 Nov 2007 02:35 GMT
mauried@tpg.com.au (Mauried) wrote in news:4744be8d.129026625
@news.tpg.com.au:
> The real ripoff is the high price of Solar panels in Australia.
> On average around $8 a watt, but in the US the same panels are
> $4 a watt. Something not right and it aint the exchange rate.

Thye're bulky. We're a long way from anywhere. Shipping costs,
import duties (and of course a bit of profiteering on the part
of the importers).

GB
--
.sig
Mauried - 22 Nov 2007 06:26 GMT
>mauried@tpg.com.au (Mauried) wrote in news:4744be8d.129026625
>@news.tpg.com.au:
[quoted text clipped - 9 lines]
>--
>.sig

A lot of the more popular brands of Solar Panels are now made in
Malaysia and the Phillipines,so the shipping costs to the US would be
the same as to here.
Its more likely that as there is a Govt subsidy available, the
importers are just keeping the prices high.
Subsidies usually always drive up the prices of what is being
subsidised.
MisterE - 22 Nov 2007 06:41 GMT
> A lot of the more popular brands of Solar Panels are now made in
> Malaysia and the Phillipines,so the shipping costs to the US would be
[quoted text clipped - 3 lines]
> Subsidies usually always drive up the prices of what is being
> subsidised.

Tell me about it , i used to buy 5000L water tanks for $650, now they are
$1250 :( The dought and everyone buying them drove the prices up now down,
and its not like there is a shortage, they are everywhere.
Ross Herbert - 23 Nov 2007 09:24 GMT
>>>Origin have 1kilowatt solar power system fully installed for $4,495, after
>>>$8,000 goverment rebate and $1,000 renewable energy rebate. So all up it
[quoted text clipped - 18 lines]
>Thats a return of 4.8%.
>I can think of plenty of better ways of investing my money.

Aha, the economic rationalists are in for a rude shock...

It is a near certainty that the real cost of purchasing domestic
electricity will skyrocket in the next few years so the viability of
"going solar" will be almost on a par. It also depends on the
individual circumstances and where you live. If you live several
hundred metres from the nearest power line route the $30k (or more)
you are required to spend to have the power line extended makes solar
power cheap by comparison. We don't all live in the city you know.
geoff - 23 Nov 2007 00:02 GMT
> Origin have 1kilowatt solar power system fully installed for $4,495,
> after $8,000 goverment rebate and $1,000 renewable energy rebate. So
[quoted text clipped - 5 lines]
> more than $85 per quarter on traff 11 it might now actually be
> cheaper to get solar power.

But not as good a value as a 'basic spelling' course....

geoff
MisterE - 23 Nov 2007 07:33 GMT
>> Origin have 1kilowatt solar power system fully installed for $4,495,
>> after $8,000 goverment rebate and $1,000 renewable energy rebate. So
[quoted text clipped - 7 lines]
>
> But not as good a value as a 'basic spelling' course....

tis called slang.
Now get that stick our of your a.s
John Tserkezis - 23 Nov 2007 08:33 GMT
>> But not as good a value as a 'basic spelling' course....

> tis called slang.

 No, that was a spelling issue.

> Now get that stick our of your a.s 

 Correct Queen's english spelling is "arse".
 Another spelling issue: "our" should be "out".
 And while we're at it, there should be a full stop at the end.
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Bob Parker - 23 Nov 2007 09:16 GMT
>>> But not as good a value as a 'basic spelling' course....
>
[quoted text clipped - 7 lines]
>  Another spelling issue: "our" should be "out".
>  And while we're at it, there should be a full stop at the end.

   None boters wit spelin or puntacion this daze.
GB - 23 Nov 2007 09:53 GMT
John Tserkezis <jt@techniciansyndrome.org.invalid> wrote in news:47469068$0
$4915$afc38c87@news.optusnet.com.au:
>   Correct Queen's english spelling is "arse".
>   Another spelling issue: "our" should be "out".
>   And while we're at it, there should be a full stop at the end.

Not to mention, "anal retentive" should be hyphenated.

GB
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John Tserkezis - 23 Nov 2007 12:59 GMT
>  Not to mention, "anal retentive" should be hyphenated.

 And yet...   :-)
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