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>>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
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Mauried - 22 Nov 2007 06:26 GMT
>mauried@tpg.com.au (Mauried) wrote in news:4744be8d.129026625
>@news.tpg.com.au:
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>--
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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.