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O.T Carbon Tax v's PV ecomonic? but for who 5-Sep-2011 At 11:08:07 AM lacto

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On 4/09/2011 Cool Hand Lock wrote:
>I've made $876 dollars in 12 months from a 1.5kw PV system, it only cost
>$1750.
>
>If you don't install solar on your house your crazy.

My 5kw system returned $3690 last year and i have 3 rates to look at when i use power 66 cent feed back ,23.2 cent 7 to 11 monday to friday and 8.9 cent rest of time . It certainly makes you move consumption to the cheapest rate if possible .
Second array may or may not get the 66 cent feed back but it appears as it will be 25 cents though the non premium rate is 23.5 cent currently paying 24.3 7.00 am to 11 pm 9.9 overnight - will produce 7500to 8000kwh a year so return of $1760 min to max of $2000 though with power increases and carbon tax the consumptive rate will exceed the feed back so return will improve . System cost $15000 from which gst comes back and depreciates over 10 years for a minimum return of 12.9% on my immediate outlay . With the reduction in REC credit the system would be $700 dearer now if the price of panels has dropped