Chockstone Forum

      Sponsored By
      ROCK
   HARDWARE

Chockstone Photography

Australian Landscape Prints

Chockstone Forum - General Discussion

General Climbing Discussion

Topic Date User

O.T Carbon Tax v's PV ecomonic? but for who 19-Oct-2011 At 10:34:03 AM lacto

Message

Congratulations on setting up your shop hopefully it will be very successful though the Vic governments stance on feed back is not very encouraging for people to install as an investment rather than a "footprint " decision .
The 25 cent feed back rate with a 5kw system will give 13% if all fed back , dropping from this if power is actually used if you are paying less than 25 cent a kwh .This is probably the case but come July with the carbon Tax it will most likely be above this . This will encourage people to consume their own power and not fed back into the grid during the daylight hours which is the peak demand time and why there is a feed back tarriff
In my case I effectively have 3 rates of power costs 66 cent from my pv, 23.4 cents 7 am to 11 pm Mon to friday and 10 cents rest of the time . Needless to say I have great incentive to move my consumption to the 10 cent option and within reason have done so .eg yesterday produced 31 kwh and fed back 23.9 kwh generating $17 nett to me

If you are installing pv make SURE you understand the tarriffs you will have , look at your present rate and what that will pay on feed back , THEN look at the premium feed back as this will most likely move you onto a time of use rate say 10 cents off peak 35 cents peak to get 25 cents "premium feed back ". Under this senario you could greatly increase your bill if you consume a lot of power and dont move your use to the off peak time . I met a woman who was consuming 15000 kwh per year who put in a 1kw pv which would produce 12 to 14 hundred kwh per year . To attract the 66 cent fed back they signed up on a time of use 35&10 cent per Kwh versus 21 before , and not surprising their bill has almost doubled as they haven't changed their time of use and truly believed that they would get rid of their power bill and extremely abusive to the power company as it was all because of the smart meter !!