Hi, Does anyone have any experience on how long it takes to re-coup your money on one of these systems ? The sales pitch looks fabulous but after getting the calculator out it doesn't seem so good. Apart from the philsophical / green reasons for going solar , does the $$$ add up ??
Where I live they are being advertised for ~ $4000 + $440 for a new meter & connection to the Grid ( after the govt $8000 rebates etc ) so about $4400 total installed cost
It seems pretty hard to calculate how much I would save per quarter on my bills , so many variables of sunny days , overcast days , altitude , power usage etc etc
At a guess of $50 per quarter savings on electricity , its going to take 22 years to break even.......and if it was $100 per quarter , then 11 years. Is this correct or am I missing something ????
With *only* a 1kW system it seems unlikely to be putting anything much back into the grid , even if the power company will pay me 44c for it ????
Any real world experience anyone
Regards Andrew