:Hi Ross, : :Ross Herbert wrote: : :> The Nuenergy offer is basically a SCAM. The PV panels are of unknown make and :> can be either mono or polycrystalline type-it is not stated in the advertising. :> The inverter is an unknown brand with unknown Chinese pedigree. The system is :> run on a bulk purchase only deal AIUI - you pays your money up front and you :> wait, and wait,,,, and perhaps you never even get to see your PV system and your :> money has disappeared. Would you buy a new car on this basis? :> :> The legitimate suppliers are up in arms and are making representation to the :> ACCC to have Nuenergy explain/comply with customer protection standards. : :According to their FAQ at: :
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: :The inverter is an "SMA Sunny Boy (German)" not 'unknown Chinese :pedigree', the PV panels are "6 x 170W mono-crystalline CEEG". : :There is no indication that you would lose the deposit (unless they are :a true con and plan to disappear). : :I would like to know more about whether they are REALLY a scam or not, :because it's getting really hard to decide what to do, and time is :running out. : :They sure do offer an attractive offer for people that aren't earning > :$100 000, thanks to the rebate. The indication is that the whole system :is free, as they use the Rebate and sale of RECs to fund it. However :they may well be a scam, though not for the reason you mention above, :unless their FAQ blatantly lies. : :Regards, : :Ross..
I hadn't actually looked at their site but had merely been in discussion with another person who was more aware of their practises than I.
I fail to see how they can both supply the equioment AND carry out the installation for less than the $8K rebate plus RECS.
If you wanted to install a similar quality system to the Sharp 1kW system yourself then look at the costs involved;
PV panels Sharp 24V 175W NTR5E3E cost $1,550 each
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and a Fronius IG15 inverter costs $3,074
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These 2 items alone account for $12,374 alone for a 1kW system so even if you receive $9000 in rebate and RECS you still have to find $3,374 PLUS extraneous materials such as roof frame, isolator CB's, cabling etc, plus contractor labour. Remember, If you don't use a contractor who is certified to install solar PV systems you don't get the $8K rebate, so that expense must be on top of all other items.
I know for a fact that on my system, the contractor charges for installation came to $2000 all up so add that to the above 2 items and we have $5,374 out of pocket costs, and that doesn't include the frame and extraneous items. Sharp have done a package deal to provide ALL items, right down to the necessary labels for the various CB's and the meter box, so that the system can be supplied and installed for the same as you would pay just for the PV panels and inverter, including certified contarctor installation, while still making a small profit.
Even using a Sunny Boy 1100W inverter instead of a Fronius IG15 will set you back around $2,360
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And cheaper (but still good quality) panels such as Uni-Solar will cost $1,204 ea
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so you do the sums. Note that the above prices are discounted from the rrp. This combination will save you $2,790 over the Sharp system, but you are still up for installation costs plus all the extraneous items.
It is impossible for Nuenergy to provide and install anything approaching the quality of the Sharp 1kW system (or even the Sunny Boy/Uni-Solar) for the cost of the $8K rebate plus RECS while still making a profit. It has to be a scam.