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Old 18-05-2015, 01:45 PM
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tlgerdes (Trevor)
Love the moonless nights!

tlgerdes is offline
 
Join Date: Mar 2009
Location: Sydney
Posts: 2,285
Quote:
Originally Posted by Eratosthenes View Post
About 70% of the total solar output goes back into the Grid, and the rebate covers by annual electricity and gas bills with maybe $300 to spare. The pay back period is about 5 years for the total cost of the system.
Are you sure? If you are on the 66c/khw. then you should be sending 100% of your power to the grid, as it should be gross metering. You then buy back everything you use from your electricity company. You might have a Nett invoice (what you feed vs what you consume) that indicates a cost difference of 70% of the value.
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