Quote:
Originally Posted by Hagar
I understand your thoughts Paul but unfortunately your argument is wrong. To buy into solar today at the current transfer rates a pay back period of 50 years is almost unachievable. The only saving to be made is to actually change your lifestyle and use the energy you generate and not to allow any to return to the market. To pass energy into the market only extends the period required to gain any return on investment.
I just love this comment:" Suggesting there is a disparity for someone who buys a 3kw system now for $1800 -$3000 or so dollars really undermines those of us who helped the system develop by being early adopters." What a load of codswollop. You bought when you did because you could see a dollar in it and could afford it. To say you helped the system develop to where it is now is a fact now it is financially stupid to buy into the system at 6 or 8cents a kilowatt hour. at 68 cents for 20 years it was a good deal OK.
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Actually that is a bit unfair. Not everyone got into solar to make money. We got into it to a reduce our bills and because we liked the idea of doing the right thing. Remember that every bill you don't pay is also coming off the cost of your system. The feed in tariff has less to do with it. If you are paying $1000 a quarter then if you only pay $200 you are in fact saving $800 dollars off your bill and that is helping to pay off the investment into the system. Lower cost systems mean whilst you don't get much money back from feed in, you do actually save paying a bill and that economically means it justifies the lower cost system you bought. That is basic economics. Besides lots of people work from home now or do things during the day at home. Even with a low feed in tariff, you can have lots of things on and it not cost you a cent. And; even if the tariff is low, surely getting money off your bill is better than pay those schmucks in power full tote odds. I doubt anyone who has got into solar post or pre the tariff change regrets the decision. Clearly a difference of opinion.