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I will have a 2Kw system when it is operational cost $4700. It is contracted at the 60c rate. This I expect to supply about 3000Kwh per year based on about 1200 out of a possible 4300 hrs of sunlight.
At 60c/Kwh $1800. My last years consumption was $1700.
Incidently I expect most who can afford a solar electric system will be paying tax on their extra income at the 47c/dollar so they will not be netting 60c / kwh
I wonder how many people have thought of the implications of being an electricity producer and selling the product.
It is a good investment to me as I can increase my yearly income by nearly $2000 and only cut my pension by $1000 and I will still be below the threshold to pay tax!
Barry
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