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Solar Power
Interesting debate we have here.
I have just committed myself to buying a 2kw Solar Array for my house.
Costing me in the order off $5630.00 after Govt' Rebates.
My electricity company has offered to buy the power generated by my Array at 52c per kW ... and I will buy back what I use at 19c per kW.
At my current electricity use and today's prices ... It will take 4 1/2 years to pay for it self.
After 20 years ... the Panels will only be around 75% efficient from what they were brand new.
It's an investment for me against rising power prices ... they go up again by 5.8% as of July 1st 2011.
I don't profess to be an expert in this field .... it's all about ongoing daily living costs to me.....I'm just hoping this will beat the Power Companies at their incessant grab for more money.
Cheers ..... Colin.
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