carey wrote:Bump
Been looking at Solar panels for a little while now looking at getting the below deal through 'Sun Energy'
2.75Kw system with a 3.5inverter (should we choose in install a couple of extra panels later) Your SEG number will only cover the original panels installed(2.75kw), additional panels will mean another application for a new SEG number for the larger unit.
No up front out of pocket expenses (excluding meter $325 out of pocket expense)
$3.50 a month account keeping fee (40 Months $140 in total)
fixed price of 18c back to the grid
25 year warranty on the panels
6 year warranty on the inverter
Repayments- 40 Months x $100.15 Per Month (Total Cost $4012)
So basically what I save on my power bill pays for the panels***
Unit will produce just over 12.5Kwh per day This will probably be only when its a nice sunny day. Cloudy days you wont get anywhere near that. Better to get the maximum 5kw system
My current average for the last 12 months is 14.47Kwh per day
app on phone to monitor the panels performance 24/7
Whilst this system seems small compared to others on this thread, with the feed in rate so low I basically just want to cover what we use so to speak. Basically use as much power as we like during the day and be very selective in what we use at night.
One thing I was a little taken back by was, I have insurance through a 3rd party insurance company should Sun Energy go through whilst the payment system is on! Sun Energy claim this is to give confidence to the client that they are covered but, for mine it sends the wrong message.......
I'm getting my hands on the contract and small print tomorrow, I'll be having a very good read of this.
All feedback on the above appreciated.
You will also need to find out their rates per KW Sun Energy charge you. NOT the discount % amount but the actual amount they charge in $$. You might find their fees out weigh any advantages of getting a "free" system.
Just a thought - If you still have an old Electric Meter there WILL be delays in getting the new meters installed. With a disconnection of the old service and a re-connection for a new meter.
IMO - If you can save the money and pay for a 5KW system upfront you will be far better off.