DH and I are now seriously considering installing a solar system, so I have been reading the above with much interest. Kathleen, you're experience in particular was "disturbing"! Is it really true that it's only making about $6 difference per billing cycle? The cheapest 1.5kw, costing $3690, that I am considering at the moment should generate approximately $1300pa. Whilst not covering out total energy bill pa, it will go a long way in helping out. The most expensive (which DH is considering ha ha) costs $8390, 2kw, and should generate about $1713pa. The 10% upfront, then monthly, interest free instalments over 24 months. Technically, even the more expensive is doable, but I am loathe to go into debt for anything these days, now that we are mortgage free
Its a two edged sword actually, before when we had a large debt, these amounts "just went on the mortgage" that would be paid off "some day". Now, I think to myself... do I really want such and such that badly that I would want to owe "which bank"
any money ever again?
Unfortunately, we were unaware of "the Green Loan" until it was too late, so this interest free option through the Energy Company (who also install them) may be our most realistic option.
Any other thoughts??? I'm making a list of questions I need to get answered and these include:
1. what is the extra cost of upgradable components?
2. can I switch from gross feed in to net feed in, after the 7 year/60 cent guarantee expires?
3. can I opt to be paid the money, instead of it just being credited to our energy account?
Bye for now,