Solar Energy Australia Rebate
Comments (0) If I am not a greenie and I agree with Andrew Bolt can it still make sense to get solar energy for my house?
I went to a seminar about it. With government rebate it costs just over $2000 for 1 kw system but with rising electricity prices and the government paying 60c per watt that is sold back into the grid it is conservative to say it pays for itself in 7 years. So would it make sense to get one simply for financial reasons even if I have doubts or don’t believe pollution from coal based electricity generation contributes to greenhouse warming.
PS I am from Australia and Andrew Bolt is a journalist for Victoria’s Herald-Sun newspaper who doesn’t believe in global warning.
Wow, you guys in Australia are lucky! Payback period where I live is around 20 years.
For $2000, I think it’s definitely worth it. You say it’s going to take 7 years to pay off so I assume that it’s generating about $250 of electricity a year. $250 is a 12.5% return on investment. When is the last time you had a financial investment with 12.5% return?
Even if you don’t believe in global warming you probably at least understand the effects of coal generation on smog and other general unwanted pollution. Solar should help this, as well as saving you money. I’d go for it.
A Homemade Solar Panel Can Power Your Home – 100% Workable Guarantee
Themocracy