Post
Topic
Board Mining (Altcoins)
Re: What is your electrical cost/kWh
by
Hotdog Vendor
on 29/05/2021, 03:11:04 UTC
I live in South Australia. Pay aud$0.36c per kw, roughly us$0.28c. My state has had the highest consistent power cost per kw in the world for almost 20yrs.
If OP is correct in his price then they take the new lead? My price is the lowest I can get in my state checked every company. Are you sure yours is lowest?

Paid aud$4300(after $3500 rebate) for 6.6kw solar with 5kw inverter, should be paid off in just over 2yrs cos high sun here. Could of gotten cheaper but went with a good company.
Don't get cheaper rates because solar just get paid aud$ 12.4c per kw feed in. Then have to buy it back at night time for triple the price
And you can buy to buy 2 houses nearby. Install solar panels in one house and use cheap electricity at night rates in the other. This is in order not to buy electricity at night at a triple price.
Will this not be cheating?
Then it will be even more profitable, because mining will be very expensive at night.

We dont get any off peak rates so not cheaper at night same price all the time, cheapest I can get is aud$0.36c

As for buying another house, my current house value is like $750k and its shitty 1960 build with 1 toilet (Just the land is valued at $500k so they can charge more taxes. Australia is not cheap for anything.

Just my tobacco is $122 for 50gram again the cheapest I can get. If I could move to Canada I would, Australia sucks unless you earn over $75k a year.....