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.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
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. Literally rang tons of companies and I tend to check every 3 months but nothing changes.
I don't get option to buy back the power I feed in, only buy normal price per kw all the time. Other companies charge even 44c per kw here. I could get paid 15c per kw feed in but then Im paying over 40c per kw to buy it back.
As for buying another house, my current house value is like $750k (plus $45k tax) 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 (Government takes over $100). If I could move to Canada I would, Australia sucks unless you earn over $75k a year.....
In russia, a good modern house of about 200 square meters and 20 ares of land can be bought for $ 100,000.
Miners buy old houses for 4-5 thousand dollars to install their mining farms in them. The cost of electricity in the village (10-20 km from the city) is $ 0.025 per kilowatt. Electricity consumption limit 10,000-20,000 kWh per month.
Taxes are not more than $ 30-40 per year for one such house.