Wednesday, June 13, 2012

Feed-In-tariff (FiT)and new Solar Installations

Have you got your submission to the Victorian CEC "Power From the People" Draft Report ready yet? It's due on the 15 June which is only a couple of days away. So get typing people!!
I wonder if the owners of new Photovoltaic panels, now popping up everywhere I look in my suburb, have had mentioned that their standard FiT will only last til 2015?
I wonder what the commission calls a good ROI (Return on Investment).
Invest $8000, earn how much per year ( at 8c per KwH) and save >25c per KwH similar amount in usage.
How long will it take to pay for the system then??
Read the Department of Primary Industries "Misleading Claims about Solar Power". I wonder if they should add in the reduced FiT as being a Misleading Claim. So much for trusting governments!

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