Thursday, October 10, 2013

Deal of the Century

Dear reader(s), My proposal for the generation of electricity at our commercial place of business involves selling the electricity excess to our daytime needs back to the grid. Our price is not the exorbitant feed-in prices that the evil Bligh government set at 44c/KWh I would refuse on principle to partake in any such outrageous out of market contract. Our price is not the 1:1 favoured by the ignorant majority - After all that would be selling the electricity back at around 21c/KWh which is about as much as the utility can get retail and doesn't allow for the costs of upgrading, maintaining etc. required on the grid, which far outweighs the marginal cost of generating a unit of electricity. Our price is not 8c/KWh which is the fallback wholesale cost estimated to be the cost of a utility purchasing electricity on the wholesale market. The excess electricity is fed back into the grid at ZERO cost to the utitilility. That's right Zip Zilch Gratis. It is unclear whether this is still a better deal for me than the utility, but certainly, if electricity prices do not drop from their current level, our solar plant will pay itself off within 3 years. Our use is virtually all daytime, and greater in summer and less when it is cloudy/rainy or dark. 30 KW ought to do it, plus a 2 KW off grid unit for emergencies. Regards

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