12-10-2022, 10:57 AM
A bloke across the street had solar panels being installed yesterday. Reminded me to look into mine and what it was when i installed.
10-ish years ago, i was getting 32c buyback rate. Las time i checked, i was getting 8c buyback rate. That is 1/4 of the initial price.
Now its good with all the government insentives and what not, but still, its not even close to what is used to be.
If the government are serious about getting this industry up and running they would provide similar rebates to what they used to have.
FWIW, a mate of mine got some years before me and locked in a long-term deal of 50c rebate and was absolutely racking it in.
Unfortunately, energy companies lose too much money on those kinda deals....so its not actually about the environment and being green, but (as we all suspected all along) its the bottom line that matters most.
10-ish years ago, i was getting 32c buyback rate. Las time i checked, i was getting 8c buyback rate. That is 1/4 of the initial price.
Now its good with all the government insentives and what not, but still, its not even close to what is used to be.
If the government are serious about getting this industry up and running they would provide similar rebates to what they used to have.
FWIW, a mate of mine got some years before me and locked in a long-term deal of 50c rebate and was absolutely racking it in.
Unfortunately, energy companies lose too much money on those kinda deals....so its not actually about the environment and being green, but (as we all suspected all along) its the bottom line that matters most.