12-09-2023, 01:03 PM
(11-09-2023, 02:48 PM)harm_less Wrote:(11-09-2023, 01:23 PM)nzoomed Wrote: The system certainly was cheaper back in the day before it was deregulated.The 'rent to buy' style arrangements I've seen are very much weighted in favour of the provider/installer. Better if you can arrange funding to do it off your own bat. A number of the major trading banks are offering low interest loans for environmentally focussed items such as insulation, solar and EVs. Typically a practically designed PV system has around a 10 year payback so well worth loaning the funds to install it with bank funding at a few %. Essentially it means that the system will pay itself off in not too many years.
Our local power board was fairly reasonable at the time before it became trustpower.
Anyway power still seems rather affordable to me, but I agree prices have increased, I have a fireplace so dont use much for heating.
The most ive paid in winter for a months power is about $200, but usually closer to $150
Im keen to add solar panels. I could do a DIY job but its a lot of hassle getting things certified, etc but ive got a friend thats done it.
Are there any companies that do installs where you pay it off on your monthly bill and get full ownership at the end?
I know some of them have lots of fine print and you dont always own the system.
Mu advice is to use a reputable installer as there are some design details that they can implement that will more than worthwhile compared to a DIY job, and they should have a good working relationship with your local lines company and electrical inspectorate which will avoid a lot of potential grief. Probably also a requirement to use a qualified installer in order to get a bank loan.
This calculator is a good basic tool to investigate potential return/payback on solar installations: https://www.canterbury.ac.nz/epecentre/r...olar-tool/
Yeah i suspected that, im happy to wait and save up a bit anyways, since I dont have ridiculous power bills currently, but should I get an EV, I would like to make use of the solar to charge my vehicle in the future.