Friday, December 05, 2008

Good Time for Solar

Recently i advised home-owner friends about the current good deal with solar power...

In short, three factors are in play at the same time:
(i) the government $8000 rebate hasn't been cancelled yet
(ii) Origin has a deal of a 1kW system for $3975 (after rebates)
(iii) there is a solar bonus scheme which pays owners a higher price for excess solar electricity.

. This would mean a system would pay for itself in 5-10 years (which is quite good).

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