I got to say, this is the most interesting thread i've come across in LYN...many good & useful info..i actually went thru all 22pages!! and got me really interested..
For me, the most important thing is knowing i'm contributing in reducing co2 emission, going green and just doing my part..secondly, TNB bill is my most hated bill..i really like to offset the electricity charges so in a way, using free or highly subsidized energy..
After going thru the threads and info, it seem the initial investment is roughly RM50k+ for a 4kw capacity PV system..and expect something like 3.5kw efficiency for FIT
Alliance bank has got this solar loan, with repayment tenure upto 10yrs, from my calc (consider blr+0 interest), RM60k loan will need repayment of something close to RM700..current FIT rate for 2013 & 2014 is around RM1/kwh
my question is, in order to generate enough kwh of FIT to just cover the loan repayment amount, what is the capacity of PV i need? realistically..(after factor in reduce efficiency, low yield from sunlight etc)
Or another way of asking, how much is the initial cost (which would dictate the loan amount) i need in order to sell say RM800-RM1k worth of electricity to TNB?
If i can get the initial cost financed, and the generated RE income can cover the loan repayment, i dont mind to install it..after 10yrs repayment i get to enjoy free electricity!!
btw, if the system is financed, can the taxable income from FIT be written off? Since i'm servicing bank loan & interest..and can show 0 profit since income is used to repY bank loan
If can generage nett income, many people will ride on it.