QUOTE(Two5Kid @ Nov 1 2018, 05:31 PM)
Dropped by GSparx recently, they still haven't got anything solid for residential and the person in charge isn't forthcoming (probably due to it being still in the discussion stage), but from what I gather, this is how it will work.
Zero upfront cost initially but you will be leasing the whole setup for at least 10 years. Meaning every month you have to pay the lease. As for the extra electricity generated, it seems that TNB/GSparx will 'store' it as credit for you to use at a yet to be determined amount.
IMHO, I think this is how it will go, you pay nothing upfront, the company comes and fix it up. Say you provide RM500 of power back to TNB, minus the lease (say RM450), the balance will be deducted from your monthly electricity bill. Hence maybe that was meant by, "you will see a reduction of 10% from your electricity bill".
If this is the case, then you need to have a roof big enough to cover the lease cost and also to earn some extra credits to cover your monthly bill.
So if you generate less power than the lease, effectively you need to pay TNB then? Not such a good deal. Especially since the initial installation is done by their contractor and the package may not be competitive to other providers out there, and effectively a marked up price.Zero upfront cost initially but you will be leasing the whole setup for at least 10 years. Meaning every month you have to pay the lease. As for the extra electricity generated, it seems that TNB/GSparx will 'store' it as credit for you to use at a yet to be determined amount.
IMHO, I think this is how it will go, you pay nothing upfront, the company comes and fix it up. Say you provide RM500 of power back to TNB, minus the lease (say RM450), the balance will be deducted from your monthly electricity bill. Hence maybe that was meant by, "you will see a reduction of 10% from your electricity bill".
If this is the case, then you need to have a roof big enough to cover the lease cost and also to earn some extra credits to cover your monthly bill.
Nov 26 2018, 02:36 PM

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