QUOTE(Kiding @ Jul 20 2013, 11:57 AM)
4KW system with 70K cost, if you get loan for 63K, and paid 6.6% (BLR rate) interest yearly, the total pay up in 10 years will be 63,000 + 23,227 (interest) = 86,227, and assuming maintenance per year is 700, total maintenance over 21 years is 14,700
assuming you can get 4KW x 3 Hours a day (worst case scenario), which is 12KWH/day x 1.1316 = RM 13.58 per day = RM407 per month
Over 21 years, you can get RM102,564 from TNB,
So profit you make over 21 years is 102,564 - 86,227 -7,000 - 14,700 = -5,363 (Rugi !!!!, of course this is worst case scenario)
So I'd say if you get loan from bank, your PV is working for bank, not you. the FiT is only for people with cash in hand!!!
Now as a rule of thumb you can get 1kW between 10k-12k. So price is quite reasonable now.
Assuming 4kW system cost 48k, loan get 43.2k, paid blr 6.6% yearly, total paid up in 10 yrs would be 43,200 + 15,927 = 59,127.
Maintenance total of 21 yrs 14,700
So let me work around your calculation a bit. Using 3 hrs a day(worst case scenario),
Maximum fit rate you can get is RM1.316(below 4kw)+RM0.2392(install on roof)+RM0.03(use locally manufactured modules)=RM1.40
Use your worst case scenario 4kW x 3 hrs per day x RM1.40 x 30 days= RM 504 per mth
Direct calculation over 21 yrs RM 127,008 from TNB.
Profit is 127,008 - 59,127 - 4,300 (d/p) - 14,700 = RM 48,881. Profit. This is already worst case scenario.