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 Solar Power Generation, for home use/sell back to tnb

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phanghy
post Oct 4 2012, 01:52 AM

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I have just bought a subsale house fitted with pv. Does anyone know if the original tnb agreement can be transferred to new owner?
phanghy
post Oct 5 2012, 03:53 AM

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[quote=avereng,Oct 4 2012, 08:43 AM]
It is transferable but need to be done by previous Renewable Energy Power Purchasing Agreement owner.
The owner has to apply through SEDA.
[/quote]

Thank you for your advise. Better get the owner to do preparation of transfer early. Otherwise he might take his own sweet time after hand over and still get money since still under his name.

[/quote]
U untung la! Got the REPPA from house owner, without paying for installation and applying quota

Did the owner sell the house with higher price?
[/quote]

I dont think got untung. Owner already factor price of pv into selling price. Maybe owner factor in more than he originally paid for the pv as selling price of property is much higher than than his original purchase price. In this case owner untung I rugi cry.gif
phanghy
post Oct 6 2012, 05:23 AM

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QUOTE(avereng @ Oct 5 2012, 08:08 AM)

I hope your house SPA still in lawyer processing, make sure the name transfer completed before you release payment.

BTW, what is your system capacity? This will decide your monthly income from PV system?
You can calculated the remaining 'return' from FIT REPPA.
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This house is fitted with a 4kw pv. You have mentioned earlier that such pv will get approx RM600/month.
Cannot understand ".... calculate remaining 'return' from FIT REPPA". Anyway looks like both of us is looking at december to get our first return.
phanghy
post Oct 9 2012, 05:33 PM

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QUOTE(avereng @ Oct 6 2012, 09:44 AM)
I don't know when is your system Commercial Operation Date (COD)? COD is the date your system generation start to have payment. REPPA 21 yrs contract start from COD. The remaining return of your system should be Date of Transfer Ownership till REPPA end.

For example: REPPA COD is 1 June 2012. REPPA end at 31 May 2033 (21 yrs from COD). Transfer Ownership at 1 Sep 2012.
The remaining return period will be from 1 Sep 2012 till 31 May 2033 = 20 yrs and 9 mths = 249 mths
The remaining possible return is 249mth x RM600/mth
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Wow biggrin.gif Estimate the COD date for original owner is January 2012. Then assume transfer ownership in December 2012. Does this mean I will receive payment for 20 years X 12 months X RM600=RM144,000 rclxms.gif rclxm9.gif

This of course does not take into consideration the decreasing rate paid by TNB every year, the required change of inverter every xx years, the regular cleaning of the pv cell required to generate optimun return and .......... suddenly the return for the capital of RM40-50K does not sound so good anymore. Anyway we should always look at the pv system more on the green side of it rather purely on return of investment. Anyway I do not think anyone will lose out except they must be prepared to a pay substantial sum initially.

Wish you good return for your installation. As for me, I do not want to think on the "extra" amount I have paid for the pv due to the very much higher price I have paid for the house but rather I would just take that the pv is a "bonus" that comes with the house and the future payment that I will receive as a very small discount that I will get.
phanghy
post Oct 10 2012, 12:12 PM

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Attached Image Attached Image [attachmentid=3093235]
QUOTE(avereng @ Oct 10 2012, 08:34 AM)
Some corrections for you. The rate paid by TNB is sealed by REPPA for 21 yrs. The rate is CONSTANT for 21 years. That's what make FIT attractive

Cleaning panel... u can DIY with high pressure pump or hire Indonesian to do.

Inverter cost around RM5k for US brand. U can opt to increase warranty to 10yrs with some fees.
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I have found FIT rates that decrease with each year from the SEDA website. Does this means
1) The rate paid will decrease with each year or
2) The rate indicated is the rate paid (for 21 years) depending on the year of installation
eg. owner will be paid RM1.23/KWh for 21 years if installed in 2012 and
owner will be paid RM1.0411/KWh for 21 years if installed in 2014
If (2) is the correct answer then anyone who is interested to go ahead to install the BIPV is advised to do it sooner than later!

Sorry. Do not know how to attach picture to show SEDA's FIT rate. Anyway this is the link to another website which has a link to show the feed in tarriff (FIT) in SEDA's website
http://solarpower-mart.com/bipv/feed_in_tariff

 

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