QUOTE(zheilwane @ Jun 23 2012, 08:12 AM)
U mention that, assume inflation is 7%, inflation = general prices go up (sugar, rice and etc averagely increase 7%). Therefore, if u say our money value will decrease by 7% due to inflation, ELECTRICITY Cost will also increase by 7% due to inflation based on your assumption. YOu cannot say u save the money now and buy share and return more than 7%, what if your share RUGI? what u can compare is putting the amount saved now (RM2k) in Fixed Depost which is only 3%+ per year. SO, you put your money in bank, u get 3%+ interest but due to inflation, electricity cost goes up by 7%.
If you have 4-5 bathrooms, u get 2 big heaters like 50 litres each, if 1 person shower, u need to wait ard 25-30 minutes to boil the water before u can shower.
1) Nd to wait a long time to shower (a 25 Litres tank will take ard 10-15 minutes)
2) Wasting electricity compared to heating just 25 litres.
In my calculation, i did factor in per month there is no sun light of 5 days. So, for those who wanna decide whether how much $$ can a solar heater save per month, just play around with my calculation, if u think 1 month 10 days no sunlight (which is impossible) den change it to 10.
It is true TUBE type solar like Micro Solar have higher efficiency and saving, SOLAR POWER also got TUBE type.
Why more saving? Tube type solars can heat up til 90°C
Total power used = (4.2*270*60)/3600 = 18.9kWh
Total Saving per day = 18.9kWh x RM 0.4 = RM 7.56
However, if your house only has 4-5 persons, it is not worth getting a tube type solar (you wont be needing so much hot water) as they are basically more exp, you wont be needing the extra efficiency. Similarly, if u have only 2 persons using hot water, it is not worth getting a solar heater.
Some years the electric charges have not been increase think until mid last year it only increase. So for the last few years that the traffic not increase, do you think we have less inflation or 3% as per government announce? 2009 and 2010, how much was it to hire a driver in 2008 compare to last year and now? last time RM 700 can get, now it even go up to RM 1.5k but yet is hard to find people and work. Also for investment, maybe don't talk about investment, but let say the extra 2k now I buy security doors, and 5 years later do you think I can buy the same spec of security doors at 2K?
You and I know, the storage heater store hot water, is not going to have to wait. I brought two from you too if you remember. Every morning i just take bath and water still hot. Sometime I even forgot to switch it on and only notice when I come out. My wife (well many lady too) take longer bath, and she don't have to wait.
Anyway, i am not here to debate Storage is better, but just to point out your 5 years of ROI is not going to be accurate. I have a friend with 6 family members convert from Storage to Micro Solar early this year, and from his feedback there are saving but not substantial, about 30+- per month,, which was not far off from my estimate when he ask me for advice.
And most bath happen during dust, or evening which sun are at its lowest point. Well, unless we have many non working or study family members. And weather like this taking hot bath in the afternoon, hmm which I think not many people will do.
What I can say, Solar have saving, but the return is just not 5 years. 7 to 10 years more like it.