QUOTE(yeapsc73 @ Jan 17 2025, 04:40 PM)
Great piece of advice. For myself, I actually only need 5kwp system to cut to the first 300kwh tariff brackets. But was quoted 20k then for that, and 7.2kwp is for 23k, so it is a no brainer to get the 7.2kwp system. That leave me to almost zero TNB bill per month, ROI wise both also about 5years, but I have more flexibility to add another EV few years later
Hmm... I just try to work on the math problem.
Assuming a 5kw system produce = 450kwh (5kw x 3sun hour x 30 days) while a 7.2kw system produce 648kwh
Assuming your monthly usage is 750kwh (so you want your original 5kw solar power system to offset the higher tier and left you with 300kwh lower tier), in ringgit, your 750kwh cost RM320.25 (bill calculator from
https://myelectricitybill.my/bill_calculator_domestic.html).
With a 5kw solar system, your usage will be 300kwh costing RM71
With a 7.2kw solar system, your usage will be 102kwh costing Rm20.20, so difference is Rm50.8 extra savings per month
So you spend additional 3k for the system
Rm3000/50.8 = 59months = about 5 years
For a 5kw system, your monthly saving is RM249.25. The ROI is obtained after 20000/249.25 = 80.24months = 6.69months
For a 7kw system, your monthly saving is RM300.05. The ROI is obtained after 23000/300.05 = 76.65months = 6.39months (THIS)
So in short, for your system, it is better to get the higher capacity system because
Cost to generate 1kw in 5kw system is 20000/450kw = Rm44.4 per kw
Cost to generate 1kw in 7.2kw system is 23000/648kw = Rm35.49 per kw