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 Home solar 4 months in.

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MR_alien
post Oct 3 2023, 11:22 AM

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QUOTE(SurpriseZZZZZ @ Oct 3 2023, 11:12 AM)
26 panels = 26 ways to fail, also extremely fast.

You think we all live in an area without dust? haze?
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it's a non moving parts
the most frequent maintenance he needed to do is keeping it clean
we have dust but at the same time we have rain as well
so how often do u think TS need to clean it

if you're even worried about solar thn i'm worried about you owning a car

This post has been edited by MR_alien: Oct 3 2023, 11:23 AM
SurpriseZZZZZ
post Oct 3 2023, 11:23 AM

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QUOTE(netflix2019 @ Oct 3 2023, 11:17 AM)
I can provide bill. But need to censor details. scare tio doxx.

If i post u going to edit out all your sceptical post? Dun need to apologize, just edit them to show the proof i provided. Deal?
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Many ktards here has forgotten TNB rate is yet to hike post pandemic.

Many ktards here also own / will own an EV soon. That would push them over 1500 kWh easily (welcome to the new ICPT charges)

Solar has its place, just find the right one for your usage. I do agree not everyone needed a 40k setup but if your usage justify it then go ahead. If your bill is only 300 then get a 15k setup then. Simple.

No point bashing each other here.
bee88
post Oct 3 2023, 11:23 AM

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QUOTE(mushigen @ Oct 3 2023, 11:20 AM)
It will take 50 months to recoup that RM30k, excluding opportunity cost of RM30k.

Then there's degradation of performance to think about, which stretches the break even time. And the inconvenience of having batteries at home (space, risk).
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Yes. Another cycle. Correct.

Degradation I am not worried.

Panel now degrade mostly to 80% after 25 years.

Battery come with 10 years warranty 6000 cycle.

So it should be better by then. For batttery tech. Just hope along the way don’t hear any new battry explode news.
Randomization
post Oct 3 2023, 11:23 AM

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Wait 1 full year and give more details on saving for better case study.
Need to account for seasonal weather difference.
WaCKy-Angel
post Oct 3 2023, 11:24 AM

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QUOTE(Jeebuy @ Oct 3 2023, 11:00 AM)
you seem proud of your bro fixing meter?
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Yeah why not
bee88
post Oct 3 2023, 11:25 AM

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QUOTE(WaCKy-Angel @ Oct 3 2023, 11:24 AM)
Yeah why not
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Which method he use? Bypass with a switch? Or other way? The rate is about 3-4k now. Depending on how much u want to save.
SurpriseZZZZZ
post Oct 3 2023, 11:25 AM

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QUOTE(MR_alien @ Oct 3 2023, 11:22 AM)
it's a non moving parts
the most frequent maintenance he needed to do is keeping it clean
we have dust but at the same time we have rain as well
so how often do u think TS need to clean it

if you're even worried about solar thn i'm worried about you owning a car
*
If rain can clean it how come our exterior wall will still be dirty after years of usage?

Even then solar panel guys been telling us, please clean the panels periodically.

No one is doubting the capability of solar generation but it shall never be glorified and advertised in such a way that it does not come with its challenges.

Read both sides of the stories.
bee88
post Oct 3 2023, 11:25 AM

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QUOTE(Randomization @ Oct 3 2023, 11:23 AM)
Wait 1 full year and give more details on saving for better case study.
Need to account for seasonal weather difference.
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Yes. That’s why I oversize my panel from my usage. I wanna cover the seasonal difference. I plan to have a bill below 10 for the next 10 years.
Clueless07
post Oct 3 2023, 11:25 AM

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RM 800 per month is pretty normal.
especially if use electrical kettle, induction cooker and hot water shower.
of course air cond at night in room,
living room also got.

5 years return- yeah good 20% return. Even factor in maintenance/replacement also consider a good 12 to 15%?
Take note this particular the figure will increase if TNB increase the tarriff.

some say it may not come.... but if the tarrif increase, the contract will at the same time increase the installation cost.


yes better than EPF. Also some bank offer installment right?
mroys@lyn
post Oct 3 2023, 11:26 AM

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no, the previous FiT user just need to submit for NEM application without new installations.

QUOTE(SurpriseZZZZZ @ Oct 3 2023, 10:58 AM)
You can renew, buy new set of panel, new installation again.
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bee88
post Oct 3 2023, 11:27 AM

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QUOTE(SurpriseZZZZZ @ Oct 3 2023, 11:25 AM)
If rain can clean it how come our exterior wall will still be dirty after years of usage?

Even then solar panel guys been telling us, please clean the panels periodically.

No one is doubting the capability of solar generation but it shall never be glorified and advertised in such a way that it does not come with its challenges.

Read both sides of the stories.
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I would say it depend on the slope. If yours on flat surface with 5-10 degree , then u might need to clean often. Heavy rain can’t do much.

But slope at 30 degree, should be better.

Coz now the panel has a coating thst repel dust when raining. But the slope also play an important role.
Syie9^_^
post Oct 3 2023, 11:27 AM

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QUOTE(netflix2019 @ Oct 3 2023, 12:08 PM)
Hi k/

I installed solar panel for my house 4 months ago. Total cost RM47000 for 26 pcs. Don't know the detail much cos not important to me. All i know is they write Jinko solar 550wp.

So far my average bill from RM800+ reduce to RM40-50. That's a whooping 20% return p.a

Isn't it too good to be true investment? What am i missing? why still not many ppl installing the solar since potential return so damn 7 good. Even EPF give guaranteed 5% only. FD is even lower.

FAQ
» Click to show Spoiler - click again to hide... «

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where pic? confused.gif
netmatrix
post Oct 3 2023, 11:29 AM

The machine... it sees everything.
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This is valid for household that has electric bills close to 4 figures per month. But people with such bill usually would have no problem coming up with RM50K for a Solar system. Annually can see the bill is more than RM 10K.

But then again coughing up RM50K for something that you cannot feel it is functioning feels painful.


SurpriseZZZZZ
post Oct 3 2023, 11:29 AM

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QUOTE(mroys@lyn @ Oct 3 2023, 11:26 AM)
no, the previous FiT user just need to submit for NEM application without new installations.
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Finally some good news.
That is good to know.
mystvearn
post Oct 3 2023, 11:29 AM

...
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QUOTE(netflix2019 @ Oct 3 2023, 10:38 AM)
Hi k/

I installed solar panel for my house 4 months ago. Total cost RM47000 for 26 pcs. Don't know the detail much cos not important to me. All i know is they write Jinko solar 550wp.

So far my average bill from RM800+ reduce to RM40-50. That's a whooping 20% return p.a

Isn't it too good to be true investment? What am i missing? why still not many ppl installing the solar since potential return so damn 7 good. Even EPF give guaranteed 5% only. FD is even lower.

FAQ
» Click to show Spoiler - click again to hide... «

*
3 years in Solar-NEM2 package-10kvah. 20 years warranty. Latest bil RM11.35
bee88
post Oct 3 2023, 11:31 AM

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QUOTE(mystvearn @ Oct 3 2023, 11:29 AM)
3 years in Solar-NEM2 package-10kvah. 20 years warranty. Latest bil RM11.35
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Wow. Damn u manage to get nem2.0. Congrats.
bee88
post Oct 3 2023, 11:31 AM

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QUOTE(netmatrix @ Oct 3 2023, 11:29 AM)
This is valid for household that has electric bills close to 4 figures per month. But people with such bill usually would have no problem coming up with RM50K for a Solar system. Annually can see the bill is more than RM 10K.

But then again coughing up RM50K for something that you cannot feel it is functioning feels painful.
*
Small bill also got smaller system thst give similar roi. Not necessary 50k. 13k also can get a system. Now usually ppp go for 20k system. For bill 200-300
Ivan113
post Oct 3 2023, 11:32 AM

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QUOTE(SurpriseZZZZZ @ Oct 3 2023, 11:25 AM)
If rain can clean it how come our exterior wall will still be dirty after years of usage?

Even then solar panel guys been telling us, please clean the panels periodically.

No one is doubting the capability of solar generation but it shall never be glorified and advertised in such a way that it does not come with its challenges.

Read both sides of the stories.
*
how often do you think need to clean those panels?
bee88
post Oct 3 2023, 11:33 AM

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QUOTE(Ivan113 @ Oct 3 2023, 11:32 AM)
how often do you think need to clean those panels?
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Coz my system can monitor per panel production, when I feel the production is no longer there, I can consider to clean.


mushigen
post Oct 3 2023, 11:34 AM

Look at all my stars!!
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QUOTE(netflix2019 @ Oct 3 2023, 11:14 AM)
True also. But this 47k upfront very suitable for me. Cos i total noob in investment. Usually park money EPF/FD . I prefer those long term investment that i stuff the cash somewhere no need to keep track.
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If this 47k doesn't give you hardship and you save RM750 per month in tnb bills, it does seem to be a good choice for you. If you put 47k in epf and assume epf interest of 5.5%, you'll have RM80k in epf after 10 years, compared to 90k in tnb savings.
On paper , you untung but do note that after 10 years if nem is not extended, your tnb savings plunge but your epf continues to earn compounded money for you. That's the risk, returns wise.

However, tnb tariffs may increase over time and your savings will too.

Most importantly, you feel good about it.
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