QUOTE(mushigen @ Oct 3 2023, 01:39 PM)
47k/36=RM1306 pm.
Put in epf at 5.5%, you'll earn rm4208 interest and will have RM5,1224 after 36 months.
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After this 36 months, for the next 7 years, you will earn rm23,989 in interest giving you the total rm75213.
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For year 11, you will earn RM4242 interest, translating to RM353 per month.
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If you're not able to extend NEM, your PV must offset RM350 pm to break even. Don't forget that your EPF money is still there for you to withdraw, whereas your PV and its peripheral hardware are considered sunk costs and are basically worthless if you decide to give up on it (no/low resale value). Will it add to your house market value? Not sure.
This write-off is not taken into account in the untung-rugi calculation. It essentially means at the wnd of Year 10, your TNB savings is just RM15k (at current tariffs and consumption) more than your EPF balance, but your epf continues to grow while your solar panel system continues to deteriorate in terms of performance and resale value while requiring maintenance.
Lol don't know why u make it so complicated.
Based on my bill I calculated 20% p.a return for 47k invested.
Epf is 5.5% average.
The only difference is solar panel is physical asset 47k cannot take out but much better return hence the ROI 5 years. Anyway the risk of losing it all is offset by the warranty given.
Epf u can take out but 5.5% p.a. also I already maxing out my epf contribution. I just put 1 year of my epf investment into solar.
QUOTE(ShadowR1 @ Oct 3 2023, 01:59 PM)
I hear from kopitiam blow water session that there's this someone who adjust the meter n year ago -> tnb sent letter wanna change smart meter (whole taman) and he normalize back the meter -> tnb lai change smart meter -> readjust the smart meter
Psst ... he very diam bout this, very the diam unlike those lak kaw bu chiet mouth like a loud speaker.
I hear he's been on the tnb discounted rate for > 10 year. Duno what usage is before but after discount its around Rm150+-
Kasi bakar the meter and get tnb to install new one -> install ur solar.
Yep. I did just that. The electrician who ahem for me came bc and adjust back. Fucker didn't even bother to replace the sticker. So far haven't kena lawyer letter. Can only pray to God everyday now.
Funny enough before they start change meter I contemplated to burn it and ask for replacement. The guilt and anxiety very overwhelming to me. Very not worth to curi electric
QUOTE(azarimy @ Oct 3 2023, 02:01 PM)
My monthly bill currently is around RM200. I'm not sure if getting into solar is a worthy venture.
Is there any option if my consumption is just RM200?
Generally bill below rm400 not worth. The inverter and stuff like that cost significant chunk of the 47k I paid. Also need 3 phase power.