QUOTE(icehart85 @ Aug 22 2024, 09:13 AM)
I actually picked Emit Solar because they are the only one AFAIK that don't have upfront payment. There was one other solar company that I consulted before, but I backed off because they need upfront payment or they want us to do EPP scheme. I have nothing against EPP just that it will eat up my CC limit which we might need in times of emergency.
Actually after installation I found out that Emit Solar is an intermediary, the actual installation is done by another solar company. However, I am fine with that because Emit Solar assumes the risk, support and warranty for the whole installation.
What happens after 10 years is actually for us to decide. I am quite happy that they used Huawei inverter with 10 years warranty. Imagine if they skimped on this and opted for an inverter that can last 5-6 years. Now that I think about it, they opted for this for a good reason as well. If everything goes as planned most likely we just need to replace the inverter and it's good for another 10 years, solar panels theoretically could last 30 years. One other factor to consider is what happens to our NEM contract after 10 years? Can we renew and sell back to grid after? Only time will tell.
Everyone can say they can get cheaper but the quality of the solar panels and inverter is another factor that you need to consider as well.
Final thoughts: Solar installation is NPV positive from Day 1. You also get to lock a portion of your energy cost from the fluctuations in the energy prices of TNB. If you opted with Emit Solar you are actually making infinite return since your savings that you get divide by 0 = infinity
Hi, mind to share which package you install & how much?Actually after installation I found out that Emit Solar is an intermediary, the actual installation is done by another solar company. However, I am fine with that because Emit Solar assumes the risk, support and warranty for the whole installation.
What happens after 10 years is actually for us to decide. I am quite happy that they used Huawei inverter with 10 years warranty. Imagine if they skimped on this and opted for an inverter that can last 5-6 years. Now that I think about it, they opted for this for a good reason as well. If everything goes as planned most likely we just need to replace the inverter and it's good for another 10 years, solar panels theoretically could last 30 years. One other factor to consider is what happens to our NEM contract after 10 years? Can we renew and sell back to grid after? Only time will tell.
Everyone can say they can get cheaper but the quality of the solar panels and inverter is another factor that you need to consider as well.
Final thoughts: Solar installation is NPV positive from Day 1. You also get to lock a portion of your energy cost from the fluctuations in the energy prices of TNB. If you opted with Emit Solar you are actually making infinite return since your savings that you get divide by 0 = infinity
They using string or microinverter?
Aug 22 2024, 03:46 PM
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