QUOTE(WaCKy-Angel @ Oct 3 2023, 10:54 AM)
My friend just consider change from this to solar. He said not worth the effort to adjust meter. Everyday live in fear.
Home solar 4 months in.
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Oct 3 2023, 10:56 AM
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QUOTE(WaCKy-Angel @ Oct 3 2023, 10:54 AM) My friend just consider change from this to solar. He said not worth the effort to adjust meter. Everyday live in fear. |
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Oct 3 2023, 10:58 AM
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For my case, I calculated very detail and found out that 6 months usage, I already save about rm3800 worth of electricity.
So yes. If got extra money and Tnb bill high, migh as well consider solar. Money put in Fd can’t even help u cover your monthly electricity bill. For my case, there is no upfront payment. Meaning no need to pay lump sum. So even more worth it. |
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Oct 3 2023, 11:00 AM
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QUOTE(SurpriseZZZZZ @ Oct 3 2023, 10:57 AM) Saving = RM 750 But u must understand, we don’t need to cough up 47k. RM 750 x 12 months x 10 years = RM 90,000 (consider your panel doesn't degrade at all, no maintenance needed at all) RM 90,000 / RM 47,000 = 191% for 10 years. Let's calculate the CAGR 1.91^(1/10) = 1.067 Meaning 6.7% Compounded Annual Growth Rate (Again, with no solar panel losses, no maintenance needed, no solar seasonal pattern). That's the absolute max you can get for 10 years. After 10th year, you needed battery to make it viable. That compound interest is when u have 47k upfront. We just need to pay monthly as usual for 5 years. Actual Tnb usage. And next five years total free. yukkit1026 liked this post
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Oct 3 2023, 11:01 AM
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Oct 3 2023, 11:03 AM
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QUOTE(SurpriseZZZZZ @ Oct 3 2023, 10:58 AM) Panel no need to buy new one. Inverter also no need. Can use up to 30 years. So it is quite worth it. Coz even after nem 10 years. Ur system still generate. It can at least cover morning usage without battery. With battery investment which could be another 15k at thst time, c potential to save is even higher. Moogle Stiltzkin liked this post
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Oct 3 2023, 11:04 AM
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Oct 3 2023, 11:04 AM
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Oct 3 2023, 11:05 AM
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Oct 3 2023, 11:07 AM
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QUOTE(SurpriseZZZZZ @ Oct 3 2023, 11:05 AM) I agreed. However your return will not suddenly increase from 6.7% -> 30% due to different payment schedule. Oh. If u see carefully, the money u pay to Tnb is a money thst u need to set aside anyway. It won’t help you generate anything except paying to Tnb. But if u buy system, that money still with you, just in a form of a machine thst generate “money” for 20-30 years |
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Oct 3 2023, 11:08 AM
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QUOTE(debonairs91 @ Oct 3 2023, 11:07 AM) My bill this month only rm3. Total usage is 1230kwh From bill calculator from Tnb, 1230 kWh will cost me rm570++. There is no bill before and after. After instal, only one bill. Moogle Stiltzkin liked this post
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Oct 3 2023, 11:10 AM
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QUOTE(debonairs91 @ Oct 3 2023, 11:10 AM) U seems to have issues with ts. Go get a life. ru40342 and Moogle Stiltzkin liked this post
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Oct 3 2023, 11:12 AM
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QUOTE(SurpriseZZZZZ @ Oct 3 2023, 11:10 AM) Yes it will generate for 20-30 years and you can only use it during day time. My plan is getting a battery after the system. Even if it cost 30k by then, and can help me save 600 ringgit every month. It should be still viable. Night time is what kill your TNB bill, not day time. I average 35 kwh per day of usage and day time we hardly hit 10 kwh, at night that's another 20-25kwh of usage, mainly from air conditioning. So without battery, your panel will be covering just max 1/3 of your usage. Not entirely. I am an avid solar supporter, but it should be backed by solid facts and figures. But now a bit sked coz battery seems to explode. |
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Oct 3 2023, 11:13 AM
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Oct 3 2023, 11:14 AM
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Oct 3 2023, 11:17 AM
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Moogle Stiltzkin liked this post
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Oct 3 2023, 11:18 AM
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QUOTE(cloudwan0 @ Oct 3 2023, 11:15 AM) first, you need to take out 50k to install First. There are many ways to avoid the 50k upfront. Many ppl don’t pay upfront lump sum anymore. second, you only started, what about maintenance? how long it can run without issue? third, most ppl electric bill around 200~300, why take out 50k up front the 50k can pay 13 years of RM300 electric bill. Maintenance try to nego as long as u can 200-300 bill don’t need 50k upfront Maybe 20k only. Moogle Stiltzkin liked this post
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Oct 3 2023, 11:19 AM
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Oct 3 2023, 11:21 AM
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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. Yes. Another cycle. Correct. 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). 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. mushigen liked this post
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Oct 3 2023, 11:25 AM
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