Oct 3 2023, 10:42 AM
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.
That 47k is not an asset like house. More like a car. It will be deteriorated. Should include depreciation expenses oso . No to little second hand value.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.
This post has been edited by saigetsu: Oct 3 2023, 10:42 AM
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