A bloke needs a shed

[guye]

Originally Posted by Aussie Mike

...Your smart meter will record that you are producing more than you are using and you will be credited 8c per kW/h as it goes back into the grid (500W feed back in for 2 hours is 1kW/h). You are effectively selling that unused electricity back to the company wholesale.

After the sun goes down the solar system will automatically shut down. Now you are pulling direct from the grid. Your lighting, TV, the oven cocking dinner are all drawing on the grid. You are then pulling electricity from the grid and paying 24c kW/h retail for it.

Got it Mike. Thanks. I had a brain brown-out I think, cause I forgot to calculate that of course your not paying for that power during the day when solar is working (up to your 3kwh or whatever system one has!). I was probably thinking (like tomcat) of the days when we could get same or better buy back rates. Duh!

I'm seriously thinking of solar for my holiday house in Mansfield Vic (which is available for rent [/end plug]) cause when I'm not there (most of the time) it just runs a fridge, bar fridge, hot water inverter and electric fence zapper.