Hi Guys
Here in W A we have no choice in who we get our Power from and I pay the residential rate of 26.2026 cents per unit currently.
Ten years ago I erected a 2kw Solar system and have been receiving 47.1350 cents for each unit fed back The system cost us at the time $10,000
but we have not had a power bill and have had several payments of $1,000 back. We have all LED lighting apart from the shed and a solar HWS
Due to an incentive scheme at the time of erecting the solar power from the WA Government we received for 10 years 40c per unit exported back.
This deal is about to expire and all we will get soon is 7.1350 cents so that the Government owned Power supply will make a tidy profit on anything exported back. Lithium Batterys are still too expensive to be viable but I am thinking of going to a 6.65 Kw system and instead of drawing power in the evening as we have in the past and using washing machine Dish washer Bread maker etc during the day to soak up power from the panels and waiting for the batterys to come down in price.
I have not fully worked it all out yet but I guess I will have to in the near future or get used to having a power bill again
