XPost: alt.home.repair, uk.d-i-y, alt.sci.physics   
   From: xenolith@optusnet.com.au   
      
   On 11/6/19 9:54 pm, Commander Kinsey wrote:   
   > On Tue, 11 Jun 2019 12:32:27 +0100, Daniel60   
   >  wrote:   
   >   
   >> Commander Kinsey wrote on 11/06/2019 8:09 AM:   
   >>> On Mon, 10 Jun 2019 10:53:25 +0100, Daniel60   
   >>>  wrote:   
   >>>   
   >>>> Commander Kinsey wrote on 10/06/2019 12:50 AM:   
   >>>>> On Sun, 09 Jun 2019 10:01:28 +0100, Daniel60   
   >>>>>  wrote:   
   >>>>>   
   >>>>>> Commander Kinsey wrote on 8/06/2019 4:04 AM:   
   >>>>>>> On Fri, 07 Jun 2019 03:46:18 +0100, Bob F    
   >>>>>>> wrote:   
   >>>>>>   
   >>>>>>    
   >>>>>>   
   >>>>>>>> You know this for every supplier in the world?   
   >>>>>>>   
   >>>>>>> Well if you live in the desert maybe you can actually make real   
   >>>>>>> money   
   >>>>>>> instead of stealing it from the taxpayer.  But in most places, solar   
   >>>>>>> panels are next to useless unless you want to charge up a couple   
   >>>>>>> of AA   
   >>>>>>> batteries.   
   >>>>>>   
   >>>>>> No farm, just a normal 3 bedroom house with 20 solar panels that I   
   >>>>>> installed about two years ago costing about $4,500.00.   
   >>>>>>   
   >>>>>> Last month, being the start of Winter, i.e. lower sunlight levels, my   
   >>>>>> Solar rebate (after any power I might have used during the day) was   
   >>>>>> $21.49, so, even at this low sunlight rate, I'd repay the panel   
   >>>>>> costs in   
   >>>>>> about 17.5 years.   
   >>>>>>   
   >>>>>> O.K., I'd have not earned interest on that $4,500 for that time, but,   
   >>>>>> then again, I'd have been getting 'free' daylight power myself for   
   >>>>>> that   
   >>>>>> time!!   
   >>>>>>   
   >>>>>> Taking into account the greater quantity of power I will(/have) be   
   >>>>>> generating during Summer, that pay-back time would be reduced (to,   
   >>>>>> maybe, 10 years'ish!!).   
   >>>>>>   
   >>>>>> Just saying!!   
   >>>>>   
   >>>>> I wouldn't buy something that took 10 years to break even.  Ever heard   
   >>>>> of an ISA?   
   >>>>   
   >>>> No!   
   >>>   
   >>> Might be a British acronym.  It's a long term savings account.   
   >>   
   >> Is that something like what U.S.A'ians cal a 401K ... what we in   
   >> Australia call Superannuation??   
   >   
   > No idea, I don't have one.  You put money in and don't touch it for 5   
   > years and earn a higher interest rate.   
      
   Compounding interest is key.   
      
   --   
      
   Xeno   
      
      
   Nothing astonishes Noddy so much as common sense and plain dealing.   
          (with apologies to Ralph Waldo Emerson)   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)