Hi,
I have just had a 1kw PV system installed at my suburban Melbourne home. Before I sign the agreement Origin Energy have sent me I was just wondering if there might be anything to be aware of or are they bog-standard?
Cheers
John
Any tips/tricks/traps before I sign my feed-in agreement?
(4 posts) (3 voices)-
solar_star
MemberHi Jed,
Check the small print - at least one of the agreements that I have read says that you agree to give them your RECs if they ask for them and to confirm that you haven't assigned them to anyone else.
Check what tariff you are going to be paying. It could be a Time of Use tariff where the peak rate is higher than you've been paying up until now. You may want to use your knowledge of how you use power in your house to decide whether or not the deal you are being offered is better than you will get elsewhere.
If your daylight power usage over the year = the amount that your system generates during those daylight hours you might find the benefits of PFIT are negated by the extra costs in the evening during the week. And don't forget to include the standing charges in your sums.
It seems to be a very personal calculations. What is an excellent deal for one household can be a poor deal for the house next door.
You can read more about PFIT offers and the questions that you should know the answers to before you sign on the DPI website http://www.new.dpi.vic.gov.au/energy/projects-research-and-development/solar/feed-in-tariffs/victorian-energy-retailer-pfit-table
hope this is of use.
Posted Tuesday 6 Jul 2010 @ 3:10:48 am from IP # -
Gruen
MemberGreat question, Jed. Is that the current 1.5kW offer?
Aren't the TIU tariffs not yet in operation given the kerfuffle with the Smart Meter roll-outs? Someone was mentioning on the fora that Origin offered more options to customers in NSW in terms of the sort of power you would be buying when required (it was called 100% wind power option, or somesuch). Are you wanting to buy green power when needed? That might be a consideration for you.
Posted Thursday 8 Jul 2010 @ 1:30:21 pm from IP #