first solar power cheque

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landyacht
landyacht
WA
5921 posts
WA, 5921 posts
29 Apr 2010 5:36pm
finally got a first cheque from synergy for the solar electricity weve been pumping out. $155.55. . weve been steadily building up over summer , but one really hot fortnight we went backwards by 4kwhrs. then we went to the beach to compensate. we lost 1 half day when western power contractors switched off the power to work on the lines, without switching off the solar(like it said on the BIG sign on the meter box) then they proceeded to work on lines that were really live., tripping the solar off. when they wsitched the power back on they again ignored the signage, and didnt switch the solar back on , so we lost over half a day of output to the grid. thank god for RCD's.
I couldnt believe how ignorant the linesmen were. I even talked to them about the solar as I was going out to work.
dirtyharry
dirtyharry
WA
444 posts
WA, 444 posts
29 Apr 2010 7:02pm
Nice one. How long is the $155.55 for?
decrepit
decrepit
WA
12884 posts
WA, 12884 posts
29 Apr 2010 7:17pm
Well done mate, Can't believe those linesmen, surely the're getting educated about dual supplies and how dangerous they are?????
Our little 1kw system got us $41.00 ahead over summer, but now we've started to slip backwards, our next reading, due in a few days, will be about $35.00 ahead by my calculations. (We're on fixed tariff of 16c)
Don't think we'll ever get far enough ahead to get a cheque, but also don't think we'll end up paying much either.

Although saying that, if they introduce a reasonable feed in tariff we probably will get a cheque.
brad1
brad1
QLD
232 posts
QLD, 232 posts
29 Apr 2010 9:26pm
Is this $155.55 classed as income? ie do you have to pay tax on it?
Personally I don't think it should be classed as income as your trying do do good for the planet they should give a tax break as an incentive for more to do it.
Mobydisc
Mobydisc
NSW
9029 posts
NSW, 9029 posts
29 Apr 2010 9:30pm
How much do you get paid for a KW hour? I think in NSW its 55 cents which is quite generous.

landyacht
landyacht
WA
5921 posts
WA, 5921 posts
29 Apr 2010 9:27pm
dirtyharry said...

Nice one. How long is the $155.55 for?

from 28th july last year till now, the peak rate we get is 29cwhich is 50% of what we sell, the rest we sell at 17 or 13 cents depending on time and day..
Ive been told that a 60c flat rate is coming soon bring it on
then we'll see decreps system kick off
have to get back to you on the income thing, we dont think so, as the original rebate scheme is only for residential adresses. If the income was taxable then theretically we could claim depreciation on the system and installation cost

GalahOnTheBay
GalahOnTheBay
NSW
4188 posts
NSW, 4188 posts
1 May 2010 4:18pm
brad1 said...

Is this $155.55 classed as income? ie do you have to pay tax on it?
Personally I don't think it should be classed as income as your trying do do good for the planet they should give a tax break as an incentive for more to do it.


The answer might be yes, but that's based solely on A Current Affair segment (yeah yeah I know) about pensioners complaining it was impacting their means tested pension payments.
Skid
Skid
QLD
1499 posts
QLD, 1499 posts
1 May 2010 8:05pm
GalahOnTheBay said...

brad1 said...

Is this $155.55 classed as income? ie do you have to pay tax on it?
Personally I don't think it should be classed as income as your trying do do good for the planet they should give a tax break as an incentive for more to do it.


The answer might be yes, but that's based solely on A Current Affair segment (yeah yeah I know) about pensioners complaining it was impacting their means tested pension payments.


Not a tax expert, but if you have to declare the $ as income, can you claim depreciation of the installation as a tax deduction?
Perhaps there is a CPA on seabeeze who can advise...
landyacht
landyacht
WA
5921 posts
WA, 5921 posts
3 May 2010 9:03pm
Skid said...

GalahOnTheBay said...

brad1 said...

Is this $155.55 classed as income? ie do you have to pay tax on it?
Personally I don't think it should be classed as income as your trying do do good for the planet they should give a tax break as an incentive for more to do it.


The answer might be yes, but that's based solely on A Current Affair segment (yeah yeah I know) about pensioners complaining it was impacting their means tested pension payments.


Not a tax expert, but if you have to declare the $ as income, can you claim depreciation of the installation as a tax deduction?
Perhaps there is a CPA on seabeeze who can advise...


was thinking that one myself. and then thought , where did the poor pensioner find the cash to install solar?

FlickySpinny
FlickySpinny
WA
657 posts
WA, 657 posts
4 May 2010 4:17pm
Nice work.

How do you measure the power you are generating? I'm assuming the meter gives you very general information, but do you have a system in your house that allows you to see on a minute-by-minute basis how the solar panels are performing?

lungs
lungs
QLD
492 posts
QLD, 492 posts
6 May 2010 10:48pm
an elderly relative (who now receives a part pension) had a system installed before it became a free for all and after speaking to centrelink believes that the credit/refund will be classed as income for centrelink.
landyacht
landyacht
WA
5921 posts
WA, 5921 posts
6 May 2010 9:34pm
the Inverter has a readout with data on current output and acculated output and times. the import/export meter also has data on the KW going in and out.
We check the readings every fortnight and have been plotting it ever since it started operating. I think 3 kw is about as small as you would go if you wanted a financial return
Test pilot 1
Test pilot 1
WA
1430 posts
WA, 1430 posts
6 May 2010 10:57pm
Because Landyacht has a 3 phase connection to his house he can export on 1 phase and import on another phase at the same time, which is the best option for profit.
bolgo
bolgo
WA
912 posts
WA, 912 posts
13 May 2010 9:12pm
any suggestions on best system/manufacturer

have smart meter - does that need to change?
Sailhack
Sailhack
VIC
5000 posts
VIC, 5000 posts
14 May 2010 10:16am
bolgo said...

any suggestions on best system/manufacturer

have smart meter - does that need to change?


Not sure on best system, but the Sanyo panels we used are apparently pretty good (hybrid amorphous/mono-crystalline). Kanika - amorphous (spelling?) make very economical quality panels, and are supposedly very 'efficient', but use about 3 times the area...which brings up a whole other argument about their efficiency?!?

Smart meter should work, we had to replace our old meter with a smart meter.
neilw
neilw
WA
134 posts
WA, 134 posts
14 May 2010 11:24am
Can anyone recomend a solar supplier/installer in brisbane. I often recieve fax outs from different companies but i am hesitant to go ahead with them because of there terms. Money up front, installation within 9 months of payment etc. Also gold coast company so suss already. Reputable company would be good. Also what size system would you recomend. Quarterly bill of $450.
Cheers
landyacht
landyacht
WA
5921 posts
WA, 5921 posts
15 May 2010 9:17pm
try and work out what your average daily Kw usage is, then go for something bigger. you also need to consider what you can fit on your roof, the angle of the roof and the direction its facing. The idea is to have an inverter that can handle a bit more than your panels max output. do you need to heavily prune your trees , Or your neigbours trees( I have 1 tree that shades my panels and my neighbour has stopped pruning it) .
These may seem like silly things but Ive seen installations where the panels face due east, even SE, panels overhanging rooflines, cableing running outside the roof, instalations that are heavily shaded. the usual comment was that the installed said it wouldnt make a difference, . finally , have a really good read of that fineprint before you sign. As with any subsidized scheme there will be some shonky operators, and they will be out there trying to find you with deals that are too good to be true
Test pilot 1
Test pilot 1
WA
1430 posts
WA, 1430 posts
16 May 2010 7:00pm
Sailhack said...

bolgo said...

any suggestions on best system/manufacturer

have smart meter - does that need to change?


Not sure on best system, but the Sanyo panels we used are apparently pretty good (hybrid amorphous/mono-crystalline). Kanika - amorphous (spelling?) make very economical quality panels, and are supposedly very 'efficient', but use about 3 times the area...which brings up a whole other argument about their efficiency?!?

Smart meter should work, we had to replace our old meter with a smart meter.


No matter what meter you have already on your house, you will need a new one, as they have to be :-
1. Electronic
2: Smart power to record usage at the different periods of maximum and minimum loading, depending on time of day/night
3: Programmeable to read import and export loads.
One problem that seems to occur (with the new type of electronic single and three phase meter that Synergy uses) durring lightning storms is that the digital screens have a tendancy to go blank if a lightning strike occurs on the nearby network.
From one storm I have had to replace over 25 meters both single and three phase including 1 import/export(solar power) meter.
Test pilot 1
Test pilot 1
WA
1430 posts
WA, 1430 posts
16 May 2010 7:08pm
I forgot to add that if your screen goes blank then they estimate how much power was used, based on bills for same months previous years. I doubt they would do the same for exported power, so it would be a good idea to ask what happens if that occurs!
teatrea
teatrea
QLD
4177 posts
QLD, 4177 posts
19 May 2010 9:17pm
neilw said...

Can anyone recomend a solar supplier/installer in brisbane. I often recieve fax outs from different companies but i am hesitant to go ahead with them because of there terms. Money up front, installation within 9 months of payment etc. Also gold coast company so suss already. Reputable company would be good. Also what size system would you recomend. Quarterly bill of $450.
Cheers


Sunpower are the most efficient panels on the market with the best warranty they are also 300watts , with most only 175 to 185 watts.Never pay a company upfront.If it sounds to good to be true it usually is.Sound like your using about 30KWH per day so minimum 2kw system ideally 3 or 4.
landyacht
landyacht
WA
5921 posts
WA, 5921 posts
19 May 2010 8:39pm
300W!!! . our german panels are 210w and there were the best we could get , and that was only 1 year ago. do you have a link with some tech info from the manufacturers please
teatrea
teatrea
QLD
4177 posts
QLD, 4177 posts
20 May 2010 11:51am
landyacht said...

300W!!! . our german panels are 210w and there were the best we could get , and that was only 1 year ago. do you have a link with some tech info from the manufacturers please


go to www.sunpower.com.au or of you are on the Goldcoast Pm me i will send you some info.
landyacht
landyacht
WA
5921 posts
WA, 5921 posts
20 May 2010 8:14pm
Ours are sunpower 210's. the new sunpowers are 225, and the 300w panels are wider with 2 extra banks of cells, so same power for the area.
i dont feel diddled by accelerating technology now
landyacht
landyacht
WA
5921 posts
WA, 5921 posts
28 May 2010 8:56pm
just announced last night, 47c per Kw on nett output
when i recalculated our last bill, we would have earned $205.71 inc GST instead of $34.90 in the last billing period.
thats like even better than beer money
.. theres gotta be a catch
decrepit
decrepit
WA
12884 posts
WA, 12884 posts
28 May 2010 9:37pm
landyacht said...

>>>>>>
.. theres gotta be a catch


Everybody else's tax is going to have to go up to pay for it.

PS. any idea when it's going to start????
New financial year perhaps?
landyacht
landyacht
WA
5921 posts
WA, 5921 posts
29 May 2010 8:00pm
yup , 1st of july
i suppose Id better start earning enough to pay some tax then[}:)]
Yes folks , there are some people in WA who dont earn HUGE dollars in the mining industry
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