[A regular reader from Melbourne, Australia has this analysis of PV Panel home installation costs. BTW, today’s currency conversion rate is 1 USD = 1.36418 AUD. -Bob]
By tonytran2015 – Re-Blogged From Survival Tricks
With electricity price running out of control, anticipated to hit 40c/kWh in the near future, I have to consider investing in a home system of Solar Panels to reduces my expenditure. The good news is there are some Solar Panels on sale at $150 per square meter and my friend can install them for me at a cost of $150 per square meter. So I drew up the following financial analysis for the prospective installation of 1m2 of panel. The results are quite surprising: Solar electricity is not matured enough to be economically competitive. The Green actions by Australian Governments are mostly a gravy train with well connected, greedy people already having First Class seats on it.