@olderwiserAm i reading this right. Basically 8.6% of our client...

@olderwiser
Am i reading this right. Basically 8.6% of our client base is getting feed in tariffs (which is excess electricity put back in the grid?) So presuming LPE are getting the feed in tariff and passing it onto the clients?
So just confirming the model, we put the solar on, charge the client so much per KW, presumable cheaper than the flat rate from the grid. LPE receive the feed in tariff for excess and give it back to the clients.

If this is the case, this should really start to show and make a bigger difference between the revenue and cost of good, ie larger margins? This is offset by the debt repayments / interest as we have used borrowed money to put the solar on the roof

So i presume the numbers will be lower in winter, as less excess electricity. still a huge change from 12 months ago. 145 compared to 2821 from Q2 2019/20 to Q2 2020/21

Would be good to get update on the partnership they told us about with the shared solar provider (Was it with Allume) which was delayed due to Wholesale Electricity provider.

https://electricalconnection.com.au/lpe-allume-brings-solar-to-over-a-million-australians-living-in-apartments/