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Ann: Chairman's Address to Shareholders, page-32

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28/11/18

09:30

Post #: 36664249
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Originally posted by Docweemo: ↑

I reckon as a grid connected domestic consumer, able to access a 20c feed in tariff, and spending 30c per kWh, I could save a maximum of $1 per day with a 10kWh battery. So for a 5 year payback, I need the fully installed price to be around $1500 including all inverters and installation before I even start to consider it. So it’s way off for any domestic consumer with a reliable grid.
But the markets RFX are targeting have different parameters, and are massive in their own right, and will adopt at a much higher point. Price is not the primary factor.

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Only $1500?
Fully installed?
We already have solar panels. But would need a crane for the battery to be placed into position.
If it was $5k I'd sign up in a heart beat.
If it was $10k I would seriously plan for it.
It isn't only the payback that is important.
It is also about a sense of social/environment reasonibility plus being more independant from the grid (and independant from the stupid lack of energy policy of the current Govt).

RFX Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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