The rate is the standard new rate for all including Solar,
http://www.dpi.vic.gov.au/energy/environment-and-community/feed-in-tariffs
"Feed-in tariffs reward people who are producing their own renewable energy by allowing them to receive a financial return for the excess power they feed into the grid.
Up until now, different rates were available for different renewable energy technologies and different sized systems. This is being streamlined to one rate of 8 cents for 2013, based on the wholesale price for electricity and determined annually by the regulator until 2016.
Eligible premises with solar and renewable energy systems less than 100 kilowatts in size can apply for this new feed-in tariff. And from early 2013, some additional low-emissions technologies will also be made eligible.
This effectively means existing feed-in tariffs will be closed to new customers. Closing are:
the Transitional Feed-in Tariff – which offers a minimum of 25 cents per kilowatt-hour
'one for one' Standard Feed-in Tariff arrangements – based on the retail rate for power
If you have paid a deposit or are already having a solar or other system installed, feed-in tariff paperwork must be submitted by 30 September 2012 to be considered for either scheme. If you don’t qualify, you will be able to apply for the new reduced feed-in tariff of 8 cents.
Changes will not impact rates for existing customers. If you already have a feed-in tariff being credited to your power bill, you will continue to receive this rate until the end date for your scheme. Conditions apply, and you should read more about staying eligible for your scheme on this website.
Considering installing solar? The best advice is to make sure you do your research, seek multiple quotes, and ignore pressure from solar companies to “get in quick”. Read more about what’s involved in going solar, for help deciding if solar is the right option for you.
"
This puts Bluegen on par with Solar and others after September 20th.
The analysis is tricky as figures for Solar output are not readily available. As a guide my old solar 600W system generated 61kWH b/w Dec to Feb but the old FiT remains 66 c/kWH.
Currently
http://www.energymatters.com.au/specials/victoria-solar-power-special.php
5kW BILL BUSTER
Just $10,699 - SAVE 23%
Estimated Annual
Electricity Savings [1]
$1,920
This becomes only $465 under 8c/kWH with a 20 year payback time
BlueGen
http://www.smarthomefamily.com.au/number-crunching
"The BlueGen Fuel Cell
The BlueGen is another white box in our yard but instead of storing energy, this one generates it, turning natural gas into electricity and using the waste heat to heat water for us.
During May the BlueGen was programmed to operate at its minimum electrical output of 500 Watts all day, and generating around 12kWh/day. The BlueGen consumes natural gas, so it costs money to run, and the lower output better matches the total electricity consumed to power the household appliances. Since early June, on Mondays, Wednesdays, Fridays and Sundays, the BlueGen has been set to operate at a higher output of 1.5kW during evening peak time (2pm to 8pm), when more energy is needed in the house (like when we’re cooking dinner, watching the TV and turning lights on etc).
During June, the Total Energy generated was 439.22kWh, with a Daily Energy generated average of 11.95kWh on Tuesdays, Thursdays and Saturdays and 17.70kWh average Daily Energy generated on Mondays, Wednesdays, Fridays and Sundays.
"
Therefore if we assume burn gas @ 1.5 kWh we generate 17.70 kWh per day => at 8 cents kWh = $1.41 per day $516.84/year and get free hot water for the gas for an investment of say ($30,000 assume cost savings here)
The Bluegen Unit needs to be taken up by public housing and or Government IMHO as they can get it ex Duty ex GST.
Most importantly it depends what the Generating companies such as Origin are willing to pay me to offset peak use by A/C units that cost them dearly. $2500/year grid peak use 1.5kW or thereabouts. In summary for me to buy it 30 to 40 year (rough guess figures)payback, but Mr Origin would be cost neutral in much less time.
So how much would Mr "Electricity Retailer" discount the Unit for?????????
Cheers
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