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You'd spend $1000 to save $0.20 on electricity every day?
by loeg 1y ago
You'd spend $1000 to save $0.20 on electricity every day?
- byefruit 1y ago7.3% return, not bad. As battery prices drop it will get even better.
- marcosdumay 1y agoIt's not 7.3% return rate. There's some depreciation you need to add there.
- WheatMillington 1y agoIf you're going to depreciate the battery then your return will be substantially greater than 7.3%. You can't use BOTH the capex AND the depreciation as your denominator, choose one.
- testing22321 1y agoThe average price of power in Australia is 34 cents per kWh. The average Aussie spends A LOT more than $0.20 per day.
- loeg 1y agoGP isn't talking about a full day's use, but "free electricity for an hour or two each day (or even each week)."
- testing22321 1y agoThe whole reason to spend the money on the battery is so you can use the free power for a lot longer than an hour or two!
- jay_kyburz 1y agoYou'll want to draw as much power as possible while its free, and use it duing peak times.
- Rebelgecko 1y agoWhere I live, $1000 would get you about 3kWh of battery power, which would pay for itself in a couple years