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$15,490 http://www.solarpanelrebate.com.au/home-solar-
Either
% rebate
Or
Fixed $ rebate (Use the $ value provided by the govt
Total instal cost after rebate
0%
$8,000.00
$7,490
5.6
4088
$613.20
0
-$7,490.00
$613.20
$613.20
$613.20
-$2,263.00 -$2,263.00 -$2,263.00
-$7,490.00 -$1,649.80 -$1,649.80 -$1,649.80
Discount rate based on term deposit opportunity cost
-$17,185.46
Discounted Net present value of relying on the grid & investing in a term deposit that pays interest annually and repay
0
1
2
3
Cost
-$7,490.00
Earned
$599.20
$599.20
$599.20
Used
-$2,263.00 -$2,263.00 -$2,263.00
Total
-$7,490.00
-1662.8
-1661.8
-1660.8
NPV
-$7,662.23
Consider investing if your investment in solar generates a higher net present value compared with simply leaving you
s represent KW/hrs
bate.com.au/home-solar-systems-2Kw.htm
10
$613.20
$613.20
$613.20
$613.20
$613.20
$613.20
-$2,263.00 -$2,263.00 -$2,263.00 -$2,263.00 -$2,263.00 -$2,263.00
-$1,649.80 -$1,649.80 -$1,649.80 -$1,649.80 -$1,649.80 -$1,649.80
opportunity cost
8.00%
$613.20
-$2,263.00
-$1,649.80
$599.20
$599.20
$599.20
$599.20
$599.20
$599.20
-$2,263.00 -$2,263.00 -$2,263.00 -$2,263.00 -$2,263.00 -$2,263.00
-1659.8
-1658.8
-1657.8
-1656.8
-1655.8
-1654.8
10
$7,490.00
$599.20
-$2,263.00
5836.2
$301.00
64
31
1984
$0.15
11315
$1,717
Panel
Therefore the number of panels that wi
Panels Required
$/Panel
Total Panel Cost
Wattage on panel
5%
$40,381
5.6
60562.963
$9,084.44
0
-$40,380.86
$9,084.44
$9,084.44
-$1,716.64
-$1,716.64
-$40,380.86 $7,367.80
$7,367.80
Discount rate based on term deposit opportunity cost
$8,386.76
Discounted Net present value of relying on the grid & investing in a term deposit that pays interest annually and re
0
1
2
Cost
-$40,380.86
Earned
$3,230.47
$3,230.47
Used
-$1,716.64
-$1,716.64
Total
-$40,380.86 1514.8285 1515.828511
NPV
$28,894.75
Consider investing if your investment in solar generates a higher net present value compared with simply leaving
Total Sq
Meters
810
375
0.30375
herefore the number of panels that will cover the given roofspace
anels Required
329
120
tal Panel Cost
$39,506.17
attage on panel
90
mm
mm
10
$9,084.44
$9,084.44 $9,084.44 $9,084.44 $9,084.44 $9,084.44 $9,084.44 $9,084.44
-$1,716.64
-$1,716.64 -$1,716.64 -$1,716.64 -$1,716.64 -$1,716.64 -$1,716.64 -$1,716.64
$7,367.80
$7,367.80 $7,367.80 $7,367.80 $7,367.80 $7,367.80 $7,367.80 $7,367.80
m deposit opportunity cost
8.00%
10
$40,380.86
$3,230.47
$3,230.47 $3,230.47 $3,230.47 $3,230.47 $3,230.47 $3,230.47 $3,230.47
-$1,716.64
-$1,716.64 -$1,716.64 -$1,716.64 -$1,716.64 -$1,716.64 -$1,716.64 -$1,716.64
1516.8285 1517.828511 1518.8285 1519.8285 1520.8285 1521.8285 1522.8285 41904.693
lue compared with simply leaving your money in the bank to earn interest.