GetSolar’s Post

Take a look at this marketing video for a Singapore solar company called GetSolar. Now just to be absolutely clear, the intent of this post is not to promote the company cos there are plenty of similar solar companies out there. But I just want to highlight that the 1st homeowner featured (Mr Sandeep Malik) said his payback period is 4 years. His system cost is SGD 40,000, with savings of SGD 10,000 a year. The payback is significantly shorter than what I enjoy for my own house (6-7 years), which I have mentioned several times before (the calculations are in one of my posts: Part 4 of my series on residential solar in Singapore - https://lnkd.in/g6jzuWbD). So how did he achieve it? My guess is that he uses his solar to charge his Tesla during sun hours. This is actually a very good use of solar - maximise the electrical loads that can be powered during sun hours. If you self-consume solar at the time of production, you offset the full cost of electricity (~SGD 0.30/kWh if you are on the regulated tariff). But if you have excess solar which you export to the grid, you only get paid the energy portion of the regulated tariff (what we call T-G or Tariff minus Grid Charge). So obviously you benefit more by shifting electricity demand to the sun hours when the solar system is generating. In the case of EV charging, the savings could be higher depending on how you calculate them. Eg the LCOE of a home solar system is say SGD 0.15/kWh. If you charge your EV at a public charging point, you could be paying something like SGD 0.65/kWh. Without knowing how Mr Sandeep calculates his savings, it's not possible to know exactly how he obtained his 4 year payback period. It could be from the capex side (he got a really good deal) rather than the savings side. Nonetheless, whether 4 years or 6-7 years, it really is a no-brainer decision when typically the panels are guaranteed for 25 years and the inverter for 10 years. If you have your own roof, don't wait. Install solar now. The payback for solar in Singapore is really good.

🔥 Breaking News Alert! The Energy Commission drops a bombshell: 1.2 million users facing a 4.2%-6% surge in electricity bills from Jan 1, 2024! 😱 Ready to escape the shock? Discover how solar power with buySolar is your ticket to predictable bills and savings! ☀️💡 #EnergyNews #SolarSavings #buySolar

Australian Electricity Markets: Quite a big move in Q1 2024 QLD Swap and Cap prices. This movement is largely driven by the high-demand day we experienced in Queensland. 🌞🔋 Curious about what's happening? Check out my earlier post for more info of what's happening in Queensland today 🧐👀 https://lnkd.in/gFsrgF8Z

In South Africa, as we face ongoing energy challenges, there has never been a more critical time to focus on energy efficiency in our homes. By making small, conscious changes, we can reduce our electricity consumption, lower our monthly bills, and contribute to easing the pressure on our national grid. Simple steps to become more energy-efficient at home: Switch to energy-efficient appliances and LED lighting. Unplug devices when not in use to avoid unnecessary energy drain. Consider solar power for electricity and heat pumps for water heating. Improve your home's insulation to reduce the need for excessive heating and cooling. A recent article highlighted that rising electricity costs continues to be a pressing issue for the country, and while national solutions are being explored, individual actions can make a difference. By being energy-conscious, we can not only cut costs but also contribute to reducing strain on our energy infrastructure. Check out this article on South Africa's energy crisis and see how energy efficiency& Interventions can be part of the solution: https://lnkd.in/gNDjeURe. Let's work together to make our homes more energy-efficient and resilient! 🌍💡 #EnergyEfficiency #Sustainability #SouthAfrica #GreenLiving #SolarEnergy #SaveElectricity

🤔With the heyday of feed-in tariffs well and truly behind us in Australia, is it time to consider adding a battery to your energy mix? Here are some benefits your business could be enjoying by installing a solar-battery system: 💰Reduce your grid dependency, even during night hours ➡️ Lower energy bills 🔌Have a reliable backup power source that allows you to continue doing business during energy disruptions 👣Make a big dent in your carbon footprint Batteries are easily integrated into an existing system and they're becoming more affordable (down 14% last year, according to PV Magazine). 🔋So, would you consider one for your business? #SmartEase #CommercialDecarbonisation #CommercialBattery #EnergyStorage #SolarBattery

POWER RATES are expected to go up this month, due to higher settlement costs in the reserve market and the implementation of the new feed-in tariff allowance (FIT-All) rate, according to Manila Electric Co. (Meralco). https://lnkd.in/g6mJExME

Fully agree with the ending sentiments of Philip Barry's opinion piece in the The NZ Herald today..... "Despite these extensive interventions, it’s possible some well-directed adjustments to the Electricity Authority’s rules could improve the sector’s competitiveness. However, any government interventions need to be carefully evaluated and subject to rigorous cost-benefit analysis....there should not be just a panicked response to the immediate situation." https://lnkd.in/gBbUj5TA

So, you’ve heard that our Home Solar Subscription offers a Fixed Tariff on your electricity bills, but what does that actually mean? Malaysia's electricity tariffs have soared by a whopping 83% since 2006, and the future? It could mean even steeper hikes. Your current bills might seem manageable, but imagine how much they’ll grow with inevitable tariff hikes in the coming years. With our Home Solar Subscription, you'll be securing a fixed, cheaper tariff at RM0.46 compared to the current highest tariff of RM0.57/kWh for the next 20 years. Imagine never having to worry about rising energy costs during that time. Any future tariff hikes will only mean more savings for you. With this said, our tariff offers protection from future inflation and ensures lower electricity costs over the long term which gives you peace of mind and control over how much you pay for electricity. What are you waiting for? Subscribe to solar now and start experiencing the predictability of fixed cheaper electricity tariffs today. #greensolutionsforyou 💚 #greensolutionsforyou #solarpower #renewableenergy #sustainableliving #gosolar #savemoney #solsenergy #solarpanels #residentialarea #greenermalaysia #lebihbaik #netmetering

How did you contribute to this year's #EarthHourAustralia? 🌍 At GivEnergy Australia, our customers are always helping reduce demand on the electricity grid, just by having our products! ✨ With a #homebattery system in your house, you can make use of cheap time-of-day tariffs by using energy when it's at its cheapest (and greenest!) ♻ Or why not pair it with your #solarpanels? ☀ Maximise your efficiency and make the most out of those sunny days by charging your battery with sunshine. 😎 You know what to do 👀 👇 https://givenergy.au/ #energystorage #energystoragesystems #renewableenergy #batterystorage #cleanenergy #australia #australianbusiness  #electricians #savemoney #energybills

📊 How Much Does Electricity Cost for Industries in Canada 2024? 💰⚡ Curious about the varying costs of electricity across Canada? Our blog dives into the average industrial electricity prices by province and territory, factors influencing these rates, and practical tips to save on your electricity bill. Check it out to make informed decisions for your business! 🌍⚡ Read more: https://lnkd.in/g2bvTDyP #ElectricityCosts #CanadaBusiness #IndustrialElectricity #EnergyPrices #ElectricityRates #EnergyManagement #BusinessSavings #SustainableEnergy #RenewableEnergy #HydroelectricPower #EnergyEfficiency #CostManagement #BusinessFinance #ElectricityBill #EnergyConsumption #IndustrialEnergy #BusinessOperations #GreenEnergy #EnergyInsights #ElectricityMarket #EnergyTrends #BusinessTips #CanadianBusiness #EnergySector #ElectricitySavings #IndustryInsights