Options Calculator

02/04/12

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PV system Options and REC price Calculator

The following pricing only apply for people who are eligible for the Solar Credits incentive.





You can select a REC price to see what the
final cost after REC (STC) refund could be at that REC price.
Local Power does not know what future REC (STC) prices will be.
System Name/Size: (cost less Solar Credits for standard tin roof) Options:
please select your system size and options below
1.5kW system - $3428 expandable to 1.7kW $278 tile roof $325 inverter
extended warranty
1.7kW system - $3781 no expansion $310 tile roof $325 inverter
extended warranty
2kW system - $5389 expandable inverter to 3kW $342 tile roof NA
3kW system - $6969 no expansion $471 tile roof NA
4.4kW system - $10536 expandable inverters to 5kW $635 tile roof NA
5kW system - $12047 no expansion $836 tile roof NA
deposit payment
balance payment
total payment (assumes RECs (STCs) at $26)
final out of pocket cost based on your selected REC (STC) price above


PV system electricity savings Calculator


Estimate yearly savings on your electricity bill, assuming electricity price being 22.759c/kWh
Local Power does not know what your generation will be.		 Options:
You can select a percentage of export of solar energy to the grid and get an estimate
of what the savings will be on your electricity bill.
Local Power does not know what your export to the grid will be.
You can select the solar bonus scheme payment from your electricity retailer.
1.5kW system - 2161kWh/year
1.7kW system - 2431kWh/year
2kW system - 2971kWh/year
3kW system - 4322kWh/year
4.4kW system - 6482kWh/year
5kW system - 7563kWh/year
yearly savings assuming the above

 

 

 

 

 

 

 
     

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This site was last updated 02/04/12