I was a cheapskate and went with Sunboost. The interest free two year payment thinggie was good, and they didn't ark up because I'm self employed. Around $4k for a 5kW inverter, 6.6kW of panels. Currently with Red Energy. Made a battery thinggie using one of these and a few AGM batteries that were kicking about - charge during the day and use at night to run the plasma and HTPC etc.
this post was submitted on 22 Jun 2023
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Hi, hope you don't mind me asking. How much is the upfront cost and the monthly payment for the 2 year interest free plan? Do they have in-house financing or 3rd party? (eg Humm) Thanks
I can't remember exactly, it was quite small like a couple hundred dollars. I had to pay a little more as I have a flat roof, but it was marginal. Also my meter box is 20 metres from the house so had to pay to get that upgraded. Most people won't have that problem though.
Cool, thanks! How much is the monthly payment?
Many of the higher FiT will have some form of cap, only applying to the first 10 or 20ish kW/h exported or maximum inverter capacity, so take that into account. Unless you can self-consume almost all of your generation those plans may not work out too well despite the high advertised FiT. I installed a 10kW system and have reached over 70 kW/h daily export in summer so you can see how the actual average FiT can end up much lower.
I found Powershop to be a pretty good option (was 13c, now 12c FiT, max 10kW inverter capacity but no export cap as far as I can tell), but you do need to run the numbers on the import rates vs your consumption habits to see if it's worthwhile.
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