PV system Options and REC price Calculator You can select a REC price to see what the final cost after REC refund could be at that REC price. Local Power does not know what future REC prices will be. $0 keeping RECs $20 $21 $22 $23 $24 $25 $26 $27 $28 $29 $30 $31 $32 $33 $34 $35 $36 $37 $38 $39 $40 $41 $42 $43 $44 $45 $46 $47 $48 $49 System Name/Size: (cost less Solar Credits for standard tin roof) Options: 1.5kW system - $4474 no expansion $255 tile roof inverter extended warranty is not available 1.5kW system - $5067 expandable inverter to 3kW $255 tile roof $303 inverter extended warranty 2kW system - $7434 expandable inverter to 3kW $319 tile roof $303 inverter extended warranty 3kW system - $11701 no expansion $510 tile roof $303 inverter extended warranty 3kW system - $13730 expandable inverters to 6kW $510 tile roof $606 2x inverter extended warranty 4kW system - $17995 expandable inverters to 6kW $638 tile roof $606 2x inverter extended warranty 6kW system - $26529 no expansion $1021 tile roof $606 2 x inverter extended warranty deposit payment balance payment total payment (assumes RECs at $29) final cost after REC refund based on your selected REC price above PV system electricity savings Calculator Estimate yearly savings on your electricity bill, assuming electricity price being 18.8c/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. 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% You can select the solar bonus scheme payment from your electricity retailer. 44c/kWh (legislated minimum) 50c/kWh (e.g. Origin) 52c/kWh (e.g. AGL) 1.5kW system - 2196kWh/year 2kW system - 2928kWh/year 3kW system - 4392kWh/year 4kW system - 5856kWh/year 6kW system - 8784kWh/year yearly savings assuming the above

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This site was last updated 11/03/10