Free Power Forever? The Real Cost, Payback Time, and Battery Truth on Solar in NZ
18 months ago, I spent $89,000 on home solar and an electric car. I told you about it, and was flooded with questions on how this could work for other people.
(You can listen to the previous episode from 1 April, titled "I Spent $89,000 on Solar And Electric Car In NZ… Was It Worth It?")
This episode is the follow-up, answering every question from the practical (does my roof even work?) to the financial (do I actually need a $10,000 battery?).
I’ll break down:
Would solar work on your house, and what it takes to make solar power work
How to run the numbers to find out how long solar would take to pay itself off. I’ve got a three-figure back-of-envelope calculation anyone can do with last year's power bills
Do you need a battery to make solar power worthwhile?
What to do if money's tight, or you rent
Where solar power is heading next, including balcony solar and virtual power plants
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