AGL FREE SOLAR PANELS
As of July 1, the good people of AGL solar are offering free solar panels!
And they say there is no such thing as a free lunch! So what’s the catch?
The good news:
- You can save $180 a year, or $45 a quarter.
The bad news:
- It’s only if you sign up before 31 July.
- It’s 2.5 percent less savings every year.
- It’s a 15-year contract. You can only get out of the contract by buying the system.
Are you serious AGL? Sounds more like a solar scam!
MC Electrical Green Loans
Let’s compare this to our “GREEN LOANS”
With no upfront cost, you can install a 6kW solar system
The good news:
- A 6kW system repayments are around $115 a month or $350 a quarter.
- On a 6kw solar system, you can save up to* $550 per quarter ($400 a quarter would not be unrealistic).
- If payments are $350, and electricity savings are $400, then you’re ahead $50/ quarter.
- The system is paid off in 5 years, and you save $400 every quarter from then on.
- These savings increase every year as electricity prices increase.
- 10 Year complete system warranty (25-year performance on the panel).
The bad news:
- Based on our entry level 6kW system (but a Sungrow inverter and tier 1 panels are nothing to sneeze at!)
*Calculated at 4.2kWh/kW/day for 90 day, and a today’s rate of 24.4c/kWh.