Ahhh at last- it has shown to come true.
My investment into a solar hotwater unit coupled with the wood heater with the water jacket- an investment of $10k- a lot yes- but what an investment- our bill this time last year was $900 dollars, this time its $350 – thats not bad really. to sum it up
| Winter | Autumn | Spring | Summer | Total | |
|---|---|---|---|---|---|
| Previous | $900 | $800 | $500 | $500 | $2700 |
| Now | $350 | $350 | $350 | $350 | $1400 |
Thats just halved my Power bill- with still some options before adding solar panels.
And basically just got a 13% return on investment- thats not too bad- about 4 times most term deposits- this is the language that’s missing from sustainability- real investment and real returns.
Payback period of just over 7 years- then after that thats an extra $1300 in my pocket each year to reinvest into the property- extra insulation, gas stove, better freezer, or by then to help pay for the solar panels.
before and after
Great to see it in such real, hands on terms. Been toying with idea for a while, access to firewood needs to be part of the equation too. Especially as ageing and not able to cut, split collect as easily as once could.