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
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.