Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
View this topic in a long page with up to 500 replies per page Create new topic
1 | ... | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | ... | 98
EgorNZ
50 posts

Geek


  #3343112 15-Feb-2025 10:57
Send private message quote this post

timmmay:

 

Thanks all. It sounds like a midsize solar system would significantly reduce our bills and a payback would be less than 10 years. I guess it's a toss-up between paying high electricity bills and keeping money invested, or reducing bills. 

 

I guess those two prices are plus installation?

 

My advice would be to get the largest system you can afford and fit on your roof. 

 

Those prices appear to include installation.

 

I assume you're aware of the low interest loan offers from the banks for solar. This is a good way to get cheap money. Even if you already have the money to pay upfront for a system, you're better off keeping that in the bank and getting a loan at 1% if you have the option. This alone will add to your returns.

 

 Is there any advice around whether a battery is worthwhile? Obviously it lets us time shift our power which has big benefits. In the winter even though we preheat the house during the day we have a lot of usage in the evening. I wonder if the ducted heat pump would use the battery fairly quickly and cycle it every night, meaning the battery probably wouldn't last all that long.

 

That very much depends on your usage patterns and ability to self-consume the solar you will generate without a battery. The fact is most houses don't use a lot of power between 10am-4pm which is when you're generating the most solar energy; this likely isn't a time when you need a lot of heating, do a lot of cooking, or use a lot of hot water. Hot water can be timeshifted with a diverter and treated as its own kind of energy storage, but for other applications a battery is the way to go. A battery also gives you more scope to take advantage of time-of-day differential pricing plans.

 

I'm not sure about other brands, but Powerwall batteries are warrantied for 70% capacity after 10 years. Real world, people are seeing ~1% reduction per year with daily cycles. The battery should have long paid for itself before you need to think about replacing it.


HarmLessSolutions
969 posts

Ultimate Geek

Subscriber

  #3343114 15-Feb-2025 11:45
Send private message quote this post

timmmay:

 

.... 

 

Is there any advice around whether a battery is worthwhile? Obviously it lets us time shift our power which has big benefits. In the winter even though we preheat the house during the day we have a lot of usage in the evening. I wonder if the ducted heat pump would use the battery fairly quickly and cycle it every night, meaning the battery probably wouldn't last all that long.

 

You've said you work from home so will be in a similar situation to us in that you will be able to maximise your self consumption during the day. If that includes charging batteries your payback will be the difference between your solar export rate vs the rate in play at the time you're drawing down the battery. To put it somewhat simplistically a TOU plan can offer a night rate that isn't too far different to what you would have got if you'd exported that generation. In our case with Octopus that differential is only 1.5c (dearer on the night rate) so the battery payback would be 1.5c/kWh so ROI would be decades. Our installer advised us off of battery for that reason, and because we are hoping at some time to be able to use our 30kWh Leaf in a V2H capacity as that tech gets closer to reality in NZ.

 

In other words the payback on your battery will always be the kWhs used times the rate prevailing at time of drawdown less your FIT. You know your probable use model and electricity TOU particulars so calculate for yourself.

 

The other reason for battery installation is for resilience against power outages but even in our rural area these are rare and usually due to scheduled lines company maintenance. Also be aware that solar installations must be configured to shut down in the case of a grid outage for linesmen's safety, so no grid = no solar power, unless the installation is 'islanded' with the likes of a battery set up with 'blackout' capability that isolates you from the grid when the battery is supplying you.





https://www.harmlesssolutions.co.nz/


EgorNZ
50 posts

Geek


  #3343120 15-Feb-2025 12:29
Send private message quote this post

HarmLessSolutions:

 

You've said you work from home so will be in a similar situation to us in that you will be able to maximise your self consumption during the day. If that includes charging batteries your payback will be the difference between your solar export rate vs the rate in play at the time you're drawing down the battery. To put it somewhat simplistically a TOU plan can offer a night rate that isn't too far different to what you would have got if you'd exported that generation. In our case with Octopus that differential is only 1.5c (dearer on the night rate) so the battery payback would be 1.5c/kWh so ROI would be decades. Our installer advised us off of battery for that reason, and because we are hoping at some time to be able to use our 30kWh Leaf in a V2H capacity as that tech gets closer to reality in NZ.

 

 

What rates are you getting with Octopus?


HarmLessSolutions
969 posts

Ultimate Geek

Subscriber

  #3343182 15-Feb-2025 13:30
Send private message quote this post

EgorNZ:

 

HarmLessSolutions:

 

You've said you work from home so will be in a similar situation to us in that you will be able to maximise your self consumption during the day. If that includes charging batteries your payback will be the difference between your solar export rate vs the rate in play at the time you're drawing down the battery. To put it somewhat simplistically a TOU plan can offer a night rate that isn't too far different to what you would have got if you'd exported that generation. In our case with Octopus that differential is only 1.5c (dearer on the night rate) so the battery payback would be 1.5c/kWh so ROI would be decades. Our installer advised us off of battery for that reason, and because we are hoping at some time to be able to use our 30kWh Leaf in a V2H capacity as that tech gets closer to reality in NZ.

 

 

What rates are you getting with Octopus?

 

 

OctopusFlexi
Low User (GST incl on supply rates)

 

Daily charge $1.38 /day

 

Peak $0.37 /kWh (7am-11am, 5pm-9pm weekdays)

 

Off-peak $0.30 /kWh (11am-5pm, 9pm-11pm weekdays/7am-11pm weekends)

 

Night $0.185 /kWh (11pm - 7am 7 days)

 

Export -$0.17 /kWh





https://www.harmlesssolutions.co.nz/


timmmay
20575 posts

Uber Geek

Trusted
Lifetime subscriber

  #3343183 15-Feb-2025 13:36
Send private message quote this post

Thanks everyone, this has been extremely helpful. We're going to go for it, my wife is on board, and the 1% loans are a nice bonus 🙂

 

Given the buy-back isn't all that far off rate we pay with Octopus we'll use the grid as a battery. My wife also suggests it's also probably slightly safer not having a huge battery bank. I work from home, we can put a significant amount of our usage during the day such as ducted heating and cooling which can run on a low power all day, clothes washing / drying, dishwasher, etc. I'd try to have it so we can connect a battery later, and use the HWC diverter.

 

Our Octopus rates

 

  • Peak $0.262 /kWh
  • Off-peak $0.205 /kWh
  • Night $0.131/kWh
  • Solar buy-back $0.17c

EgorNZ
50 posts

Geek


  #3343184 15-Feb-2025 13:47
Send private message quote this post

HarmLessSolutions:

 

OctopusFlexi
Low User (GST incl on supply rates)

 

Daily charge $1.38 /day

 

Peak $0.37 /kWh (7am-11am, 5pm-9pm weekdays)

 

Off-peak $0.30 /kWh (11am-5pm, 9pm-11pm weekdays/7am-11pm weekends)

 

Night $0.185 /kWh (11pm - 7am 7 days)

 

Export -$0.17 /kWh

 

 

Hmm. You used the 1.5c differential between the Night rate and Export rate to calculate your payback on a battery. But for me anyway, battery drawdown at night is minimal, most usage is in the periods when solar energy is low but people are awake in the house, i.e. 7am-9am and 6pm-11pm. Which would correspond to your Peak and Off-peak rates, with a much greater price differential?


HarmLessSolutions
969 posts

Ultimate Geek

Subscriber

  #3343185 15-Feb-2025 13:47
Send private message quote this post

timmmay:

 

Thanks everyone, this has been extremely helpful. We're going to go for it, my wife is on board, and the 1% loans are a nice bonus 🙂

 

Given the buy-back isn't all that far off rate we pay with Octopus we'll use the grid as a battery. My wife also suggests it's also probably slightly safer not having a huge battery bank. I work from home, we can put a significant amount of our usage during the day such as ducted heating and cooling which can run on a low power all day, clothes washing / drying, dishwasher, etc. I'd try to have it so we can connect a battery later, and use the HWC diverter.

 

Our Octopus rates

 

  • Peak $0.262 /kWh
  • Off-peak $0.205 /kWh
  • Night $0.131/kWh
  • Solar buy-back $0.17c

Great Octopus rates where you are! Definitely knocks the economics of a battery on its a*se. Export rate higher than nights so bedtime EV charging wins out.

 

Also home batteries are increasingly Li Fe PO4 chemistry so minimal risk in a home setting compared to NMC.





https://www.harmlesssolutions.co.nz/


timmmay
20575 posts

Uber Geek

Trusted
Lifetime subscriber

  #3343186 15-Feb-2025 13:49
Send private message quote this post

Can anyone suggest good places to get a quote from given we're Wellington based? I've already booked Harrisons and contacted Solarman.


HarmLessSolutions
969 posts

Ultimate Geek

Subscriber

  #3343187 15-Feb-2025 13:50
Send private message quote this post

EgorNZ:

 

HarmLessSolutions:

 

OctopusFlexi
Low User (GST incl on supply rates)

 

Daily charge $1.38 /day

 

Peak $0.37 /kWh (7am-11am, 5pm-9pm weekdays)

 

Off-peak $0.30 /kWh (11am-5pm, 9pm-11pm weekdays/7am-11pm weekends)

 

Night $0.185 /kWh (11pm - 7am 7 days)

 

Export -$0.17 /kWh

 

 

Hmm. You used the 1.5c differential between the Night rate and Export rate to calculate your payback on a battery. But for me anyway, battery drawdown at night is minimal, most usage is in the periods when solar energy is low but people are awake in the house, i.e. 7am-9am and 6pm-11pm. Which would correspond to your Peak and Off-peak rates, with a much greater price differential?

 

Correct, which is why I gave the proviso "somewhat simplistically".





https://www.harmlesssolutions.co.nz/


HarmLessSolutions
969 posts

Ultimate Geek

Subscriber

  #3343189 15-Feb-2025 13:53
Send private message quote this post

timmmay:

 

Can anyone suggest good places to get a quote from given we're Wellington based? I've already booked Harrisons and contacted Solarman.

 

Good place to start https://www.seanz.org.nz/provider-directory Our installer is a SEANZ member and very skilled and reputable.





https://www.harmlesssolutions.co.nz/


dantheperson
174 posts

Master Geek


  #3343191 15-Feb-2025 13:57
Send private message quote this post

timmmay:

 

Thanks everyone, this has been extremely helpful. We're going to go for it, my wife is on board, and the 1% loans are a nice bonus 🙂

 

 

I'd love to see the economics on a small buffer battery.  Not one to keep the house going all night when the night rate power is cheap anyway, but during the day most days are heavily cloud affected, so you put your loads on during the day, then a cloud comes over and you start pulling 30c/kWh power from the grid. A small buffer battery coudl perhaps cover allot of that and have high payback as you are using full capacity perhaps multiple times per day.  Not too worried about the cycles reducing lifetime, it seems LFP batteries die from age before they die from cycling.

 

The prices i mentioned included install.

 

It helped my decision making when i did a quick worst case calc.  Took the annual production, multiply it by the FIT rate to give how much you would earn if you didn't self consume a single watt.  That gave me a payback of 11 years.  Should do much better than that though!


EgorNZ
50 posts

Geek


  #3343192 15-Feb-2025 14:05
Send private message quote this post

Interesting that Octopus plans have a night import rate higher than the day export rate, might be an arbitrage opportunity? Sell all your solar to the grid during the day at 17c and then buy it back to charge the battery at night for 15c. Draw from the battery in shoulder periods.

 

 


HarmLessSolutions
969 posts

Ultimate Geek

Subscriber

  #3343222 15-Feb-2025 15:20
Send private message quote this post

EgorNZ:

 

Interesting that Octopus plans have a night import rate higher than the day export rate, might be an arbitrage opportunity? Sell all your solar to the grid during the day at 17c and then buy it back to charge the battery at night for 15c. Draw from the battery in shoulder periods.

 

I get the impression that the likes of Ecotricity and Octopus are working towards building a customer base with solar generation capacity so they effectively will have their own 'virtual power station' which insulates them to a significant degree from the volatility of the wholesale pricing structure. The increase in battery uptake together with the arrival of V2G will play into this strategy well too.





https://www.harmlesssolutions.co.nz/


Stu1
1769 posts

Uber Geek

ID Verified
Subscriber

  #3343237 15-Feb-2025 17:51
Send private message quote this post

HarmLessSolutions:

 

EgorNZ:

 

Interesting that Octopus plans have a night import rate higher than the day export rate, might be an arbitrage opportunity? Sell all your solar to the grid during the day at 17c and then buy it back to charge the battery at night for 15c. Draw from the battery in shoulder periods.

 

I get the impression that the likes of Ecotricity and Octopus are working towards building a customer base with solar generation capacity so they effectively will have their own 'virtual power station' which insulates them to a significant degree from the volatility of the wholesale pricing structure. The increase in battery uptake together with the arrival of V2G will play into this strategy well too.

 

 

im looking at the same options I notice octopus now has a banner showing up coming rate changes, be interesting if they keep the solar plans the same 


HarmLessSolutions
969 posts

Ultimate Geek

Subscriber

  #3343263 15-Feb-2025 22:22
Send private message quote this post

Stu1:

 

HarmLessSolutions:

 

I get the impression that the likes of Ecotricity and Octopus are working towards building a customer base with solar generation capacity so they effectively will have their own 'virtual power station' which insulates them to a significant degree from the volatility of the wholesale pricing structure. The increase in battery uptake together with the arrival of V2G will play into this strategy well too.

 

 

im looking at the same options I notice octopus now has a banner showing up coming rate changes, be interesting if they keep the solar plans the same 

 

All retailers will be posting rate changes in April as they pass on lines company price increases. I'm confident that Octopus will continue to pay a fair FIT as much as the market conditions allow them to. During the course of last year they dropped their FIT tariff for a while but soon brought it back up to the 17c that we originally got from them. Nice to see a retailer so sensitive to customer expectations.





https://www.harmlesssolutions.co.nz/


1 | ... | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | ... | 98
View this topic in a long page with up to 500 replies per page Create new topic



News and reviews »

Air New Zealand Starts AI adoption with OpenAI
Posted 24-Jul-2025 16:00


eero Pro 7 Review
Posted 23-Jul-2025 12:07


BeeStation Plus Review
Posted 21-Jul-2025 14:21


eero Unveils New Wi-Fi 7 Products in New Zealand
Posted 21-Jul-2025 00:01


WiZ Introduces HDMI Sync Box and other Light Devices
Posted 20-Jul-2025 17:32


RedShield Enhances DDoS and Bot Attack Protection
Posted 20-Jul-2025 17:26


Seagate Ships 30TB Drives
Posted 17-Jul-2025 11:24


Oclean AirPump A10 Water Flosser Review
Posted 13-Jul-2025 11:05


Samsung Galaxy Z Fold7: Raising the Bar for Smartphones
Posted 10-Jul-2025 02:01


Samsung Galaxy Z Flip7 Brings New Edge-To-Edge FlexWindow
Posted 10-Jul-2025 02:01


Epson Launches New AM-C550Z WorkForce Enterprise printer
Posted 9-Jul-2025 18:22


Samsung Releases Smart Monitor M9
Posted 9-Jul-2025 17:46


Nearly Half of Older Kiwis Still Write their Passwords on Paper
Posted 9-Jul-2025 08:42


D-Link 4G+ Cat6 Wi-Fi 6 DWR-933M Mobile Hotspot Review
Posted 1-Jul-2025 11:34


Oppo A5 Series Launches With New Levels of Durability
Posted 30-Jun-2025 10:15



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.