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[NSW] Free 6.6kW Solar System: Pay 11c/kWh for Solar Electricity for 5 Years, Full Ownership After 5 Years @ Powapower

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[NSW] Free 6.6kW Solar System: Pay 11c/kWh for Solar Electricity for 5 Years, Full Ownership After 5 Years @ Powapower
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Pbargaingod123 on 19/03/2020 - 12:36 powapower.co (306 clicks)
Last edited 19/03/2020 - 19:59 by 3 other users

I'm not sure if this is a deal. Came across an advertisement on Facebook and gave a call.
They will install the solar panel for free on your house and charge you 11c for every kilowatt of electricity the panels produce which you can sell back to some electricity company for up to 18c/kw (not sure about now but origin had that sell back plan before).
After 5 years of installation, the solar panel is all yours and they throw in 5 extra years of warranty after you fully own the system.
Asked for an inspection already.

*Also up-spec for 16c/kW.h

16c/kwh, 5 year plan
Premium Plan
0 upfront payment for solar system. 16cents/kwh for electricity generated by the solar system. The system belongs to the customer after 5 years.
10% discount if you pay by direct debit or if pay on time
6.6kw Solar System : JInko 330W High-efficienct Solar Panel 20 pieces + Huawei / ABB 5kw Inverter
10 year installation warranty. 10 Year Panel Product Warranty. 10 year Inverter warranty for Huawei Inverter

Electrical & Electronics Solar Energy System

Related Stores

powapower.co
powapower.co

closed Comments

  • norbs on 19/03/2020 - 12:54
    +3

    I am not saying this is a bad deal at all. But please make sure you do some research.

    • foonman on 19/03/2020 - 12:59

      Good advice.
      If a 6.6kw system averages 20-25kwh/day over the five years you'll pay between $4000 and $5000 for the power produced. May or may not compare favourably to paying up front, if can do it.

      • bargaingod123 on 19/03/2020 - 13:01

        yeah, but you can sell them back to the system at same or higher price?

      • bargaingod123 on 19/03/2020 - 13:05

        yeah, you are right. I didnt have mine mind turned. but you are not paying anything anyway so i guess it works for some people.

        • SBOB on 19/03/2020 - 13:12

          but you are not paying anything

          you are most likely paying inflated daily supply charges and usage charges…
          There is no 'freebie' here

          • bargaingod123 on 19/03/2020 - 13:35

            @SBOB: yeah, you are right, the way I was thinking is that we can buy electricity at 11c and sell to the grid at around 14c making a profit on the way and get the panel at the end of 5 years.

            • SBOB on 19/03/2020 - 13:45

              @bargaingod123: That is entirely how this DOESNT work

              No one's buying power for less than their export rate .. (tou you might get off-peak lower or close to your FIT) but definitely not peak/shoulder or single tariff rates.

              • bargaingod123 on 19/03/2020 - 13:54

                @SBOB: I did some research and found the solar boost plan from boost: https://www.originenergy.com.au/electricity-gas/plans.html?p…
                The sell back is 21c / kWh which is double the price that the 'free' solar panel is selling you and if you are not using any energy more than it generates, it even has a off-peak rate which is cheaper than the flat rate.
                I'm not arguing with you, I'm also trying to make up my mind with weather to do it or not. For now, if what I'm understanding is correct, this is a pure profit (10c/kWh if you don't use it or your rate-11c if you use the power) if you have an empty roof and suitable for solar panel?

                • donkcat on 19/03/2020 - 20:09

                  @bargaingod123: A lot of this depends on your usage, these high FIT plans are normally great if you're a low usage household.
                  Lets look at some scenarios to see how good of a deal this is.. You will average 26kwh a day in Sydney for this size system. Lets assume you're a low usage household and average 10kwh a day, Lets assume you will you can self consume 50% of that with solar, so 5kw you self consume and 5kw you draw from the grid.

                  Origin Max Saver (No solar installed)
                  Daily Supply Charge 72.59 c/day *365 =$264.95
                  Peak Usage 23.72 c/kWh *10kwh *365 =$865.78
                  Total annual bill $1131.73

                  Origin Boost with this Powapower deal.
                  Daily Supply Charge 87.45 c/day*365 =$319.19
                  Peak Usage 28.58 c/kWh *5kwh *365=$521.585
                  Powapower cost 11ckwh *26 *365=$1043.9
                  FIT 21c/kwh *21kw/h *365 =$1609.65 credit
                  Total annual bill $275.025

                  Origin Boost with solar paid upfront
                  Daily Supply Charge 87.45 c/day*365 =$319.19
                  Peak Usage 28.58 c/kWh *5kwh *365=$521.585
                  FIT 21c/kwh *21kw/h *365 =$1609.65 credit
                  Total annual bill $768.87 credit.

                  So we can see by the Powapower deal using this example you are $856.70 better off a year than no solar. But if you source the solar elsewhere you are $1900.60 better off than no solar. Over 5 years that difference adds up to $5658.
                  I'm not an expert on solar companies in NSW but solargain is a well regarded national chain and they will do a better system for $5290 under finance https://www.solargain.com.au/sun-grow-your-savings-nsw
                  This is again much better gear for $5490 https://www.beyondsolar.com.au/solar-power-specials/
                  Hell you could even get 9.9kwh for $5500 all though would be very cheap components https://www.solarrun.com.au/solar-power-sydney/

                  My point is there are much better deals to be had by organising your own install, you could even find a dirt cheap 6.6kwh system for about $3500 if you wanted to.

    • bargaingod123 on 19/03/2020 - 13:00
      -1

      Sorry, but I think it is a pure income if you have a house? Am I missing something?

  • SBOB on 19/03/2020 - 12:55
    +4

    zero details on the supply rates they charge you

    also zero chance this is a better deal than shopping around and installing a quality system yourself

    also, their name was registered 10-11-2019

    Good luck on that warranty period :/

  • chakel on 19/03/2020 - 13:00
    +1

    Does anyone know of any actual deals on this. My energy bill is stupid expensive. I need options.

    • bargaingod123 on 19/03/2020 - 13:06

      This is a good deal if you dont want to pay upfront.

  • donkcat on 19/03/2020 - 13:06
    +5

    Interesting deal.
    A few things to point out
    "6.6kw Solar System : Lightway Mono Perc 300W Panel 22 pieces + Growatt 5kw Dual MPPT Inverter" Is cheap gear, actually never heard of the panels before
    The average 6.6kw system in Sydney generates 9626 kwh a year, at 11c kwh you're looking at $1050 a year or $5250 over 5 years
    Yes there are energy plans with higher than 11c FIT rate but they generally have higher usage and service charges to make up for it, next is we don't know what the FIT rate will be like in a few years as solar saturation increases, if it drops to 7c etc then you are even more out of pocket.
    I think if you can't afford to pay for solar up front then go through a reputable company with a finance option would be a better alternative to this deal.

    • bargaingod123 on 19/03/2020 - 13:07

      good advice

    • SBOB on 19/03/2020 - 13:13

      1) you may generate that but you wont be exporting all that
      2) you have no idea what their consumption rates are, and therefore your maths isnt valid without know usage and usage costs they will be charging

      • donkcat on 19/03/2020 - 16:01

        The way the OP worded it reads like you pick your electricity company, this company is just paid via all the solar generated (at So your export isn't really relevent11c kwh) and I imagine this would be done by remote monitoring of the inverter. The site states "11cents/kwh for electricity generated by the solar system" which indicates it's not based on export but this could just be poorly worded.

        • bargaingod123 on 19/03/2020 - 18:35

          from the phone call they told me it is everything generated by the system, ie. if your usage is 46c at the time and sell back is 21c, when the system is generating 5kW and you used 3kW, you will get charged 55c from the solar company and you get 42c back from your energy company while not need to pay your 138c which you would have to pay the energy company you used to. That's my understanding, give them a call if you are still confused

          • Steptoe on 19/03/2020 - 19:48

            @bargaingod123: How are they metering production?

            • bargaingod123 on 19/03/2020 - 20:31

              @Steptoe: Don't know but I guess there is a meter at inverter?

              • Steptoe on 19/03/2020 - 20:55

                @bargaingod123: Their video refers to approved meters. Not sure how they account for self consumption, unless they mandate separate metering.

      • donkcat on 19/03/2020 - 20:14

        Doesn't really help tbh, no Australian office, just one of the many brands that will prob come and go

        • Steptoe on 19/03/2020 - 21:20

          Budget end no doubt.

  • bpop99 on 19/03/2020 - 13:08

    They have zero testimonials - their testimonials are all placeholder text. So they are obviously very new, and very green (pun intended). Not necessarily a red flag, just DYOR

    • bargaingod123 on 19/03/2020 - 13:59

      Yeah, that's a problem, was worried for a bit seeing people above saying it is a very new company and we had all these 'associated' solar panel posts from past. However, for this one, they are putting their money on your roof so I guess the risk reduced a bit. But will need to keep that in mind in case the do some tricky things and get away before you notice.

  • placard on 19/03/2020 - 14:02
    +2

    Would not touch this with a barge pole.

    You can get decent quality systems installed for under $4k. Why not just save that up and do it that way. The return in the long run will be worth it.

    • scottySK on 19/03/2020 - 16:36

      In NSW?

  • 2getted on 19/03/2020 - 14:12
    +1

    An Australian web site always worth viewing before going solar: Solar 101: A Beginner's Guide

  • Astronaut Joe on 19/03/2020 - 14:13
    +1

    Anything stopping someone from getting the system installed, then unplugging it and ignoring it for 5 years?

    Not saying you would, but if you can't find a deal that pays you more than the 11c…

    • lostn on 19/03/2020 - 16:48

      just turn off the inverter. Maybe leave it on for a few hours a day to make it not look broken.

  • kirbuza on 19/03/2020 - 14:40
    1. get one
    2. cover it for 5 years. since its based of how much it produces. so, if you were to produce less then you pay less.
    3. profit?

    or nahh they got a rule bout that.

    theres like no info on site.

    • bargaingod123 on 19/03/2020 - 14:49

      You can call them, I believe they just charge you for 11c each Kw and doesn't matter how much it produces. If you get a good FIT, you can even make a profit on the electricity

  • qq830821 on 19/03/2020 - 14:59
    +1

    complication comes when you want to sell your house within the 1st 5 yrs.

  • Elitebhy on 19/03/2020 - 16:28
    +1

    This may be the perfect thing for a landlord who wants to install solar.

  • lostn on 19/03/2020 - 16:44

    very interesting marketing strategy. It's basically reverse solar. They are betting on you generating more in FITs for them than it costs to build the system. A risky gamble.

  • scottySK on 19/03/2020 - 16:55

    I'm only seeing 12c and 16c plans, have the changed the price?

    • Steptoe on 19/03/2020 - 18:30

      12c plan costs 11c/kW.h

  • AssociatedPowa Power @ powapower.co on 20/03/2020 - 15:53

    Hi Guys,

    Thanks for being interest in our business. We actually are still testing our cloud-based solar monitoring platform. We plan to lanuch the business sometime end Apr. Anyway, if you have any questions or comments. Please ping me directly. Happy to discuss.

    To start with, yes this offering is not for everybody. We as the business developer have got some professional investors/fund behind us for the business. And yes nothing is really free..if you do the math you will find that we will actually make some profit after the 5 year contract - otherwise we wont do it. This service/offering is really for those:
    1. Who prefers to save from the day one - our retail rate (12c or 16c) is definitely lower than what you can get from most of the retailers on market
    2. Who not sure about the quality and performance of the system. We have been in this business for over 10 years…saddly to say that we have seen too many bad installations and too many poor quality products being used. You can be assured that we will do a good job otherwise if there is any problem or it doens't generate electricy as promised, the lost is ours
    3. Who prefers not to spend a few thundsand bucks up-front. Instead you can use and save (by paying cheaper tariff) a bit every month and then have a system for free after the contract period - better cash flow.

    That said, this offering is not for everybody. If you are sure about the solar system and comfortable enough to deal with solar installers yourself, and you have a few thunsand bucks to spare anyway, I agree that you are better off just to go ahead and have one system for your own. BTW, we are a solar retailer ourselves as well. Contact us anyway and maybe we can offer you good price for a quality system as well :)

    Best regards,
    The Powa Power Team
    [email protected]

    • Steptoe on 20/03/2020 - 17:40

      Thanks for the update. Marked expired for now, as it's unavailable.

      Please repost as it becomes available and. loose ends are tightened.

    • tunzafun001 on 21/03/2020 - 18:39

      I read this as, if your system produces, for example, 20kw/day then you pay 11c per kWh up to 20kw, and you get no value from the feed in if you use below 20kw.

      In this example, how much do you pay if you use 21kw in a day?

      How much is the supply charge?

      • bargaingod123 on 01/04/2020 - 22:16

        You will pay 20*11c + 1kw of your grid price (provided you use all these during the day time while the sun is generating energy.)

        • tunzafun001 on 02/04/2020 - 00:13

          ok,and how would this play out with

          1. the same usage, but you generate 30 kw per day.
          2. As above in 1, but you use 10 kw usage during the day, 10kw at night
          • bargaingod123 on 02/04/2020 - 00:19

            @tunzafun001:

            1. you pay 30*11c, and GET 10kw worth at price of sell back rate from your energy company
            2. pay 30*11c, 10kw at your energy company's night price. GET 20kw worth at price of sell back rate from your energy company
              Assuming your use matchs the generating rate ie. your use wattage doesn't exceed the generation rate.
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