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[VIC/NSW METRO] up to a 6.48kw Tier 1 Solar System + 4.8kwh Battery $10,567 @ Jim's Energy

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[VIC/NSW METRO] up to a 6.48kw Tier 1 Solar System + 4.8kwh Battery $10,567 @ Jim's Energy
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Employeeekoenergy @ Jim's Energy on 29/08/2018 - 20:52 cdn2.hubspot.net (706 clicks)
Last edited 30/08/2018 - 09:41

DISCLAIMER - I do work for Jim's Energy - but in my 4+yrs working in the solar industry I haven't seen a Solar + Battery deal like this hence I'm posting it for VIC & NSW Metro OzBargainers only.

Install up to a 6.48kW quality solar system PLUS 4.8kWh RedBack battery storage system for just $10,567 inc. GST!

Offset Peak Energy during peak times and take control of your energy usage

Monitor & Control with high definition, 1-minute interval monitoring on energy production and consumption

Prevent Blackouts and ensure your home always stays up and running

Scalable with ability to increase your storage capacity in the future and reduce your reliance on the grid

12-Year Panel Warranty with Tier 1 JA Solar panels, ranked #4 globally

AC/DC Compatible

No money up front! Simply pay a $150 refundable deposit to secure your system and finance it within your current electricity spend.

Now with an additional $1000 credit on your electricity bill. More info here - https://bit.ly/2BZ46EM

If you are Victorian resident you can claim up to a further $2,225 rebate once the system is installed from the newly introduced Victorian Solar Homes Program Rebate. More info here - https://blog.jimsenergy.com.au/andrews-victorian-solar-rebat…

For more information about the Redback Battery here - https://redbacktech.com/

Home & Garden Battery Energy Storage Solar Solar Energy System Solar Panel

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closed Comments

  • upsidedownlemon on 29/08/2018 - 20:58
    +1

    'up to'?

    • Employeeekoenergy @ Jim's Energy on 29/08/2018 - 21:06

      Depending on how many solar panels you'd like/can get on your roof. We have installed less than 6.48kW solar system that is then hooked up to a Smart Hybrid Redback Battery system.

  • omguleh on 29/08/2018 - 21:05
    +1

    You left out first 50 customers in the thread title.

    Any deals for a solar panel system only?

    • Employeeekoenergy @ Jim's Energy on 29/08/2018 - 21:09

      Thanks for pointing that out. First 50 Customers was our initial trial run, the response has been so great our supplier (Redback) is happy to continue the offer for now. Yes we do have deals on a solar panel system only. Feel free to private message me or email me on [email protected]

      • omguleh on 29/08/2018 - 21:14
        +1

        cheers, will do.

        also is the deal available with the vic rebate?

        • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 09:50

          Yes, you can claim up to a further $2,225 rebate from the newly introduced Victorian Government Solar Homes Program rebate once the system is installed. The first round of 24,000 Homes money has been alocated and if you meet the eligibility criteria you can claim this. More information on our Blog here - https://blog.jimsenergy.com.au/andrews-victorian-solar-rebat…

  • Stegasaurusnext on 29/08/2018 - 21:14
    +2

    What's the average payback period like these days on a solar + battery combo?

    • mps41 on 29/08/2018 - 23:01
      +2

      The payback period depends on a lot of factors, but if you are just worried about payback then it is usually better to skip the battery and just get solar panels. Solar + Batteries together will still have a positive payback, but that's all to do with the solar panels rather than the battery and the payback on just solar will generally be better.

      But your personal circumstance may vary and there are reasons to get batteries (particularly if you are in a part of the grid with regular blackouts for example). I'd recommend you read https://www.solarquotes.com.au/battery-storage/ and https://www.solarquotes.com.au/blog/solar-battery-myths/ to find out more about batteries if you are interested in getting one.

    • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 09:56

      As @mps41 outlines brilliantly above there is a number of factors that will determine your payback period. We do have a finance option which based on 28c/kWh electricity rate would achieve a 6.8 year payback period.

      If you pay by cash/card/bank transfer the payback period is between 4-6 years. Feel free to check out and get a quote with Jim's Financial Services here - https://info.jimsenergy.com.au/finance-your-solar-system

      • Stegasaurusnext on 30/08/2018 - 21:27

        Cool, thanks. I did think that batteries helped payoff in areas where there's a low tariff so you can use when you're at home (assuming not home all day). Is this a big factor in payoff? (How much power you use during sunlight hours)

        • mps41 on 30/08/2018 - 23:45
          +4

          Generally speaking, the battery will make the payback period longer.

          Let's look at one example with some rough figures. I'll base it on prices in Adelaide since that's what I'm used to using Origin's Solar Boost plan which works out to close enough to 18c/kWh feed in and 36c/kWh for energy consumed. I'll include a modest consumption average of 5kWh during the day and 5kWh during the night and assume that all of that daytime consumption is supplied by the solar panels.

          A 6.6 kWh solar-only system can be had for around $4000 (it might be worth paying more for better components, but we'll use this in our example). In Adelaide this will produce roughly 4kWh per kW of installed panels per day in good conditions (4.2 is quoted, but I'll take a bit off that due to non-optimal alignment, dust, etc - for some people it might be less than that again, particularly if there is shade). That's 9636 kWh per year produced with 1825 kWh consumed (saving $657 per year) and the remainder sent to the grid (generating a credit of $1405 per year). The total return for the year is $2062 and the payback period is just a touch under 2 years.

          The battery being offered in this case is 4.8kWh with 4kWh of that usable when new at the recommended 80% depth of discharge. If it is charged every day and discharged every night (which is pretty close to what will happen) then each day it will save you 4 * 36c = $1.44, but you have to charge the battery and that is power that I would have otherwise been able to sell at 18c. Because of losses it takes more than 4kWh to charge the battery - if it is 92% efficient then it requires 4.35 kWh of electricity to charge it each day which I could have sold that energy for $0.78, so the actual saving per day is $1.44 - $0.78 = $0.66 per day or $240 per year.

          I'll use a cost of $6000 for the battery since that's close to the difference between the cost of this system and a 6.6kWh solar-only system. At that price the payback period for the battery is 25 years!

          The payback period for the solar+battery system overall is $10,567 / ($2062 + $240), which is a very good payback period of 4.6 years, but you'd be much better off without the battery because it won't pay for itself in its lifetime (on these figures) and the solar only payback is around the 2 year mark. That's why you shouldn't put too much in the payback period of a solar+battery system - it is usually the astonishingly good payback period of the solar making the battery look acceptable.

          Now that is just one rough example and isn't the whole story. Batteries have other advantages such as keeping your house running when there is a blackout (but make sure this will be provided by the system you select and whether there are any additional wiring costs if that's an important feature). You might get other income from your energy provider by letting them discharge the battery when wholesale prices are expensive which might help with the cost. The batteries might also help more if you are on a time of use or demand tariff. Prices will change in the future which will also change the equation and your usage might be different. It is a complicated area.

          I'm not saying don't get batteries, but really do your research and understand what you get out of it and whether that is right for you if you are interested and definitely don't assume that there will be a good payback without looking into it closely.

        • Stegasaurusnext on 31/08/2018 - 20:54

          @mps41: wow. Thank you. Incredible reply there, I really appreciate it. Will do my research but never thought a 2 yr payback was possible. I'm in Vic where there is grants and they're about to go up. Thanks!

        • mps41 on 31/08/2018 - 22:34
          +1

          @Stegasaurusnext:

          2 years is realistic for that particular scenario, but in general is a bit optimistic. At $4k for a 6.6kw system you really want to make sure you are getting decent quality components and installation and if you have shading or non North orientation you’ll be looking at less return and that’s with SA power prices which are some of the highest which helps the return. My own system was $9k for 10kw a year ago and is looking like a 4.5 year return with the actual performance over the year. It is a bit lower because of significant shading and being a being a god quality system that cost a bit more than the hyperrhetical one above.

          It doesn’t really matter though. Just about everywhere in Australia it might be 2 years or it might be 5 years but there is simply no question whether putting solar on is a good investment - if you have a suitable roof then it is worhwhile and you should install something if you have the money available.

          With the new VIC sceme the return will go from excellent to amazing so everyone should hop on board that while they can.

        • Stegasaurusnext on 01/09/2018 - 08:07

          @mps41: thanks again. The other thing I think other people may overlook is that it doesn't end once paid off, it continues to be worthwhile.

          North facing, non shaded roof here. Will jump on board when the scheme comes in. Can't wait!

  • Lfc5cups on 29/08/2018 - 21:16
    +1

    "No money up front! Simply pay a $150 refundable deposit to secure your system and finance it within your current electricity spend."
    Can you explain this one a bit further please?

    • omguleh on 29/08/2018 - 21:31

      Sounds like a flexible finance deal where they extend or reduce the duration so the monthly payment is similar to your average monthly electricity spend.

      You can always ask for the terms and see how they stack compared to other financing methods.

    • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 10:03
      +1

      Based on 28c/kWh electricity rate and 6.8 year finance term. In essence, rather than giving the electricity companies your hard earned money, you now have the freedom to put it in your own pocket by investing in a solar + battery system. Bear in mind your electricity provider would still charge you a daily supply charge, typically around $1 a day. So if you use no power from your electricity provider whatsoever for 30 days, they will still charge you $30 for the privilege of being connected to the grid and using their poles and wires.

  • m13 on 29/08/2018 - 21:20
    +4

    So this was offered at this price in July for the first 50 customers, now it is extended…however the government is also now offering a $2,225 additional rebate.

    Is the cost you are stating inclusive of this, or would that then bring the price down to $8,342?

  • vietbargain on 29/08/2018 - 21:20
    +1

    what the normal price for this thingys

  • buzurk on 29/08/2018 - 21:25

    Sent you a PM

    • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 10:15

      Thanks, have replied.

  • omguleh on 29/08/2018 - 21:39

    Any specs on the battery itself? What's the warranty like for the battery?

    • mps41 on 29/08/2018 - 22:54
      +4

      The inverter and battery enclosure seem to be RedBack. According to http://redbacktech.com/wp-content/uploads/2018/04/Datasheet-… the enclosure can take 3.3kwh LG batteries or 2.4kwh Pylon Tech batteries (presumably the US2000B), so since they advertise a 4.8kwh battery capacity it must be 2 x 2.4kwh Pylon Tech batteries, expandable to a total of 9.6kwh by adding an additional two batteries.

      From what I can tell, the battery has a 5 year warranty (the battery enclosure appears to only be one year) and is meant to be operated at a maximum of 80% Depth of Discharge, which means that actual usable capacity when new is 2kwh. I think they warrant that it will retain at least 70% of its original capacity at the 5 year mark, but it is quite hard to tell what exactly the warranty is. They say they that it is designed for >6000 cycles which means it would typically last 10 years, but as I said, that doesn't appear to be backed by an actual warranty. That's certainly a below-average warranty for a battery to have.

      http://batterytestcentre.com.au/wp-content/uploads/2017/07/B… has a report on batteries that they are testing. One of these is the Pylontech and so far the Pylontech seems to be going quite well. It has one of the highest round trip efficiencies at about 93% and isn't showing any noticeable degradation after 500 cycles (about 2 years real-world use). That's only a relatively short test so far (they are still going and will publish updates regularly).

      • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 10:20

        Thanks @mps41 - couldn't have said it better myself!

  • OzB123 on 29/08/2018 - 21:55
    +1

    What would the cost be to double the battery capacity?

    • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 10:22

      I am still waiting on pricing to double the battery capacity. Feel free to email me on [email protected] and I can be in contact once I have the pricing for you.

    • Employeeekoenergy @ Jim's Energy on 31/08/2018 - 17:20

      @OzB123 to add further batteries its $1200 per 2.4kWh battery added up to a maximum of 9.6kWh battery with the Redback.

      • OzB123 on 31/08/2018 - 19:17
        +1

        Thanks for that.
        Will need to create a spreadsheet and do a bit of math.
        Energy Australia have recently thrown a curve ball and will no longer be charging peak hours during Spring and Autumn. It will go to just off peak and shoulder rates.

        • Employeeekoenergy @ Jim's Energy on 31/08/2018 - 20:27

          @OzB123 you are welcome. Did you see the added bonus curveball with Energy Australia's PowerResponse program adding an additional $1000 credit to your bill with a Redback Battery system - Details here - https://bit.ly/2BZ46EM

  • usb4 on 29/08/2018 - 22:11

    Any deal for 6.6KW Jinko panel and 5kw fronious inverter?

    • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 10:25

      We are partnered with JA SOLAR and HANWHA Q-CELLS as our supplier of panels as they are number 4 and number 5 PV Panel supplier globally by volume. Unfortunately, we do not supply & install Jinko Panels. We do supply and install Fronius inverters. Feel free to email me on [email protected] and I can come back to you with a quote.

      • usb4 on 30/08/2018 - 11:38

        emailed. Thanks

  • [Deactivated] on 29/08/2018 - 22:17

    What if you already have panels + FiT? Can you have a parallel circuit off grid? Does this price assume you will get rebates bringing the price down to this one?

    • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 10:31

      If you have an existing solar system not installed by Jim's, we would not touch that. We are happy to install a totally separate system next to your existing system that would work independently. The net effect on your bill is still a reduction. Bear in mind if you are on the higher FiT your FiT would drop to the current rate in your area (VIC is 11c currently with a varying FiT of up to 29c)

      The price above does NOT include the newly introduced Vic Gov Rebate. If you are eligible you can claim up to a further $2,225 back once the system is installed from the Vic Government - More details here - https://blog.jimsenergy.com.au/andrews-victorian-solar-rebat…

      • [Deactivated] on 30/08/2018 - 16:16

        I don't want to lose my high FiT. Can I have this off grid?

  • jarthurs on 30/08/2018 - 07:24

    Do you have a price for battery only install in Melbourne.

    • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 10:32

      I am waiting on pricing on just a battery install in Melbourne from Redback. Feel free to email me on [email protected] and I can contact you once I have that.

  • gdiddy7 on 30/08/2018 - 11:25

    Any sort of rebate for NSW?

    • Employeeekoenergy @ Jim's Energy on 30/08/2018 - 12:35

      Unfortunately no additional rebate in NSW. Just the STC's from the Federal Government which is already factored into the price stated above.

  • Employeeekoenergy @ Jim's Energy on 16/09/2018 - 21:17

    If you haven't already heard the news - the Victorian Governments NEW Solar Homes Rebate Applications have opened TODAY to claim up to $2,225 once your Solar system has been installed.

    To make life easier for you, we have prepared one of the documents you need for the application which is the Solar Provider Statement. Feel free to email me [email protected] and I can send you the document.

    With this you can fill in your details and submit it online to Solar Victoria - Applicant Eligibility Form.

    We suggest you get your Eligibility Application form in as soon as possible to be in with a chance to claim the rebate. As its first in best dressed as we understand it currently.

    PLEASE NOTE - The Applicant Eligibility Form can be submitted BEFORE your Solar System is installed. Then AFTER your system is installed YOU would need to submit the Solar Victoria - Rebate Application Form. Jim's Energy would provide you with all the necessary documentation to claim your rebate after the solar system is installed. Jim's Energy cannot apply for the rebate on your behalf as you have to provide your personal and financial details to Solar Victoria.

    If you would like clarification, feel free to call me on 0416 914 839 or you can call Solar Victoria directly on 1300 363 744 or by going to their website www.solar.vic.gov.au

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