Sunday, April 10, 2011

Going green for cash.

Great news for the home owner as an investment to save on electrical power, but an even better option is to install a small farm on your roof. In Queensland we are allowed to install up to 10 kilowatts per phase, To be entitled to the Grid Feed Tariff) this means that the average house could produce on average 40kW hours a day. This may not seem like a lot but here in Queensland the government are paying a Grid Feed Tariff which is a minimum of 44 cents (some retailers pay up to 52 cents). This means that on a regular basis the little farm would be making you around 20 Dollars day every day of the year.

Solar farms are not subject to external influences as so many other markets are. I can assure you one thing and that is that the sun will come up tomorrow, if it doesn't we are all in a little bit of bother. This fact alone makes Solar farming a very stable and constant investment. If you have had Money invested in the last few years how did it go? With the global financial crisis, and my guess is we are due for another big fall in the stock exchange as they seem to happen every 10 years.

So for an investment of around the $50 000 you can have an income that is very secure and will constantly provide you with an income. This figure of $50 000 is also subsidized in Australia in the way of REC's (Renewable Energy Certificates) this will pay approximately $10 00 dollars towards your farm and therefor making the cost to you around $40 000, which is also tax deductible, and may give you a tax break on your residential property.

This investment is a gold mine, it wont make you filthy rich over night but there is also very little risk.

Solar Power Brisbane