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kreed
Guest
Mon Aug 15, 2011 12:54 am
On Aug 14, 3:20 pm, "Phil Allison" <phi...@tpg.com.au> wrote:
Quote:
"kreed"
You only get paid for the unused excess you feed back in,
** Nope - the payment is for any and all power fed back.
The total amount is deducted from the bill.
so if you are using all the solar power that is being generated,
** Nearly all do - and a bunch of grid power on top.
you get zero (and pay zero)
** Nonsense.
... Phil
Thats how it is in SE QLD. I will tell you for sure when I get the
first bill.
If you in NSW are getting paid 60+c for ALL solar being generated,
regardless of your usage, you must be laughing all the way to the
bank.
Chas
Guest
Mon Aug 15, 2011 9:47 am
"kreed" <kenreed1999_at_gmail.com> wrote in message
news:c0e9b223-358f-484d-9a59-f8350c6a6864_at_m4g2000pri.googlegroups.com...
On Aug 14, 3:20 pm, "Phil Allison" <phi...@tpg.com.au> wrote:
Quote:
"kreed"
You only get paid for the unused excess you feed back in,
** Nope - the payment is for any and all power fed back.
The total amount is deducted from the bill.
so if you are using all the solar power that is being generated,
** Nearly all do - and a bunch of grid power on top.
you get zero (and pay zero)
** Nonsense.
... Phil
Thats how it is in SE QLD. I will tell you for sure when I get the
first bill.
If you in NSW are getting paid 60+c for ALL solar being generated,
regardless of your usage, you must be laughing all the way to the
bank.
Not really, the ATO regards it as assessable income.
--
Regards,
Chas.
(To email me, replace "xxx" with letters tango papa golf.)
kreed
Guest
Tue Aug 16, 2011 12:34 am
On Aug 15, 7:47 pm, "Chas" <uml...@xxx.com.au> wrote:
Quote:
"kreed" <kenreed1...@gmail.com> wrote in message
news:c0e9b223-358f-484d-9a59-f8350c6a6864_at_m4g2000pri.googlegroups.com...
On Aug 14, 3:20 pm, "Phil Allison" <phi...@tpg.com.au> wrote:
"kreed"
You only get paid for the unused excess you feed back in,
** Nope - the payment is for any and all power fed back.
The total amount is deducted from the bill.
so if you are using all the solar power that is being generated,
** Nearly all do - and a bunch of grid power on top.
you get zero (and pay zero)
** Nonsense.
... Phil
Thats how it is in SE QLD. I will tell you for sure when I get the
first bill.
If you in NSW are getting paid 60+c for ALL solar being generated,
regardless of your usage, you must be laughing all the way to the
bank.
Not really, the ATO regards it as assessable income.
--
Regards,
Chas.
(To email me, replace "xxx" with letters tango papa golf.)
For all my adult life, I don't think that I have ever earned income
that wasn't assessable, so that aspect wouldnt bother me any more than
it does with any other income from wage, repair work, rental income
etc.
I hope Phil is right about QLD paying the feed in tariff for all the
solar generated, if he is, I will cover the roof with solar panels
ASAP. That would probably make the solar system a tax deduction
(probably depreciated over 20 years though).
swanny
Guest
Tue Aug 16, 2011 2:12 am
On 15/08/2011 7:47 PM, Chas wrote:
Quote:
"kreed" <kenreed1999_at_gmail.com> wrote in message
news:c0e9b223-358f-484d-9a59-f8350c6a6864_at_m4g2000pri.googlegroups.com...
On Aug 14, 3:20 pm, "Phil Allison" <phi...@tpg.com.au> wrote:
"kreed"
You only get paid for the unused excess you feed back in,
** Nope - the payment is for any and all power fed back.
The total amount is deducted from the bill.
so if you are using all the solar power that is being generated,
** Nearly all do - and a bunch of grid power on top.
you get zero (and pay zero)
** Nonsense.
... Phil
Thats how it is in SE QLD. I will tell you for sure when I get the
first bill.
If you in NSW are getting paid 60+c for ALL solar being generated,
regardless of your usage, you must be laughing all the way to the
bank.
Not really, the ATO regards it as assessable income.
Then the solar panels become a cost of earning that income and are able
to be written off or depreciated against it?
swanny
Guest
Tue Aug 16, 2011 2:15 am
On 10/08/2011 11:43 AM, Phil Allison wrote:
Quote:
** Hi all,
when a householder decides to "go solar" and get PVs plastered all over
their roof - an electrician installs a converter box so power can be fed
back into the grid on sunny days.
My question is does the relevant energy supplier have to be informed of this
?
Do they keep a record of all home solar installations ?
If for no other reason, so they will not be alarmed by the sudden drop in
consumption as shown on the customer's meter.
..... Phil
How do the solar panel grid-tie inverters behave when the section you
are feeding is isolated from the grid (say during a fault)? Do they feed
the fault current? Do they isolate (for safety reasons) until the grid
is reconnected and the inverter re-synchronised?
Phil Allison
Guest
Tue Aug 16, 2011 2:25 am
"swanny"
Quote:
How do the solar panel grid-tie inverters behave when the section you
are feeding is isolated from the grid (say during a fault)? Do they feed
the fault current? Do they isolate (for safety reasons) until the grid
is reconnected and the inverter re-synchronised?
http://en.wikipedia.org/wiki/Grid-tie_inverter#Typical_operation
..... Phil
kreed
Guest
Tue Aug 16, 2011 5:39 am
On Aug 16, 12:15 pm, swanny <swa...@nospam.net> wrote:
Quote:
On 10/08/2011 11:43 AM, Phil Allison wrote:
** Hi all,
when a householder decides to "go solar" and get PVs plastered all over
their roof - an electrician installs a converter box so power can be fed
back into the grid on sunny days.
My question is does the relevant energy supplier have to be informed of this
?
Do they keep a record of all home solar installations ?
If for no other reason, so they will not be alarmed by the sudden drop in
consumption as shown on the customer's meter.
..... Phil
How do the solar panel grid-tie inverters behave when the section you
are feeding is isolated from the grid (say during a fault)? Do they feed
the fault current? Do they isolate (for safety reasons) until the grid
is reconnected and the inverter re-synchronised?
They must disconnect within 2 seconds. They use elaborate means to
detect whether the grid is "real" or not and act accordingly
Look up "anti islanding"
According to a readers letter in last month's silicon chip, 2 methods
used are for the inverter to try and manipulate the voltage or the
frequency of the mains slightly. This won't be possible with the grid,
but will be with other inverters or small generators.
I would also think that even in the absence of the above, the inverter
would make up its own mains waveform by sampling the waveform of the
incoming mains. If you cut the mains supply at the pole transformer
for a block, and there were a lot of solar inverters on block still on-
line, I would think the inverters (more powerful ones?) would try and
sample each others frequencies, causing them to raipdly "chase" each
other up or down in frequency. Once the frequency was out of range,
they would all be designed to shut off. ?
terryc
Guest
Wed Aug 17, 2011 2:17 am
swanny wrote:
Quote:
Not really, the ATO regards it as assessable income.
Then the solar panels become a cost of earning that income and are able
to be written off or depreciated against it?
Catch 22. if you take the government handouts, then you are not a
business. The high feed in rate is only available to residential
properties. For anything else you have a truck load of paperwork to
plough through and you need to sell your production yourself.
>
terryc
Guest
Wed Aug 17, 2011 2:18 am
swanny wrote:
Quote:
Do they isolate (for safety reasons) until the grid
is reconnected and the inverter re-synchronised?
Yes. All this and more is o the various websites.
Quote:
terryc
Guest
Thu Aug 18, 2011 12:15 am
kreed wrote:
Quote:
On Aug 17, 12:17 pm, terryc <newsninespam-s...@woa.com.au> wrote:
swanny wrote:
Not really, the ATO regards it as assessable income.
Then the solar panels become a cost of earning that income and are able
to be written off or depreciated against it?
Catch 22. if you take the government handouts, then you are not a
business. The high feed in rate is only available to residential
properties. For anything else you have a truck load of paperwork to
plough through and you need to sell your production yourself.
what does that have to do with depreciating an asset that produces
assessable income ?
It is explained above. Had you read the ATO directives(private rulings)?
kreed
Guest
Thu Aug 18, 2011 1:22 am
On Aug 17, 12:17 pm, terryc <newsninespam-s...@woa.com.au> wrote:
Quote:
swanny wrote:
Not really, the ATO regards it as assessable income.
Then the solar panels become a cost of earning that income and are able
to be written off or depreciated against it?
Catch 22. if you take the government handouts, then you are not a
business. The high feed in rate is only available to residential
properties. For anything else you have a truck load of paperwork to
plough through and you need to sell your production yourself.
what does that have to do with depreciating an asset that produces
assessable income ?
kreed
Guest
Thu Aug 18, 2011 4:22 am
On Aug 18, 10:15 am, terryc <newsninespam-s...@woa.com.au> wrote:
Quote:
kreed wrote:
On Aug 17, 12:17 pm, terryc <newsninespam-s...@woa.com.au> wrote:
swanny wrote:
Not really, the ATO regards it as assessable income.
Then the solar panels become a cost of earning that income and are able
to be written off or depreciated against it?
Catch 22. if you take the government handouts, then you are not a
business. The high feed in rate is only available to residential
properties. For anything else you have a truck load of paperwork to
plough through and you need to sell your production yourself.
what does that have to do with depreciating an asset that produces
assessable income ?
It is explained above. Had you read the ATO directives(private rulings)?
No, but I will put it to my accountant at tax time.
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