Separate thread to the 22% increase. Some electricity issues
First, I will warn consumers re Heat Exchange Hot water systems that are being extensively marketed atm.
I recently got one fitted, at a cost of $5200, I was promised $4200 rebate.
I am now told there is a 6 month wait for my rebate, but far worse than this, I have a number of issues, despite me asking all the relevant questions, the sellers straight out lied to me.
1) Reduced water temperature...I can run a bath with 100% hot water and get straight into it, this is the factory setting, I need to alter the electronic thermostat setting, the max I can increase it is 5 degrees. The suppliers absolutely directly lied to me about this.
2) Reduced water pressure..this cannot be rectified, as a pressure pump cannot be fitted to this system, according to the manafacturer.
3) The electrician advised me that most people have had to switch from OFF-Peak 2 to Continuous Electricity...this will completely NEGATE any saving in electricity. They will not work effectively on Off peak 1. The suppliers lied directly about this. ( I am still on OP2)
4) The sub-contract installers were worse than baboons..they were prepared to turn up and fit a 450kg tank on a tiny plastic base, straight onto the dirt...I rang them several times to ask them to asses my site, they were reluctant, until I told them either inspect or I would not instal.
As a result of this I decided to install 2 concrete slabs, did all levelling and digging myself..they still whinged..I just cant believe that they would turn up and not instal properly leveled slabs
5) I have experience in installations of all sorts of electronic, electrical and mechanical installations, and I still got lied to to.
My relo is a maintenance supervisor at at a major NSW power station.
He advised me that wind power is totally uneconomic. It is very highly subsidised, but the generators themselves are frequently not generating, due to maintenance issues.
They have very complex hydraulic reduction gearboxs. If these require maintenance, which they often do, this can generally only be done by the suppliers specialists, flown in from Germany.
A 100 tonne crane can be required, which needs good weather to 1) Get onsite ( not too wet)...2) Operate on site..ie not too windy
I am also dubious about the energy inputs to build them, vs there effective life.
The quality of non-German wind generators is alleged to be too low for reliable use.
Not enough money has been spent on transmission infrastructure such as transmission lines, towers, pole etc, for many years.
The lead syndicate for a buy out of NSW power is a Chinese power gen co.
There will be more price rises to come.
He advised me nothing comes close to coal, for cost effectivness per MW$, but that Gas turbine mini-generators are the next big thing, as they can be built close to the source of the fuel, and close to where the power is needed. Transmission line loss is a HUGE issue, so generators must be close to were the power is needed in order to be cost competitive.
Had a good chat to him about micro generation such as solar and companies such as CFU, which I hold..told him to buy CFU...up 30% since our conversation, APA is another stock that will benefit, as they have a grip on the gas supply pipelines in NSW