An explanation into new Feed in Tariffs

This post is done with the understanding that I am correct in my research.If there are mistakes, please notify me so I can rectify them.

In the last eight years or so, the local government, following our much argued entry into the European Union, has been given grants from the same union to distribute among those who would like to apply for enhanced tariffs and set-up costs in purchasing a Photovoltaic Array… or, as commonly known in Malta, Solar Panels.

fit-explanation

There have been a number of differing contracts and regulations to entice a home-user with a free roof to install these panels. As a discerning man who has a fond eye for saving energy, this was a no-brainer for me.

I would get the grant, and instead of paying ARMS for the electricity, I would pay the same (or lesser) amount to a local bank. At a 0% interest rate, I figured that it was a safe bet. And it was, because in these past years, my bill HAS indeed shrunk down to nearly 0.

However, at that time, the cost of each unit (after the agreed upon grant would expire), was talked about as being 16c5, and in my thoughts, I said ”hmm… from 22c to 16c5, that’s still quite decent”. So, I went and applied for the grant and had superb service from them… (solarsolutions.com.mt)

Sadly, the government has shocked everyone with the recently introduced new ‘marginal tariff’.

And that marginal tariff, is, shockingly… 7c5 per unit.

So let me explain this clearly with an example.

In 2018, my panels generated 4190kw… For that amount, I received a Feed in Tariff rate of 22c per kw.

The maths is easy 4190 x 22c = 92180c, or €921.80

With current pricing, that amount will now be… 4190 x 7c5 = €314.25

For that price, I would never ever have given up so much space from my roof. Of course, one could build a structure and what not, but these all add to the price which would thus take longer to recoup.

So, from now, on IF anybody is going to install PV Panels, do yourselves a favour, and go only for NON SPONSORED units. That way, you can negotiate a 20 year contract. I CERTAINLY did not know that this was an option at the time of signing as I would have made a different decision. 

So, thankfully there is a second option, which, might perhaps make a bit more sense, and this is partial sell. With partial sell, you are using the direct output of the panels in real time, and whatever is left, is sold to the government at the same pitiful 7c5 marginal cost.

I honestly think that whatever decision was taken, 7c5 is too little, as it sincerely makes the whole undertaking pretty much useless. Who does all this work for a pittance of €290 per annum?

Ok, Partial Sell. This means that with PS, those who are at home between ‘sunlight hours’, (not to be confused with daylight hours!) say 10am to 5pm, will be using the self generated energy to power their homes. It is a fair practice in my opinion, as long as someone IS indeed at home. BUT!!! What use could this possibly be to those families in which all members are at work in the morning?

Personally, this will be ok for me since invariably, with everybody except myself being a regular at home at odd hours, our electricity bills tend to be on the high side.

The energy not utilised (in the old way, exported) will be then sold to the government at the lower priced 7c. From the graph below, for my system, I will have to instruct whoever is at home that washing machines, cookers, toasters, dishwashers and anything remotely connected to a plug should be mostly switched on between 10 o’clock-ish up to 5pm… (SO not happening!)

As for the horribly hot nights we endure in Malta, I will have to start paying premium costs once again. It is not even a question that needs to be asked. Most people use the larger majority of their electricity during the night…

panels2And now, my personal opinion. This sucks on so many levels, it is unreal. Instead of the government agreeing that this is a splendid solution for Malta, we go and cripple owners in such a bad way that it makes it all worthless.

At the first sign of a panel going wonky, then one would do well to just chuck everything outside… because going to a landfill would be too expensive.

Hardly any wonder that some local sites are selling panels at knock-down prices.

I think that this should have been thought out in a better way… such as, leave out the ”in real time” , and simply dock the panels generated amount from that used during the day.

So if my panels generate 16 units, and I use 19 units on that day, then I will simply pay for 3 units. Without obliging people to use their appliances at certain times of day. Of course, it would be stupid to think of any government doing anything for the people, so that is probably not going to happen. This is daft.

Because when one considers how much money Malta is still losing out on from the EU, citizens investing in renewable energy should be encouraged… not chopped on the neck. And THIS idiocy is why we remain ‘only in malta’

Let’s see how things proceed.

To book or not to book?

It is that time of year again when the heat starts to make it’s way up the thermometer, pushing the numbers higher and higher. It is that time of year when leaving home for a trip somewhere, after ten or eleven, is considered as madness.

I must admit. I don’t do too well with the heat. Maybe it is because of this AS and RA I suffer with. But most probably it is up to my increasing weight as I grow older and medications take their toll. The fact is I don’t eat that much to justify this growth, but there you have it.

Anyway, back to our subject. The heat. It makes people do crazy decisions. Some take to the beach, fling off their clothes, flash us their hairy chests or cheeky bums, and soak it all in. Others take to cooler countries for a while.

Those, like me, who have neither hairy chests and bums, nor money to burn, take an easier route.

We stay in

side and increase our reading. Now I know that voracious readers do not need the heat to indulge in their fantasies, but it is a dead cert that more books are opened in these months than in winter (or what passes as that season here).

As my friends know, I prefer the Kindle e-reader over printed matter. The reader is light, front-lit, can hold hundreds of books, and of course, for every aging guy with precarious eyesight, re-sizable fonts.

For what use is a dead-tree book for me if I can’t see the words? And Kindle books are, of course cheaper. And on any given day, there are hundreds of free books on Amazon. All for the Kindle of course.

And who doesn’t like free books?

Needless to say, books increase one’s knowledge. And knowledge is power.

Live Long and Prosper! \\//

Image result for kindle paperwhite

Busy Saturday!

Yeah, I know, Sunday today, but I thought I would pause to let some of yesterday’s many surprises sink in.

First of all we had the Amon Amarth tickets booked. My daughter, being an ardent Metal fan like myself, was over the moon, and I have to admit that I have longed to see the band live.

The fact that the show is in Italy, a few minutes away from the airport is a great bonus, as are the Ryanair flights directly to Bologna.

Following that was the excellent news that our dear friend Franco will be joining us for the show.

A meeting was thus necessary and it was to be that we watched the Juventus – Atalanta match together. An easy 3-1 win and a pleasant chat (some chat – 4 hours!), and it reminded me of how we have bonded so much over the years. A true friend indeed.

Another huge shock was seeing Rachel walk up the stairs in a daze, holding a brand new iPhone7 in her hands… Her boyfriend saw fit to buy her a new phone as the old one’s battery was barely holding up.

At night then, I had the, uh.. unexpected pleasure of having to sleep on the sofa with our two cats who were terrified of the lightning and thunder which hit the islands. I slept all crooked and a number of claw marks decorate my arms and chest. Still, they were like hot water bottles, and I love them… so what can I say really?

The wife seems to be coming down with a tummy bug, and has made the bathroom her dominion for the time being. It means no going out on Sunday, but I can take it. I love my TV room, my computers, YouTube in the background on my splendid XBOX ONE … it will provide ample rest and to continue work on my ‘movie project’ for the time being.

Have a great Sunday!

Live Long and Prosper