Our place, Siena One, Discovery Bay, Hong Kong |
Plenty of solar opportunity, including making money off installing rooftop solar, because the government pays you to do it |
Our place, Siena One, Discovery Bay. Total 19 Kw |
Our place, Siena One, Discovery Bay |
Photos above courtesy Andrew McDonald of SolarFuture who installed the above for us. Speak to me if you’re thinking of rooftop solar in DB. fu.saisee @ gmail dot com.
By my calculation, investment in rooftop solar returns about 15% IRR, based on guaranteed government Feed in Tariffs.
UPDATE (1/9/22): we’ve had our first cheques and return is running at 25%.
ADDED: getting lots of feedback by Gmail and WhatsApp, on this, for which thanks to all.
By the way -- and completely OT -- I’d be quite happy to have a nuclear power station, like the one at Daya Bay, next door! Say, on Lamma Island to replace the ugly gas-fired station that’s already there.
Result: no new despoiling of the country, but a reduction of carbon emissions to zero. Not that it will ever happen. But it should. By logic. Daya Bay nuclear station is pretty! I’ve visited it, just 30 miles north-east of us. I’ve never forgotten the visit; it was hugely impressive.
Our bureaucrats are too conservative! Too bureaucratic...