Q&A

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How to split?

In the early days, there was a 5:5 account split method, but due to the tenure and the decreasing electricity price, now there was no profit in the first few years from the 7:3 account split, and there are also accounts that started to be split later. The shorter the term, the smaller the distribution because the cost remains the same.

How long to split?

Generally, it will be December 31, 2033, when the government program ends, unless the government continues the project.

If split, how's the maintenance?

Generally, it will be December 31, 2033, when the government program ends, unless the government continues the project.

Are there any hidden rules behind it?

As long as the customer completes the contract, all the responsibilities will belong to the solar company.

How to calculate the return?

The annual income is about $50,808. Until 2033, the total income is: $50,808 x 10 years = $508,080.

After deducting the cost, the estimated profit is ~ HK$ 500,000. The earlier you apply, the higher the return!

Here is an example of a village house for reference:
A 700-square-foot village house occupies no more than 50% of the rooftop area, resulting in a usable area of 350 square feet.

It can accommodate approximately 20 panels of 435W solar panels.

With a buyback price of $4 per kilowatt-hour (kWh) and an average of 4 hours of sunlight per day, the calculation is as follows:
20 panels x 435W = 8,700W x 4 hours x 365 days = 12,702kWh/year

 

It can generate approximately 12,702 kilowatt-hours of electricity annually, based on the electricity company's commitment to buy back each kWh at$4.

12702kw x $4 = $50,808/ year.

What to do if the property is sold during the contract period?

If the owner sells the building and breaks the contract, the owner has to repurchase it from the solar company according to the terms of the agreement or arrange for the next owner to renew the contract.

How much capacity of a solar system can be installed on the roof?

The roof's installation conditions and the selected modules' conversion efficiency all affect the installable system capacity. Generally speaking, if the roof is flat, a 6.3Kw solar system usually requires an installation area of about 350 square meters. If the roof is inclined and the modular products with higher conversion efficiency are used in the same area, the installed system capacity will be larger.

Will it emit noise and cause electromagnetic wave hazards?

The magnetic field strength generated by the device is equivalent to that of ordinary household appliances such as computers. There is no electromagnetic wave harming the human body during operation.

Price of installing solar energy

Companies charge from HKD 130,000 to 200,000, depending on scale, materials, maintenance, and installation environment.

Cost of removing illegal structures

The cost will be calculated according to the area and complexity.

How long will it take to break-even? How to calculate?

About 4 years on average.

 

Here is an example of a village house for reference:
A 700-square-foot village house occupies no more than 50% of the rooftop area, resulting in a usable area of 350 square feet.
It can accommodate approximately 20 panels of 435W solar panels.

 

With a buyback price of $4 per kilowatt-hour (kWh) and an average of 4 hours of sunlight per day, the calculation is as follows:
20 panels x 435W = 8,700W x 4 hours x 365 days = 12,702kWh/year

 

It can generate approximately 12,702 kilowatt-hours of electricity annually, based on the electricity company's commitment to buy back each kWh at$4.
Therefore , the annual revenue would be 12,702kWh x $4 = $50,808.

 

After deducting the cost and estimated profit, the earlier you apply, the higher the return!

Maintenance?

Hardware maintenance will be determined according to the manufacturer's deadline, and the maintenance will last for 1 year, after which the guests can choose to upgrade the solar energy maintenance service. According to the current technical level, more than 80% of power generation efficiency can be maintained after 25 years. The warranty period of inverter products from DC to AC is about 8 years.

 

There are many companies of the same type in the market, more than half of which are outsourcing/subcontracting companies without their own professional team. They all use different subcontractors to contract with the lowest price from application to completion. The efficiency and safety of solar panels are not guaranteed, so the price is usually lower, not to mention the quality assurance, and there is no way to complain if there are problems!

 

If you are unlucky to meet these companies, don't be discouraged. We will provide services and professional advice for some "unfinished" projects. Welcome to inquire with us.

Which plan is more suitable for village house/commercial building?

There is no specific answer. It depends on the owner’s situation. Each has its benefits.

 

 

 

Payment mode & method
  1. 可一次過付全額
  2. 正常會分4個階段付款
  3. 可自行到銀行辦理分期付款
  4. 太陽農莊代辦大新銀行分期付款

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