Return on investment
Real figures on a 1.5Kw and 3 Kw typical install
Some quick numbers on payback time
for two different size PV systems
Payback period for a 3kW Solar PV system 
System Cost $8,500 fully installed (typical current retail price)
Electricity current purchase price based on 20c per KW with an estimated increase of 20% per year
Based on current feed in tariff of 44 cents (QLD)
System produces 15kWh per day based on an average system using REC panels
@ 50% Export , 50% used in house (typical estimate) 
Power savings over 5 years
1st year $1631
2nd year $1730
3rd year $1850
4th year $1993
5th year $2168
Total production after 5 years with an average 50% export= $9372
Payback period for a 1.5kW solar PV system
System Cost $5,000 fully installed
System produces 7kWh per day
@ 50% Export, 50% used in house
Same buy prices of electricity and feed in tariff as the 3KW PV system above
Power savings over 5 years
1st year $ 810
2nd year $ 864
3rd year $ 919
4th year $ 989
5th year $1077
Total production after 5 years at 50% export= $ 4660
6th year = $5839
