@bigpearOur solar system in Oz was paid for in less than 2.5 years, grid tied and buy back from the supplier, after that we were saving 2.5 to 2.8 thousand bucks a year, Return % you can do the math being an engineer.
Of course, grid tie Is a much smaller investment because it doesn't involve batteries, it is just an arrangement to save power bills and I assume that works out in areas where the power Company agrees to buy your power. Here in Dumaguete it takes at least 6 months toget that approval if your system meets their requirements. But I am not talking about grid tie except to say that if saving money is the objective, that can happen, conditional to the owner company approval.
A laugh from me, you said "spend 20k (php?) replacing batteries after 5 years". Our batteries here are P 750K and factored into the ROI, guaranteed for 8,000 cycles or 10 years, sure they will degrade as will the solar panels warrantied for 25 years and the invertors warrantied for 10 years so even a small investment but carefully curated?
I assume you are using li-ion batteries. li-ion is very expensive but lasts much longer than lead acid. Based on my career experience with li-ion tech, no way will those batteries last 15-30 years. Your batteries will be seriously reduced to about half to 75% initial storage capacity after 5-7 years and shortly thereafter they will die. This means that after 7 years you will not get 15k php each month. When I said 20K I meant US dollars, not pesos. It is possible that with the advance of EV, the tech is cheaper but you keep saying you can produce 15k php worth of electricity per month. For li-ion to store that much electricity everyday I estimate the battery cost to be about 1m php or 20k dollars. Of course my rough $$$ estimates may be wrong; I have been out of engineering for 7 years and I appreciate your telling me if I am out of date with my estimated costs or estimates of battery lifetime.
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