Latest / Making Cents / I Spent $89,000 on Solar And Electric Car In NZ… Was It Worth It?

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I Spent $89,000 on Solar And Electric Car In NZ… Was It Worth It? · Making Cents

• 0:00
  I
• 0:00
  spent
• 0:00
  $89,000
• 0:03
  on
• 0:03
  turning
• 0:03
  my
• 0:03
  house
• 0:04
  into
• 0:04
  a
• 0:04
  solar
• 0:05
  powered
• 0:05
  setup,
• 0:06
  which
• 0:06
  sounds,
• 0:07
  I
• 0:07
  will
• 0:08
  admit,
• 0:09
  unhinged
• 0:10
  until
• 0:10
  you
• 0:10
  realize
• 0:11
  I
• 0:11
  treated
• 0:11
  this
• 0:12
  like
• 0:12
  an
• 0:12
  investment.
• 0:13
  Believe
• 0:13
  it
• 0:14
  or
• 0:14
  not,
• 0:14
  it
• 0:15
  was
• 0:15
  a
• 0:15
  cold,
• 0:16
  calculated
• 0:17
  financial
• 0:17
  decision.
• 0:18
  The
• 0:19
  same
• 0:19
  way
• 0:19
  you'd
• 0:19
  think
• 0:19
  about
• 0:20
  buying
• 0:20
  a
• 0:20
  house
• 0:21
  or
• 0:21
  building
• 0:22
  a
• 0:22
  shares
• 0:22
  portfolio.
• 0:23
  This
• 0:24
  was
• 0:24
  about
• 0:24
  spending
• 0:25
  money
• 0:25
  to
• 0:25
  make
• 0:26
  and
• 0:27
  save
• 0:27
  even
• 0:28
  more
• 0:28
  later.
• 0:29
  And
• 0:29
  here's
• 0:29
  the
• 0:29
  thing.
• 0:30
  I
• 0:30
  think
• 0:31
  you
• 0:31
  could
• 0:31
  get
• 0:31
  the
• 0:31
  same
• 0:32
  benefits
• 0:32
  I've
• 0:32
  now
• 0:33
  locked
• 0:33
  in,
• 0:34
  but
• 0:34
  you
• 0:34
  could
• 0:34
  spend
• 0:35
  way
• 0:35
  less.
• 0:36
  I
• 0:36
  actually
• 0:36
  don't
• 0:37
  think
• 0:37
  you
• 0:37
  should
• 0:37
  spend
• 0:38
  what
• 0:38
  I
• 0:38
  did
• 0:39
  to
• 0:39
  get
• 0:39
  solar
• 0:40
  power
• 0:40
  and
• 0:41
  an
• 0:41
  electric
• 0:41
  car
• 0:43
  because
• 0:43
  I
• 0:43
  did
• 0:43
  this
• 0:43
  18
• 0:44
  months
• 0:44
  ago.
• 0:45
  And
• 0:45
  even
• 0:46
  in
• 0:46
  that
• 0:46
  time,
• 0:47
  the
• 0:47
  tech
• 0:48
  has
• 0:48
  improved,
• 0:48
  the
• 0:49
  prices
• 0:49
  have
• 0:49
  shifted,
• 0:50
  and
• 0:50
  I'm
• 0:51
  confident
• 0:51
  that
• 0:51
  you
• 0:51
  could
• 0:52
  learn
• 0:52
  from
• 0:52
  what
• 0:52
  I
• 0:53
  did
• 0:53
  and
• 0:53
  then
• 0:54
  do
• 0:54
  it
• 0:54
  cheaper
• 0:55
  and
• 0:55
  smarter
• 0:56
  for
• 0:57
  your
• 0:57
  situation.
• 0:58
  So
• 0:58
  in
• 0:58
  this
• 0:58
  episode,
• 0:59
  I'm
• 0:59
  opening
• 0:59
  it
• 1:00
  all
• 1:00
  up.
• 1:00
  The
• 1:01
  real
• 1:01
  numbers,
• 1:02
  what
• 1:02
  it
• 1:02
  cost,
• 1:03
  what
• 1:03
  it
• 1:03
  actually
• 1:04
  saves,
• 1:05
  and
• 1:05
  whether
• 1:06
  it
• 1:06
  all
• 1:06
  stacks
• 1:06
  up
• 1:07
  financially.
• 1:08
  Spoiler
• 1:08
  alert.
• 1:09
  This
• 1:09
  setup
• 1:10
  is
• 1:11
  outperforming
• 1:12
  my
• 1:12
  shares
• 1:12
  portfolio.
• 1:14
  So
• 1:14
  if
• 1:14
  you
• 1:14
  do,
• 1:14
  then
• 1:14
  turn
• 1:15
  around
• 1:15
  and
• 1:15
  do
• 1:15
  it
• 1:15
  smarter
• 1:16
  than
• 1:16
  me.
• 1:16
  Well,
• 1:17
  I'm
• 1:17
  hoping
• 1:17
  that
• 1:18
  you
• 1:18
  will
• 1:18
  do
• 1:18
  even
• 1:19
  better
• 1:19
  out
• 1:19
  of
• 1:20
  this.
• 1:20
  So
• 1:20
  welcome
• 1:21
  to
• 1:21
  Making
• 1:21
  Sense.
• 1:21
  It's
• 1:22
  the
• 1:22
  podcast
• 1:22
  people
• 1:23
  who
• 1:23
  want
• 1:23
  financial
• 1:23
  freedom
• 1:24
  without
• 1:24
  giving
• 1:25
  up
• 1:25
  their
• 1:25
  coffee.
• 1:25
  I'm
• 1:26
  Francis
• 1:26
  Cook,
• 1:26
  a
• 1:27
  financial
• 1:27
  journalist
• 1:27
  and
• 1:28
  fellow
• 1:28
  financial
• 1:28
  freedom
• 1:29
  seeker
• 1:29
  who
• 1:29
  makes
• 1:30
  money
• 1:30
  simple
• 1:31
  to
• 1:31
  you.
• 1:32
  Let's
• 1:32
  get
• 1:32
  into
• 1:33
  it.
• 1:33
  So
• 1:33
  why
• 1:33
  are
• 1:34
  we
• 1:34
  talking
• 1:34
  about
• 1:34
  this
• 1:34
  at
• 1:34
  all?
• 1:35
  Well,
• 1:36
  you
• 1:36
  are
• 1:36
  not
• 1:36
  imagining
• 1:37
  it.
• 1:38
  Electricity
• 1:38
  prices
• 1:39
  are
• 1:39
  an
• 1:39
  absolute
• 1:40
  killer.
• 1:41
  I
• 1:41
  did
• 1:41
  some
• 1:42
  quick
• 1:42
  research
• 1:42
  for
• 1:43
  us,
• 1:43
  so
• 1:43
  get
• 1:43
  ready
• 1:44
  for
• 1:44
  your
• 1:44
  jaw
• 1:44
  to
• 1:44
  hit
• 1:44
  the
• 1:44
  floor.
• 1:45
  Stats
• 1:45
  NZ
• 1:46
  tracks
• 1:46
  all
• 1:47
  of
• 1:47
  this
• 1:47
  stuff.
• 1:48
  Electricity
• 1:48
  prices
• 1:49
  jumped
• 1:49
  6.2%
• 1:51
  in
• 1:51
  the
• 1:52
  year
• 1:52
  to
• 1:52
  April
• 1:53
  2025,
• 1:54
  and
• 1:54
  that
• 1:54
  is
• 1:54
  well
• 1:55
  ahead
• 1:55
  of
• 1:56
  general
• 1:56
  inflation,
• 1:56
  which
• 1:57
  was
• 1:57
  already
• 1:58
  not
• 1:58
  going
• 1:58
  great
• 1:59
  for
• 1:59
  us.
• 1:59
  And
• 2:00
  of
• 2:00
  course
• 2:00
  that
• 2:00
  is
• 2:00
  just
• 2:01
  one
• 2:01
  year,
• 2:01
  right?
• 2:01
  But
• 2:01
  it
• 2:02
  is
• 2:02
  not
• 2:02
  a
• 2:02
  one
• 2:03
  off.
• 2:03
  Prices
• 2:04
  went
• 2:04
  up
• 2:04
  4.9%
• 2:05
  in
• 2:06
  2023,
• 2:07
  4.6%
• 2:08
  in
• 2:08
  2024.
• 2:09
  We
• 2:09
  are
• 2:10
  already
• 2:10
  seeing
• 2:10
  these
• 2:11
  steady
• 2:11
  climbs
• 2:12
  for
• 2:12
  a
• 2:12
  core
• 2:13
  bill
• 2:13
  that
• 2:13
  most
• 2:13
  of
• 2:13
  us
• 2:14
  can't
• 2:14
  avoid
• 2:15
  each
• 2:15
  and
• 2:16
  every
• 2:16
  year.
• 2:17
  Well
• 2:18
  beyond
• 2:18
  the
• 2:18
  other
• 2:18
  price
• 2:19
  increases
• 2:20
  in
• 2:20
  other
• 2:20
  areas
• 2:21
  of
• 2:21
  life.
• 2:21
  And
• 2:22
  then
• 2:22
  Consumer
• 2:22
  NZ
• 2:23
  released
• 2:23
  a
• 2:23
  warning
• 2:24
  earlier
• 2:24
  this
• 2:24
  year
• 2:25
  saying
• 2:25
  they
• 2:26
  tracked
• 2:26
  a
• 2:26
  12%
• 2:27
  increase
• 2:28
  in
• 2:28
  power
• 2:28
  prices
• 2:29
  last
• 2:30
  year.
• 2:30
  Their
• 2:30
  conservative
• 2:31
  estimate
• 2:32
  is
• 2:33
  that
• 2:33
  it
• 2:33
  goes
• 2:33
  up
• 2:33
  another
• 2:34
  5%
• 2:35
  this
• 2:36
  year.
• 2:37
  Love
• 2:37
  this
• 2:37
  for
• 2:38
  us.
• 2:39
  Definitely
• 2:39
  not
• 2:40
  at
• 2:40
  all
• 2:40
  depressing.
• 2:41
  What
• 2:42
  is
• 2:42
  going
• 2:43
  on?
• 2:44
  Okay,
• 2:44
  we
• 2:44
  have
• 2:45
  a
• 2:45
  few
• 2:45
  things
• 2:45
  happening
• 2:45
  at
• 2:46
  the
• 2:46
  same
• 2:46
  time.
• 2:46
  There's
• 2:46
  more
• 2:47
  than
• 2:47
  one
• 2:47
  factor
• 2:47
  in
• 2:47
  the
• 2:48
  mix.
• 2:48
  First
• 2:49
  up,
• 2:49
  a
• 2:50
  lot
• 2:50
  of
• 2:50
  New
• 2:50
  Zealand's
• 2:51
  electricity
• 2:51
  network
• 2:52
  was
• 2:52
  built
• 2:52
  in
• 2:52
  the
• 2:53
  1960s
• 2:53
  and
• 2:54
  70s
• 2:54
  and
• 2:55
  desperately
• 2:56
  needs
• 2:56
  Replacing.
• 2:57
  So
• 2:57
  we
• 2:58
  have
• 2:58
  this
• 2:58
  old
• 2:58
  creaky
• 2:59
  network.
• 3:00
  Also,
• 3:00
  one
• 3:01
  of
• 3:01
  the
• 3:01
  costs
• 3:01
  in
• 3:02
  your
• 3:02
  power
• 3:02
  bill
• 3:03
  is
• 3:03
  the
• 3:03
  cost
• 3:04
  of
• 3:04
  the
• 3:04
  power
• 3:04
  lines
• 3:05
  themselves.
• 3:06
  Last
• 3:06
  year
• 3:07
  the
• 3:07
  Commerce
• 3:07
  Commission
• 3:08
  said
• 3:08
  lions
• 3:09
  companies
• 3:09
  were
• 3:09
  allowed
• 3:10
  to
• 3:10
  charge
• 3:10
  us
• 3:10
  more
• 3:11
  in
• 3:11
  order
• 3:11
  to
• 3:12
  maintain
• 3:12
  that
• 3:13
  creaky
• 3:13
  old
• 3:13
  system,
• 3:14
  which
• 3:14
  in
• 3:15
  some
• 3:15
  ways
• 3:15
  I
• 3:16
  get
• 3:16
  it,
• 3:16
  but
• 3:17
  can
• 3:18
  we
• 3:18
  get
• 3:18
  a
• 3:18
  break
• 3:19
  here
• 3:19
  please
• 3:19
  guys?
• 3:20
  So
• 3:21
  that's
• 3:21
  adding
• 3:21
  an
• 3:21
  average
• 3:22
  of
• 3:22
  $10
• 3:22
  a
• 3:22
  month
• 3:23
  to
• 3:23
  household
• 3:23
  bills.
• 3:24
  Now
• 3:25
  there
• 3:25
  are
• 3:25
  more
• 3:25
  increases
• 3:26
  coming
• 3:26
  on
• 3:26
  that
• 3:27
  front
• 3:27
  through
• 3:27
  to
• 3:28
  2030.
• 3:29
  On
• 3:29
  top
• 3:29
  of
• 3:29
  that,
• 3:30
  natural
• 3:30
  gas
• 3:30
  supply
• 3:31
  in
• 3:31
  New
• 3:31
  Zealand
• 3:31
  has
• 3:32
  been
• 3:32
  declining.
• 3:32
  That
• 3:33
  push
• 3:33
  pushes
• 3:33
  up
• 3:33
  electricity
• 3:34
  prices
• 3:35
  whenever
• 3:35
  the
• 3:35
  hydro
• 3:36
  lakes
• 3:36
  are
• 3:36
  running
• 3:37
  low.
• 3:37
  And
• 3:37
  they
• 3:37
  have
• 3:38
  been
• 3:39
  running
• 3:39
  low.
• 3:39
  So
• 3:40
  look,
• 3:40
  I'm
• 3:41
  sure
• 3:41
  there
• 3:41
  are
• 3:41
  some
• 3:41
  electricity
• 3:42
  nerds
• 3:42
  out
• 3:42
  there
• 3:43
  saying
• 3:43
  it's
• 3:43
  more
• 3:43
  complicated
• 3:44
  than
• 3:44
  that.
• 3:45
  It
• 3:45
  always
• 3:45
  is.
• 3:46
  But
• 3:46
  those
• 3:47
  are
• 3:47
  some
• 3:47
  of
• 3:47
  the
• 3:47
  big
• 3:48
  factors.
• 3:48
  There
• 3:48
  will
• 3:49
  be
• 3:49
  more,
• 3:49
  but
• 3:50
  basically
• 3:51
  it
• 3:51
  sure
• 3:51
  is
• 3:51
  expensive.
• 3:52
  It
• 3:52
  is
• 3:53
  getting
• 3:53
  wildly
• 3:54
  more
• 3:54
  expensive
• 3:54
  every
• 3:55
  day.
• 3:55
  You
• 3:56
  are
• 3:56
  not
• 3:56
  imagining
• 3:57
  it.
• 3:57
  This
• 3:57
  does
• 3:58
  indeed
• 3:59
  suck.
• 4:00
  I
• 4:00
  went
• 4:00
  to
• 4:00
  Canstar
• 4:01
  to
• 4:01
  get
• 4:01
  some
• 4:01
  figures
• 4:02
  on
• 4:02
  how
• 4:02
  much
• 4:02
  we're
• 4:03
  all
• 4:03
  paying
• 4:03
  and
• 4:03
  in
• 4:03
  2025
• 4:04
  the
• 4:05
  average
• 4:05
  New
• 4:06
  Zealand
• 4:06
  household
• 4:07
  now
• 4:07
  pays
• 4:08
  around
• 4:08
  34
• 4:09
  cents
• 4:09
  per
• 4:09
  kilowatt
• 4:10
  hour
• 4:10
  for
• 4:11
  electricity.
• 4:12
  That
• 4:12
  means
• 4:13
  we're
• 4:13
  spending
• 4:13
  about
• 4:13
  $200
• 4:14
  a
• 4:15
  month
• 4:15
  on
• 4:15
  power
• 4:16
  on
• 4:16
  average.
• 4:16
  And
• 4:17
  plenty
• 4:18
  of
• 4:18
  households
• 4:19
  are
• 4:19
  paying
• 4:19
  a
• 4:19
  lot
• 4:20
  more
• 4:20
  than
• 4:20
  that.
• 4:21
  I
• 4:21
  was
• 4:21
  one
• 4:21
  of
• 4:22
  those.
• 4:22
  More
• 4:22
  on
• 4:23
  that
• 4:23
  soon.
• 4:24
  You're
• 4:24
  probably
• 4:24
  going
• 4:25
  to
• 4:25
  yell
• 4:25
  at
• 4:25
  me
• 4:25
  over
• 4:26
  how
• 4:26
  much
• 4:26
  I
• 4:26
  was
• 4:26
  spending
• 4:27
  on
• 4:27
  power,
• 4:27
  but
• 4:28
  oh
• 4:28
  well,
• 4:28
  such
• 4:29
  is
• 4:29
  life.
• 4:29
  Now
• 4:30
  look,
• 4:30
  I'm
• 4:31
  laying
• 4:31
  all
• 4:31
  of
• 4:31
  this
• 4:32
  out
• 4:32
  not
• 4:33
  because
• 4:33
  I
• 4:33
  want
• 4:33
  to
• 4:34
  smack
• 4:34
  you
• 4:34
  with
• 4:34
  the
• 4:35
  bad
• 4:35
  news
• 4:35
  stick
• 4:36
  and
• 4:36
  make
• 4:36
  you
• 4:36
  feel
• 4:37
  utterly
• 4:38
  depressed,
• 4:38
  more
• 4:39
  because
• 4:39
  I
• 4:39
  think
• 4:39
  it's
• 4:40
  really
• 4:40
  important
• 4:41
  that
• 4:41
  we
• 4:41
  get
• 4:41
  the
• 4:42
  lay
• 4:42
  of
• 4:42
  the
• 4:42
  land
• 4:42
  here.
• 4:43
  The
• 4:43
  direction
• 4:44
  of
• 4:44
  travel
• 4:45
  for
• 4:45
  power
• 4:45
  prices
• 4:46
  is
• 4:46
  clearly
• 4:47
  upwards
• 4:48
  and
• 4:48
  that
• 4:49
  is
• 4:49
  the
• 4:49
  reason
• 4:49
  that
• 4:50
  getting
• 4:50
  strategic
• 4:51
  about
• 4:51
  your
• 4:51
  power
• 4:51
  usage
• 4:52
  has
• 4:52
  gone
• 4:52
  from
• 4:52
  a
• 4:52
  nice
• 4:53
  to
• 4:53
  have
• 4:53
  to
• 4:54
  to
• 4:54
  genuinely
• 4:55
  smart
• 4:56
  financial
• 4:57
  planning.
• 4:57
  Solar
• 4:59
  is
• 4:59
  it
• 4:59
  for
• 4:59
  you?
• 5:00
  It
• 5:00
  was
• 5:01
  for
• 5:01
  me.
• 5:01
  But
• 5:01
  let's
• 5:02
  start
• 5:02
  out
• 5:02
  wider
• 5:03
  in
• 5:03
  general
• 5:03
  and
• 5:03
  then
• 5:04
  narrow
• 5:04
  in
• 5:04
  on
• 5:04
  my
• 5:05
  decision
• 5:05
  to
• 5:05
  spend
• 5:05
  an
• 5:06
  obscene
• 5:07
  amount
• 5:07
  of
• 5:07
  money
• 5:08
  and
• 5:08
  call
• 5:08
  it
• 5:08
  smart
• 5:09
  money
• 5:09
  management.
• 5:10
  Look,
• 5:10
  it
• 5:10
  seems
• 5:10
  that
• 5:10
  I
• 5:11
  am
• 5:11
  not
• 5:11
  alone
• 5:11
  in
• 5:11
  my
• 5:12
  decision
• 5:12
  to
• 5:12
  go
• 5:12
  for
• 5:12
  this.
• 5:13
  The
• 5:13
  number
• 5:13
  of
• 5:14
  home
• 5:14
  solar
• 5:15
  systems
• 5:15
  in
• 5:16
  New
• 5:16
  Zealand
• 5:16
  has
• 5:17
  more
• 5:17
  than
• 5:17
  doubled
• 5:18
  in
• 5:18
  just
• 5:19
  three
• 5:19
  and
• 5:19
  a
• 5:19
  half
• 5:19
  years.
• 5:20
  So
• 5:20
  it
• 5:20
  was
• 5:20
  around
• 5:21
  31,000
• 5:22
  systems
• 5:22
  in
• 5:22
  2021.
• 5:24
  It's
• 5:24
  over
• 5:24
  62,000
• 5:26
  by
• 5:26
  mid
• 5:26
  2024
• 5:27
  and
• 5:28
  it's
• 5:28
  probably
• 5:29
  far
• 5:29
  more
• 5:29
  than
• 5:29
  that
• 5:30
  by
• 5:30
  now.
• 5:31
  Those
• 5:32
  are
• 5:32
  just
• 5:32
  the
• 5:32
  most
• 5:32
  up
• 5:32
  to
• 5:33
  date
• 5:33
  numbers
• 5:33
  I
• 5:33
  could
• 5:33
  get
• 5:34
  you.
• 5:34
  Anecdotally,
• 5:35
  I've
• 5:35
  been
• 5:36
  hearing
• 5:36
  that
• 5:36
  just
• 5:36
  in
• 5:37
  the
• 5:37
  last
• 5:37
  few
• 5:37
  months
• 5:38
  and
• 5:38
  particularly
• 5:39
  as
• 5:40
  we've
• 5:40
  Seen
• 5:40
  oil
• 5:41
  prices
• 5:41
  shooting
• 5:42
  up
• 5:42
  thanks
• 5:42
  to
• 5:42
  the
• 5:42
  latest
• 5:43
  energy
• 5:43
  crisis.
• 5:44
  Solar
• 5:45
  providers
• 5:45
  have
• 5:45
  been
• 5:46
  overwhelmed
• 5:47
  by
• 5:47
  requests.
• 5:47
  I
• 5:48
  would
• 5:48
  love
• 5:48
  to
• 5:48
  see
• 5:48
  those
• 5:49
  numbers
• 5:49
  once
• 5:49
  we
• 5:50
  have
• 5:50
  some
• 5:50
  official
• 5:50
  stats
• 5:51
  through
• 5:51
  here.
• 5:51
  But
• 5:52
  before
• 5:52
  the
• 5:52
  latest
• 5:53
  panic,
• 5:53
  why
• 5:54
  were
• 5:54
  we
• 5:55
  already
• 5:56
  seeing
• 5:56
  those
• 5:56
  numbers
• 5:57
  going
• 5:57
  up?
• 5:58
  And
• 5:58
  it's
• 5:58
  probably
• 5:58
  because
• 5:59
  it's
• 6:00
  getting
• 6:00
  so
• 6:00
  much
• 6:00
  better
• 6:01
  and
• 6:01
  cheaper
• 6:02
  to
• 6:02
  put
• 6:03
  in
• 6:03
  Solar.
• 6:03
  You
• 6:03
  are
• 6:04
  getting
• 6:04
  more
• 6:04
  back,
• 6:05
  but
• 6:05
  spending
• 6:06
  less
• 6:07
  every
• 6:08
  single
• 6:08
  year.
• 6:08
  So
• 6:09
  back
• 6:09
  in
• 6:09
  2009,
• 6:10
  the
• 6:11
  average
• 6:11
  home
• 6:12
  solar
• 6:12
  system
• 6:13
  cost
• 6:13
  about
• 6:13
  $40,000,
• 6:15
  and
• 6:15
  that
• 6:15
  was
• 6:15
  for
• 6:15
  a
• 6:16
  basic
• 6:16
  3
• 6:17
  kilowatt
• 6:17
  setup.
• 6:18
  Now,
• 6:18
  by
• 6:18
  2024,
• 6:19
  that's
• 6:20
  just
• 6:20
  15
• 6:20
  years
• 6:21
  later,
• 6:22
  the
• 6:22
  average
• 6:23
  residential
• 6:23
  system
• 6:24
  had
• 6:25
  grown
• 6:25
  to
• 6:25
  more
• 6:25
  than
• 6:25
  double
• 6:26
  a
• 6:26
  maximum
• 6:27
  output
• 6:27
  of
• 6:27
  7kW.
• 6:29
  Meanwhile,
• 6:29
  the
• 6:29
  average
• 6:30
  cost
• 6:30
  of
• 6:30
  that
• 6:31
  fallen
• 6:31
  to
• 6:32
  around
• 6:32
  16,500.
• 6:34
  So
• 6:35
  cost
• 6:36
  more
• 6:36
  than
• 6:36
  halved,
• 6:38
  Electricity
• 6:39
  coming
• 6:39
  out
• 6:40
  more
• 6:40
  than
• 6:40
  doubled.
• 6:41
  Overall,
• 6:42
  you're
• 6:42
  getting
• 6:42
  back
• 6:43
  four
• 6:43
  times
• 6:44
  as
• 6:44
  much
• 6:44
  bang
• 6:44
  for
• 6:45
  your
• 6:45
  buck.
• 6:45
  Yay
• 6:46
  maths
• 6:46
  and
• 6:46
  yay
• 6:47
  technology.
• 6:48
  The
• 6:48
  technology
• 6:49
  is
• 6:49
  getting
• 6:49
  better
• 6:49
  and
• 6:50
  cheaper
• 6:50
  at
• 6:51
  the
• 6:51
  same
• 6:51
  time,
• 6:51
  which
• 6:52
  is
• 6:52
  not
• 6:53
  something
• 6:53
  you
• 6:54
  can
• 6:54
  say
• 6:54
  about
• 6:54
  very
• 6:55
  many
• 6:55
  things
• 6:55
  these
• 6:56
  days.
• 6:56
  Let's
• 6:57
  take
• 6:57
  the
• 6:57
  wins
• 6:58
  where
• 6:58
  we
• 6:58
  can
• 6:58
  get
• 6:59
  them,
• 6:59
  folks.
• 7:00
  All
• 7:00
  of
• 7:00
  this
• 7:01
  was
• 7:01
  top
• 7:01
  of
• 7:02
  mind
• 7:02
  about
• 7:02
  18
• 7:03
  months
• 7:03
  ago
• 7:04
  when
• 7:04
  we
• 7:04
  decided
• 7:05
  time
• 7:06
  to
• 7:06
  go
• 7:06
  all
• 7:06
  in.
• 7:07
  Now,
• 7:07
  we'd
• 7:08
  talked
• 7:08
  a
• 7:08
  bit
• 7:08
  about
• 7:08
  solar
• 7:09
  before
• 7:09
  in
• 7:09
  our
• 7:09
  household,
• 7:10
  but
• 7:11
  it
• 7:11
  felt
• 7:11
  like
• 7:12
  the
• 7:12
  case
• 7:12
  for
• 7:12
  it
• 7:13
  was
• 7:13
  building
• 7:13
  up.
• 7:14
  Bills
• 7:14
  were
• 7:14
  getting
• 7:15
  more
• 7:15
  expensive,
• 7:16
  solar
• 7:17
  technology
• 7:17
  was
• 7:17
  getting
• 7:17
  better,
• 7:18
  electric
• 7:19
  vehicles
• 7:19
  were
• 7:19
  getting
• 7:20
  better.
• 7:20
  It
• 7:20
  was
• 7:21
  just
• 7:21
  all
• 7:22
  round
• 7:22
  tipping
• 7:23
  more
• 7:23
  and
• 7:23
  more
• 7:24
  towards
• 7:24
  the
• 7:24
  numbers
• 7:25
  making
• 7:26
  sense.
• 7:27
  So
• 7:27
  sat
• 7:28
  down
• 7:28
  with
• 7:28
  my
• 7:28
  husband,
• 7:29
  did
• 7:29
  the
• 7:29
  thing
• 7:29
  I
• 7:30
  truly
• 7:31
  hate
• 7:32
  most
• 7:32
  in
• 7:32
  the
• 7:32
  world,
• 7:33
  and
• 7:33
  looked
• 7:34
  at
• 7:34
  a
• 7:34
  spreadsheet
• 7:35
  gross.
• 7:36
  Longtime
• 7:37
  listeners
• 7:37
  of
• 7:37
  the
• 7:37
  podcast
• 7:38
  will
• 7:38
  know.
• 7:39
  Not
• 7:39
  my
• 7:39
  happy
• 7:40
  place,
• 7:41
  but
• 7:42
  we
• 7:42
  looked
• 7:42
  at
• 7:42
  our
• 7:43
  power
• 7:43
  usage,
• 7:44
  we
• 7:44
  looked
• 7:44
  at
• 7:44
  what
• 7:45
  various
• 7:45
  systems
• 7:46
  out
• 7:46
  there
• 7:46
  were
• 7:46
  promising,
• 7:47
  and
• 7:48
  we
• 7:48
  decided
• 7:48
  it
• 7:48
  was
• 7:49
  time
• 7:49
  to
• 7:49
  get
• 7:49
  actual
• 7:50
  quotes
• 7:50
  and
• 7:51
  estimates
• 7:52
  from
• 7:52
  professionals.
• 7:53
  The
• 7:54
  whole
• 7:54
  idea
• 7:54
  being
• 7:55
  invest
• 7:56
  in
• 7:56
  this
• 7:56
  once,
• 7:57
  save
• 7:58
  ourselves
• 7:59
  a
• 7:59
  lifetime
• 7:59
  of
• 8:00
  energy
• 8:00
  costs.
• 8:01
  One
• 8:02
  big
• 8:02
  upfront
• 8:03
  payment
• 8:04
  that
• 8:04
  stops
• 8:05
  us
• 8:05
  paying
• 8:06
  those
• 8:06
  many
• 8:06
  smaller
• 8:07
  payments
• 8:07
  that
• 8:08
  actually
• 8:08
  add
• 8:08
  up
• 8:09
  to
• 8:09
  more
• 8:10
  over
• 8:10
  a
• 8:10
  longer
• 8:11
  period
• 8:11
  of
• 8:11
  time.
• 8:13
  So
• 8:13
  how
• 8:14
  did
• 8:14
  I
• 8:14
  end
• 8:14
  up
• 8:14
  spending
• 8:15
  quite
• 8:16
  so
• 8:16
  much
• 8:16
  money?
• 8:17
  Right,
• 8:18
  nerds,
• 8:18
  enjoy.
• 8:19
  Here's
• 8:19
  exactly
• 8:20
  what
• 8:20
  we
• 8:20
  did
• 8:21
  for
• 8:21
  the
• 8:21
  house
• 8:22
  and
• 8:22
  the
• 8:22
  solar
• 8:23
  system
• 8:23
  itself.
• 8:25
  Solar
• 8:25
  panels
• 8:25
  with
• 8:26
  a
• 8:26
  3
• 8:26
  phase
• 8:27
  10
• 8:28
  kilowatt
• 8:28
  inverter,
• 8:29
  a
• 8:29
  10
• 8:30
  kilowatt
• 8:30
  battery
• 8:31
  to
• 8:31
  store
• 8:31
  the
• 8:31
  power,
• 8:32
  a
• 8:32
  fast
• 8:33
  charger
• 8:33
  for
• 8:34
  the
• 8:34
  car,
• 8:35
  a
• 8:35
  Bluetooth
• 8:36
  hot
• 8:36
  water
• 8:36
  timer
• 8:37
  so
• 8:37
  I
• 8:37
  could
• 8:38
  control
• 8:38
  when
• 8:38
  the
• 8:38
  hot
• 8:38
  water
• 8:39
  cylinder
• 8:39
  heats
• 8:39
  up
• 8:40
  and
• 8:40
  make
• 8:40
  sure
• 8:40
  it
• 8:40
  was
• 8:41
  running
• 8:41
  off
• 8:41
  that
• 8:41
  solar
• 8:42
  during
• 8:42
  the
• 8:42
  day.
• 8:43
  Total
• 8:44
  cost
• 8:45
  for
• 8:45
  that
• 8:45
  home
• 8:46
  solar
• 8:47
  system,
• 8:48
  $34,000.
• 8:51
  At
• 8:51
  the
• 8:51
  same
• 8:51
  time,
• 8:52
  because
• 8:52
  we
• 8:52
  wanted
• 8:52
  to
• 8:53
  make
• 8:53
  the
• 8:53
  most
• 8:53
  of
• 8:53
  this
• 8:53
  system,
• 8:54
  we
• 8:54
  also
• 8:54
  got
• 8:54
  an
• 8:55
  electric
• 8:55
  vehicle
• 8:56
  and
• 8:56
  on
• 8:56
  that
• 8:56
  we
• 8:57
  spent
• 8:58
  a
• 8:58
  truly
• 8:59
  eye
• 8:59
  watering
• 9:00
  $55,000.
• 9:02
  You
• 9:02
  do
• 9:03
  not
• 9:03
  have
• 9:03
  to
• 9:03
  spend
• 9:03
  that
• 9:03
  much.
• 9:04
  You
• 9:04
  can
• 9:04
  get
• 9:05
  such
• 9:05
  good
• 9:05
  stuff
• 9:06
  for
• 9:06
  a
• 9:06
  lot
• 9:06
  cheaper
• 9:06
  than
• 9:07
  that.
• 9:07
  We
• 9:08
  wanted
• 9:08
  for
• 9:08
  it
• 9:09
  to
• 9:09
  have
• 9:09
  a
• 9:09
  decent
• 9:10
  range.
• 9:11
  For
• 9:11
  this
• 9:12
  one,
• 9:12
  I
• 9:12
  could
• 9:13
  drive
• 9:13
  it
• 9:13
  from
• 9:13
  my
• 9:13
  home
• 9:14
  in
• 9:14
  Te
• 9:14
  Amuto
• 9:15
  to
• 9:15
  Auckland
• 9:16
  and
• 9:17
  back
• 9:17
  and
• 9:18
  then
• 9:18
  make
• 9:18
  that
• 9:18
  round
• 9:18
  trip
• 9:19
  a
• 9:19
  second
• 9:20
  time
• 9:20
  before
• 9:21
  running
• 9:21
  out
• 9:21
  of
• 9:22
  battery.
• 9:23
  That
• 9:23
  range
• 9:24
  and
• 9:24
  battery
• 9:24
  life
• 9:25
  is
• 9:25
  a
• 9:25
  big
• 9:25
  factor
• 9:26
  in
• 9:26
  the
• 9:26
  cost
• 9:27
  of
• 9:27
  an
• 9:27
  electric
• 9:27
  car.
• 9:28
  If
• 9:28
  you
• 9:29
  don't
• 9:29
  need
• 9:29
  it
• 9:29
  to
• 9:29
  go
• 9:30
  far,
• 9:30
  you've
• 9:30
  got
• 9:30
  so
• 9:31
  many
• 9:31
  cheaper
• 9:31
  options.
• 9:32
  I'm
• 9:33
  on
• 9:33
  the
• 9:33
  road
• 9:33
  quite
• 9:33
  a
• 9:33
  bit
• 9:33
  for
• 9:34
  work,
• 9:34
  so
• 9:34
  yeah,
• 9:35
  I
• 9:35
  wanted
• 9:35
  that.
• 9:36
  It's
• 9:36
  also
• 9:37
  big
• 9:37
  enough
• 9:37
  to
• 9:37
  be
• 9:37
  the
• 9:37
  main
• 9:38
  family
• 9:38
  car,
• 9:39
  so
• 9:39
  we
• 9:40
  spent
• 9:40
  quite
• 9:41
  a
• 9:41
  bit
• 9:41
  on
• 9:41
  that
• 9:42
  car.
• 9:42
  It
• 9:42
  could
• 9:42
  have
• 9:43
  been
• 9:43
  less.
• 9:43
  More
• 9:44
  on
• 9:44
  that
• 9:44
  later.
• 9:44
  I'm
• 9:44
  coming
• 9:45
  back
• 9:45
  to
• 9:45
  it.
• 9:46
  So,
• 9:46
  altogether,
• 9:48
  $89,000.
• 9:51
  Like
• 9:51
  I
• 9:51
  say,
• 9:52
  that
• 9:52
  is
• 9:52
  so
• 9:52
  much
• 9:52
  money.
• 9:53
  I
• 9:53
  think
• 9:54
  you
• 9:54
  could
• 9:54
  do
• 9:54
  it
• 9:54
  cheaper.
• 9:55
  But
• 9:56
  before
• 9:56
  we
• 9:56
  get
• 9:57
  into
• 9:57
  that,
• 9:57
  how
• 9:58
  do
• 9:58
  we
• 9:58
  pay
• 9:58
  for
• 9:58
  that
• 9:58
  at
• 9:59
  all?
• 9:59
  As
• 9:59
  always,
• 10:00
  this
• 10:00
  is
• 10:00
  not
• 10:00
  financial
• 10:01
  advice,
• 10:01
  but
• 10:02
  I
• 10:02
  think
• 10:02
  a
• 10:02
  key
• 10:02
  part
• 10:03
  of
• 10:03
  our
• 10:03
  decision
• 10:04
  was
• 10:04
  that
• 10:05
  it
• 10:05
  was
• 10:05
  financed
• 10:06
  by
• 10:06
  what
• 10:06
  is
• 10:06
  known
• 10:06
  as
• 10:07
  a
• 10:07
  green
• 10:07
  loan
• 10:08
  from
• 10:08
  our
• 10:09
  bank
• 10:09
  at
• 10:10
  1%
• 10:11
  interest
• 10:12
  and
• 10:12
  some
• 10:12
  banks
• 10:13
  will
• 10:13
  do
• 10:13
  them
• 10:13
  for
• 10:13
  0%.
• 10:15
  Being
• 10:15
  able
• 10:15
  to
• 10:15
  create
• 10:16
  this
• 10:16
  investment
• 10:17
  in
• 10:17
  our
• 10:17
  future
• 10:18
  using
• 10:19
  borrowed
• 10:19
  money
• 10:20
  that
• 10:20
  cost
• 10:21
  us
• 10:21
  almost
• 10:21
  nothing,
• 10:22
  that
• 10:22
  entirely
• 10:24
  changes
• 10:25
  the
• 10:25
  investment
• 10:25
  maths.
• 10:27
  Now,
• 10:27
  most
• 10:27
  of
• 10:28
  the
• 10:28
  major
• 10:28
  New
• 10:28
  Zealand
• 10:29
  banks
• 10:29
  have
• 10:30
  these
• 10:30
  green
• 10:30
  loans
• 10:31
  as
• 10:31
  part
• 10:31
  of
• 10:32
  your
• 10:32
  mortgage
• 10:32
  for
• 10:33
  solar
• 10:33
  and
• 10:34
  battery
• 10:34
  installations.
• 10:36
  And
• 10:36
  some
• 10:36
  of
• 10:36
  them
• 10:36
  will
• 10:37
  also
• 10:37
  do
• 10:37
  the
• 10:37
  lending
• 10:37
  for
• 10:38
  an
• 10:38
  electric
• 10:38
  vehicle
• 10:38
  too.
• 10:39
  That
• 10:40
  just
• 10:40
  makes
• 10:40
  it
• 10:40
  so
• 10:41
  much
• 10:41
  more
• 10:41
  achievable.
• 10:42
  You
• 10:43
  just
• 10:43
  need
• 10:43
  to
• 10:43
  make
• 10:43
  sure
• 10:44
  you're
• 10:44
  committed
• 10:44
  to
• 10:44
  paying
• 10:44
  it
• 10:45
  off
• 10:45
  within
• 10:45
  the
• 10:46
  time
• 10:46
  limit
• 10:46
  on
• 10:46
  that
• 10:47
  low
• 10:47
  interest
• 10:47
  rate.
• 10:48
  It's
• 10:48
  often
• 10:49
  a
• 10:49
  shorter
• 10:50
  loan
• 10:50
  term,
• 10:51
  somewhere
• 10:51
  between
• 10:52
  three
• 10:52
  and
• 10:52
  five
• 10:52
  years.
• 10:53
  You
• 10:54
  can
• 10:54
  absolutely
• 10:55
  make
• 10:55
  that
• 10:55
  work.
• 10:56
  Now,
• 10:56
  a
• 10:56
  side
• 10:56
  note
• 10:57
  here
• 10:57
  on
• 10:58
  how
• 10:58
  we
• 10:58
  actually
• 10:58
  did
• 10:59
  it
• 10:59
  as
• 10:59
  well.
• 10:59
  We
• 10:59
  got
• 11:00
  four
• 11:00
  quotes
• 11:01
  from
• 11:02
  different
• 11:02
  providers.
• 11:03
  We
• 11:03
  got
• 11:03
  them
• 11:04
  to
• 11:04
  do
• 11:04
  things
• 11:04
  like
• 11:05
  look
• 11:05
  at
• 11:05
  our
• 11:05
  property,
• 11:06
  check
• 11:07
  out
• 11:07
  the
• 11:07
  amount
• 11:07
  of
• 11:07
  sun
• 11:08
  and
• 11:08
  shade
• 11:08
  we
• 11:09
  got,
• 11:09
  look
• 11:09
  at
• 11:10
  our
• 11:10
  current
• 11:10
  electricity
• 11:11
  usage,
• 11:12
  provide
• 11:12
  estimates
• 11:13
  of
• 11:13
  how
• 11:13
  much
• 11:13
  we
• 11:14
  would
• 11:14
  generate
• 11:14
  and,
• 11:15
  and
• 11:15
  what
• 11:15
  that
• 11:15
  would
• 11:15
  mean
• 11:16
  for
• 11:16
  our
• 11:16
  power
• 11:16
  bill.
• 11:17
  We
• 11:17
  made
• 11:18
  them
• 11:18
  do
• 11:18
  the
• 11:19
  hard
• 11:19
  bits
• 11:19
  and
• 11:19
  then
• 11:20
  compared
• 11:21
  what
• 11:21
  they'd
• 11:21
  given
• 11:21
  us.
• 11:23
  If
• 11:23
  someone
• 11:23
  can't
• 11:24
  give
• 11:24
  you
• 11:25
  specific
• 11:26
  answers,
• 11:27
  keep
• 11:27
  looking.
• 11:28
  There
• 11:28
  are
• 11:28
  quite
• 11:28
  a
• 11:29
  few
• 11:29
  companies
• 11:29
  doing
• 11:29
  this
• 11:30
  these
• 11:30
  days.
• 11:30
  They
• 11:30
  should
• 11:31
  make
• 11:31
  it
• 11:31
  easy
• 11:32
  for
• 11:32
  you
• 11:32
  to
• 11:32
  give
• 11:33
  them
• 11:33
  a
• 11:33
  bunch
• 11:33
  of
• 11:34
  money.
• 11:35
  We
• 11:35
  talked
• 11:35
  to
• 11:35
  big
• 11:35
  companies
• 11:36
  and
• 11:36
  then
• 11:37
  some
• 11:37
  smaller
• 11:38
  local
• 11:38
  providers.
• 11:39
  Look,
• 11:39
  your
• 11:40
  experience
• 11:40
  may
• 11:40
  vary
• 11:41
  here,
• 11:41
  but
• 11:42
  I
• 11:42
  found
• 11:42
  the
• 11:43
  smaller
• 11:44
  local
• 11:44
  providers
• 11:45
  were
• 11:45
  super
• 11:45
  onto
• 11:46
  it,
• 11:46
  willing
• 11:47
  to
• 11:47
  customize
• 11:47
  it
• 11:48
  so
• 11:48
  we
• 11:48
  got
• 11:48
  the
• 11:48
  absolute
• 11:49
  maximum
• 11:50
  out
• 11:50
  of
• 11:50
  the
• 11:50
  system
• 11:51
  and
• 11:52
  really
• 11:52
  smart
• 11:53
  and
• 11:53
  helpful
• 11:54
  about
• 11:54
  teaching
• 11:55
  us
• 11:55
  the
• 11:55
  system
• 11:56
  so
• 11:56
  we
• 11:56
  could
• 11:57
  then
• 11:57
  run
• 11:57
  our
• 11:57
  house
• 11:58
  really
• 11:58
  well
• 11:58
  on
• 11:59
  it.
• 11:59
  So
• 12:00
  don't
• 12:00
  overlook
• 12:01
  the
• 12:01
  little
• 12:02
  guys.
• 12:03
  And
• 12:03
  speaking
• 12:03
  of
• 12:04
  how
• 12:04
  you
• 12:04
  pick
• 12:04
  a
• 12:04
  company,
• 12:05
  look,
• 12:06
  this
• 12:06
  next
• 12:06
  bit
• 12:07
  is
• 12:07
  a
• 12:07
  personal
• 12:07
  opinion,
• 12:08
  but
• 12:08
  it's
• 12:09
  a
• 12:09
  strongly
• 12:09
  held
• 12:10
  one.
• 12:11
  There
• 12:11
  is
• 12:11
  a
• 12:11
  business
• 12:11
  model
• 12:12
  out
• 12:12
  there
• 12:13
  where
• 12:13
  it's
• 12:14
  like
• 12:14
  a
• 12:14
  rental
• 12:15
  model
• 12:15
  where
• 12:16
  the
• 12:16
  company
• 12:16
  installs
• 12:17
  panels
• 12:17
  on
• 12:18
  your
• 12:18
  roof
• 12:19
  essentially
• 12:19
  for
• 12:20
  free,
• 12:20
  but
• 12:21
  you
• 12:21
  then
• 12:21
  pay
• 12:22
  them
• 12:23
  for
• 12:23
  the
• 12:23
  power
• 12:24
  the
• 12:24
  panels
• 12:24
  generate
• 12:25
  and
• 12:25
  it's
• 12:25
  on
• 12:26
  a
• 12:26
  really
• 12:26
  long
• 12:27
  term
• 12:27
  contract.
• 12:28
  Now
• 12:28
  it
• 12:29
  can
• 12:29
  sound
• 12:29
  good
• 12:29
  on
• 12:30
  the
• 12:30
  surface.
• 12:30
  You
• 12:30
  get
• 12:31
  free
• 12:31
  panels,
• 12:31
  it's
• 12:32
  a
• 12:32
  lower
• 12:32
  overall
• 12:33
  power
• 12:33
  bill.
• 12:34
  Yay,
• 12:35
  right?
• 12:35
  But
• 12:36
  there
• 12:36
  have
• 12:36
  been
• 12:36
  some
• 12:37
  really
• 12:37
  bad
• 12:37
  situations
• 12:38
  come
• 12:38
  out
• 12:38
  of
• 12:38
  this
• 12:39
  idea.
• 12:40
  Some
• 12:40
  made
• 12:40
  the
• 12:40
  news
• 12:41
  when
• 12:41
  particular
• 12:41
  companies
• 12:42
  folded
• 12:43
  and
• 12:43
  then
• 12:43
  there
• 12:43
  was
• 12:44
  legal
• 12:44
  difficulties
• 12:45
  about
• 12:45
  who
• 12:45
  owned
• 12:46
  the
• 12:46
  panels.
• 12:47
  Can
• 12:47
  you
• 12:47
  sell
• 12:48
  your
• 12:48
  house
• 12:49
  and
• 12:49
  transfer
• 12:50
  the
• 12:50
  solar
• 12:50
  contract
• 12:51
  to
• 12:51
  someone
• 12:51
  new?
• 12:53
  You
• 12:53
  don't
• 12:53
  own
• 12:54
  the
• 12:54
  panels
• 12:55
  and
• 12:55
  the
• 12:55
  benefit
• 12:56
  of
• 12:56
  them
• 12:56
  and
• 12:56
  then
• 12:56
  you're
• 12:57
  locked
• 12:57
  into
• 12:57
  this
• 12:58
  20
• 12:58
  year
• 12:59
  rental
• 12:59
  contract.
• 13:00
  It's
• 13:00
  just
• 13:01
  dicey
• 13:02
  and
• 13:02
  complicated
• 13:03
  and
• 13:03
  not
• 13:04
  good.
• 13:04
  I
• 13:04
  personally
• 13:05
  would
• 13:06
  not
• 13:06
  touch
• 13:07
  one
• 13:07
  of
• 13:07
  those
• 13:07
  schemes
• 13:07
  with
• 13:08
  a
• 13:08
  barge
• 13:08
  pole.
• 13:09
  If
• 13:09
  that
• 13:09
  is
• 13:10
  something
• 13:10
  you
• 13:10
  are
• 13:10
  looking
• 13:11
  at,
• 13:12
  be
• 13:13
  extremely
• 13:13
  cautious.
• 13:14
  I
• 13:14
  don't
• 13:14
  rate
• 13:15
  the
• 13:15
  idea
• 13:16
  buying
• 13:16
  it
• 13:16
  yourself.
• 13:17
  Using
• 13:18
  a
• 13:18
  green
• 13:18
  loan
• 13:19
  to
• 13:19
  do
• 13:19
  it
• 13:20
  makes
• 13:20
  so
• 13:21
  much
• 13:21
  more
• 13:21
  sense
• 13:21
  to
• 13:21
  me.
• 13:22
  So
• 13:23
  was
• 13:23
  it
• 13:24
  worth
• 13:24
  it?
• 13:25
  Well,
• 13:25
  we
• 13:25
  are
• 13:25
  fairly
• 13:26
  heavy
• 13:26
  power
• 13:27
  users
• 13:27
  in
• 13:27
  general.
• 13:28
  This
• 13:28
  bit
• 13:28
  makes
• 13:28
  me
• 13:29
  squeamish
• 13:29
  to
• 13:29
  share.
• 13:30
  Actually
• 13:30
  this
• 13:30
  whole
• 13:31
  episode
• 13:32
  makes
• 13:32
  me
• 13:32
  squeamish
• 13:32
  to
• 13:33
  share
• 13:33
  because
• 13:33
  I
• 13:34
  just
• 13:34
  know
• 13:34
  people
• 13:34
  are
• 13:34
  going
• 13:35
  to
• 13:35
  judge
• 13:36
  for
• 13:36
  spending
• 13:36
  too
• 13:36
  much
• 13:37
  or
• 13:37
  not
• 13:37
  doing
• 13:37
  it
• 13:38
  right
• 13:38
  or
• 13:38
  whatever
• 13:38
  and
• 13:39
  sure,
• 13:39
  probably.
• 13:40
  But
• 13:41
  I
• 13:41
  am
• 13:41
  a
• 13:42
  believer
• 13:42
  that
• 13:42
  if
• 13:42
  you're
• 13:43
  in,
• 13:43
  you're
• 13:43
  all
• 13:44
  in.
• 13:44
  So
• 13:44
  here
• 13:45
  we
• 13:45
  go,
• 13:45
  sharing
• 13:46
  everything.
• 13:47
  My
• 13:47
  power
• 13:48
  usage
• 13:48
  from
• 13:49
  a
• 13:49
  person
• 13:49
  who
• 13:49
  is
• 13:49
  not
• 13:50
  as
• 13:50
  frugal
• 13:50
  as
• 13:51
  people
• 13:51
  seem
• 13:51
  to
• 13:51
  expect
• 13:52
  me
• 13:52
  to
• 13:52
  be.
• 13:53
  So
• 13:53
  I
• 13:53
  looked
• 13:54
  it
• 13:54
  up
• 13:55
  and
• 13:55
  our
• 13:56
  average
• 13:57
  household
• 13:57
  power
• 13:58
  usage
• 13:59
  is
• 13:59
  a
• 13:59
  bit
• 13:59
  over
• 14:00
  double
• 14:01
  the
• 14:01
  average
• 14:02
  New
• 14:02
  Zealand
• 14:02
  households
• 14:03
  usage.
• 14:04
  So
• 14:04
  we
• 14:04
  do
• 14:04
  have
• 14:05
  two
• 14:05
  adults
• 14:06
  who
• 14:06
  work
• 14:06
  from
• 14:07
  home,
• 14:07
  we
• 14:07
  have
• 14:07
  two
• 14:08
  kids,
• 14:08
  we
• 14:08
  have
• 14:08
  an
• 14:08
  electric
• 14:09
  vehicle.
• 14:09
  So
• 14:10
  it's
• 14:10
  kind
• 14:11
  of
• 14:11
  our
• 14:11
  petrol
• 14:12
  bill
• 14:12
  as
• 14:12
  well.
• 14:13
  But
• 14:13
  pre
• 14:13
  solar
• 14:14
  our
• 14:14
  power
• 14:15
  bill
• 14:15
  was
• 14:15
  roughly
• 14:16
  $400
• 14:17
  a
• 14:17
  month
• 14:18
  on
• 14:18
  average.
• 14:18
  That
• 14:19
  is
• 14:19
  $4,800
• 14:21
  a
• 14:21
  year
• 14:22
  and
• 14:22
  that
• 14:22
  is
• 14:23
  before
• 14:24
  the
• 14:24
  2025
• 14:25
  power
• 14:26
  price
• 14:26
  increases.
• 14:26
  It's
• 14:27
  a
• 14:27
  lot,
• 14:28
  I
• 14:28
  know
• 14:28
  that
• 14:29
  now
• 14:30
  a
• 14:30
  year
• 14:30
  later
• 14:31
  and
• 14:31
  this
• 14:31
  includes
• 14:32
  charging
• 14:32
  the
• 14:32
  car
• 14:32
  at
• 14:32
  home
• 14:33
  our
• 14:34
  bills
• 14:34
  are
• 14:35
  negative
• 14:35
  in
• 14:36
  summer
• 14:36
  as
• 14:36
  in
• 14:37
  the
• 14:37
  power
• 14:37
  company
• 14:37
  is
• 14:38
  paying
• 14:39
  us
• 14:40
  and
• 14:40
  in
• 14:40
  the
• 14:40
  winter
• 14:41
  we're
• 14:41
  sitting
• 14:42
  at
• 14:42
  around
• 14:42
  200amonth.
• 14:44
  This
• 14:44
  is
• 14:44
  not
• 14:45
  because
• 14:45
  we
• 14:45
  have
• 14:45
  reduced
• 14:45
  our
• 14:46
  power
• 14:46
  usage
• 14:47
  at
• 14:47
  all
• 14:47
  in
• 14:47
  fact,
• 14:47
  it
• 14:48
  is
• 14:48
  worse
• 14:48
  than
• 14:48
  ever.
• 14:49
  Honestly,
• 14:50
  I
• 14:50
  thrash
• 14:50
  the
• 14:51
  power
• 14:51
  so
• 14:51
  much
• 14:52
  more
• 14:52
  now
• 14:52
  because,
• 14:53
  because
• 14:53
  it
• 14:53
  is
• 14:53
  free
• 14:54
  and
• 14:54
  this
• 14:55
  feels
• 14:56
  so
• 14:57
  luxurious.
• 14:58
  During
• 14:59
  the
• 14:59
  day
• 14:59
  I've
• 14:59
  got
• 14:59
  the
• 14:59
  kids
• 15:00
  clothes
• 15:00
  going
• 15:00
  through
• 15:01
  on
• 15:01
  a
• 15:01
  hot
• 15:01
  wash
• 15:01
  because
• 15:02
  they
• 15:02
  are
• 15:02
  grubs
• 15:03
  and
• 15:03
  I
• 15:03
  need
• 15:03
  to
• 15:04
  blast
• 15:04
  that
• 15:04
  bacteria
• 15:05
  with
• 15:05
  everything
• 15:06
  I
• 15:06
  can.
• 15:06
  And
• 15:07
  then
• 15:07
  I'm
• 15:07
  biffing
• 15:08
  their
• 15:08
  stuff
• 15:08
  straight
• 15:09
  into
• 15:09
  the
• 15:09
  dryer
• 15:10
  because
• 15:10
  there
• 15:10
  is
• 15:11
  so
• 15:12
  much
• 15:12
  of
• 15:12
  it
• 15:13
  and
• 15:13
  I
• 15:13
  need
• 15:13
  to
• 15:13
  get
• 15:14
  through
• 15:14
  it
• 15:14
  fast.
• 15:15
  And
• 15:16
  I'm
• 15:16
  also
• 15:16
  using
• 15:16
  the
• 15:16
  aircon
• 15:17
  or
• 15:17
  the
• 15:18
  heater
• 15:19
  whenever
• 15:19
  I
• 15:19
  want.
• 15:20
  I
• 15:20
  don't
• 15:20
  care.
• 15:21
  To
• 15:21
  just
• 15:22
  use
• 15:22
  power
• 15:24
  and
• 15:24
  not
• 15:24
  care
• 15:25
  is
• 15:26
  something
• 15:26
  that
• 15:26
  creates
• 15:26
  this
• 15:27
  little
• 15:27
  mental
• 15:28
  luxury
• 15:29
  in
• 15:29
  my
• 15:29
  life
• 15:29
  that
• 15:29
  just
• 15:30
  feels
• 15:30
  so
• 15:30
  good,
• 15:31
  you
• 15:31
  guys.
• 15:32
  The
• 15:32
  cost
• 15:32
  savings
• 15:33
  are
• 15:33
  great,
• 15:34
  but
• 15:34
  also
• 15:34
  mentally
• 15:35
  knowing
• 15:36
  that
• 15:36
  I
• 15:36
  don't
• 15:37
  have
• 15:37
  to
• 15:37
  worry
• 15:38
  about
• 15:38
  that
• 15:38
  cost
• 15:39
  is
• 15:41
  amazing.
• 15:42
  One
• 15:42
  time
• 15:43
  the
• 15:43
  jeans
• 15:43
  I
• 15:43
  wanted
• 15:43
  to
• 15:44
  wear
• 15:44
  that
• 15:44
  day
• 15:44
  weren't
• 15:45
  quite
• 15:45
  dry,
• 15:45
  so
• 15:46
  so
• 15:46
  I
• 15:46
  biffed
• 15:46
  them
• 15:47
  in
• 15:47
  the
• 15:47
  dryer
• 15:48
  all
• 15:48
  by
• 15:48
  themselves
• 15:49
  while
• 15:49
  we
• 15:49
  were
• 15:49
  having
• 15:49
  breakfast.
• 15:50
  And
• 15:50
  then
• 15:50
  I
• 15:51
  got
• 15:51
  to
• 15:51
  put
• 15:51
  on
• 15:51
  warm
• 15:51
  jeans,
• 15:52
  which
• 15:52
  also
• 15:53
  feels
• 15:53
  great,
• 15:54
  but
• 15:54
  it
• 15:54
  was
• 15:55
  so
• 15:55
  wasteful
• 15:57
  and
• 15:57
  it
• 15:57
  didn't
• 15:59
  matter.
• 16:00
  And
• 16:01
  then,
• 16:01
  you
• 16:01
  know,
• 16:01
  there
• 16:01
  was
• 16:01
  another
• 16:02
  situation
• 16:03
  which
• 16:03
  maybe
• 16:03
  this
• 16:04
  is
• 16:04
  a
• 16:04
  little
• 16:04
  specific
• 16:05
  to
• 16:05
  me,
• 16:05
  but
• 16:05
  I
• 16:06
  just
• 16:06
  don't
• 16:06
  worry
• 16:06
  about
• 16:07
  power
• 16:07
  cuts
• 16:07
  anymore.
• 16:08
  If
• 16:09
  it's
• 16:09
  in
• 16:09
  the
• 16:09
  day,
• 16:10
  we
• 16:10
  have
• 16:10
  the
• 16:10
  solar
• 16:11
  already,
• 16:11
  but
• 16:12
  even
• 16:12
  if
• 16:12
  it's
• 16:12
  at
• 16:12
  night,
• 16:13
  we've
• 16:13
  got
• 16:13
  the
• 16:14
  battery.
• 16:14
  One
• 16:15
  time
• 16:15
  I
• 16:15
  was
• 16:15
  about
• 16:15
  to
• 16:16
  do
• 16:16
  a
• 16:16
  webinar.
• 16:16
  You
• 16:17
  guys
• 16:17
  know
• 16:17
  I
• 16:17
  do
• 16:18
  live
• 16:18
  webinars
• 16:19
  roughly
• 16:20
  once
• 16:20
  a
• 16:20
  month.
• 16:21
  This
• 16:21
  one
• 16:21
  was
• 16:22
  a
• 16:22
  topic
• 16:22
  that
• 16:22
  clearly
• 16:23
  a
• 16:23
  lot
• 16:23
  of
• 16:23
  people
• 16:23
  were
• 16:23
  interested
• 16:24
  in.
• 16:24
  There
• 16:24
  was
• 16:24
  about
• 16:24
  2,000
• 16:25
  people
• 16:25
  signed
• 16:26
  up,
• 16:26
  ready
• 16:27
  to
• 16:27
  go,
• 16:27
  and
• 16:27
  then
• 16:28
  suddenly
• 16:28
  20
• 16:28
  minutes
• 16:29
  before
• 16:29
  going
• 16:30
  live
• 16:31
  power
• 16:31
  cut.
• 16:33
  Can
• 16:33
  you
• 16:33
  imagine
• 16:33
  disappointing
• 16:34
  2,000
• 16:35
  people
• 16:35
  at
• 16:35
  once
• 16:36
  can't
• 16:36
  be
• 16:36
  having
• 16:37
  that.
• 16:37
  But
• 16:37
  we
• 16:37
  had
• 16:37
  solar.
• 16:39
  So
• 16:39
  the
• 16:39
  wi
• 16:39
  fi
• 16:39
  kept
• 16:40
  going,
• 16:40
  the
• 16:41
  camera
• 16:41
  kept
• 16:41
  going,
• 16:42
  my
• 16:42
  lights
• 16:43
  in
• 16:43
  the
• 16:43
  home
• 16:43
  studio
• 16:44
  were
• 16:44
  still
• 16:44
  going
• 16:44
  and
• 16:45
  it
• 16:45
  was
• 16:45
  totally
• 16:45
  fine.
• 16:46
  And
• 16:46
  my
• 16:46
  lord,
• 16:46
  the
• 16:47
  relief.
• 16:48
  And
• 16:48
  okay,
• 16:48
  most
• 16:49
  people
• 16:49
  probably
• 16:50
  aren't
• 16:50
  running
• 16:50
  live
• 16:51
  webinars,
• 16:51
  but
• 16:52
  power
• 16:52
  cuts
• 16:52
  are
• 16:52
  annoying
• 16:53
  no
• 16:53
  matter
• 16:53
  what
• 16:54
  and
• 16:54
  it
• 16:54
  just
• 16:55
  stops
• 16:56
  being
• 16:56
  a
• 16:57
  problem.
• 16:58
  Now
• 16:58
  us
• 16:59
  being
• 16:59
  home
• 16:59
  during
• 16:59
  the
• 17:00
  day
• 17:00
  is
• 17:00
  also
• 17:00
  part
• 17:01
  of
• 17:01
  how
• 17:01
  the
• 17:01
  maths
• 17:02
  works.
• 17:03
  Going
• 17:03
  to
• 17:03
  get
• 17:03
  more
• 17:03
  into
• 17:03
  that
• 17:04
  soon.
• 17:04
  But
• 17:05
  beyond
• 17:06
  that
• 17:06
  mental
• 17:07
  luxury
• 17:08
  and
• 17:08
  the
• 17:09
  immediate
• 17:10
  power
• 17:10
  price
• 17:11
  relief,
• 17:12
  how
• 17:12
  did
• 17:12
  the
• 17:12
  maths
• 17:13
  of
• 17:13
  it
• 17:13
  actually
• 17:14
  work
• 17:15
  for
• 17:15
  us?
• 17:17
  Pretty
• 17:18
  well.
• 17:19
  In
• 17:19
  fact
• 17:20
  better
• 17:20
  than
• 17:21
  the
• 17:21
  share
• 17:21
  market.
• 17:22
  So
• 17:22
  I
• 17:22
  think
• 17:22
  one
• 17:23
  key
• 17:23
  thing
• 17:23
  to
• 17:24
  whether
• 17:24
  solar
• 17:24
  is
• 17:24
  a
• 17:24
  good
• 17:25
  call
• 17:25
  or
• 17:25
  not
• 17:25
  is
• 17:25
  that
• 17:26
  it
• 17:26
  needs
• 17:26
  to
• 17:26
  be
• 17:26
  a
• 17:27
  long
• 17:27
  term
• 17:27
  decision.
• 17:28
  Unfortunately,
• 17:30
  solar
• 17:30
  investment
• 17:31
  doesn't
• 17:31
  really
• 17:31
  seem
• 17:32
  to
• 17:32
  add
• 17:32
  to
• 17:32
  the
• 17:32
  value
• 17:32
  of
• 17:33
  your
• 17:33
  house.
• 17:33
  If
• 17:34
  you
• 17:34
  sell,
• 17:34
  you
• 17:35
  don't
• 17:35
  necessarily
• 17:36
  get
• 17:36
  more
• 17:37
  because
• 17:37
  you've
• 17:37
  got
• 17:37
  solar
• 17:38
  panels.
• 17:39
  So
• 17:39
  it's
• 17:39
  about
• 17:40
  substantially
• 17:41
  reducing
• 17:41
  your
• 17:42
  costs
• 17:42
  and
• 17:43
  then
• 17:43
  sticking
• 17:43
  around
• 17:44
  long
• 17:44
  enough
• 17:44
  that
• 17:45
  you
• 17:45
  have
• 17:45
  these
• 17:45
  reduced
• 17:46
  costs
• 17:46
  for
• 17:47
  a
• 17:47
  long
• 17:47
  time.
• 17:48
  It
• 17:48
  pays
• 17:49
  off
• 17:49
  that
• 17:50
  initial
• 17:50
  investment,
• 17:51
  and
• 17:51
  then
• 17:51
  you're
• 17:52
  eventually
• 17:53
  making
• 17:53
  money
• 17:54
  by
• 17:54
  saving
• 17:55
  money.
• 17:56
  Now,
• 17:56
  my
• 17:57
  rough
• 17:57
  calculations
• 17:58
  put
• 17:59
  the
• 17:59
  return
• 17:59
  on
• 18:00
  investment
• 18:00
  for
• 18:00
  us
• 18:01
  at
• 18:01
  15.6%
• 18:04
  with
• 18:04
  a
• 18:05
  payback
• 18:05
  period
• 18:05
  of
• 18:06
  around
• 18:06
  six
• 18:07
  and
• 18:07
  a
• 18:07
  half
• 18:07
  years.
• 18:09
  That's
• 18:09
  because
• 18:09
  it
• 18:10
  saves
• 18:10
  us
• 18:10
  over
• 18:10
  $4,000
• 18:11
  a
• 18:12
  year.
• 18:12
  We
• 18:12
  are
• 18:13
  also
• 18:13
  able
• 18:13
  to
• 18:13
  sell
• 18:14
  some
• 18:14
  power
• 18:14
  back
• 18:14
  to
• 18:14
  the
• 18:15
  grid,
• 18:15
  so
• 18:16
  it
• 18:16
  makes
• 18:16
  us
• 18:16
  a
• 18:16
  little
• 18:17
  money.
• 18:17
  So
• 18:18
  total
• 18:18
  benefit
• 18:19
  divided
• 18:19
  by
• 18:19
  total
• 18:20
  cost,
• 18:20
  that
• 18:20
  gives
• 18:21
  return
• 18:21
  on
• 18:21
  investment
• 18:22
  percentage.
• 18:23
  It's
• 18:23
  also
• 18:24
  tax
• 18:24
  free
• 18:25
  because
• 18:25
  we've
• 18:26
  saved
• 18:26
  money,
• 18:27
  not
• 18:28
  really
• 18:28
  earned
• 18:28
  any.
• 18:29
  So
• 18:29
  saving
• 18:29
  yourself
• 18:30
  rich
• 18:31
  really
• 18:31
  works
• 18:32
  nicely
• 18:32
  there.
• 18:33
  Now,
• 18:33
  maybe
• 18:34
  you
• 18:34
  think
• 18:34
  six
• 18:34
  years
• 18:35
  is
• 18:35
  a
• 18:35
  long
• 18:35
  time,
• 18:35
  but
• 18:36
  the
• 18:36
  panels
• 18:37
  last
• 18:38
  around
• 18:38
  25
• 18:39
  years.
• 18:39
  So
• 18:39
  that's
• 18:40
  a
• 18:40
  couple
• 18:40
  of
• 18:40
  decades
• 18:41
  of
• 18:41
  free
• 18:42
  power
• 18:43
  after
• 18:43
  we
• 18:43
  get
• 18:44
  through
• 18:44
  that
• 18:44
  payback
• 18:45
  period.
• 18:45
  And
• 18:45
  honestly,
• 18:46
  I
• 18:47
  think
• 18:47
  it'll
• 18:47
  be
• 18:47
  shorter
• 18:48
  than
• 18:48
  that
• 18:49
  because
• 18:49
  I've
• 18:49
  calculated
• 18:50
  it
• 18:50
  based
• 18:50
  on
• 18:51
  today's
• 18:51
  power
• 18:52
  prices,
• 18:52
  and
• 18:52
  we've
• 18:53
  already
• 18:53
  talked
• 18:53
  about
• 18:53
  how
• 18:54
  they're
• 18:54
  getting
• 18:54
  higher
• 18:55
  every
• 18:55
  day.
• 18:56
  So
• 18:56
  it
• 18:56
  could
• 18:57
  actually
• 18:57
  be
• 18:58
  much
• 18:58
  less
• 18:58
  time
• 18:58
  than
• 18:59
  that,
• 18:59
  because
• 18:59
  every
• 19:00
  power
• 19:01
  price
• 19:01
  increase
• 19:02
  means
• 19:02
  your
• 19:03
  solar
• 19:03
  savings
• 19:04
  are
• 19:04
  worth
• 19:05
  even
• 19:05
  more.
• 19:06
  Now,
• 19:06
  before
• 19:06
  you
• 19:07
  start
• 19:07
  thinking
• 19:07
  I'm
• 19:07
  a
• 19:07
  solar
• 19:08
  salesperson,
• 19:09
  I
• 19:10
  want
• 19:10
  to
• 19:10
  talk
• 19:10
  about
• 19:10
  something
• 19:11
  that
• 19:11
  gets
• 19:11
  really
• 19:11
  overhyped
• 19:13
  and
• 19:13
  is
• 19:13
  just,
• 19:14
  frankly,
• 19:15
  not
• 19:15
  true.
• 19:16
  Solar
• 19:17
  is
• 19:18
  amazing
• 19:19
  for
• 19:20
  saving
• 19:20
  you
• 19:20
  a
• 19:21
  cost.
• 19:22
  I
• 19:22
  don't
• 19:23
  think
• 19:23
  it's
• 19:23
  amazing
• 19:24
  for
• 19:24
  actually
• 19:26
  making
• 19:26
  you
• 19:26
  money.
• 19:27
  Can
• 19:27
  you
• 19:28
  save
• 19:28
  yourself
• 19:28
  rich?
• 19:29
  Absolutely.
• 19:30
  But
• 19:30
  I
• 19:31
  don't
• 19:31
  think
• 19:31
  you
• 19:31
  should
• 19:31
  bank
• 19:32
  on
• 19:32
  this,
• 19:32
  bringing
• 19:33
  in
• 19:34
  a
• 19:34
  good
• 19:34
  amount
• 19:34
  of
• 19:35
  actual
• 19:35
  dollars,
• 19:36
  because
• 19:37
  this
• 19:37
  is
• 19:37
  something
• 19:37
  people
• 19:38
  ask
• 19:38
  me
• 19:38
  about
• 19:38
  all
• 19:38
  the
• 19:39
  time.
• 19:39
  They're
• 19:39
  often
• 19:39
  like,
• 19:40
  oh,
• 19:40
  and
• 19:41
  you
• 19:41
  can
• 19:41
  make
• 19:41
  so
• 19:42
  much
• 19:42
  money
• 19:42
  selling
• 19:43
  back
• 19:43
  to
• 19:43
  the
• 19:43
  grid.
• 19:44
  Right.
• 19:45
  And
• 19:46
  I
• 19:46
  really
• 19:48
  want
• 19:48
  to
• 19:48
  lower
• 19:49
  your
• 19:49
  expectations
• 19:50
  on
• 19:51
  that
• 19:51
  front.
• 19:52
  You
• 19:52
  can
• 19:53
  sell
• 19:53
  back
• 19:54
  what's
• 19:54
  called
• 19:55
  excess
• 19:55
  power,
• 19:56
  anything
• 19:57
  you
• 19:57
  make
• 19:57
  that
• 19:57
  you're
• 19:57
  not
• 19:58
  using
• 19:58
  up,
• 19:59
  but
• 19:59
  the
• 19:59
  price
• 19:59
  you
• 19:59
  get
• 20:00
  for
• 20:00
  it
• 20:01
  is
• 20:01
  low.
• 20:02
  Some
• 20:02
  of
• 20:02
  our
• 20:03
  biggest
• 20:03
  power
• 20:03
  companies
• 20:04
  will
• 20:04
  pay
• 20:04
  you
• 20:05
  around
• 20:05
  $0.08
• 20:06
  per
• 20:07
  kilowatt
• 20:07
  hour,
• 20:08
  but
• 20:08
  when
• 20:08
  you're
• 20:09
  buying
• 20:09
  it
• 20:09
  from
• 20:09
  them,
• 20:10
  you're
• 20:10
  paying
• 20:10
  over
• 20:10
  40
• 20:11
  cents.
• 20:11
  So
• 20:12
  you
• 20:12
  see
• 20:12
  how
• 20:13
  big
• 20:13
  that
• 20:13
  difference
• 20:14
  is,
• 20:15
  really.
• 20:15
  The
• 20:15
  system
• 20:16
  works
• 20:17
  well
• 20:17
  when
• 20:17
  you're
• 20:17
  actually
• 20:18
  using
• 20:18
  the
• 20:19
  power
• 20:19
  you're
• 20:19
  generating,
• 20:20
  rather
• 20:20
  than
• 20:21
  sending
• 20:21
  it
• 20:21
  back
• 20:22
  to
• 20:22
  the
• 20:22
  grid
• 20:23
  for
• 20:23
  a
• 20:23
  fraction
• 20:23
  of
• 20:24
  the
• 20:24
  price
• 20:24
  that
• 20:24
  you'd
• 20:24
  pay
• 20:25
  to
• 20:25
  get
• 20:25
  it
• 20:25
  back.
• 20:26
  This
• 20:26
  is
• 20:27
  why
• 20:27
  we
• 20:27
  decided
• 20:28
  to
• 20:28
  invest
• 20:28
  in
• 20:29
  the
• 20:29
  battery
• 20:29
  to
• 20:30
  store
• 20:30
  that
• 20:30
  excess
• 20:31
  power
• 20:31
  for
• 20:32
  ourselves.
• 20:33
  Use
• 20:33
  it
• 20:33
  in
• 20:33
  the
• 20:33
  evenings,
• 20:34
  night
• 20:34
  and
• 20:34
  early
• 20:35
  morning
• 20:35
  when
• 20:36
  the
• 20:36
  solar
• 20:36
  isn't
• 20:37
  generating
• 20:38
  it,
• 20:38
  made
• 20:39
  way
• 20:39
  more
• 20:40
  Financial
• 20:40
  sense
• 20:40
  to
• 20:41
  us
• 20:41
  that
• 20:42
  way
• 20:42
  around.
• 20:43
  So
• 20:44
  how
• 20:44
  would
• 20:45
  you
• 20:45
  use
• 20:45
  it
• 20:45
  smarter
• 20:47
  if
• 20:47
  you
• 20:47
  are
• 20:48
  home
• 20:48
  during
• 20:48
  the
• 20:48
  day?
• 20:49
  Slam
• 20:50
  dunk.
• 20:50
  This
• 20:51
  works
• 20:51
  well.
• 20:52
  Maybe
• 20:52
  you're
• 20:52
  work
• 20:53
  from
• 20:53
  home
• 20:53
  or
• 20:54
  a
• 20:54
  stay
• 20:54
  at
• 20:54
  home
• 20:55
  parent
• 20:55
  or
• 20:55
  retired.
• 20:57
  That
• 20:57
  means
• 20:57
  you
• 20:57
  can
• 20:58
  run
• 20:58
  the
• 20:58
  dishwasher
• 20:59
  in
• 20:59
  the
• 20:59
  daytime
• 21:00
  and
• 21:00
  do
• 21:00
  the
• 21:00
  washing
• 21:01
  between
• 21:01
  meetings,
• 21:02
  use
• 21:02
  the
• 21:03
  dryer,
• 21:03
  charge
• 21:04
  your
• 21:04
  car,
• 21:04
  whatever.
• 21:05
  If
• 21:05
  you're
• 21:06
  not
• 21:06
  home
• 21:06
  during
• 21:06
  the
• 21:07
  day,
• 21:07
  then
• 21:08
  can
• 21:08
  you
• 21:08
  make
• 21:08
  timers
• 21:09
  and
• 21:10
  automations
• 21:10
  your
• 21:11
  best
• 21:11
  friend?
• 21:12
  Lots
• 21:12
  of
• 21:12
  dishwashers
• 21:13
  or
• 21:13
  washing
• 21:13
  machines
• 21:14
  have
• 21:14
  timers.
• 21:15
  Some
• 21:15
  will
• 21:16
  remote
• 21:16
  connect
• 21:17
  to
• 21:17
  an
• 21:17
  app
• 21:17
  where
• 21:18
  you
• 21:18
  can
• 21:18
  turn
• 21:18
  it
• 21:18
  on
• 21:19
  even
• 21:19
  when
• 21:19
  you're
• 21:19
  at
• 21:19
  work.
• 21:20
  Those
• 21:21
  are
• 21:21
  the
• 21:21
  sorts
• 21:21
  of
• 21:22
  things
• 21:22
  you'd
• 21:22
  want
• 21:23
  in
• 21:23
  order
• 21:23
  to
• 21:24
  make
• 21:24
  sure
• 21:24
  you're
• 21:24
  making
• 21:25
  the
• 21:25
  most
• 21:25
  of
• 21:25
  it.
• 21:26
  In
• 21:26
  winter
• 21:27
  we
• 21:27
  get
• 21:27
  even
• 21:27
  sneakier
• 21:28
  because
• 21:28
  there's
• 21:28
  slightly
• 21:28
  lower
• 21:29
  sunlight
• 21:29
  hours.
• 21:30
  We
• 21:30
  will
• 21:30
  use
• 21:31
  the
• 21:31
  battery
• 21:31
  that
• 21:32
  we
• 21:32
  got
• 21:32
  as
• 21:32
  part
• 21:32
  of
• 21:33
  the
• 21:33
  solar
• 21:33
  system
• 21:33
  and
• 21:34
  we
• 21:34
  will
• 21:34
  get
• 21:34
  it
• 21:34
  to
• 21:35
  charge
• 21:35
  up
• 21:36
  in
• 21:36
  the
• 21:36
  wee
• 21:36
  hours
• 21:37
  of
• 21:37
  the
• 21:37
  morning
• 21:37
  like
• 21:38
  3am
• 21:39
  because
• 21:39
  you're
• 21:39
  getting
• 21:40
  cheaper
• 21:40
  off
• 21:41
  peak
• 21:41
  power.
• 21:42
  So
• 21:43
  when
• 21:43
  we
• 21:43
  get
• 21:43
  up
• 21:43
  in
• 21:43
  the
• 21:43
  morning
• 21:44
  and
• 21:44
  it's
• 21:44
  still
• 21:44
  dark
• 21:45
  and
• 21:45
  cold
• 21:45
  and
• 21:46
  I
• 21:46
  want
• 21:46
  to
• 21:46
  crank
• 21:47
  that
• 21:47
  heat
• 21:47
  pump,
• 21:48
  I'm
• 21:49
  boosting
• 21:49
  us
• 21:50
  with
• 21:50
  cheaper
• 21:50
  power
• 21:51
  that
• 21:51
  we
• 21:51
  bought
• 21:51
  overnight
• 21:53
  and
• 21:53
  not
• 21:53
  using
• 21:53
  the
• 21:54
  more
• 21:54
  expensive
• 21:55
  peak
• 21:55
  price
• 21:56
  power
• 21:56
  because
• 21:57
  everyone
• 21:58
  is
• 21:58
  getting
• 21:58
  up
• 21:59
  at
• 21:59
  the
• 21:59
  same
• 21:59
  time.
• 22:00
  Having
• 22:00
  the
• 22:01
  solar
• 22:01
  system
• 22:02
  means
• 22:02
  that
• 22:03
  even
• 22:03
  when
• 22:03
  I'm
• 22:04
  not
• 22:04
  using
• 22:04
  actual
• 22:05
  solar
• 22:05
  power,
• 22:06
  I
• 22:06
  can
• 22:06
  still
• 22:07
  be
• 22:07
  smarter
• 22:08
  and
• 22:08
  cheaper.
• 22:09
  About
• 22:10
  the
• 22:10
  little
• 22:10
  top
• 22:11
  ups
• 22:11
  that
• 22:11
  I
• 22:11
  use,
• 22:12
  it's
• 22:12
  a
• 22:13
  bit
• 22:13
  like
• 22:13
  buying
• 22:14
  low
• 22:14
  and
• 22:14
  selling
• 22:14
  high
• 22:15
  and
• 22:15
  you're
• 22:15
  still
• 22:16
  playing
• 22:16
  the
• 22:16
  market.
• 22:17
  It's
• 22:17
  just
• 22:19
  the
• 22:19
  electricity
• 22:19
  market
• 22:20
  now.
• 22:21
  Could
• 22:21
  it
• 22:21
  have
• 22:21
  been
• 22:21
  cheaper?
• 22:23
  Yes.
• 22:24
  I
• 22:25
  spent,
• 22:25
  I
• 22:25
  will
• 22:25
  happily
• 22:26
  admit,
• 22:26
  an
• 22:27
  insane
• 22:27
  amount
• 22:28
  of
• 22:28
  money.
• 22:29
  $89,000
• 22:31
  total.
• 22:32
  34,000
• 22:33
  on
• 22:34
  that
• 22:34
  solar
• 22:34
  system,
• 22:35
  $55,000
• 22:37
  on
• 22:37
  the
• 22:37
  electric
• 22:38
  car.
• 22:39
  The
• 22:39
  version
• 22:39
  of
• 22:39
  myself
• 22:40
  that
• 22:41
  wrote
• 22:41
  my
• 22:41
  first
• 22:42
  book,
• 22:42
  Tales
• 22:42
  from
• 22:42
  a
• 22:43
  Financial
• 22:43
  Hot
• 22:43
  Mess,
• 22:44
  simply
• 22:45
  could
• 22:45
  not
• 22:45
  conceive
• 22:46
  of
• 22:47
  me
• 22:47
  spending
• 22:47
  that
• 22:48
  amount
• 22:48
  of
• 22:48
  money
• 22:49
  and
• 22:49
  being
• 22:49
  okay
• 22:50
  with
• 22:50
  it.
• 22:50
  Part
• 22:50
  of
• 22:51
  me
• 22:51
  is
• 22:51
  still
• 22:51
  not
• 22:51
  okay
• 22:52
  with
• 22:52
  it.
• 22:53
  But
• 22:53
  this
• 22:53
  is
• 22:53
  why
• 22:54
  I
• 22:54
  always
• 22:54
  say
• 22:54
  do
• 22:55
  not
• 22:55
  Compare
• 22:55
  your
• 22:55
  Level
• 22:56
  1
• 22:56
  journey
• 22:57
  with
• 22:57
  someone
• 22:57
  else's
• 22:58
  Level
• 22:58
  5.
• 23:00
  As
• 23:00
  you
• 23:00
  make
• 23:00
  changes
• 23:01
  to
• 23:01
  your
• 23:01
  money,
• 23:02
  you
• 23:02
  step
• 23:03
  up
• 23:03
  the
• 23:04
  levels
• 23:04
  one
• 23:05
  at
• 23:05
  a
• 23:05
  time
• 23:06
  and
• 23:06
  different
• 23:07
  things
• 23:07
  become
• 23:08
  possible
• 23:08
  to
• 23:08
  you
• 23:09
  as
• 23:09
  you
• 23:10
  change
• 23:10
  your
• 23:10
  financial
• 23:10
  life.
• 23:11
  When
• 23:12
  I
• 23:12
  wrote
• 23:12
  that
• 23:12
  first
• 23:13
  book,
• 23:14
  I
• 23:14
  was
• 23:14
  probably
• 23:15
  at
• 23:15
  level
• 23:15
  two
• 23:16
  and
• 23:16
  being
• 23:16
  really
• 23:17
  frugal
• 23:18
  in
• 23:18
  that
• 23:18
  moment
• 23:18
  was
• 23:19
  super
• 23:19
  important.
• 23:20
  And
• 23:20
  then
• 23:21
  making
• 23:22
  plans
• 23:23
  to
• 23:23
  increase
• 23:23
  my
• 23:24
  income
• 23:24
  through
• 23:24
  my
• 23:25
  job
• 23:25
  and
• 23:25
  investing
• 23:26
  was
• 23:27
  all
• 23:27
  part
• 23:28
  of
• 23:28
  that
• 23:28
  long
• 23:28
  term
• 23:29
  plan
• 23:29
  for
• 23:29
  my
• 23:30
  money.
• 23:30
  And
• 23:31
  now
• 23:31
  I
• 23:31
  am
• 23:31
  at
• 23:32
  level
• 23:32
  five
• 23:32
  and
• 23:32
  I
• 23:33
  do
• 23:33
  get
• 23:33
  to
• 23:33
  say
• 23:34
  a
• 23:34
  slightly
• 23:35
  bigger
• 23:35
  car
• 23:35
  is
• 23:36
  important
• 23:36
  for
• 23:36
  our
• 23:36
  family
• 23:37
  right
• 23:37
  now
• 23:38
  and
• 23:38
  I
• 23:38
  will
• 23:38
  spend
• 23:39
  that
• 23:39
  accordingly.
• 23:40
  It
• 23:41
  took
• 23:41
  me
• 23:41
  time
• 23:41
  to
• 23:41
  get
• 23:41
  here.
• 23:42
  I
• 23:42
  followed
• 23:43
  all
• 23:43
  of
• 23:43
  the
• 23:43
  steps
• 23:43
  that
• 23:44
  I
• 23:44
  talk
• 23:44
  to
• 23:44
  you
• 23:44
  guys
• 23:44
  about
• 23:45
  all
• 23:45
  the
• 23:45
  time
• 23:45
  and
• 23:46
  I
• 23:46
  change
• 23:47
  the
• 23:47
  calculations
• 23:48
  that
• 23:49
  I'm
• 23:49
  able
• 23:49
  to
• 23:49
  make
• 23:49
  now
• 23:50
  because
• 23:50
  of
• 23:51
  that.
• 23:51
  Still
• 23:52
  not
• 23:52
  going
• 23:52
  to
• 23:52
  go
• 23:52
  full
• 23:52
  Mike
• 23:53
  Hosking
• 23:53
  and
• 23:53
  buy
• 23:54
  a
• 23:54
  Ferrari
• 23:55
  because
• 23:55
  that
• 23:55
  just
• 23:55
  doesn't
• 23:55
  bring
• 23:56
  me
• 23:56
  joy.
• 23:56
  But
• 23:57
  we're
• 23:57
  all
• 23:57
  making
• 23:57
  different
• 23:58
  choices.
• 23:59
  But
• 23:59
  if
• 24:00
  I
• 24:00
  was
• 24:00
  at
• 24:00
  a
• 24:00
  stage,
• 24:01
  a
• 24:01
  different
• 24:02
  stage
• 24:03
  of
• 24:03
  my
• 24:03
  money
• 24:04
  journey,
• 24:05
  I
• 24:05
  could
• 24:05
  have
• 24:06
  totally
• 24:06
  done
• 24:06
  this
• 24:07
  differently
• 24:08
  and
• 24:08
  here's
• 24:09
  how
• 24:09
  I
• 24:09
  would
• 24:09
  have
• 24:09
  done
• 24:10
  that.
• 24:11
  Our
• 24:11
  solar
• 24:12
  setup
• 24:12
  is
• 24:12
  more
• 24:13
  expensive
• 24:13
  than
• 24:14
  you
• 24:14
  would
• 24:14
  need
• 24:14
  in
• 24:14
  order
• 24:15
  to
• 24:15
  get
• 24:15
  a
• 24:15
  good
• 24:15
  result
• 24:16
  for
• 24:16
  lots
• 24:17
  of
• 24:17
  other
• 24:17
  homes
• 24:17
  in
• 24:17
  New
• 24:17
  Zealand.
• 24:18
  So
• 24:18
  we're
• 24:19
  going
• 24:19
  nerdy
• 24:19
  again.
• 24:20
  But
• 24:21
  we
• 24:21
  have
• 24:21
  a
• 24:22
  larger
• 24:22
  three
• 24:23
  phase
• 24:23
  system,
• 24:24
  partly
• 24:25
  because
• 24:25
  of
• 24:25
  how
• 24:25
  our
• 24:25
  house
• 24:26
  is
• 24:26
  wired
• 24:27
  and
• 24:27
  partly
• 24:28
  because
• 24:28
  we
• 24:28
  went
• 24:29
  for
• 24:29
  a
• 24:29
  bigger
• 24:29
  battery.
• 24:31
  If
• 24:31
  your
• 24:31
  roof
• 24:32
  has
• 24:32
  more
• 24:33
  usable
• 24:34
  north
• 24:35
  facing
• 24:35
  surface
• 24:36
  area
• 24:36
  with
• 24:36
  less
• 24:37
  shading,
• 24:38
  you'll
• 24:38
  likely
• 24:39
  need
• 24:39
  a
• 24:40
  smaller,
• 24:40
  simpler
• 24:41
  system.
• 24:42
  We're
• 24:43
  semi
• 24:43
  rural,
• 24:43
  there
• 24:44
  are
• 24:44
  some
• 24:44
  big
• 24:44
  trees
• 24:45
  around
• 24:45
  us
• 24:46
  that
• 24:46
  can
• 24:46
  shade
• 24:46
  the
• 24:46
  roof.
• 24:47
  We
• 24:47
  had
• 24:48
  to
• 24:48
  have
• 24:48
  a
• 24:48
  system
• 24:48
  that
• 24:48
  took
• 24:48
  that
• 24:49
  into
• 24:49
  account.
• 24:49
  A
• 24:50
  single
• 24:50
  phase
• 24:50
  setup
• 24:51
  with
• 24:52
  a
• 24:52
  more
• 24:52
  modest
• 24:52
  inverter
• 24:54
  and
• 24:54
  battery
• 24:55
  will
• 24:55
  cost
• 24:56
  significantly
• 24:57
  less
• 24:57
  than
• 24:57
  what
• 24:57
  we
• 24:58
  spent.
• 24:59
  And
• 24:59
  for
• 24:59
  many
• 24:59
  households
• 25:00
  it
• 25:00
  will
• 25:00
  do
• 25:00
  the
• 25:00
  job
• 25:00
  just
• 25:01
  as
• 25:01
  well.
• 25:02
  That's
• 25:02
  why
• 25:02
  you
• 25:02
  get
• 25:03
  the
• 25:03
  solar
• 25:03
  companies
• 25:03
  to
• 25:04
  give
• 25:04
  you
• 25:04
  accurate
• 25:04
  modeling
• 25:05
  for
• 25:05
  your
• 25:05
  property
• 25:06
  and
• 25:06
  not
• 25:07
  just
• 25:07
  some
• 25:08
  one
• 25:08
  size
• 25:08
  fits
• 25:09
  all
• 25:09
  system.
• 25:10
  Be
• 25:10
  a
• 25:10
  Karen,
• 25:11
  but
• 25:12
  a
• 25:12
  nice
• 25:12
  one.
• 25:12
  Who
• 25:13
  cares?
• 25:13
  Karens
• 25:13
  make
• 25:14
  the
• 25:14
  world
• 25:14
  go
• 25:14
  round.
• 25:15
  You're
• 25:15
  paying
• 25:16
  them
• 25:16
  money,
• 25:17
  they
• 25:17
  can
• 25:17
  earn
• 25:17
  it.
• 25:18
  Ask
• 25:19
  heaps
• 25:19
  of
• 25:19
  questions
• 25:20
  and
• 25:20
  figure
• 25:21
  out
• 25:21
  the
• 25:21
  best
• 25:21
  system
• 25:22
  for
• 25:23
  you.
• 25:24
  I
• 25:24
  spent
• 25:24
  $34,000
• 25:26
  on
• 25:26
  the
• 25:26
  system,
• 25:27
  but
• 25:27
  the
• 25:28
  average
• 25:28
  residential
• 25:29
  solar
• 25:29
  installation
• 25:29
  in
• 25:30
  New
• 25:30
  Zealand
• 25:30
  is
• 25:31
  around
• 25:31
  7
• 25:31
  kilowatts
• 25:32
  and
• 25:33
  costs
• 25:33
  roughly
• 25:34
  16,500.
• 25:36
  That's
• 25:37
  less
• 25:37
  than
• 25:37
  half
• 25:38
  of
• 25:38
  what
• 25:38
  we
• 25:38
  spent
• 25:39
  on
• 25:39
  the
• 25:40
  solar
• 25:40
  and
• 25:40
  battery
• 25:41
  setup.
• 25:41
  So
• 25:42
  if
• 25:42
  our
• 25:42
  numbers
• 25:42
  feel
• 25:43
  out
• 25:43
  of
• 25:43
  reach,
• 25:43
  just
• 25:44
  know
• 25:44
  the
• 25:45
  entry
• 25:45
  point
• 25:45
  can
• 25:46
  be
• 25:46
  a
• 25:46
  lot
• 25:46
  lower.
• 25:47
  And
• 25:48
  if
• 25:48
  you
• 25:48
  have
• 25:48
  a
• 25:48
  north
• 25:48
  facing
• 25:49
  roof,
• 25:50
  no
• 25:50
  big
• 25:50
  trees
• 25:50
  blocking
• 25:51
  half
• 25:51
  of
• 25:51
  it,
• 25:52
  you
• 25:52
  might
• 25:52
  be
• 25:52
  totally
• 25:53
  fine
• 25:53
  with
• 25:53
  that.
• 25:54
  If
• 25:54
  you're
• 25:55
  thinking
• 25:55
  about
• 25:55
  an
• 25:55
  electric
• 25:56
  car,
• 25:56
  you
• 25:57
  have
• 25:57
  far
• 25:57
  more
• 25:57
  options
• 25:58
  than
• 25:58
  we
• 25:58
  did
• 25:58
  even
• 25:59
  18
• 25:59
  months
• 25:59
  ago
• 26:00
  and
• 26:00
  at
• 26:00
  far
• 26:01
  more
• 26:01
  accessible
• 26:02
  price
• 26:02
  points.
• 26:02
  You
• 26:03
  don't
• 26:03
  need
• 26:03
  to
• 26:03
  spend
• 26:04
  $55,000
• 26:05
  to
• 26:05
  get
• 26:05
  a
• 26:05
  perfectly
• 26:06
  good
• 26:06
  electric
• 26:07
  car
• 26:07
  that
• 26:07
  will
• 26:08
  charge
• 26:08
  off
• 26:08
  your
• 26:08
  solar
• 26:09
  and
• 26:09
  slash
• 26:10
  your
• 26:10
  fuel
• 26:10
  costs.
• 26:11
  I
• 26:11
  think
• 26:11
  you
• 26:12
  could
• 26:12
  get
• 26:12
  probably
• 26:13
  a
• 26:13
  similar
• 26:13
  result
• 26:14
  for
• 26:15
  about
• 26:15
  half
• 26:15
  of
• 26:15
  what
• 26:16
  we
• 26:16
  paid.
• 26:17
  And
• 26:17
  if
• 26:17
  you
• 26:17
  need
• 26:18
  less
• 26:18
  than
• 26:18
  we
• 26:19
  did,
• 26:19
  you
• 26:20
  could
• 26:20
  cut
• 26:20
  it
• 26:20
  back
• 26:20
  to
• 26:21
  under
• 26:21
  a
• 26:21
  quarter
• 26:22
  of
• 26:22
  what
• 26:23
  we
• 26:23
  spent.
• 26:23
  And
• 26:24
  honestly,
• 26:24
  if
• 26:24
  you
• 26:25
  do,
• 26:25
  I
• 26:25
  will
• 26:26
  be
• 26:26
  cheering
• 26:26
  for
• 26:27
  you.
• 26:27
  I
• 26:27
  just
• 26:28
  want
• 26:28
  us
• 26:28
  all
• 26:29
  to
• 26:29
  do
• 26:29
  well.
• 26:30
  So
• 26:31
  if
• 26:31
  you're
• 26:31
  listening
• 26:32
  and
• 26:32
  thinking,
• 26:33
  should
• 26:34
  I
• 26:34
  do
• 26:34
  this?
• 26:35
  Let
• 26:35
  me
• 26:35
  break
• 26:36
  down
• 26:36
  what
• 26:36
  I
• 26:36
  think
• 26:37
  are
• 26:37
  the
• 26:37
  most
• 26:37
  important
• 26:38
  factors
• 26:39
  for
• 26:39
  you
• 26:39
  to
• 26:40
  consider.
• 26:40
  If
• 26:41
  you
• 26:41
  own
• 26:41
  your
• 26:41
  own
• 26:41
  home,
• 26:42
  have
• 26:43
  decent
• 26:43
  sunlight
• 26:43
  on
• 26:43
  the
• 26:44
  roof,
• 26:45
  a
• 26:45
  home
• 26:45
  during
• 26:45
  the
• 26:46
  day,
• 26:46
  or
• 26:47
  are
• 26:48
  prepared
• 26:48
  to
• 26:48
  invest
• 26:48
  in
• 26:49
  a
• 26:49
  battery
• 26:49
  and
• 26:50
  some
• 26:50
  smart
• 26:50
  automation
• 26:51
  and
• 26:52
  you
• 26:52
  can
• 26:52
  get
• 26:53
  a
• 26:53
  green
• 26:53
  loan
• 26:54
  at
• 26:54
  low
• 26:54
  interest,
• 26:55
  the
• 26:55
  numbers
• 26:56
  genuinely
• 26:57
  stack
• 26:57
  up
• 26:57
  for
• 26:57
  most
• 26:57
  people.
• 26:58
  For
• 26:59
  me,
• 26:59
  a
• 26:59
  15%
• 27:00
  return
• 27:01
  with
• 27:01
  a
• 27:01
  payback
• 27:02
  period
• 27:02
  of
• 27:02
  six
• 27:03
  years
• 27:03
  is
• 27:04
  hard
• 27:04
  to
• 27:04
  argue
• 27:05
  with.
• 27:06
  But
• 27:06
  go
• 27:06
  in
• 27:06
  with
• 27:07
  open
• 27:07
  eyes.
• 27:08
  And
• 27:08
  even
• 27:08
  though
• 27:08
  it
• 27:09
  can
• 27:09
  be
• 27:09
  painful,
• 27:09
  don't
• 27:10
  skip
• 27:10
  the
• 27:10
  research
• 27:11
  step,
• 27:12
  get
• 27:12
  multiple
• 27:12
  quotes.
• 27:13
  Don't
• 27:14
  skip
• 27:14
  the
• 27:14
  smaller
• 27:15
  local
• 27:15
  installers
• 27:16
  because
• 27:16
  in
• 27:16
  my
• 27:16
  experience,
• 27:17
  they
• 27:17
  often
• 27:17
  give
• 27:17
  better,
• 27:18
  more
• 27:18
  tailored
• 27:19
  advice
• 27:19
  than
• 27:19
  the
• 27:20
  big
• 27:20
  chains
• 27:21
  and
• 27:21
  they'll
• 27:21
  choose
• 27:21
  the
• 27:22
  equipment
• 27:22
  that
• 27:22
  suits
• 27:22
  your
• 27:23
  actual
• 27:23
  situation
• 27:25
  rather
• 27:25
  than
• 27:25
  what's
• 27:25
  easiest
• 27:26
  to
• 27:26
  package
• 27:26
  up
• 27:27
  and
• 27:27
  sell
• 27:27
  to
• 27:27
  the
• 27:27
  most
• 27:28
  people.
• 27:28
  I
• 27:28
  love
• 27:28
  the
• 27:29
  little
• 27:29
  guys
• 27:30
  always
• 27:30
  had
• 27:30
  a
• 27:31
  better
• 27:31
  time
• 27:31
  with
• 27:32
  a
• 27:32
  smaller
• 27:32
  local
• 27:33
  outfit.
• 27:34
  The
• 27:34
  difference
• 27:35
  in
• 27:35
  quality
• 27:36
  of
• 27:36
  advice
• 27:36
  between
• 27:36
  our
• 27:37
  best
• 27:37
  and
• 27:37
  worst
• 27:37
  quote
• 27:38
  was
• 27:40
  significant.
• 27:42
  Then
• 27:42
  you've
• 27:42
  got
• 27:42
  to
• 27:42
  do
• 27:42
  the
• 27:43
  maths
• 27:43
  for
• 27:43
  your
• 27:43
  specific
• 27:44
  house.
• 27:45
  How
• 27:45
  much
• 27:46
  solar
• 27:46
  can
• 27:47
  your
• 27:47
  roof
• 27:48
  actually
• 27:48
  generate?
• 27:49
  Given
• 27:49
  its
• 27:50
  orientation
• 27:50
  to
• 27:50
  the
• 27:51
  sun
• 27:51
  and
• 27:51
  any
• 27:52
  shading,
• 27:52
  how
• 27:53
  much
• 27:53
  of
• 27:53
  that
• 27:54
  will
• 27:54
  you
• 27:54
  realistically
• 27:55
  use
• 27:55
  yourself?
• 27:57
  What
• 27:57
  is
• 27:57
  your
• 27:57
  power
• 27:58
  company
• 27:58
  paying
• 27:58
  for
• 27:58
  exports
• 27:59
  right
• 27:59
  now?
• 28:00
  What's
• 28:00
  the
• 28:00
  best
• 28:01
  time
• 28:01
  of
• 28:01
  use
• 28:01
  plan?
• 28:02
  These
• 28:02
  numbers
• 28:03
  matter
• 28:04
  and
• 28:04
  they
• 28:04
  vary
• 28:05
  a
• 28:05
  lot
• 28:05
  from
• 28:05
  household
• 28:06
  to
• 28:06
  household.
• 28:07
  For
• 28:07
  me,
• 28:08
  working
• 28:09
  from
• 28:09
  home,
• 28:10
  getting
• 28:10
  a
• 28:10
  battery,
• 28:11
  the
• 28:12
  green
• 28:12
  loan,
• 28:12
  the
• 28:12
  electric
• 28:13
  car,
• 28:14
  it
• 28:14
  made
• 28:15
  sense.
• 28:16
  Your
• 28:16
  maths
• 28:16
  might
• 28:16
  look
• 28:17
  different,
• 28:18
  but
• 28:18
  with
• 28:18
  power
• 28:19
  prices
• 28:19
  heading
• 28:20
  the
• 28:20
  direction
• 28:21
  they
• 28:21
  are
• 28:21
  heading,
• 28:22
  this
• 28:23
  is
• 28:23
  probably
• 28:24
  a
• 28:24
  conversation
• 28:24
  worth
• 28:25
  having
• 28:26
  sooner
• 28:27
  rather
• 28:27
  than
• 28:28
  later.
• 28:29
  The
• 28:29
  numbers
• 28:30
  not
• 28:30
  only
• 28:30
  made
• 28:31
  sense
• 28:31
  for
• 28:31
  me,
• 28:32
  but
• 28:32
  it
• 28:32
  also
• 28:32
  did
• 28:33
  something
• 28:33
  else
• 28:34
  I
• 28:34
  talk
• 28:34
  about
• 28:34
  here
• 28:35
  all
• 28:35
  the
• 28:35
  time.
• 28:35
  It
• 28:36
  used
• 28:36
  money
• 28:37
  to
• 28:37
  take
• 28:38
  away
• 28:38
  a
• 28:38
  significant
• 28:39
  source
• 28:40
  of
• 28:40
  stress
• 28:40
  in
• 28:40
  my
• 28:41
  life.
• 28:41
  I
• 28:41
  am
• 28:41
  not
• 28:42
  stressed
• 28:43
  by
• 28:43
  the
• 28:43
  current
• 28:43
  problems
• 28:44
  with
• 28:44
  petrol
• 28:44
  prices.
• 28:45
  I
• 28:45
  am
• 28:46
  not
• 28:46
  stressed
• 28:47
  by
• 28:47
  the
• 28:47
  mountain
• 28:48
  of
• 28:48
  washing
• 28:48
  that
• 28:49
  my
• 28:49
  children
• 28:49
  create.
• 28:50
  Well,
• 28:50
  actually,
• 28:51
  maybe,
• 28:51
  maybe
• 28:51
  I
• 28:52
  am
• 28:52
  slightly
• 28:52
  stressed
• 28:53
  by
• 28:53
  that,
• 28:53
  but
• 28:53
  I'm
• 28:53
  not
• 28:53
  stressed
• 28:54
  by
• 28:54
  the
• 28:54
  power
• 28:55
  used
• 28:55
  to
• 28:55
  get
• 28:55
  through
• 28:56
  it.
• 28:56
  And
• 28:56
  I
• 28:56
  can
• 28:57
  now
• 28:57
  thr
• 28:57
  trash
• 28:57
  the
• 28:58
  power
• 28:58
  to
• 28:58
  get
• 28:58
  through
• 28:59
  it
• 28:59
  even
• 28:59
  faster.
• 29:00
  Which
• 29:01
  hallelujah.
• 29:02
  I
• 29:02
  have
• 29:03
  paid
• 29:03
  to
• 29:03
  remove
• 29:05
  so
• 29:05
  many
• 29:05
  frictions
• 29:06
  from
• 29:06
  my
• 29:06
  life
• 29:07
  and
• 29:07
  that
• 29:07
  is
• 29:08
  truly
• 29:09
  all
• 29:09
  I
• 29:09
  ever
• 29:09
  want
• 29:10
  my
• 29:10
  money
• 29:10
  to
• 29:10
  do
• 29:11
  for
• 29:11
  me.
• 29:12
  And
• 29:12
  I've
• 29:12
  done
• 29:13
  that
• 29:13
  while
• 29:14
  it
• 29:14
  is
• 29:14
  still
• 29:14
  overall
• 29:15
  a
• 29:16
  better
• 29:16
  financial
• 29:17
  outcome
• 29:17
  as
• 29:17
  well.
• 29:18
  So
• 29:18
  yeah,
• 29:19
  I'm
• 29:19
  happy
• 29:20
  with
• 29:20
  the
• 29:20
  outrageous
• 29:21
  amount
• 29:21
  of
• 29:21
  money
• 29:21
  I
• 29:21
  spent
• 29:22
  for
• 29:22
  me.
• 29:24
  So
• 29:24
  worth
• 29:24
  it
• 29:25
  for
• 29:25
  you,
• 29:26
  maybe.
• 29:27
  Or
• 29:27
  maybe
• 29:27
  you
• 29:28
  can
• 29:28
  do
• 29:28
  it
• 29:28
  better
• 29:29
  than
• 29:29
  I
• 29:30
  did.
• 29:30
  And
• 29:30
  if
• 29:30
  you
• 29:30
  do,
• 29:31
  love
• 29:31
  that
• 29:31
  for
• 29:32
  you.
• 29:32
  If
• 29:32
  this
• 29:33
  episode
• 29:33
  was
• 29:33
  helpful.
• 29:33
  Send
• 29:34
  it
• 29:34
  to
• 29:34
  a
• 29:34
  friend
• 29:34
  so
• 29:35
  we
• 29:35
  can
• 29:35
  all
• 29:35
  level
• 29:35
  up
• 29:35
  with
• 29:36
  money
• 29:36
  together.
• 29:36
  Hit
• 29:37
  subscribe
• 29:37
  to
• 29:37
  Making
• 29:38
  Sense
• 29:38
  so
• 29:38
  that
• 29:38
  you
• 29:38
  never
• 29:39
  miss
• 29:39
  a
• 29:39
  trick
• 29:40
  with
• 29:40
  your
• 29:40
  money.
• 29:40
  Until
• 29:41
  next
• 29:41
  time,
• 29:41
  have
• 29:42
  a
• 29:42
  great
• 29:42
  day.
• 29:44
  This
• 29:45
  podcast
• 29:45
  can
• 29:45
  only
• 29:46
  give
• 29:46
  you
• 29:46
  general
• 29:46
  information
• 29:47
  about
• 29:47
  how
• 29:47
  things
• 29:48
  work
• 29:48
  in
• 29:48
  in
• 29:49
  most
• 29:49
  situations,
• 29:50
  it's
• 29:50
  not
• 29:50
  individual
• 29:51
  financial
• 29:51
  advice.
• 29:52
  If
• 29:52
  you're
• 29:53
  after
• 29:53
  that,
• 29:53
  a
• 29:53
  financial
• 29:54
  advisor
• 29:54
  is
• 29:55
  always
• 29:55
  the
• 29:55
  best
• 29:55
  bet.