These references to 'free' energy through solar and divis are not really free at all are they?
The solar energy cost a big up front capital expense amortised against reduced or no future energy costs from the grid (not including maintenance costs), whereas spending a divi is just the same as spending any other income stream on petrol, I'd rather my divis went into more asset investments than going into consumption costs.
Maybe it's just how we look at things, I don't see anything 'free' about either rationalisation for the costs of consuming energy.
Totally correct Baa Baa. In my case it will take at least 7-8 years from installation of solar before I start getting any free energy. Time will tell if maintenance and or replacement is required by then. Whichever way we look at it, this sort of investment is a marathon, not a sprint, a bit like the sharemarket for many of us :-)
Different investment objectives for me.
Goal to have enough SPK shares for their dividends to cover my phone account.
Same with the power companies.
Gives me a warm fuzzie feeling.Very pleasant.
If you live in ChCh or top of the South NextGen is a good solar option. I have solar on the roof and NextGen pay me twice what Trustpower used to for it, and I pay only 70% for the power that comes the other way into the home. Have a look at their website. https://nextgen.energy/
Different investment objectives for me.
Goal to have enough SPK shares for their dividends to cover my phone account.
Same with the power companies. Gives me a warm fuzzie feeling.Very pleasant.
Different investment objectives for me.
Goal to have enough SPK shares for their dividends to cover my phone account.
Same with the power companies.
Gives me a warm fuzzie feeling.Very pleasant.
I'm with you on this one. Many people are sitting on huge profits from their power company shares over the years and thanks to their own astute investment skills they are indeed getting free power.
Many people, myself included, could withdraw their original capital invested and still have enough free shares left in various power companies to generate enough dividends to cover all their future power bills. Free shares or free power ? Who cares the key word is FREE
Last edited by Beagle; 15-04-2019 at 10:05 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
..Mrs Beagle not a great traveller though so might have to spend that on something else.[/QUOTE] Like a trip to Zermatt.Lol
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Originally Posted by couta1
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