Oil Peg
When they announced that the peg is going to a managed float mode, I was very happy. My initia thought was that the appreciating Ringgit would take the pressure off the increasing oil prices. But much to my disappointment - oil prices went up again and this time it's 10 cents! This is the biggest increase so far.
I have a 2 litre car - which used to do RM0.11 per kilometre, up until last week, it was doing RM0.145 per kilometre. With this new increase, it'll probably do RM0.16 per kilometre. Making a road trip to my in laws place in Penang via the North South Expressway used to cost about RM200, now it's going to cost from RM220 to RM240. I hope they woouldn't increase the toll anytime soon, but electricity will be the next to go up. Cost of living is going up - but salary seldom go up as fast.
May be I should buy a scooter and ride on to work! Install solar panels for water heating and solar cells to power the air conditioner.
Better still - may be I should start up a business to market solar cells for houses and buildings. Care to join me ?
I have a 2 litre car - which used to do RM0.11 per kilometre, up until last week, it was doing RM0.145 per kilometre. With this new increase, it'll probably do RM0.16 per kilometre. Making a road trip to my in laws place in Penang via the North South Expressway used to cost about RM200, now it's going to cost from RM220 to RM240. I hope they woouldn't increase the toll anytime soon, but electricity will be the next to go up. Cost of living is going up - but salary seldom go up as fast.
May be I should buy a scooter and ride on to work! Install solar panels for water heating and solar cells to power the air conditioner.
Better still - may be I should start up a business to market solar cells for houses and buildings. Care to join me ?
posted by Orion | 12:22 PM
4 Comments:
Solar panels for water heaters are pretty cheap nowadays. But as solar panels to convert to electricity I think it's still expensive . I read it's widely use in Japan.I haven't come across any company selling these. Any ideas?
No one is providing that solution here and that's where the opportunity is!
The panels are quite expensive, even in Japan
capital $$$$$$$$$$$
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