seagullsovergrimsby
#cpfctinpotclub
What would you expect on a solar panel thread, ads for gnome accessories?
Anyone else getting the solar powered garden gnome lights ad ?
What would you expect on a solar panel thread, ads for gnome accessories?
You can get accessories? Who'd have thought it.
That's a joke, right?Anyone else getting the solar powered garden gnome lights ad ?
its a big scam in england ....you collect power (little) and give it the big corps.
lol.
the amount of cash needed on panels in the UK to collect anything is outrageous.
...on her roof, in a conservation area of Brighton & Hove?
Cheers.
its a big scam in england ....you collect power (little) and give it the big corps.
lol.
the amount of cash needed on panels in the UK to collect anything is outrageous.
Not sure what you mean?
The feed in tariff at the moment means that even a small 2.9kWp system is likely to generate approx. £1060 per year (inc. £90 reduction to energy bills). A small system will cost approx. £6500 to install, and so after 6 years it is all profit. The following 6 years will mean you've made 100% of your original investment.
The tariff ends in April 2012, but if you sign a contract before then that tariff I believe is guaranteed for 25 years. It is a no brainer if you have £6k or more to invest and a south facing roof.
A few points to add to this:
1) You can pay through the nose for solar panels, there are a lot of cowboys around and you will need an accredited installer to be able to qualify for the feed-in tariff.
2) True, the current tariff is reviewed on 31 March 2012; if you install before then it is guaranteed for 25 years and rates are inflation linked.
3) The generic govt model for determining generation, savings etc is based on a set of panels located mid-country in Harrogate. Everyone I know is generating well above this figure (10-20%), which you'd expect in Surrey/W Sussex, but this reduces the payback time still further.
4) 2.9kwp of solar panels is a lot of area.
5) If you have the finance and a suitable location then it really is a no brainer.
Unbelievable, we will all carry on using an ever depleting resource and when people start to use renewable energy solutions we're up in arms FFS.
Far from being a no brainer, here is my perspective.
Figures I was given by three reputable installers was pay-back in 10 years on a South facing roof and 12 years on a West facing roof. These figures assume NO shadows fall across the panels at ANY time. Because of the way they work, even the shadow of a telephone wire will 'turn off' any panel it falls on.
Most installers offer limited guarantees (the best I could find was 10 years). They continue to quote 25 years on panels but the installers wont turn out in later years even to look (without charging big money if they are still around) and costs are down to you while you fight it out with a remote panel manufacturer. You cant ignore a duff panel as failure of a single panel will take out a big percentage of your output (because of the way they are wired).
The inverter that turns low voltage into mains power are currently averaging about 10 year lifetime (less if installed in the hot loft). These will generally fail after your (say) 5 year cover has expired and are not cheap at about £1500 - £2000 to replace.
All these additional cost need to factored in to your expected profits. Its no good arguing that you will just write it off, as who will buy your house with an old dead solar sytem messing up the roof.
The Government subsidy is very generous and without it, solar panels are a non starter, but can you trust any Government to honour the 25 year agreement (cut backs etc). Read the small print.
I believe Spain has already reneged on its promises of continuing subsidies.
So like I say its not a no brainer, though the installers will tell you it is, but they would wouldn't they.
Why so surprised?
It'll only wear the sun out quicker.
My figures were not from an installer, but a mechanical engineer who independently assesses systems for big investors all over the world. That said, there are so many crap systems on the market you have to be careful.
Agreed, but how does the customer find the truth.
The draw backs and risks you indicate are no different really to any other investment, whether in shares, bonds, property, pensions, whatever.
I think they are different. Some investments will give you a good return, but unless you are really unlucky all or most of your capital is available at the end of the investment. This is not so with solar panels, your investment is written off at the end of the systems lifetime and in fact you have a liability of a dead system corrupting the roof.
With regard to things like inverters lasting 10 years, the technology has moved on so fast that the converters of 10 years ago (assuming that on your 10 year lifespan) are not going to be as good as they are now with it being a booming market. Things like overheating and efficiency are being constantly addressed and innovated, even over the last 3 years.
Why so surprised?
It'll only wear the sun out quicker.
Impressed by the pay back times quoted on here of 6 years I have done a bit of reading. Here is a creditable article in 'This Is Money.
http://www.thisismoney.co.uk/money/bills/article-1705307/Are-solar-panels-worth-the-cost.html
Here is a quote
"Individual households will receive the generation and export tariffs from their electricity supplier, normally every quarter. Experts say households would normally make their money back on the cost of solar panels within about 15 years, and would continue to profit from the feed-in tariff for a further ten years. "
How on earth is anyone ariving at a 6 year payback?