Solar panels on the roof

Discussion in 'Solar Power' started by Douglas, Dec 24, 2011.

  1. Douglas

    Douglas Read Only Funster

    Joined:
    Aug 22, 2008
    Messages:
    2,837
    Likes Received:
    401
    Location:
    South Wales,
    As an ardent supporter of solar panels I have decided to think again about having them fitted on the house, that's if the government decide to put the tariff back up a bit.

    While trying to list the costs, pro's and con's it suddenly hit me like a bolt from heaven, we are only home for 6 month a year. That means that for 6month every thing I may generate is nearly straight profit.

    I am goint to give this a serious looking at.

    Doug...
     
  2. tonka

    tonka Funster Life Member

    Joined:
    Jul 2, 2008
    Messages:
    5,331
    Likes Received:
    7,584
    Location:
    Cannock, Staffs or Benidorm, spain
    AH !!!
    BUT when are you away ???
    If it's the winter you wont be generating much....

    I keep trying to do the maths to justify a system BUT it never works out as worth doing even with such poor interest rates at the banks.. :cry:
     
  3. Gromett

    Gromett Funster

    Joined:
    Feb 27, 2011
    Messages:
    7,941
    Likes Received:
    14,007
    Location:
    UK
    As I understood it you get payed for the units generated even if you use them yourselves?
     
  4. icantremember

    icantremember Funster

    Joined:
    Sep 2, 2010
    Messages:
    5,059
    Likes Received:
    7,110
    Location:
    Nr Watton in Norfolk
    We had a 4KW array fitted last month:BigGrin:.......just wish we had done it last year.

    I can't see any reasons for not having them installed if you can get the 43.3p FIT and have a suitable roof......otherwise the panel prices will have to be reduced considerably at the lower tariff to to make the figures add up.
     
  5. Douglas

    Douglas Read Only Funster

    Joined:
    Aug 22, 2008
    Messages:
    2,837
    Likes Received:
    401
    Location:
    South Wales,
    Can you enlarge on the red sentence please.

    Doug...
     
  6. Larrynwin

    Larrynwin Funster

    Joined:
    Feb 22, 2008
    Messages:
    8,508
    Likes Received:
    12,714
    Location:
    Norfolk
    I am seriously considering an air source heat pump which could provide central heating and hot water even in cloudy , frosty (as low as -15 degs ) weather.
     
  7. Reallyretired

    Reallyretired Funster

    Joined:
    Apr 27, 2008
    Messages:
    5,706
    Likes Received:
    3,211
    Location:
    Eastbourne East Sussex
    I don't have figures for these installations but I gather they cost a few thousand. Because unlike most other investments you cannot 'withdraw' the money you've paid, you need to get the whole capital cost of the installation back from the FIT before you are actually getting any 'interest' at all on your investment. I don't know how long that would take but possibly several years, by which times the interest on other investments may have changed and it may not be such a good deal.
     
  8. lesleyjean

    lesleyjean Funster

    Joined:
    Jun 21, 2008
    Messages:
    2,151
    Likes Received:
    1,946
    Location:
    Devon
    Well, we thought of having them fitted but,


    I was informed by a knowledgeable person that before the 25 years was up you would have to replace them at your cost.
    They have a lifespan, but not sure what it is, but would not want to pay for them twice.
     
  9. Douglas

    Douglas Read Only Funster

    Joined:
    Aug 22, 2008
    Messages:
    2,837
    Likes Received:
    401
    Location:
    South Wales,
    I once seen a TV program where a guy with some land close to a pine forest laid his pipes under and in a heap of bark chipping about 4 foot x 10 foot x 30 foot and he said he would get at least 3 years use out of it.

    Doug...
     
  10. Larrynwin

    Larrynwin Funster

    Joined:
    Feb 22, 2008
    Messages:
    8,508
    Likes Received:
    12,714
    Location:
    Norfolk
    Yes I had considered ground source but I believe air source are more efficient and certainly less disruptive .
     
  11. icantremember

    icantremember Funster

    Joined:
    Sep 2, 2010
    Messages:
    5,059
    Likes Received:
    7,110
    Location:
    Nr Watton in Norfolk
    IMO if you have spare savings in the bank, at the current panel prices and the FIT at 43.3p it is a no brainer.
    However if the FIT is reduced so it will be necessary for the panel prices to be reduced in order to make the same return that has been possible.
     
    • Like Like x 1
  12. Wildman

    Wildman Read Only Funster

    Joined:
    May 30, 2008
    Messages:
    15,458
    Likes Received:
    8,598
    Location:
    Ilfracombe, Devon
    the firms installing them quote they will maintain them for 20 years, how old will you be then? Will you be bothered beyond that? I am sure most of us will not be worried about owt in 20 years time. It seems to me to be a great investment.
     
  13. Larrynwin

    Larrynwin Funster

    Joined:
    Feb 22, 2008
    Messages:
    8,508
    Likes Received:
    12,714
    Location:
    Norfolk
    Will that firm still be solvent in 20 years ?
     
  14. callumwa

    callumwa Read Only Funster

    Joined:
    Jan 16, 2011
    Messages:
    4,113
    Likes Received:
    4,517
    Location:
    Tyne & Wear, sometimes..
  15. DuxDeluxe

    DuxDeluxe Funster Life Member

    Joined:
    Jul 10, 2008
    Messages:
    9,360
    Likes Received:
    25,094
    Location:
    Planet Zog
    What happens if you have these things on the roof and you move house?
     
    • Like Like x 1
  16. Jim

    Jim Ringleader

    Joined:
    Jul 19, 2007
    Messages:
    25,855
    Likes Received:
    76,225
    Location:
    Sutton on Sea
    I'm not too auf fait with the system Personally, but rather than encourage those that can afford to buy panels and reward them with a sky high price for everything they generate (in the name of global warming:RollEyes:)

    I would rather take the millions the scheme will cost and subsidise fuel bills for pensioners.
     
    • Like Like x 5
  17. Larrynwin

    Larrynwin Funster

    Joined:
    Feb 22, 2008
    Messages:
    8,508
    Likes Received:
    12,714
    Location:
    Norfolk
    There have been several installations in this area and these have been fitted entirely free with surplus fuel rewards going to the panel suppliers.
     
  18. Douglas

    Douglas Read Only Funster

    Joined:
    Aug 22, 2008
    Messages:
    2,837
    Likes Received:
    401
    Location:
    South Wales,
    OK, so if I understand you correctly, and forgive me for going on: at a bank interest rate of <> 3.2% over the life time of the equipment (or my lifetime) the bank pays more.


    Doug...
     
  19. Douglas

    Douglas Read Only Funster

    Joined:
    Aug 22, 2008
    Messages:
    2,837
    Likes Received:
    401
    Location:
    South Wales,
    Jim, forgive me but that is the first socially generous statement I have seen you make, am I miss judging you?

    Doug...
     
  20. icantremember

    icantremember Funster

    Joined:
    Sep 2, 2010
    Messages:
    5,059
    Likes Received:
    7,110
    Location:
    Nr Watton in Norfolk
    The warranty is covered by a third party
     
Loading...

Share This Page