Feed In Tariffs(FIT) Announced.

ninjaryder

daytona600 wrote: »

£8-12k will get you a whole church roof full of solar panels
40 x 185wp about 7kwp or 52 metres square metres for under £12k
mcs certified pv panels
for grants and fit feed in tarrifs
just shop around
and will offer payback of about 8years or less

I would like to know who will do 40 panels for under 12k!
:T

2010mcv

Hi

Can anybody tell me if this statement from a local company is true:

It is important to recognise that the Feed-In-Tariff remains with the person that registers as the investor. This means that if you move house you continue to receive the Feed-In-Tariff payments on your previous property. The new owners will have the benefit of reduced grid electricity bills.

I can't find confirmation of this on any of the energy saving sites and am suspicious that this company are claiming this if it is not true.

Thanks

Cardew

2010mcv wrote: »

Hi

Can anybody tell me if this statement from a local company is true:

It is important to recognise that the Feed-In-Tariff remains with the person that registers as the investor. This means that if you move house you continue to receive the Feed-In-Tariff payments on your previous property. The new owners will have the benefit of reduced grid electricity bills.

I can't find confirmation of this on any of the energy saving sites and am suspicious that this company are claiming this if it is not true.

Thanks

Welcome to the forum.

Apart from joking, the only thing I can think of is confusion with a scheme like A Shade Greener.

This is a company that instals PV systems for free but gets the FITs. So if an owner sells their house, the FITs still go to A Shade Greener.

That said I suppose it would be possible for a lawyer to draw up a house sale contract where the new owner would have to pay FITs to the previous owner. In the same way if an owner let his house the rental agreement might stipulate the owner got the FITs.

However in the normal course of events the FITs would transfer to the new owner.

Kizan

My understanding is that the FIT stays with the property and is NOT transferable if you move house.

So, for example, if you install a PV solar system this year then move house in 5 years, the new homeowner will benefit from:

1. Cheaper electricity (courtesy of the PV system installed by you)

2. The incoming FIT cheques from the utility company for the remaining 20 years

My understanding is that if you install a PV solar system you benefit from:

1. Cheaper electricity, as you are generating your own, therefore your utility company bills reduce accordingly

2. Your utility company pays "the householder" cheques for 25 years

3. The FIT cheques are at a fixed rate - currently 41.3p for ALL units of electricity generated, PLUS an extra 3p per unit for all units which are subsequently fed back into the national grid

4. The "FIT" is tax free, index linked and guaranteed for 25 years

I hope this helps. By the sound of it the salesman was talking out of the wrong orifice :shocked:

PS - My example above is based upon a normal home owner buying a PV solar system in the first place - not a "rent a roof" scheme. With these schemes I ASSUME the PV panel owners (ie the person or company who paid for them in the first place) continues to receive the FIT cheques irrespective of how many times the house changes hands

John_Pierpoint

http://www.pv-tech.org/tariff_watch/

The currency appears to be the Euro.

There is also a list of the top ten companies manufacturing different sorts of PV technology for 2009. Most of them names we have never heard before.
What concerns me is that this market is evolving so fast that we will take the plunge and make a purchase in a technology expected to last 25 years and the supplier will be out of the market within 5 years.
(Sitting and looking at your laptop - can you remember when a BBC "Acorn" was "state of the art" for personal computing.)

That said the UK will never be a major market for solar PV - we just don't get enough sun.

So I feel a bit like a farmer in Africa looking at the vehicle market and needing to identify the Toyota Landcruiser as the only realistic option.

http://www.pv-tech.org/news/_a/vlsi_research_reveals_top_10_solar_equipment_suppliers_in_2009_sales_to_top/

Here is another example of how this potentially massive, probably regressive, redistribution of wealth FiT taxation system is creating changes.

http://www.solarpowerportal.co.uk/news/british_gas_starts_15_million_free_solar_457installations879_scheme/

Finally - surprise surprise - in this rapidly evolving market the "average" experience of the installers is actually falling. Think about it: if a market more than doubles in a year the experience of the average installer must be less than 12 months.
Something similar happened in Austria during the 1970's oil crisis - the government, with no fossil fuel resources put its incentives into Heat Pumps and some very inefficient badly designed systems were installed.
Beware of entering cowboy country:
http://www.solarpowerportal.co.uk/news/warning_solar_hazards_-_cloned_branded_modules_and_transformerless_inverter/

noncom_2

John_Pierpoint wrote: »

Finally - surprise surprise - in this rapidly evolving market the "average" experience of the installers is actually falling. Think about it: if a market more than doubles in a year the experience of the average installer must be less than 12 months.

Not so. If the "average" (ie mean) experience today is 5 years (for example), and the industry doubles in size in one year, the mean experience next year would be a little over 2.5 years.

Having said that, one of the first questions I asked companies who came to quote for me was how long they'd been in business doing this kind of work, so it's not exactly hard to find the more experienced ones.

John_Pierpoint

Ah but perhaps I meant the median or more likely the mode.:D

The story of my life is that I was in the central heating game during the mid 1960's.
I switched to plastics in the late 60's (remember the career advice given at the start of "The Graduate" )
and in the 1970's I got sucked into computer software.

All of these were boom industries at the time and I saw some "entrepreneurs" making serious money - some of them shall we say "chancers". Intelligence was not really a prime requirement; in fact it was almost a disability as too good an imagination made you aware of the risks you were running.

All the above three commercial enterprises have an underlying science, but in the initial stages reading the manual and doing a bit of trial and error to build up experience, was the order of the day.
Theoretically we are now covered by the "competent person" rules but methinks there is something of a "gold rush " at the moment.

noncom_2

No, I don't disagree with the thrust of what you are saying, that a fast growing industry will almost inevitably mean there are many highly inexperienced companies peddling their wares.

I was merely nit-picking your statistics - the average punter can't remember from school maths the three types of average, and will almost certainly use the word to denote "mean value".

Andy

Goldwing1

I've just received an e-mail from Scottish Power. It would appear from the badly worded letter that I may be liable to pay VAT on the cashback money I receive. The key part of the form states;

"You are reminded that the tax shown on the self-billing invoice is your output tax and should be paid to H.M. Customs and Excise".

Thoughts please? I will be e-mailing SCottish Power for an explanation as well.

Goldwing1

Clarification received. It reads;
"Some late developments resulted in us having to clarify the VAT status of our customers.

This only really applies to generators with a self-employed and commercial status so would not be applicable to yourself."

Sounds OK to me.