Free solar panel discussion

slacky555

Got the answer which was a no so no solar panels for me

Their loss!

Will have to get saving n buy my own!

grahamc2003

For example: £15,000+VAT as the starting price and straight line depreciation over 25 years. This gives a system price reduction of £600/yr – so after 1 year the price would be £14,400+VAT; after 5 years £12,000+VAT; after 10 years £9,000+VAT and after 20 years £3,000+VAT.

Hope this helps.

Krish Patel - HomeSun Ltd.

Hello Krish, I'm following this thread with interest.I must say, I'm very surprised at your buyout price - seems to me you'll have loads of people buying their system after a few years. The reason I say this is let's assume we have 50% inflation after say 10 or 15 years . At that time, (say 12.5 years for simplicity) the cost of buyout will be £7.5k+vat (which at today's prices would be £5k +vat), yet the fit would have escalated by 50%, to something like £1800pa, or £1200pa at today's prices. The yield to the buyer would then be something like 24%pa (and of course that is the yield Homesun is giving up). The yield gets bigger each year under the buyout option, as the capital cost goes down (both due to your writing down of the cost, and inflation) while at the same time the fits rise due to inflation. While this is great for your customers, it doesn't seem to make much sense to Homesun, as far as I can see.

Am I missing something here?

Doc_N

Nang wrote: »

I have Fixed page 2 now.

On this section of the site I will include more info about the systems, the monthly KWhs (rather than income) and how they are progressing in terms of meeting the expected yearly outputs that were specified by the installers (on the Micro Generation Scheme certificate).

Nang..

Great stuff, Nang - and incredibly useful. Thanks for taking the time and trouble to do this. Your site's becoming a very valuable resource.

The only other variable I'd be interested in seeing, if it's at all possible, would be the pitch of the three roofs. Simply because the pitch makes quite a difference to the yield, according to the time of year.

Nang

Doc_N wrote: »

Great stuff, Nang - and incredibly useful. Thanks for taking the time and trouble to do this. Your site's becoming a very valuable resource.

The only other variable I'd be interested in seeing, if it's at all possible, would be the pitch of the three roofs. Simply because the pitch makes quite a difference to the yield, according to the time of year.

Good idea and Thanks for your feedback.

It doesn't have this info on the MCS cert so i will have to fish out that protractor from school that i never thought i would need again?



Fundire do you know yours by any chance?

Nang..

furndire

Its either 46 or 49, so very steep (works well re snow sliding off quite quickly, see post 1583) got to find some paperwork to check. I got your email, I'll sort out tomorrow. Facing slightly SE. Discovered how far the shadow from neighbours huge poplar tree reaches when the sun is this low. Something people need to take into account at this time of year - this is the time of year to check for things like this. Luckily they don't shadow until quite late in the afternoon

Nang

furndire wrote: »

Its either 46 or 49, so very steep (works well re snow sliding off quite quickly, see post 1583) got to find some paperwork to check. I got your email, I'll sort out tomorrow. Facing slightly SE. Discovered how far the shadow from neighbours huge poplar tree reaches when the sun is this low. Something people need to take into account at this time of year - this is the time of year to check for things like this. Luckily they don't shadow until quite late in the afternoon

Not just you with shading problems.

With low sun (started end of Nov) My neighbours roof shades the lower section of the right hand side of the panels from about 1:00, about 1-2 panels.

But Once you have shading on one string I think (someone will put me straight) that all the other panels in the string only work as effectively as the shaded one. So on a really sunny day I reckon I lose about 1-2 KWh because of it, on cloudy days doesn't really make a difference.

Reckon the problem will be apparent till end of Feb when the sun starts to climb again.

Not sure I can ask the neighbour to knock down his house, so I reckon you might have more luck with your tree issue.

Nang..

sarajames101

If you want no fees at all try myenergystation they have no charges.

They don't rely on 40o of south either, apparently and will go up to East or West at the moment and fit plenty.

Some panels still work despite being shaded. Some have diodes in them that bypass a cell. Some don't ( usually cheaper alternatives ).

Kontiki

Good website with clear information Nang, had my installation done Nov 16th so I'm not expecting to get any decent performance with all the bad weather & the sun being so low in the sky. Keeping a daily record at the moment of my output. A useful bit of FREE app for your iPhone (if you have one used {I don't but the daughter has one} ) SOLARCHECKER "Is it worth having a photovoltaic plant on my roof?" I also downloaded other FREE software from the Sunny Boy website which allow me to get data direct from the inverter.
Since 16/11/10 to today I have produced 55kW

My System:
PV array AS-5M-185W x 21 = 3.885 Kw
Inverter SMA SB 3800
Orientation Approx. WSW
Predicted Annual Yield 2932kW

HomeSun_company_representative

grahamc2003 wrote: »

For example: £15,000+VAT as the starting price and straight line depreciation over 25 years. This gives a system price reduction of £600/yr – so after 1 year the price would be £14,400+VAT; after 5 years £12,000+VAT; after 10 years £9,000+VAT and after 20 years £3,000+VAT.

Hope this helps.

Krish Patel - HomeSun Ltd.

Hello Krish, I'm following this thread with interest.I must say, I'm very surprised at your buyout price - seems to me you'll have loads of people buying their system after a few years. The reason I say this is let's assume we have 50% inflation after say 10 or 15 years . At that time, (say 12.5 years for simplicity) the cost of buyout will be £7.5k+vat (which at today's prices would be £5k +vat), yet the fit would have escalated by 50%, to something like £1800pa, or £1200pa at today's prices. The yield to the buyer would then be something like 24%pa (and of course that is the yield Homesun is giving up). The yield gets bigger each year under the buyout option, as the capital cost goes down (both due to your writing down of the cost, and inflation) while at the same time the fits rise due to inflation. While this is great for your customers, it doesn't seem to make much sense to Homesun, as far as I can see.

Am I missing something here?

Hi grahamc2003,

The £15k was illustrated to make the calculations and the numbers simple. The cost will obviously vary between systems and the customer will need to make a decision at the time they decide to buy out.

It is also true, those customers who buy out right will gain all of the FIT’s from the start however the reason why not many people are buying out right is because they don’t have such funds available. Should a customer buy out right then they should be aware that it will be the customer’s responsibility when additional costs are incurred such as maintenance & parts. On the other hand under our schemes we would bare the costs of maintenance and any additional costs there might be such has the inverter etc.

As I have recently been approved by MSE of being an official company rep on this forum, I am not too keen in to going to great detail as it would violate some rules. I hope you can understand.

Thanks

Krish

HomeSun_company_representative

slacky555 wrote: »

Got the answer which was a no so no solar panels for me

Their loss!

Will have to get saving n buy my own!

Hi slacky555,

I have received your email which I have forwarded on to the relevant person for a final decision. I will email you directly as soon as I hear back from them.

Thank you for your patience.

Krish