Free solar panel discussion

slacky555

HomeSun_company_representative wrote: »

Hi slacky555,

I would kindly request to all who would like more in depth technical details of the panels we use to please email in to [EMAIL="customerservices@homesun.com"]customerservices@homesun.com[/EMAIL] where an advisor will get back to you.

For your in depth Technical Survey results I must ask you to contact the Solar Specialist who will have all the details as I only have the basic report which I have advsied you of in my previous post.

Thanks

Krish

I have emailed the above so I will post the reply on here once I get one for you all to see.

And Krish I have already asked for this info from the solar specialist but she said that she doesn't have the details and will pass on to her manager, so I will await either the managers reply or your as it seems to be taking a little while, and no one seems to have the results.

Thanks

Cardew

So the current price for a 3.52kWp system is £14,857.50 and that could change?

What is the price for a smaller solarshare system? and is the £500 and £5 monthly taken into account.

Mcfi5dhc

Cardew wrote: »

So the current price for a 3.52kWp system is £14,857.50 and that could change?

What is the price for a smaller solarshare system? and is the £500 and £5 monthly taken into account.

Hi

Krish has confirmed already that amazingly, the £5 does not go off the total. He hasn't clarified the £500, but I'd bet that that goes in the Christmas fund as well.

On a seperate matter, I wonder if the people who are taking out this offer, can wait until the invertor dies, and then the next day, buy the system??? Or is there a "new invertor charge" for that?

Thanks

slacky555

Another point I have just noticed is that they are fitting different panels as the free system I 3.52kw and 16 panels = 220w per panel where as the solar share is 2.6kw and 13 panels = 200w per panel.

Can anyone see a reason for this would you say that the physical size of the panel is different and is one better than the other I know it kinda depends on the make e.t.c but what would be best for example 10x220w = 2.2kw system or 11x200w = 2.2kw if the panels were of the same quality is there any advantage of the 11 panels system having a possible increased surface area or are the panels normally smaller the less w they are?

Looking at the uksolarcasestudy site I know they are all different makes but also different w an some supprising results could that be due to increased surface area? Or that may be due to factors such as pitch which is yet to be listed for all the systems.

slacky555

I have called Eaga in the end to find out most of the info, the link below is to a pdf file for the spec of the panels they are fitting can you please look and see what you think i have never heard of them.

I dont see why they would be fitting 200w panels to a solar share customers if they could fit the 220w panels that they fit for people having the free system according to Zens website they are the same size.

So why wouldn't homesun/eaga fit the 220w panels for solar share customers so there FIT's are increased for them as the system would be 2.86kw rather than the lower 2.6kw system?

http://www.zenrenewables.com/downloads-en/123

Many thanks for any replies regarding the quality of the Zen panels.

HomeSun_company_representative

slacky555 wrote: »

I have called Eaga in the end to find out most of the info, the link below is to a pdf file for the spec of the panels they are fitting can you please look and see what you think i have never heard of them.

I dont see why they would be fitting 200w panels to a solar share customers if they could fit the 220w panels that they fit for people having the free system according to Zens website they are the same size.

So why wouldn't homesun/eaga fit the 220w panels for solar share customers so there FIT's are increased for them as the system would be 2.86kw rather than the lower 2.6kw system?

http://www.zenrenewables.com/downloads-en/123

Many thanks for any replies regarding the quality of the Zen panels.

Hi slacky555,

As a 2.6kWp system, your property would have been fitted with 13 * 200kW panels made by Kioto and an Invertor by Fronius, although an equivalent unit manufactured by SMA may be used. Both the panels and invertors have a 5 year product warranty.

In terms of performance Kioto guarantee 90% of the nominal output for period of 10 years; not less than 80% of the nominal output for a period of 25 years.

Thanks

Krish

slacky555

HomeSun_company_representative wrote: »

Hi slacky555,

As a 2.6kWp system, your property would have been fitted with 13 * 200kW panels made by Kioto and an Invertor by Fronius, although an equivalent unit manufactured by SMA may be used. Both the panels and invertors have a 5 year product warranty.

In terms of performance Kioto guarantee 90% of the nominal output for period of 10 years; not less than 80% of the nominal output for a period of 25 years.

Thanks

Krish

So why would Eaga specifically say that for my possible install it would be the 200w zen panels? They took all my details and looked at my specific install and answered all the questions I had regarding pitch and shading.

Or is it zen 220 panels you install on the free systems only? But why would Eaga say different.

zeupater

HomeSun_company_representative wrote: »

Hi zeupater,

The price to be paid to purchase the PV system from HomeSun calculated in accordance with the following formula:

303-x / 303 * y = p + prevailing VAT rate.

Key
X = number of months which will have passed since the term of commencement date at the break date.
Y= Purchase Price.
P= PV System Purchase Price.
/= Divide.
*= Multiply.
303 = 25 years 3 months.

This is how you would work out the buyout price. The figures shown below are of a 3.52 system we recently installed on a customer’s property. (This does not imply that you get a 3.52 system from us in the future for this price as the price may drop or increase)

303-12 / 303 * £14,150 = £13,589.60 + Vat (VAT will be at the prevailing rate at the time you decide to buy out. Currently is at 5%)

The above calculation is a buyout price after 12 months. To work out the buyout price for which ever year simply change the “x” value and calculate accordingly.

Krish

Thanks Krish

Not quite straight line over 25 years, I suppose that the extra three months is to cover the administration cost of the transfer of capital assets so 1% of original assumed sales value seems reasonable.

Regarding the VAT issue, the prevailing rate for VAT is currently 17.5% and will move to 20% in January. The 5% is a reduced rate which is applicable to the sale & professional installation of new systems. It is very likely that there is a reasonable concern amongst many potential customers that, because the system will be a 'pre-owned' capital asset transfer from a generating business (not an installer) to an individual, the transfer/sale will be subject to the standard rate of tax (the prevailing rate) at the time of sale. I have been unable to substantiate that there is any dispensation available from HMRC regarding this issue .... do you have details on the dispensation you have based the 5% VAT rate on, or do your potential customers need to check with HMRC directly ???

Regards
Z

sherlock41

:j Just received a phone call from ISIS Solar - we are one of the chosen few - contracts being drawn up now and to us in the next 2 weeks - so excited - watch this space, will keep you posted of developments as they unfold

HomeSun_company_representative

zeupater wrote: »

Thanks Krish

Not quite straight line over 25 years, I suppose that the extra three months is to cover the administration cost of the transfer of capital assets so 1% of original assumed sales value seems reasonable.

Regarding the VAT issue, the prevailing rate for VAT is currently 17.5% and will move to 20% in January. The 5% is a reduced rate which is applicable to the sale & professional installation of new systems. It is very likely that there is a reasonable concern amongst many potential customers that, because the system will be a 'pre-owned' capital asset transfer from a generating business (not an installer) to an individual, the transfer/sale will be subject to the standard rate of tax (the prevailing rate) at the time of sale. I have been unable to substantiate that there is any dispensation available from HMRC regarding this issue .... do you have details on the dispensation you have based the 5% VAT rate on, or do your potential customers need to check with HMRC directly ???

Regards
Z

Hi zeupater,

According to the HMRC site, if we were to sell a solar system only (without installing and commissioning them) then the standard 17.5% VAT rate would apply. (20% VAT from January 2011) – I.e. you go to a shop and purchase panels, you will be charged at the prevailing standard VAT rate.

The reason I mention the reduced rate of 5% is because not only are we supplying you with the panels but we are installing and commissioning them too, as a result the homeowner is generating electricity. Selling a kit on its own and selling a kit plus installing as well as commissioning them are two different cases and for this reason the VAT rates for both cases differ.

If the homeowner would like to buyout after a supplier such as HomeSun supplies, installs and commissions a system on their property, the 5% reduced VAT rate would apply. On the other hand there is no mention on the HMRC site if the 5% reduced rate will or will not change in the future.

Thanks

Krish