Free solar panel discussion

Jon_Tiffany

mickess wrote: »

If you look up the Fitariffs web site and look for regression you will see a table of the payments. It has anote which covers my point saying that tariffs will be inflated annually. Hope that explains it.
I'd post the link but this forum won't allow me to.

No, you are missing the point.

When the panels are installed you get the current rate which is then 'locked in' and index linked.

In 2021, the rate will be 18p for a new install, it will not be index linked.

Spies

What would the 41.3p be up to in 2021?

Jon_Tiffany

beedydad wrote: »

Hi Mark333333333333333

Companies are not giving the solar PV for free - they make money and the householders will hardly make a huge amount.

If the same people actually worked out buying, even by way of a loan they will actually find that they will be better off and be in profit within 10 years!

We do not know what will happen to these same companies if they go bust - who picks up the pieces? will the creditors take back the kits? or will they charge you for it? What is it worth at a later stage? One company has a linear discount value on the kits over the 25 years - which should give some idea.

Everyone seems happy to state they have kept their utility bills going back to year dot and can monitor whether they have done something "green" and cut carbon emissions by being sensible around the home.
Challenge - however, no one I think - or rather i will lay down a challenge for any existing solar PV users who have had a full working system installed over the last 2 - 3 years can proudly set out there energy production. Obviusly these would be people prior to FIT's but may have benefited from ROC or at least taken advantage of the £2,500 grant. It would have to be able to show at least 2 full years of energy cycle to be valid.

Regards

These companies are giving out solar PV for free. They do not charge for it, so its free. And you get to keep the panels at the end. The householders do not make any money - they save on their bills.

I've already covered what happens if they go bust in an earlier post. There is no way that you could lose out.

I've also said that if you have debt (or take out a loan) you are better off with the free panels. With a loan I think it take more like 15 years to pay back.

mickess

Jon_Tiffany wrote: »

No, you are missing the point.

When the panels are installed you get the current rate which is then 'locked in' and index linked.

In 2021, the rate will be 18p for a new install, it will not be index linked.

Not that it matters as anyway in 2021 there will be other fish to fry, but even the ofgem website seems to agree with my interpretation.

Jon_Tiffany

Spies wrote: »

What would the 41.3p be up to in 2021?

Sorry, my crystal ball is broken today.

Can you tell me what inflation will be for the next 10 years?

Jon_Tiffany

mickess wrote: »

Not that it matters as anyway in 2021 there will be other fish to fry, but even the ofgem website seems to agree with my interpretation.

Could you cut and paste the part you are refering to? I'm happy to be proved wrong.

Gizmosmum_2

rgannon4 wrote: »

I got offered free solar panels from Wirral Council because my home is in a regeneration area but when I told them I had a combi boiler they were not interested and told me solar panels can not be fitted with a combination boiler!

Does anyone know if this is true?

Wirral are talking about solar thermal which heats hot water. Technically it can be fitted to a combi boiler but its more expensive and you need to find somewhere to put a storage cylinder.

The solar this thread is talking about is solar pv which generates electricity, but costs a lot more to install.

mickess

Spies wrote: »

What would the 41.3p be up to in 2021?

It would be 41.3 plus inflation every year until then.

suntechsolar

alzy wrote: »

Looking forward to hear some good news from those that have tried :beer:

Anything that can save money :T

Sorry for late reply, just been directed to this site.

My advice after 18 years in solar collector and system design is to first consider investing money left in banks that is losing money but making the banks big profits, is to replace all outdated appliances with AA rated and in the lighting side look to buy the latest in LED lamps, which can use as little as 3 watts compared to a Halogen at 35-50 watts and last 1,000 hrs.
Even the these 30,000 hr lamps cost £20.00 each, its still cheaper than spending £15,000 on 14-16% inefficent PV panels connected to the grid.

With 60% of our home energy bills covering heating and hot water, its our company plans to market direct to builders a solar central heating and hot water system for around £12,000.
The pending Renewable Heat Incentive (RHI) scheme due to come into affect April 2011 pays out £0.18p per kWh for solar heat genaration for 20 years tax free.
When you look at the latest efficencies of the very best in evacuated tube heat pipe collectors at 92% compared to PV flat panels at maximum 16%, why would you cover your roof in panels for so little energy in return?
around 10m2 of solar PV panels genarates 1,000 watts at peak hours of the day where 10 m2 of solar thermal tube collectors can genarate 6,500 watts at peak hours and 30% more efficent than flat plate thermal panels.

We need to be educated first before jumping down this feed in tarrif route as from the information I have is that the cost of paying out the tariif is being covered by an increase in electricty bills by 33% and for gas 18%

Jon_Tiffany

Jon_Tiffany wrote: »

Could you cut and paste the part you are refering to? I'm happy to be proved wrong.

I take it back, I think you are correct, but the wording is not completely clear. -

"The ‘Table of Generation Tariffs to 2020’ on page 47 shows the tariffs
calculated on the basis of 2010 prices for all years of the FITs scheme,
incorporating annual degression where this is applied. Each year, all of the
figures in the table will be adjusted on the basis of changes in RPI in the
previous year; so in year 2, an installation made in year 1 will be paid the
updated “year 1” tariff; similarly an installation made in year 2 will be paid the
updated “year 2” tariff – and so on future years."