EON Solar Panel Deal - £99 but would it affect my house resale

dillsonwheelz

It is very simple and the lease is for the company to rent the airspace above your roof. We do have nationwide solicitors that have been through the lease and agreement and are obviously independent, also not many people use solicitors to look at our leases. It is pretty clear stated all the terms and theres nothing that holds the customer to be liable to pay out large sums of money. Its pretty flawless. I think some people are just trying to nit-pick and find or make issues that aren't there.

Hope this helps

Leif

dillsonwheelz wrote: »

Hi SailorSam, I can see that everyone in this thread is totally confused and misled.

Can you point out how I am totally confused and misled? It helps not to make such an arrogant statement.

dillsonwheelz wrote: »

I hope this helps clear up everyones understanding of how Solar Panel systems work and the financial aspect. It is a common misconception that the money earned is from selling back to the grid. Its my job to correct everyone every single day regarding this, haha.

I was fuilly aware of how the scheme works. Which is why I chose not to have an installation. It is clear that you have a financial connection to a company, presumably Homesun.

Since you have been so rude about other peoples comments, here is a comment I posted earlier:

"The problem as I see it is that you effectively give over control of your roof for 25 years. That would probably squash any future plans for a loft conversion, or an extension involving work on the roof. So you might be reducing the resale value, and in the case of a bungalow I'd be tempted to change that 'might' to 'will'. I had someone come round, and decided against it. A house like mine has panels, and they look okay although they take up all of one side of the roof. "

Would you care to explain how that is "totally confused and misled"?

My opinion is that the return for the householder is so small, and the potential inconvenience so high, that it is not worth it. Better buy cells yourself, if you are so inclined. I know someone who has done just that.

dillsonwheelz

Hi SailorSam, Firstly I would apologise if you or anyone has taken my comment as rude or arrogant, It probably could have been worded better but i felt it was somewhat necessary. There are two concerns here, one is people are thinking you get loads of money for selling or feeding electricity back to the grid, technically you can't export to the grid only locally on the same phase line and pretty much to the immediate houses around you where the voltage has already been stopped down to 240v. Secondly I can see that people are concerned with what happens if you want to sell your property. It does increase saleability of the house as whoever is potentially buying it knows immediately that they will save at least 30 to 40 % off their electricity bill. People were saying that the company takes ownership of the roof which is not true, its the airspace above the roof, the company is not allowed to just do whatever they want with your roof either. It can boost the value too as after the 25 years is up, the system then belongs to the homeowner at the time thus giving them a £15000 solar system with a recently replaced inverter too. All the installation would of been free and maintained which is great. Also like I said the customer or new home owner would have the option to buy out the system for the remainder of the contract.

The new owner would not be able to build an extension out from the roof where the solar panels reside , however they can have a loft conversion but windows would have to be around or on the other available roofs. The installation is all done from the outside and there is only one box the sits flat against the wall in the loft which is the inverter.

Below are a few quotes from the thread which made me to say that people were confused and that the statements where incorrect.

=I thought what happens with these sort of plans is you share the value of any energy that was produced, so if it goes back down the pipes to the grid but the electric company buy it off you.
Lets say it's worth 10p a unit, they'll only give you 5p, the other 5p they keep for themselves, and it's this that is paying for your cheap installation.

=Oh, and when it comes to sale time, I reckon you'll have issues as well in terms of who owns the roof.

=he problem as I see it is that you effectively give over control of your roof for 25 years.

=The real return is for the panel owner who gets an absurdly high amount per kWh fed power back into the grid.



I like this one as it proves how easy and convenient it is to obtain and have installed a free system. Installations done by Carillion EAGA are fully professional and well accredited. I love it when people talk to customers who have had an install and first hand they can hear from them about how effortless installation is. The customer is only required to open their door, sign the document and sit back and have a nice cup of tea while the good lads from Carillion install a shiny new system.

==Some friends of mine have had a free installation of solar panels on their (large) roof, the installation was extremely easy (if you can put up with some scaffolding for a few days). They get free electricity in daylight hours.


Again I would like to say that I am sorry if I came across rude and arrogant, It was honestly not my intention, I only want to help and help people understand the facts as so many people have their own idea and understanding of how these systems work. I can see that you have looked into it a lot more since and that you understand.

Kind Regards

Leif

dillsonwheelz wrote: »

There are two concerns here, one is people are thinking you get loads of money for selling or feeding electricity back to the grid, technically you can't export to the grid only locally on the same phase line and pretty much to the immediate houses around you where the voltage has already been stopped down to 240v. Secondly I can see that people are concerned with what happens if you want to sell your property. It does increase saleability of the house as whoever is potentially buying it knows immediately that they will save at least 30 to 40 % off their electricity bill.

Errr, sorry! "they will save at least 30 to 40 % off their electricity bill. " Could you substantiate that claim?

According to this site:

http://www.servicemagic.co.uk/tips-and-advice/solar-panels-savings.html

"according to the EST, you could save around £200 off of your electricity bill per year by installing solar PV."

Where EST means "Energy Saving Trust". Assuming electric heating, then that is a far cry from the amount you state.

The truth is that most electricity is generated during the day when the home owner is usually away. In that case most electricity is being fed into the grid. Only during the lightest months will there be significant usage of that electricity by the home owner(s) and other residents.

You say that "It does increase saleability of the house". Substantiate that claim.

dillsonwheelz wrote: »

People were saying that the company takes ownership of the roof which is not true, its the airspace above the roof, the company is not allowed to just do whatever they want with your roof either. It can boost the value too as after the 25 years is up, the system then belongs to the homeowner at the time thus giving them a £15000 solar system with a recently replaced inverter too. All the installation would of been free and maintained which is great. Also like I said the customer or new home owner would have the option to buy out the system for the remainder of the contract.

With regard to "the customer or new home owner would have the option to buy out the system for the remainder of the contract." at what price compared to the price of buying it themselves outright at the outset?

dillsonwheelz wrote: »

The new owner would not be able to build an extension out from the roof where the solar panels reside , however they can have a loft conversion but windows would have to be around or on the other available roofs. The installation is all done from the outside and there is only one box the sits flat against the wall in the loft which is the inverter.

In other words you confirm that it does restrict what the homeowner can do with the roof. In effect the solar company takes control of the roof.

dillsonwheelz wrote: »

Below are a few quotes from the thread which made me to say that people were confused and that the statements where incorrect.

=I thought what happens with these sort of plans is you share the value of any energy that was produced, so if it goes back down the pipes to the grid but the electric company buy it off you.
Lets say it's worth 10p a unit, they'll only give you 5p, the other 5p they keep for themselves, and it's this that is paying for your cheap installation.

=Oh, and when it comes to sale time, I reckon you'll have issues as well in terms of who owns the roof.

=he problem as I see it is that you effectively give over control of your roof for 25 years.

And how is that last statement incorrect? You yourself have stated that it severely restricts what you can do with the roof.

dillsonwheelz wrote: »

=The real return is for the panel owner who gets an absurdly high amount per kWh fed power back into the grid.

Sorry but why is that confused or incorrect? It is completely true. You know full well that the government pays an amount per kWh generated that is massively above the normal price that electricity providers charge. Consequently if the homeowner buys a PV installation, it will pay for itself in 8 to 10 years roughly, depending on the amount of cells, and the cost to supply and install.

dillsonwheelz wrote: »

I like this one as it proves how easy and convenient it is to obtain and have installed a free system. Installations done by Carillion EAGA are fully professional and well accredited. I love it when people talk to customers who have had an install and first hand they can hear from them about how effortless installation is. The customer is only required to open their door, sign the document and sit back and have a nice cup of tea while the good lads from Carillion install a shiny new system.

==Some friends of mine have had a free installation of solar panels on their (large) roof, the installation was extremely easy (if you can put up with some scaffolding for a few days). They get free electricity in daylight hours.

Again I would like to say that I am sorry if I came across rude and arrogant, It was honestly not my intention, I only want to help and help people understand the facts as so many people have their own idea and understanding of how these systems work. I can see that you have looked into it a lot more since and that you understand.

Kind Regards

Sorry but I think you are doing a marketing job, rather than a dispassionate presentation of the facts.

In my opinion these systems are potentially fantastic if the homeowner pays for the equipment and installation themselves. Otherwise the returns are not great. If you can substantiate your claim that it increases the value of a house, please do so. My suspicion is that it could reduce the value.

dickiebarber

Hello

I am a newbie on the site, and have just agreed to a survey on my home from EON. My background is with property as an ex estate agent ( now an energy assessor) who worked on selling many of the homes the first eco park in Milton Keynes, known as Energy World i can speak from experience.

The homes had a 15percent hike in price over the other homes built at that time, where the energy saving measures were solar gain, solar panels and highly insulated buildings.

They still hold some of the best energy ratings in Milton Keynes and compete well against newer builds.

So i think it is worth a look as my roof just stops the rain and elements coming in, its otherwise redundant

The other thing for us is we do not have any spare money, we have young children, and i have spent my income insulating, putting in new heating, double glazing and so the cupboard is bare.

Chaosnature

McMillan wrote: »

I guess that you can return your investment (£99) with eon in less than a year. On the other hand it can not bring significant savings and it would definitely affect your house resale price.
I was considering similar offer myself last year, but at the end I decided to build my own 2KW solar panel (for less than £99 :T) out of empty pop-cans.
My advice would be to think it over twice before signing that 25 year contract...

Hi McMillan,
Do you think you can give me directions as to how to produce 2kw energy as you clearly stated you can do?

i will greatly appreciate it if i can get these tips for less then £99 like u said.

Pleeease!!!

)

Leif

dickiebarber wrote: »

Hello

I am a newbie on the site, and have just agreed to a survey on my home from EON. My background is with property as an ex estate agent ( now an energy assessor) who worked on selling many of the homes the first eco park in Milton Keynes, known as Energy World i can speak from experience.

The homes had a 15percent hike in price over the other homes built at that time, where the energy saving measures were solar gain, solar panels and highly insulated buildings.

They still hold some of the best energy ratings in Milton Keynes and compete well against newer builds.

So i think it is worth a look as my roof just stops the rain and elements coming in, its otherwise redundant

The other thing for us is we do not have any spare money, we have young children, and i have spent my income insulating, putting in new heating, double glazing and so the cupboard is bare.

I think people should decided for themselves if having a company install solar cells on their roof is worthwhile but I don't think the comparison to homes in the Milton Keynes eco park is apt, simply because those homes had energy saving measures as part of the house i.e. owned by the home owner.

As an aside, I think the government are planning to increase demands on housebuilders in areas such as insulation, water saving etc. So the Eco homes might be standard fare soon.