recieved my first f.i.t. payment

energysavingexp

i have just recieved my first FIT payment from npower.

i had my solar system installed on april 23rd. and sent my first meter reading on 1st june
so in 38 days i have made £274.93 :j
my gas reading taken in march was 19188
meter reading today is 19188 so no gas used so far.
my gas and leccy account has no standing charge so my next bill should be verry low
last bill was £46 credit
monthly dd is £18 ele & £18 gas
i also get £100 discount for having duel fuel account from them

at this rate they will be paying me:beer:

penrhyn

What was your capital outlay and size of your system?
What do you expect your ROI to be?

Don't quite understand what your gas bill has to do with the price of fish?

energysavingexp

penrhyn wrote: »

What was your capital outlay and size of your system?
What do you expect your ROI to be?

Don't quite understand what your gas bill has to do with the price of fish?

cost of system £12k size is 3.92KW

ROI 8 years

as for the gas i was just trying to point out that my solar hot water system has cut my gas consumption down to zero

pioneer

Do you use an immersion to heat your water via Solar Voltaic Panels or do you have a separate Solar Thermal system to heat your water.

I was going to get solar thermal installed but can't see the point of it now as at peak times I have been dumping all my solar PV into the immersion rather than giving the power away,;)

energysavingexp

pioneer wrote: »

Do you use an immersion to heat your water via Solar Voltaic Panels or do you have a separate Solar Thermal system to heat your water.

I was going to get solar thermal installed but can't see the point of it now as at peak times I have been dumping all my solar PV into the immersion rather than giving the power away,;)

Hi ive got a 3.92Kw pv system and 40 tube solar hot water system

it produces enough hot water from march till november but may, jun ,july, aug, most of the water is diverted to the hot tub to stop the system from over heating.

pioneer

What do you do when you go on holiday to stop it overheating ?

Do you think its worth having both when you could be using the immersion at peak times; I find 15 to 20mins gives me an ample supply of hot water for the day - family of 4.