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Free solar panels - decrease property value?

13

Comments

  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    jimjames wrote: »
    My understanding is that the govt have guaranteed they will be paid for 25 years, who knows what might happen after that. I guess it depends how little you trust the govt promises:)


    I would be more concerned what they might do in the next 5 - 10.:(
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Toby1990
    Toby1990 Posts: 53 Forumite
    The sun won't give out more energy, they will just make them more efficient on cloudy dim days. Nothing major.
  • anselld
    anselld Posts: 8,687 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 5 September 2011 at 5:36AM
    Toby1990 wrote: »
    They do not return there money, dont buy them. We worked it out it would take about 30 years to pay them back, and thats if they don't drop the feed tarrif which they will. If you move into a house with solar (eletrci) pretty sure you don't get the tariff, could be wrong.

    Solar thermal and air source heat pumps are the only ones worth considering.

    That is completely incorrect. You have done your sums wrong if you think solar thermal or air source outperform PV on the current tariffs. PV payback will be 7-10 years on the current tariffs.
  • jimjames
    jimjames Posts: 18,928 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Toby1990 wrote: »

    We are near the bottom in Europe for renewables. When I'm in Austria some times, there are solar thermal panels everywhere! Goverment can't be that bothered about being green if we're behind most of Europe.
    Hence the reason why they are being promoted now.

    The only FIT being stopped is large scale ones which was because it was being (ab)used by investment companies rather than those generating small scale themselves.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Ulfar
    Ulfar Posts: 1,309 Forumite
    There will be better alternatives in the next 5-25 years.

    The ones I am keeping an eye on are solar tiles which replace your roof tiles directly.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Go down to the local tip and get an old radiator. Stick it on your roof and put in a bit of plumbing. Not nearly as efficient as a modern solar panel..... but tons cheaper!
  • phoebe1989seb
    phoebe1989seb Posts: 4,452 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    G_M wrote: »
    Go down to the local tip and get an old radiator. Stick it on your roof and put in a bit of plumbing. Not nearly as efficient as a modern solar panel..... but tons cheaper!

    .........and just as attractive, lol :rotfl:
    Mortgage-free for fourteen years!

    Over £40,000 mis-sold PPI reclaimed
  • daisbuys
    daisbuys Posts: 127 Forumite
    The FIT payments are regulated by OFGEM, and are subsided by the electrical companies, who charge us the bill payer approx £11 a year each to subside the FIT payments to these companies or people who own their systems.
  • daisbuys
    daisbuys Posts: 127 Forumite
    Still the value or saleability is still a dark area at present :(
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    G_M wrote: »
    Go down to the local tip and get an old radiator. Stick it on your roof and put in a bit of plumbing. Not nearly as efficient as a modern solar panel..... but tons cheaper!

    solar hot water not PV which is what the OP was talking about.
This discussion has been closed.
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