Neighbouring Solar Panels?

RAS

LudaMusser wrote: »

My dad's friend had between 8-10 SP's fitted last week and said it will take eight years to break even on what they cost to have fitted.

That is a 12.5% return on capital; I do not think there is anything else out there that offers over 4% at the moment

Most savings accounts are less than 3%, so even allowing for lost interest, it is a good deal.

G_M

RAS wrote: »

I would think that maybe the neighbour is getting free electricity, whilst the company providing the panels gets the FITS.

The company will get more money but free leccie is not a bad deal.

Why on earth are people speculating about the neighbour's finances? You absolutely NO information on which to base this.

As for the question, if it was an old character property I'd be disappointed and it might put me off, but otherwise? I'm with those who think all new properties should have to have them.

We recently had a windfarm built here. Big fuss, campaign against etc etc. Personally I think it's a no-brainer. They don't look so bad (I quite like them!) but anything that reduces our dependance, however minimally, on Middle East oil and Russian gas, has got to be a good idea.

manda1205

G_M wrote: »

Why on earth are people speculating about the neighbour's finances? You absolutely NO information on which to base this.

As for the question, if it was an old character property I'd be disappointed and it might put me off, but otherwise? I'm with those who think all new properties should have to have them.

We recently had a windfarm built here. Big fuss, campaign against etc etc. Personally I think it's a no-brainer. They don't look so bad (I quite like them!) but anything that reduces our dependance, however minimally, on Middle East oil and Russian gas, has got to be a good idea.

Sorry to go slightly off-topic, but it makes me so angry when people complain about wind farms and solar panels. Would they rather live right next to a nuclear power station? We should all be thinking of our futures and our childrens futures, so what if they make a bit of noise when you're right up close to them, but using the excuse they're ugly on the landscape is just rediculous, they look a damn sight better than a power station!

firsttimetom

If they were on an older building, it might put me off. If they were on a Post war housing estate then not an issue.

If I was buying a house that has solar panels, I would probably be inclined to pay a bit more for a house with solar panels than one without. This is assuming that the owner has purchased the solar panels outright. If they are there through a rent a roof scheme, It would actually be a negative and I would value it considerably less than a house without panels.

myhouse_2

manda1205 wrote: »

I think its terrible that people would be put off by either buying a house with them on or for a neighbour having them on. Surely this should be a way forward and common place to have solar panels. I think every new build should be forced to have some sort of re-newable energy making product, or it can't be built. So no wouldn't put me off at all. Just my two-peneth.

totally agree

suki1001

manda1205 wrote: »

Sorry to go slightly off-topic, but it makes me so angry when people complain about wind farms and solar panels. Would they rather live right next to a nuclear power station? We should all be thinking of our futures and our childrens futures, so what if they make a bit of noise when you're right up close to them, but using the excuse they're ugly on the landscape is just rediculous, they look a damn sight better than a power station!

The problem with renewable energy is often it sounds good, but it's a bit like giving to charity, it can sometimes do more harm than good (see goats from oxfam). There are a few flaws with solar panels and other forms of renewable energy.
Firstly, they are often not environmentally friendly to produce.
Secondly the infrastructure of transformers supplying houses and so on needs to be radically changed. Our electricity supply is designed to go one way, that's to houses and not from them. Too much of these solar panels and we could potentially do a lot of damage. They also don't supply enough energy anyway, you couldn't be wholely self sufficient on wind power or solar panels from your own home.
If we want to have renewable energy that is effective, the only way forward for this island is wave power. It is infinately more powerful than other renewable energies put together.
So arguing whether they look pretty or not is a bit of a

savemoney

Wouldnt put me off unless they looked really bad job and no worse than a crap untidy garden

I like some myself but not rent a roof scheme

JQ.

RAS wrote: »

That is a 12.5% return on capital; I do not think there is anything else out there that offers over 4% at the moment

Most savings accounts are less than 3%, so even allowing for lost interest, it is a good deal.

And what if you want to sell your house in 2 years time, will you get the capital back on top of the sale price - I doubt it?

jennifernil

I think they are only sensible if you are keeping the house for 10 years+.

We have recently had 16 panels fitted, it will take about 7/8 years to get back the money, but then it is all profit.

From the street you cannot see them, they are Sanyo panels, so virtually all black. You have to be above them to see them.

00ec25

Owain_Moneysaver wrote: »

It would make me wonder if the neighbour was some eco-wierdo .

:rotfl:
it would make me wonder if the neighbour is an astute money saver :cool: who has worked out that paying £10,000 to buy solar panels will generate a return of about 10% yield compared to leaving £10k in a savings account paying < inflation
(for as long as the govt offers the guaranteed rate that is )