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do those figures add up? off course they don't.
st999
Posts: 1,574 Forumite
I just had a call from a solar energy company who say that because of the generous feed in tariffs 21p per kWh and 3p for each kWh I generate but don't use, if I get solar panels installed on my roof I could maybe get £1000 a year from the government.
Considering I spend £500 a year on my electricity that sounds a good deal.
They are sending someone to my home at 7 pm tomorrow
They require both my wife and I but she won't give up her bingo night.
Will that make a difference to the sales talk?
Considering I spend £500 a year on my electricity that sounds a good deal.
They are sending someone to my home at 7 pm tomorrow
They require both my wife and I but she won't give up her bingo night.
Will that make a difference to the sales talk?
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Comments
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HiI just had a call from a solar energy company who say that because of the generous feed in tariffs 21p per kWh and 3p for each kWh I generate but don't use, if I get solar panels installed on my roof I could maybe get £1000 a year from the government.
Considering I spend £500 a year on my electricity that sounds a good deal.
They are sending someone to my home at 7 pm tomorrow
They require both my wife and I but she won't give up her bingo night.
Will that make a difference to the sales talk?
FiT would be 21p on a sub 4kWp system and the deemed 50%export would add another 1.6p to this, so a total of 22.6p/kWh generated paid ...
If you use a good proportion of the the generated power yourself you will probably save around £100/year in electricity imports ... therefore to return a further £900 you would need to generate 3982kWh(900/0.226), this would be more than a little optimistic for most, but possible if you are in an ideal location ....
Depending on where you are and the orientation/shading and size of your roof then you would be better off working on a more realistic ~3300kWh/year on a 4kWp system (a large system which would need a bigger than average roof), so around £750 in FiT payments and around £70 to £100 extra in energy savings, so £800 to £850 would be more realistic ... if you achieve more then it's a bonus and therefore you'll not be dissappointed ...
HTH
Z"We are what we repeatedly do, excellence then is not an act, but a habit. " ...... Aristotle
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Hiya, £1,000 would need everything to be perfect, and very good electricity savings too. So probably a little optimistic, is being polite.
If you understand a little about PV and can post some details about your house, I might be able to work out some numbers.
Take a look at this thread for some basics:
https://forums.moneysavingexpert.com/discussion/3872445
Be careful with the salesman, sounds a little suspicious as if he/she hopes to sign you up tomorrow, hence the need for both of you. Even if you like what they say, you should walk away (so to speak) and have a think anyway, or post the details (if you don't mind) and see what others here think of the system specs and price.
Mart.Mart. Cardiff. 8.72 kWp PV systems (2.12 SSW 4.6 ESE & 2.0 WNW). 28kWh battery storage. Two A2A units for cleaner heating. Two BEV's for cleaner driving.
For general PV advice please see the PV FAQ thread on the Green & Ethical Board.0 -
Hi, AHI normally ask for the partner to be present, don't sign anything......it'll probably start at £15k, then when you say, s0d off....he reduces it magically to 12k, then he phones his manager who allows it to be reduced to £10k if you sign there and then, get 2 or 3 quotes.....ask around......get some recommendations......
remember you will need an EPC on your house of a D rating. Most companies will do a 4kWp system for a little less than 8K anyway.
Good luck...I'm sure you know how to show someone the door......:eek:There are three types of people in this world...those that can count ...and those that can't!
* The Bitterness of Low Quality is Long Remembered after the Sweetness of Low Price is Forgotten!0 -
Most companies will do a 4kWp system for a little less than 8K anyway.
I note that a couple of companies are quoting _well_ below 8K, at least on shiny ads.
http://www.greenltd.com/quote/step-one?gclid=CJ3K6M7fq68CFYwMtAody08moA - 6499, http://www.infiniteenergy.co.uk/ - 6850.
And yes - now you will be required to get a D on EPC.
In June, the tariffs will be dropping further.0 -
rogerblack wrote: »I note that a couple of companies are quoting _well_ below 8K, at least on shiny ads.
http://www.greenltd.com/quote/step-one?gclid=CJ3K6M7fq68CFYwMtAody08moA - 6499, http://www.infiniteenergy.co.uk/ - 6850.
And yes - now you will be required to get a D on EPC.
In June, the tariffs will be dropping further.
I can personally recommend Green Ltd as they did my installation in Feb. They quoted realistic figures which will leave you pleasantly surprised once the kWh's start rolling in...
Their advertised price doesn't include scaffolding which is usually £500 but 4kW system for less than £7k is great.4kW PV System installed 21/2/12: Aurora Power One 3.6 Inverter
11x 250w panels West; 5x 250 panels East.
On course for 19.8% ROI in Year 1.
Immersun installed 13/9/120 -
I just had a call from a solar energy company who say that because of the generous feed in tariffs 21p per kWh and 3p for each kWh I generate but don't use, if I get solar panels installed on my roof I could maybe get £1000 a year from the government.
Considering I spend £500 a year on my electricity that sounds a good deal.
They are sending someone to my home at 7 pm tomorrow
They require both my wife and I but she won't give up her bingo night.
Will that make a difference to the sales talk?
a sales person wants both partys to be there to sign you up there and then , the last thing he wants is to spend 3 hours taking to you then you saying I better ask the boss aka wife
sales tatics
free panels will save you about 260 per year not £1000
if you buy a sytem then you are looking at £1000 ish per yearsCreator of the FREE SOLAR POWER BUYER GUIDE.:spam:all over it!!!0 -
a sales person wants both partys to be there to sign you up there and then , the last thing he wants is to spend 3 hours taking to you then you saying I better ask the boss aka wife
sales tatics
free panels will save you about 260 per year not £1000
if you buy a sytem then you are looking at £1000 ish per years
I know a fantasic installation company:spam:Creator of the FREE SOLAR POWER BUYER GUIDE.:spam:all over it!!!0 -
a sales person wants both partys to be there to sign you up there and then , the last thing he wants is to spend 3 hours taking to you then you saying I better ask the boss aka wife
sales tatics
free panels will save you about 260 per year not £1000
if you buy a sytem then you are looking at £1000 ish per years
I'd accept that £1,000 is possible, but only if all the oranges line up. So without roof size, location and orientation, that's a pretty optimistic number.
But, £260 off a free system, would have to be leccy savings. Now that's optimism squared!
Mart.Mart. Cardiff. 8.72 kWp PV systems (2.12 SSW 4.6 ESE & 2.0 WNW). 28kWh battery storage. Two A2A units for cleaner heating. Two BEV's for cleaner driving.
For general PV advice please see the PV FAQ thread on the Green & Ethical Board.0 -
As an example I'm hoping our 3kWp panels will generate 2800 kWh this year and so far this is on track. For 4kWp this would equate to 3700kWh which with the 22.6p (FiT & export) gives £843 so you'd need just under £160 of electricity savings to get the £1000 pa return.Martyn1981 wrote: »I'd accept that £1,000 is possible, but only if all the oranges line up. So without roof size, location and orientation, that's a pretty optimistic number.
But, £260 off a free system, would have to be leccy savings. Now that's optimism squared!
Mart.
I'd be very wary of any company that is using the sales tactics described. Most genuine solar companies abiding by the REAL code of practice will assess your house, provide the quote and let you decide. Sign up on the day is against the code I believe. One of the companies that quoted us had similar tactics and some extremely misleading figures used for RPI over the next 25 years which are complete guesses. High RPI figures used will tend to over estimate the returns you can get.Remember the saying: if it looks too good to be true it almost certainly is.0 -
3.98 kwp south facing
21p fits rate
14p buying per kw
3.1 p export
50% used 50% exported
SYSTEM PRICE £8330.00 AVERAGE PRICE
heres the SAP calculation
Est. Annual Yield
3416.432
Kwh Per Year
Payment For FITS Per Year @ 21p RATE
£717.45
£
Export Tariff Paid Per Year
£52.95
£
Fuel Bill Savings Per Year
£239.15
£
Investment Payback Period (years)
8.25
Years
Total Annual Payments
£1,009.56
£
Life Time Benefit
£25,238.89
Creator of the FREE SOLAR POWER BUYER GUIDE.:spam:all over it!!!0
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