Help with my 3 kw solar panel quote please

shafeeq

Hi

I am looking at solar panel and I have this rough quote. Site survey was done today so will get a full quote soon. Its Sunrise panels any good? also inverter. Thanks for all your help in advance

Shafeeq
Sheffield

3.00 kWh fully installed Solar PV system consisting of:- 12 x 250 Watt Sunrise PV Panels
On a South Facing Roof with an approximate tilt of 30 Degrees
Mounting type: On-roof Aluminium / stainless steel mounting system
G83 certified Aurora inverter c/w integral display
Electrical isolators, RCD and related accessories to ensure the system is safe OFGEM approved generation meter
Full installation, connection, inspection, test and commissioning of the complete system
Building control paperwork
Complete personalised manual in accordance with MCS
Estimated Annual yield 2060 kWh per year *
CO2 Offset : 1106 kg per year **
Feed in Tariff Rate - 21.0 p/kWh


Fully installed price
£4,856.19
Vat 5%
£242.81
Total Price
£5,099.00 plus £300 scaffolding
Projected initial annual earnings and savings £ 561
1st Year Return on investment (index linked and tax free for householders) 12%
Projected total revenue over 25 years £ 24,030
Projected total return over 25 years 495%
Projected annualised return over 25 years 19.79%
Your initial Solar PV System costs will be paid off in less than 8 years

EricMears

No idea on quality of components.

They don't seem to be exaggerating like some SP companies are inclined to do.

The PVGIS Site http://re.jrc.ec.europa.eu/pvgis/apps4/pvest.php predicted a slightly higher yield of 2470Kwh for year; in practice you'd be in with a chance of getting even more most years.

2060Kwh @21p should earn £432 plus another £33 for deemed export total earnings = £464 so they're only assuming that you'll save £100 on electricity bills.

All in all, a pretty conservative estimate.

Their first year projected earnings of £561 is actually only 10.4% of £5399 rather than 12% - though still a lot more than you'd earn in an ISA or have to pay on a loan.

As seems to be the norm, they've made an assumption that there will be a particular rate of inflation over the next 25 years but haven't said what they're using or offered any evidence that it would be accurate.

Have they done an EP assessment on the property (or are they guaranteeing completion before you need one) ? If not, and you're not adequately graded you might only get 9p/Kwh ! Need to confirm that before accepting deal.

shafeeq

Hi EricMears

Thanks that great. They will only do an EP after I agreed to go ahead. I think my house should meet the band d.

The quote they did say was at low side. Its just that every company use different panel and inverters and claim there are the best so not quite sure if sunrise panel are any good.

Thanks again
Shafeeq

EricMears wrote: »

No idea on quality of components.

They don't seem to be exaggerating like some SP companies are inclined to do.

The PVGIS Site http://re.jrc.ec.europa.eu/pvgis/apps4/pvest.php predicted a slightly higher yield of 2470Kwh for year; in practice you'd be in with a chance of getting even more most years.

2060Kwh @21p should earn £432 plus another £33 for deemed export total earnings = £464 so they're only assuming that you'll save £100 on electricity bills.

All in all, a pretty conservative estimate.

Their first year projected earnings of £561 is actually only 10.4% of £5399 rather than 12% - though still a lot more than you'd earn in an ISA or have to pay on a loan.

As seems to be the norm, they've made an assumption that there will be a particular rate of inflation over the next 25 years but haven't said what they're using or offered any evidence that it would be accurate.

Have they done an EP assessment on the property (or are they guaranteeing completion before you need one) ? If not, and you're not adequately graded you might only get 9p/Kwh ! Need to confirm that before accepting deal.

EricMears

shafeeq wrote: »

Hi EricMears

Thanks that great. They will only do an EP after I agreed to go ahead. I think my house should meet the band d.

The quote they did say was at low side. Its just that every company use different panel and inverters and claim there are the best so not quite sure if sunrise panel are any good.

Thanks again
Shafeeq

Not a panel that I've ever heard of (but I'm no expert); hopefully someone else will have.

Are they offering to let you cancel agreement if the full EPC comes back as E , F etc ?

shafeeq

Thanks again

I didnt ask the question, ill ask them tomorrow thanks. I am having a quote from a another company tomorrow.

I have double glazing. Cavity wall, loft Insulation was done recently, so hoping i should get d rating

Shafeeq

WestonDave

What's your house heating like Shafeeq? Condensing gas combi, with double glazing, loft and wall insulation and you'll walk a D - the boiler is pretty critical as it comes with lots of points! Modern gas boiler of any sort will probably do it - electric storage heaters etc and you may have a problem.

shafeeq

Thanks WestonDave

I have central heating and the boiler, I have baxi condensing boiler, which is old.

Shafreq

WestonDave wrote: »

What's your house heating like Shafeeq? Condensing gas combi, with double glazing, loft and wall insulation and you'll walk a D - the boiler is pretty critical as it comes with lots of points! Modern gas boiler of any sort will probably do it - electric storage heaters etc and you may have a problem.

Martyn1981

EricMears wrote: »

No idea on quality of components.

They don't seem to be exaggerating like some SP companies are inclined to do.

Glad you said that Eric. The very thing that jumped off the page (well, screen) at me was that the numbers were reasonable. I certainly hope they get some bonus points for that.

Sadly I know nothing about those panels too. Looked them up via Sunny Design, and boy are there a lot of companies that start with sun, when will the Chinese discover the advantage of 'Aardvark' for marketing! Anyways, they manufacture a very large range of panels, but quite how that helps draw any conclusions - I don't know.

Best of luck to you Shafeeq, nice fair numbers all round.

Mart.

shafeeq

Thanks alk for your advice, also I have been told that I have OLD METER that will go backward, been told that will be extra benefit I will recieve.

Shafeeq

Martyn1981

shafeeq wrote: »

Thanks alk for your advice, also I have been told that I have OLD METER that will go backward, been told that will be extra benefit I will recieve.

Shafeeq

Well ......... not quite!

Best check out section 4, no free lunch I'm afraid:

https://forums.moneysavingexpert.com/discussion/3872445

Mart.

shafeeq

Hi

Thanks again to all for all the help I recieved my proper quote today and I have asked them about EPC their reply is below.

We will be able to help you achieve this (ie by putting energy saving bulbs in etc) – though the installation of PV is the best way to raise the EPC rating of a property. If your property does not reach the level and you chose not to go ahead then the deposit is fully refundable. You also have a 7 day cooling off period where you are free to change your mind. Your deposit is also protected by free insurance which we pay for you as part of our regulatory commitment

3.00kWp Solar PV System
250w Sunrise PV Panels with a 12 year warranty * 12
Aurora Inverter * 1
AC Isolator * 2
DC Isolator * 2
Oftec Meter * 1
Electrical Parts * 1
Safety Signs * 1
Type 4 Plugs * 1
Full roof mounting kit, all cabling and electrical items. * 1
Installation * 1
Scaffolding * 1 £300.00
Total including vat £5,414

Shafeeq