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Solar Panels

marsman802
marsman802 Posts: 558 Forumite
Hi All

I'm buying a house that has 5 solar panel on the roof - it's south facing in the South West London area.
The panels are under guarantee until 2018 but are owned outright.

Does anyone have any real life examples of what kind of money I can save with this setup?
I'm not aware of any feed in rates on this property.

thanks
«1

Comments

  • teddysmum
    teddysmum Posts: 9,522 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Why not ask the vendor ?
  • marsman802
    marsman802 Posts: 558 Forumite
    I have and, oddly, they don't appear to know...
  • marsman802
    marsman802 Posts: 558 Forumite
    Thanks! Didn't spot that board - much appreciated
  • System
    System Posts: 178,365 Community Admin
    10,000 Posts Photogenic Name Dropper
    marsman802 wrote: »
    Hi All

    I'm buying a house that has 5 solar panel on the roof - it's south facing in the South West London area.
    The panels are under guarantee until 2018 but are owned outright.

    Does anyone have any real life examples of what kind of money I can save with this setup?
    I'm not aware of any feed in rates on this property.

    thanks

    Surely this is information that your solicitor's searches should reveal. All the documentation relating to my solar panels sits with the House Title Deeds, Why would you buy a property with panels and allow the previous owner to retain the FiT payments?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • ajbell
    ajbell Posts: 1,151 Forumite
    5 panels is probably only 1.25 kwp so only a very small system.
    Would probably generate around 1000kw a year and depending on when they were installed earn £150 - £500 a year?.
    4kWp, South facing, 16 x phono solar panels, Solis inverter, Lincolnshire.
  • Cardew
    Cardew Posts: 29,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    All the posts above seem to assume that they are solar PV panels. Could they be solar thermal panels? i.e. provide hot water, not generate electricity!
  • lstar337
    lstar337 Posts: 3,443 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Cardew wrote: »
    All the posts above seem to assume that they are solar PV panels. Could they be solar thermal panels? i.e. provide hot water, not generate electricity!
    5 Panels would be odd for a solar thermal system (though the same could be said for photo voltaic), they are mostly 2 banks from what I have seen.
  • marsman802
    marsman802 Posts: 558 Forumite
    Hi All - the surveyor has come back to me on this.
    Apparently the hot water is provided by the boiler and stored in the storage cylinder (it does has an immersion heater as a backup).
    And then....the solar panels are supplementing the hot water system.

    So its nothing to do with the elec but purely to help heat the water in the Summer months I guess.
  • lstar337
    lstar337 Posts: 3,443 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    marsman802 wrote: »
    And then....the solar panels are supplementing the hot water system.
    Well that doesn't mean much by itself. It could be solar thermal, or it could be photo voltaics diverted through the immersion. If that is all the surveyor has said, then I don't think they fully know what the system is.
    marsman802 wrote: »
    So its nothing to do with the elec but purely to help heat the water in the Summer months I guess.
    Possibly. 5 panels is a lot for a normal home though, how much water is it heating??

    Unless they are very small panels?

    Have you physically seen them?

    Do they look like tubes like this:ET%202.jpg

    Or are they like this:
    alpha_on_roof.gif
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