We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
getting solar pannels
Comments
-
so true on all levels thanksExiled_Tyke said:
small amounts of heating from PV is likely to be a good strategy. When I'm working at home on a sunny day I have an electric radiator which I can set at 400,600 or 1000 watts. In my small office 400 is usually fine. This is substantially cheaper than heating the whole house with the gas central heating.markin said:
As markin suggests if you can sell leccy at a price no matter how low, then do that rather than use it unnecessary.
As for gas prices in the future? Who knows. I'm guessing as more electricity comes in from renewable sources the difference between gas and electricity may well narrow which will point towards using more PV generation for heating.Joe1 -
Back to your original question:
Let's imagine you are offered a 4kWp system for £5k (a bit higher than it would've been last year, but that's life).hosay299 said:Hi we are things of getting solar panels what is the best way to work out if it is worth it or not
what info do u need??In a good location that might generate 4000kWh/yr. Without a battery you might use 1600kWh and export 2400kWh.- Self-use @ April's capped variable tariff: 1600 *0.28 = £448 saving on electricity bill
- Export @ Octopus's Outgoing fixed rate: 2400 * 0.075 = £180 credit
That's a total return of £628/yr, a payback period of 8 years, and a 25-year ROI of 4.7%.This is not guaranteed; we're all hoping that electricity prices fall from 28p/kWh eventually, and Outgoing fixed will probably fall then too.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.3 -
I have had a 4 kwp system for over 6 years and get about 4300 kwh a year.
If you heat hot water using excess generation and use generated power wisely then you can use over 60% possibly more.
Probably all have electric cars soon.0 -
Thanks for information looking into getting my 1st house and going green.Joe0
-
If the install is done right, can only be a good investment. In the ideal world solar panels & airsource heatpumps coupled with a sufficiently insulated & ventialled home would be the answer.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
