Solar panels Not worth the money

Magnitio

Skintsaver said:

Going back even if I spent £3000 on the system I don't think it would make financial sense. But from a green perspective definitely, anything which can cut our carbon footprint can only be good thing. But even with that in mind you have to look at the impact it makes mining and producing the system, and ensure minimal parts end up as waste at the end of its life span.

I've now read your other thread and it is frustrating that there are cowboy contractors out there taking advantage of the current demand. In your example, it looks like you may have had an underperforming system (possibly a lot less than 2.5kWp) installed by some dodgy contractors at an extortionate price. That will obviously affect your view on whether solar is worthwhile, but as you will have seen from other people who have been fortunate enough to have decent installations, it can provide very good returns.

jimjames

ABrass said:

Skintsaver said:

Personally I wouldn't spend 5k on them I had mine installed under a grant. Before I wouldn't have had them installed and now seeing the saving after 27days I still can't recommend having them. (I happy with mine only due to the grant)

Mines a 2.5kw system 4panels face west 2 face east. Over 27 days I've produced 185kw. Which looking back at the same period last year I've used 42 units less. A saving of £12.18(29p/kwh) for just under a month. When I get a smart meter the remaining 143kw can be sold back at 7.5p/kwh at £10.72. So a total of £23 saving for 1 month. Bear in mind this is probably the month I'll produce the most. Even at £23 every month it'll take 20 years to earn over £5k.

So do I think it's worth it definitely not! 

Add to the future maintenance of changing inverters ect.. Best thing is to buy the most energy efficient appliances turn off what your not using.

Though i wonder what Agile will save me, I need to do estimated calculations for that. 

Why would an August be the most productive month?

But yes, tiny systems at high prices will struggle to pay for themselves. That is a system that people should not pay for.

It's interesting which month is best. I would assume June as longest days but in reality over 11 years that's not proved to be the case.

http://solar-panels-review.321web.co.uk/index.php/yearly-comparison-of-solar-pv

May & July have actually generated more, perhaps due to lower temperatures.

Magnitio

jimjames said:

It's interesting which month is best. I would assume June as longest days but in reality over 11 years that's not proved to be the case.

http://solar-panels-review.321web.co.uk/index.php/yearly-comparison-of-solar-pv

May & July have actually generated more, perhaps due to lower temperatures.

There are also fewer days in June!