solar panel quote, is it reasonable?

eddy1

Hi 
currently looking to get solar panel and battery system installed 
had recent quote

14 x Trina 395 black monocrystaline panels
3.6k  lux hybrid inverter
2 x greenlinx 3.2 kwh battery system 
 all fitted with documents completed, warranties etc.., HIES warranty 
MCS registered company 

£12395

is this reasonable and fair price as I have had similar priced quotes from 3 other companies, and thinking of going with this one

not heard of greenlinx batteries, but got 10 yeear warranty
panels have 15 year warranty and 25 yr performance warranty 

estimated payback, break even in year 7-8 

thanks for any feedback 

Risteard

eddy1 said:

is this reasonable and fair price as I have had similar priced quotes from 3 other companies

You've probably answered your own question.

eddy1

Yes, I was thinking that as I typed it, but wondering if prices are going up or is this standard quotes from large companies

Risteard

eddy1 said:

Yes, I was thinking that as I typed it, but wondering if prices are going up or is this standard quotes from large companies

Prices are constantly increasing, and at quite an alarming rate. It definitely won't get any cheaper.

Ebe_Scrooge

eddy1 said:

£12395


estimated payback, break even in year 7-8 

thanks for any feedback 

My only question would be regarding the estimated break-even point.  Obviously it can vary enormously depending on your location, usage patterns, and a whole host of other variables.  Your estimate sounds a tad optimistic - did that come from the companies providing the quotes, or from your own research?

If that's an accurate estimate then it sounds like a no-brainer.  My niggling worry with anything like this, though, is that you'll never get your money back - it'll need replacing before it's paid for itself.

If you've done the research and done your own sums then great - but it's a heck of an outlay if you'll never recoup the cost.

eddy1

HI, it was from the prediction from installer 
a new quote estimated payback at 6 years , based on smaller initial cost and same solar generation as the initial quote
dilemma is go with very large company, not heard of batteries or inverter, but better insurance and established feedback 
or, relatively new company, cheaper, well known batteries and inverters, also neighbour has install from them and had no problems

cheers

Skintsaver

My advice keep your money in a high interest account. You'll easily make £500 a year at current rates.