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Grant for personal individual project to help lower energy cost

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  • GingerTim
    GingerTim Posts: 2,630 Forumite
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    I can't help but think that £1,000 would be better spent on improving insulation, window sealing/upgrades etc.
  • QrizB
    QrizB Posts: 18,505 Forumite
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    I would be surprised by this, the cost of solar panels, inverters and batteries able to supply 230v 50hz to your household is not cheap, certainly above that cost by several multiples.
    In defence of the OP, £1000 would buy you 1500-2000 watts of PV panels, an inverter and enough connecting gubbins to hook it up. And for all we know they're a qualified electrician (or have a friend who is and who had agreed to do the necessary work for beer money).
    But until they give us some details, were just guessing.
    Ayne a gofund me type thing to raise the money but perhaps you can specify what the £1000 buys and then it could become a design for others once up and running?
    I agree that setting up a GoFundMe might be an option. The OP would need to share details of their plan in order to encourage support.


    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
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  • Small scale(<£1000) DIY solar setups are something I’ve done a fair amount of research on, and while they may be useful in some scenarios, after doing the cost calculations the answer has always come out that the money is probably better spent buying an equivalent value of regular old mains electricity. 

    The savings generally worked out as pennies per day based on a full cycle each day under ideal conditions, with no guarantee the cheap equipment would last long enough to ever make back what was invested.

    I’m happy to be proven wrong though! What sort of generation and storage capacity are we looking at within this budget? What’s the payback period and how many cycles will the battery manage over its lifetime? Have you factored in potential future reductions in energy costs over that period (tricky in the current climate)?

    And unfortunately, no, they don’t typically hand out free grant money for creative individuals (such as myself) to self construct dodgy DIY micro generation home power systems for the purpose of reducing energy bills. 

    If you’re struggling to pay, however, it may be more productive to seek direct financial assistance for those bills instead. Suppliers may have various discretionary payments/discounts available to those who need them and there are plenty of very knowledgeable people on this forum who can give advice on reducing energy costs generally. 

    Have you made sure you’re on the best available tariff for example? If not, that would likely produce more tangible and immediate results with no upfront costs than attempting to produce enough of your own energy to support your household.
    Moo…
  • Please I'm not here to judge anyone or find different solutions. I have a practical project and when I find someone who can really help I will go through my equipment needed with them.
    Thanks for all your advice on ideas but already know what is needed.
  • As they say on Dragons Den "I'm out"
  • Xbigman
    Xbigman Posts: 3,916 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I know someone who put two solar panels on his caravan roof, bought a 210amh battery and a 2.3 kw pure sine wave inverter. Total cost (DIY) came in at £850 (4 years ago). He later said it would never pay for itself but did give him the freedom to park up anywhere for a few days rather than just stop on official sites. 210amh might sound a lot but it would be gone in next to no time in a family home and is a non starter.

    If you are short of money and want to cut energy costs you first find the cheapest tariff you can, then you insulate. 



    Darren
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  • FreeBear
    FreeBear Posts: 18,275 Forumite
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    GingerTim said:
    I can't help but think that £1,000 would be better spent on improving insulation, window sealing/upgrades etc.
    Ditto. When I started with *this place, I didn't qualify for any funding. Replacing doors & windows have eaten up a good chunk of my savings, and I had to borrow in order to pay for the new boiler.
    In the grand scheme of things, £1000 isn't a huge sum of money - A personal loan from a bank or credit union would be my suggestion. If the idea turns out to be viable and can be monetized, paying of the loan quickly shouldn't be a problem.
    Her courage will change the world.

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  • MeteredOut
    MeteredOut Posts: 3,148 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 19 January 2024 at 1:05PM
    FreeBear said:
    GingerTim said:
    I can't help but think that £1,000 would be better spent on improving insulation, window sealing/upgrades etc.
    Ditto. When I started with *this place, I didn't qualify for any funding. Replacing doors & windows have eaten up a good chunk of my savings, and I had to borrow in order to pay for the new boiler.
    In the grand scheme of things, £1000 isn't a huge sum of money - A personal loan from a bank or credit union would be my suggestion. If the idea turns out to be viable and can be monetized, paying of the loan quickly shouldn't be a problem.
    I suspect the challenge is that there is no real ROI on the solution, hence the OP wanting a grant rather than a loan.
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