Plans to change what households make from solar Feed-in Tariffs 'feels a breach of pro

gefnew

How about the 8 Billion pounds of curtailment payments that the poor people have to pay from their bills.

matt_drummer

Not good either.

gefnew

So my small payments i receive compared to multi nationals is of greater importance in the scheme of things then.

matt_drummer

Not to me, but it is to somebody, obviously.

You'll still receive your small payments though, they just might not go up by quite as much each year from now on.

gefnew

Why do you think they give £7500 for heat pumps to incentive people to adopt a different technology.
then slowly take it away.

michaels

gefnew said:

This is the breakdown at the beginning of having panels fitted 2011.

Hope you are not an accountant as I see nothing about cost of capital nor working in real terms year of installation money.  It you take a number and inflate it by 3.6% compound for 25 years then by the end it LOOKS a lot bigger....

Try rerunning your sheet including a sensible cost of capital, adjusting all cash flows for inflation, factoring in likely maintenance and repair costs (average inverter lifespan is 10 years) and then calculating the IRR - then decide whether this was unreasonable for a new and therefore risky technology.

I guess if we live in an innumerate society then we will make illogical decisions

One little example if it is hard to follow - your table above suggests that 14 years after 2011 (ie this year), electricity will cost 43p per unit, does that seem accurate to you or perhaps those panels are not as lucrative as those nominal numbers seem to suggest!

Qyburn

This is the breakdown at the beginning of having panels fitted 2011.

One little example if it is hard to follow - your table above suggests that 14 years after 2011 (ie this year), electricity will cost 43p per unit, does that seem accurate to you or perhaps those panels are not as lucrative as those nominal numbers seem to suggest!

Conversely a real example is probably getting 15p/kWh for export, and probably exporting more than 50%.

gefnew

To point out the data was provided by the installing companies before installation and has a disclaimer at the bottom of the chart.

QrizB

gefnew said:

To point out the data was provided by the installing companies before installation and has a disclaimer at the bottom of the chart.

RPI at 3.6% but energy price inflation at 9%.

This is a typical example of the blatant lies that solar installers used to (and possibly still do) tell to try and get people to buy their products.

They crop up now and again over on the Green and Ethical forum, too.

gefnew

Full breakdown of the fit system here.
Feed-in tariffs in the United Kingdom - Wikipedia