Forum-Gallery-Shop-Sponsors

« Advertise on Freel2.com

Home > Off Topic > solar Panels FiT pays for them
Post Reply  Down to end
Page 1 of 2 12>
Print this entire topic · 
npinks



Member Since: 28 Jun 2007
Location: Ls25
Posts: 20090

United Kingdom 
solar Panels FiT pays for them

Had a call from power house, they say I could be eligible for self funding solar panels

Basically it sounds like the Feed in Tariff and the surpluss pays for them, they are mine on my roof not leased to them, so I have any repairs or warranty work that's required, they say they could save up 75% and the saving is basically used to pay off a loan which the FIT pays off, as long as they are working and days get lighter they will generate electricity

Anyone looked into this type of scheme?

Sounds like it will pay off over x years, then I reap the benefit for Y years after it's paid off Former Mod/Member, with the most post & Chicken George Arch nemesis

Post #229124 15th Jul 2014 7:07 pm
View user's profile Send private message View poster's gallery Reply with quote
chicken george



Member Since: 06 Dec 2007
Location: N. Yorks
Posts: 13288

United Kingdom 2008 Freelander 2 TD4 XS Manual Santorini Black

Im never sure of these fancy schemes just go to few reputable solar installers get a few estimates and some predictions on solar energy levels you can expect.
The savings will be minimal if there is nobody in your house all day to actually use the leccy produced anything not used is fed back to the grid at no benefit to you. you can get a little box that switches your immersion heater on/off to use the solar energy , but at a cost
solar thermal might be more useful to most people as it can be heating the water all day whilst your all out.

you wont get a full fit level unless your house already passes a high energy efficiency standard, so not worth considering if there are any insulation needs / out of date boilers etc.

even my chicken shed had to have a EPC test before I qualified for full fit rate At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

Post #229127 15th Jul 2014 7:28 pm
View user's profile Send private message View poster's gallery Reply with quote
npinks



Member Since: 28 Jun 2007
Location: Ls25
Posts: 20090

United Kingdom 

There coming out to see me and most likely put the hard sell on

I'll see what they say, could do the washing drying pool heating through the day and use 'leccy produced Former Mod/Member, with the most post & Chicken George Arch nemesis

Post #229128 15th Jul 2014 7:31 pm
View user's profile Send private message View poster's gallery Reply with quote
chicken george



Member Since: 06 Dec 2007
Location: N. Yorks
Posts: 13288

United Kingdom 2008 Freelander 2 TD4 XS Manual Santorini Black

but if you get no sun and your leccy devices come on its costing you. a smart box only turns things on whilst the solar is kicking out power. ideally an immersion heater so the waters already hot before the gas boiler starts up, not applicable to combi boilers

ideally youd charge a battery bank and use the power in the evening , but as with electric cars the technology just isn't ready yet At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

Post #229131 15th Jul 2014 8:14 pm
View user's profile Send private message View poster's gallery Reply with quote
npinks



Member Since: 28 Jun 2007
Location: Ls25
Posts: 20090

United Kingdom 

I know they don't produce as much leccy, but how much less on a cloudy day

Not sure what this chart means apart from the red line is the last 12-24 month usage the green bars are this years months

Does that mean I used about 10kwh of leccy on average a month?



If panels pointing south make 4kwh a day that can't be right Shocked Former Mod/Member, with the most post & Chicken George Arch nemesis

Post #229133 15th Jul 2014 8:20 pm
View user's profile Send private message View poster's gallery Reply with quote
chicken george



Member Since: 06 Dec 2007
Location: N. Yorks
Posts: 13288

United Kingdom 2008 Freelander 2 TD4 XS Manual Santorini Black

it will be 10 kwh per day average or similar at say 17p/kwh does £1.70 a day sound right?

4 kwh panels means maximum output of 4 kwh so on a superb day will maybe give out 25kwh so 25* fit of 14p plus energy saving of max 10 kw * 17p.


you can expect around 7 -11 kw average per day over a year so approaching £3 a day if your using plenty of the energy yourself, £1000 a year savings+fits . install cost £5000+????

my 10kw system south facing gives off 8700 kw/year. I use pretty much 100% of the energy so not a bad investment. only a requirement for a mega bucks new transformer prevents me from expanding the system At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

Post #229135 15th Jul 2014 8:41 pm
View user's profile Send private message View poster's gallery Reply with quote
realspeed



Member Since: 26 Mar 2011
Location: East Sussex
Posts: 574

United Kingdom 

If a deal sounds too good to be true then it is too good to be true.

Friend of mine has solar panels fitted on his roof and it will take at least 15 years before he starts seeing a return on his capital outlay. Yes He does get small cheques from the electricity from time to time but no where near enough to make it Viable to recover the thousands of pounds on the capital outlay Ex 2010 Freelander2 GS-e Diesel manual Silver owner

Post #229138 15th Jul 2014 10:13 pm
View user's profile Send private message View poster's gallery Reply with quote
3disco



Member Since: 18 Apr 2014
Location: devon
Posts: 659

United Kingdom 

I have a 4kw system installed two and a half years ago at a cost of £8250 should pay for itself in four years latest cheque from British gas £642 plus fee electricity works for me!

Post #229143 15th Jul 2014 11:14 pm
View user's profile Send private message View poster's gallery Reply with quote
SimonB



Member Since: 23 Feb 2011
Location: Berkshire
Posts: 202

United Kingdom 2011 Freelander 2 SD4 HSE Auto Stornoway Grey

Also have a 4kw system on the original tariff, so much better return. Expect to have paid the system off in 6-7 years.

Bills are cheaper in the summer, and I know we use less lighting, but we have a lot of LEDs anyway, but use air con on warm days and fridges and freezers work harder, so definitely seem to see some benefit from self generation.

With the current tariff I'd think twice.

Post #229166 16th Jul 2014 1:36 pm
View user's profile Send private message View poster's gallery Reply with quote
chicken george



Member Since: 06 Dec 2007
Location: N. Yorks
Posts: 13288

United Kingdom 2008 Freelander 2 TD4 XS Manual Santorini Black

the tarrif has dropped but the capital outlay has dropped hugely too, payback for me is around 5 years but the £/kw cost drops considerably as the size of the set up increases and domestic set ups often cost extra due to scaffolding costs etc. a neighbour has recently installed 4 ground mounted sites totalling 700kw he payed way less than £1000/kw. At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

Post #229176 16th Jul 2014 3:43 pm
View user's profile Send private message View poster's gallery Reply with quote
tenet



Member Since: 23 Jul 2009
Location: cotswolds
Posts: 1079

United Kingdom 2015 Freelander 2 SD4 SE Auto Orkney Grey

Have a look through Martin Lewis's "Money Saving" site. Can't stand the smug barsteward myself but sometimes well worth a read.

http://www.moneysavingexpert.com/utilities/free-solar-panels MY 09 GS manual in Lago Grey, Wood Co arm rest and side bumper strips - now sold.

MY 15 SD4 SE Auto Orkney Grey with colour coded Bumper Door Mouldings

Post #229178 16th Jul 2014 4:15 pm
View user's profile Send private message View poster's gallery Reply with quote
dunkley201



Member Since: 09 Jul 2011
Location: Lincolnshire
Posts: 2739

United Kingdom 2010 Freelander 2 TD4 HSE Auto Stornoway Grey

I have a 3Kw system fitted over 2 1/2 years ago on the original tarrif. So far production has been over 2,650 Kw average per annum paying about £1250 per annum in FIT payments. Capital payback will be within 7 years at this rate. Put another way, the FIT payments exceed my total electric AND gas payments per annum. FIT payments are guaranteed for 25 years (now just over 22 to go) and adjusted for inflation. It's a no brainer! Thumbs Up

Not sure if I would go for the OPs proposal though - especially as FIT payments have now been reduced considerably. 10MY (Sept 09) TD4 HSE Auto in Stornoway Grey (Now Gone)

08 FL2 TD4 SE Manual in Rimini Red (Now Gone)

Post #229193 16th Jul 2014 8:48 pm
View user's profile Send private message View poster's gallery Reply with quote
npinks



Member Since: 28 Jun 2007
Location: Ls25
Posts: 20090

United Kingdom 

Even though the FiT is reduced it still generates enough to pay off the cost to have them install, but how long does it take, if it's near on the life expectancy of the panels it's a big waste of time

My epc also says I might be able to have floor insulation, not sure how that could be done to a solid concrete floors though Former Mod/Member, with the most post & Chicken George Arch nemesis

Post #229194 16th Jul 2014 9:11 pm
View user's profile Send private message View poster's gallery Reply with quote
chicken george



Member Since: 06 Dec 2007
Location: N. Yorks
Posts: 13288

United Kingdom 2008 Freelander 2 TD4 XS Manual Santorini Black

I had to have a commercial epc £500 Evil or Very Mad but my sheds got a b grade, to receive full Fit you need a grade D or better

sensible policy if your not a grade D then money is better spent on rectifiying the problem rather than solar.


the box of tricks I mentioned earlier. I don't have one as my panels are on chicken shed not my home, so Im using all the power anyway
http://www.immersun.co.uk/ At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

Post #229201 16th Jul 2014 10:32 pm
View user's profile Send private message View poster's gallery Reply with quote
npinks



Member Since: 28 Jun 2007
Location: Ls25
Posts: 20090

United Kingdom 

I am grade D Thumbs Up Former Mod/Member, with the most post & Chicken George Arch nemesis

Post #229202 16th Jul 2014 10:50 pm
View user's profile Send private message View poster's gallery Reply with quote
Post Reply  Back to top
Page 1 of 2 12>
All times are GMT + 1 Hour

Jump to  
Previous Topic | Next Topic >
Posting Rules
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum



Site Copyright © 2006-2024 Futuranet Ltd & Martin Lewis
Freel2.com RSS Feed - All Forums


Switch to Mobile site