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Home > Off Topic > solar Panels FiT pays for them |
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Iliacus Member Since: 24 Jan 2014 Location: Herefordshire Posts: 256 |
I put in a 4kW system in Feb 2012 (just in time to get the higher FIT rate) and added the Immersun in Oct 2012. So far it has generated just over 10k kWh with about 1750 kWh to the immersion. So the outlay of just under £11k including the Immersun has paid me back £4.4k so far plus savings on oil and electric. The immesrion heater stays on all the time and the boiler is off from May to Sept. Even in winter it adds some heat to the water most days as it will run even if only a few watts are available. (We would save even more if we bathed more often). Our roof faces 210 deg so is almost optimum. Just don't put the dishwasher or washing m/c on before 10AM. So definitely worth doing if you work to get the best from it. Capital outlay is now much lower so payback time even with a lower FIT rate should be similar. I am looking at payback in about 5 to 6 years hopefully. GONE - '07 TD4 GS manual Zermatt Silver LONG GONE - '55 Norton Dominator 99 SS cafe racer |
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19th Jul 2014 4:02 pm |
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chicken george Member Since: 05 Dec 2007 Location: N. Yorks Posts: 13289 |
I paid 12.5k for 10 kw and am earning/saving £2600 pa.
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19th Jul 2014 4:14 pm |
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Iliacus Member Since: 24 Jan 2014 Location: Herefordshire Posts: 256 |
I assume that yours is a commercial "CG Enterprises" installation funded from the business. As such I assume that the income is subject to CG tax
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19th Jul 2014 7:18 pm |
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chicken george Member Since: 05 Dec 2007 Location: N. Yorks Posts: 13289 |
yes Im subject to tax on fits but the expenditure was tax detectable too.
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19th Jul 2014 9:17 pm |
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jp Member Since: 11 May 2009 Location: North East Posts: 432 |
It's a no brainier if you are on the higher tariff and pay for the system yourself.
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20th Jul 2014 6:46 am |
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chicken george Member Since: 05 Dec 2007 Location: N. Yorks Posts: 13289 |
thats the thing with poultry sheds sunny day = plenty of ventilation fans on in the sheds At work
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20th Jul 2014 8:06 am |
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3disco Member Since: 18 Apr 2014 Location: devon Posts: 659 |
Nothing like the smell of cooking chicken! |
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20th Jul 2014 6:44 pm |
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Iliacus Member Since: 24 Jan 2014 Location: Herefordshire Posts: 256 |
Or the smell of chickens being overfed a high protein diet then belching and farting to be vented over the neighbours. GONE - '07 TD4 GS manual Zermatt Silver
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20th Jul 2014 7:27 pm |
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ad210358 Member Since: 12 Oct 2008 Location: Here and There Posts: 7464 |
Sounds like CG |
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20th Jul 2014 8:24 pm |
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