truman Posted September 27, 2011 Share Posted September 27, 2011 I'm assuming he is referring to his next sentence, where he says the tarrif can be paid straight to the bank - that is essentially security. Wouldn't the amount paid back depend on the efficiency of the panels? Is there a guaranteed minimum amount? Link to comment Share on other sites More sharing options...
fruitisbad Posted September 27, 2011 Share Posted September 27, 2011 the new government have propsed this 'new green deal' which forses enerygy companies to pay for enrgy saving measdures in homes. considering solar panels would b a 15-20 yr investment it might be worth wiating a few yrs to see how this turns up. as I understand it they would cover the cost of installation and they would take the savings off their bill to you to pay themselves back. Link to comment Share on other sites More sharing options...
Mikes10 Posted September 28, 2011 Share Posted September 28, 2011 Can anyone provide a link to a website that takes you through the calculations, benefits and penalties for these solar systems. What happens say after about 8 years the controlling electonics fail? What happens of a panel develops a a fault? Who picks up the cost? It all sounds good in the short-term but I get the impression its just a money-go-round with the consumer paying the solar panel companies for the ride. Link to comment Share on other sites More sharing options...
Cyclone Posted September 28, 2011 Share Posted September 28, 2011 Since the installing company keeps ownership they're responsible for the maintenance and repairs of all of it. They are obviously planning to make a profit from the FIT generated, but not at the expense of the home owner, who gets a bit of free electricity for the use of their roof. Link to comment Share on other sites More sharing options...
alternageek Posted September 28, 2011 Share Posted September 28, 2011 The difference in making money back between you installing them and someone else is huge difference. something like £3k for someone 'renting' your roof and you owning them - £30+K Though a high initial set up, Id still think it was worth it for the return Link to comment Share on other sites More sharing options...
Cyclone Posted September 28, 2011 Share Posted September 28, 2011 Some people can't afford that initial high set up though. Link to comment Share on other sites More sharing options...
Rupert_Baehr Posted September 28, 2011 Share Posted September 28, 2011 TANSTAAFL The people pay. Link to comment Share on other sites More sharing options...
truman Posted September 28, 2011 Share Posted September 28, 2011 TANSTAAFL The people pay. Yep,one way or another,whether it's through higher tax or higher energy prices or maybe both...what puzzles me is why is electricity that's produced from renewables more expensive..there's no fuel to have to pay for...? Link to comment Share on other sites More sharing options...
Cyclone Posted September 28, 2011 Share Posted September 28, 2011 The cost of generating it is higher because of the cost of fabricating the devices, the maintenance costs and the expected life time of them. Either that or it's all just some sort of big political con to divert money to companies which MPs happen to have bought shares in. Link to comment Share on other sites More sharing options...
truman Posted September 28, 2011 Share Posted September 28, 2011 The cost of generating it is higher because of the cost of fabricating the devices, the maintenance costs and the expected life time of them. Either that or it's all just some sort of big political con to divert money to companies which MPs happen to have bought shares in. How much does a windy-mill cost to build? Compared to a gas powered station? and then factor in the cost of the gas versus the cost of wind ...it doesn't make sense.... Link to comment Share on other sites More sharing options...
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