jack-daniels
Member
- Messages
- 284
- Location
- England
If you're happy with your system then that's great but solar PV does not make financial sense now.
You can't hope to use all it produces unless connected to a battery system (check the cost of that). Especially if you're not at home during the day.
If you heated the water by gas or oil it would be at least half the price, extending your payback to 20 years.
The panels do degrade over time & it's likely the inverter will need to be replaced over the 20 odd year period.
As you say you have to stump up the £5k that could be invested elsewhere. If you want to move house you've lost that investment & not all buyers like solar panels on their roof.
I said previously that it was a con & it was.
The only real reason to get solar PV was for the FIT tariff (why was it necessary if it was so great without?).
Last year I was getting around 57 pence per Unit, considering the electric companies sell it for around 15 pence how can that be? Who pays?
Look on your electric bill for the green tariffs, yes you're all paying me to produce highly expensive electric guaranteed for 25 years increasing with inflation as well.
Sorry but for the UK & without storage it doesn't make sense.
Maybe if the electric company gave you a one for one credit on every kWh produced and you could then use it when really needed it might be more viable.
You can't hope to use all it produces unless connected to a battery system (check the cost of that). Especially if you're not at home during the day.
If you heated the water by gas or oil it would be at least half the price, extending your payback to 20 years.
The panels do degrade over time & it's likely the inverter will need to be replaced over the 20 odd year period.
As you say you have to stump up the £5k that could be invested elsewhere. If you want to move house you've lost that investment & not all buyers like solar panels on their roof.
I said previously that it was a con & it was.
The only real reason to get solar PV was for the FIT tariff (why was it necessary if it was so great without?).
Last year I was getting around 57 pence per Unit, considering the electric companies sell it for around 15 pence how can that be? Who pays?
Look on your electric bill for the green tariffs, yes you're all paying me to produce highly expensive electric guaranteed for 25 years increasing with inflation as well.
Sorry but for the UK & without storage it doesn't make sense.
Maybe if the electric company gave you a one for one credit on every kWh produced and you could then use it when really needed it might be more viable.