harry wrote:
On Apr 22, 11:42 am, "Robin" wrote:
My array cost 14,000 so the return should be 11.8%. Where else can
you get that tax free, inflation linked for 25 years?
Is that a fair comparison when you can get your capital back from a
bank but you will not sell the panels+inverter back for the original
installed price in 10 years even forgetting inflation?
I find it more helpful to look at it as a 25 year annuity, indexed to
the RPI. For a capital outlay of 14,000 Harry receives an annual
income of 1,650 index-linked to the RPI. That's an annuity rate of
11.8%. By comparison a man of 65 (so with a life expectancy 25 years)
would get a single, RPI-linked annuity of around 440 a year. And the
annuity is taxable where the feed-in tariff is not. So, surprise
surprise, those with big houses have piled in making feed-in tariffs a
deeply regressive tax - or if you prefer, middle class welfare payments


--
Robin
PM may be sent to rbw0{at}hotmail{dot}com

You are exactly correct. Also the energy I don't use will be worth
more. I believeenergycostswillgothrought the roof this next few years.

They will if we keep on subsiding renewables, yes.

The only hazard is the reliabilty of the technology. But there is a
five year guarantee.

The majopr hazard is a force majeure by the government saying 'we wonnt
pay this osrt of price fpr electricity anymore'.


Hey I just had an idea.I could run a wire to my nieghbour from my
house and sell him surplus electricty!!!!!!!! I only get 3p/Kwh for
exported power.
Bloody hell. I could be rich.