On Jun 13, 2:20*pm, BruceB wrote:
In article , says...



On 13-06-2011 09:15, Jim K wrote:
arsehole relative is forging ahead and crowing abt it all in usual
manner- anyone care to give me a *succinct indefensible argument to
hopefully reinforce what a prick he is?

Cheers
Jim K
Because they are typically about 19% efficent. There are developments in
progress which will greatly increase the efficency thus making them
economically viable. They will also get cheaper. I'd wait about 5 years
and then get some. Whilst waiting get a solar thermal system installed.

Waiting for them to become more efficient does not mean that the
economic case for them will improve. *The subsidy at the moment is so
good (the FIT rate) and it is guaranteed to be indexed at rpi that if
you have the capital it is a no-brainer. *You will earn 8-12% inflation
proofed on your investment for 25 years.

Problem is I do not intend being in this house for the next 25 years
and I doubt the panels will add anything like their true "value" to
the sale price of the house.

If they were truly viable without massive subsidy then this would not
be an issue.

MBQ