"Man at B&Q" wrote in message
...

8

It's all very well saying you will get x% return for 25 years, but do
you get your capital back at the end? No.

You get an income for 25 years equal to about 2.5 times your initial
investment.

The figure of £12k has been bandied around I believe. So £30k (2.5
times) over 25 years.

Stick the £12000 in a high interest account at 4% compound would give
you £32k.

Now try the same thing with an income from your £12k..

Say £1000pa like you get with the PV.

year
1 £12,000.00
2 £11,480.00
3 £10,939.20
4 £9,376.77
5 £7,751.84
6 £6,061.91
7 £4,304.39
8 £2,476.56
9 £575.63

Looks like you run out of capital pretty soon and you don't have a PV array
still delivering a few hundred pounds a year.

PS the PV income is also tax free.