Solar PV feed in and pension annuities
In message
, Man
at B&Q writes
On Jun 23, 6:35*pm, "David WE Roberts"
wrote:
Just wading through solar PV again.
One thought - the model seems vaguely similar to a pension annuity in that
you surrender some capital and then get a guaranteed index linked income.
Only a very shaky analogy because apart from anything else it assumes you
will stay in your current residence for the rest of your life (or at least
the 20+ years predicted life of the array).
As well as political uncertainty (will they drastically alter the
payments for existing installations?), it's the "20+" and "predicted"
that are the real issue. If you believe them, then fine. Otherwise,
how much do you need to allow for maintenance and repairs?
MBQ
See Which? Report on dodgy sales tactics and exaggerated returns and
concealed maintenance costs e.g. life expectancy of inverter etc etc.
Failure to take account of roof orientation and shade. All counties
treated equally regarding hours of sunshine.
--
hugh
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