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UK diy (uk.d-i-y) For the discussion of all topics related to diy (do-it-yourself) in the UK. All levels of experience and proficency are welcome to join in to ask questions or offer solutions. |
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#1
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Solar Panels - verifying the numbers
I guess that this is off topic but I suspect that I will find some experts
here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. Returning 41.3 feed in tariff plus a saving on her electric bill of 50% of the output at say 12p and the other 50% output gains 3p from the electric company. The prices a a) A "leasing" scheme whereby the householder pays an "installation" fee of 2610.00 and receives the "free electricity plus the "3p" but the company receive all of the 41.3 feed in tariff. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. I calculate that (a) returns around 220 pounds (8.4%) and (b) returns 1430 pounds (7.8%). So the question is, are these figures actually achievable and is the cost price competitive? Does anybody know? tim |
#2
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Solar Panels - verifying the numbers
tim.... wrote:
I guess that this is off topic but I suspect that I will find some experts here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. Returning 41.3 feed in tariff plus a saving on her electric bill of 50% of the output at say 12p and the other 50% output gains 3p from the electric company. The prices a a) A "leasing" scheme whereby the householder pays an "installation" fee of 2610.00 and receives the "free electricity plus the "3p" but the company receive all of the 41.3 feed in tariff. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. I calculate that (a) returns around 220 pounds (8.4%) and (b) returns 1430 pounds (7.8%). So the question is, are these figures actually achievable and is the cost price competitive? also ask yourself how long the output will stay at those levels with dust, bird****, and general wear and tear. And how long the government will tolerate buying micro amounts of electricity at 20 times the bulk price from a nuclear set. Does anybody know? tim |
#3
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Solar Panels - verifying the numbers
"The Natural Philosopher" wrote in message ... tim.... wrote: I guess that this is off topic but I suspect that I will find some experts here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. Returning 41.3 feed in tariff plus a saving on her electric bill of 50% of the output at say 12p and the other 50% output gains 3p from the electric company. The prices a a) A "leasing" scheme whereby the householder pays an "installation" fee of 2610.00 and receives the "free electricity plus the "3p" but the company receive all of the 41.3 feed in tariff. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. I calculate that (a) returns around 220 pounds (8.4%) and (b) returns 1430 pounds (7.8%). So the question is, are these figures actually achievable and is the cost price competitive? also ask yourself how long the output will stay at those levels with dust, bird****, and general wear and tear. They need cleaning once per year. I don't think that there's any "wear". And how long the government will tolerate buying micro amounts of electricity at 20 times the bulk price from a nuclear set. They "promised" 25 years, but this is a risk! |
#4
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Solar Panels - verifying the numbers
We were somewhere around Barstow, on the edge of the desert, when the
drugs began to take hold. I remember "tim...." saying something like: also ask yourself how long the output will stay at those levels with dust, bird****, and general wear and tear. They need cleaning once per year. I don't think that there's any "wear". Output falls from day one. Ten-year-old PV panels can be producing half of what they were when new, but it depends on the solar tech involved. As always, the technology is steadily improving, but I really don't know if it's worth it yet. Fine, if you live in an off-grid cabin in the woods, but otherwise, probably not. |
#5
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Solar Panels - verifying the numbers
The Natural Philosopher wrote:
And how long the government will tolerate buying micro amounts of electricity at 20 times the bulk price from a nuclear set. This particular subsidy doesn't count in the government spending because it is funded but those people that buy fossil fueled electricity isn't it? AJH |
#6
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Solar Panels - verifying the numbers
On Thu, 1 Jul 2010 21:23:55 +0100, tim.... wrote:
I guess that this is off topic but I suspect that I will find some experts here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. Returning 41.3 feed in tariff plus a saving on her electric bill of 50% of the output at say 12p and the other 50% output gains 3p from the electric company. The prices a a) A "leasing" scheme whereby the householder pays an "installation" fee of 2610.00 and receives the "free electricity plus the "3p" but the company receive all of the 41.3 feed in tariff. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. I calculate that (a) returns around 220 pounds (8.4%) and (b) returns 1430 pounds (7.8%). So the question is, are these figures actually achievable and is the cost price competitive? Does anybody know? tim How much extra would be gained by chopping the tree down? i.e. how much is that tree worth. So far as calculating the returns, did you take into account the "lost" income from having the difference - £15,600 in the bank earning interest? Even at 3%, that's nearly another £500 / year. My inclination would be to let the supplier take the risk of not meeting the expected output, or of a future govt. reducing / removing the subsidy (as happened in Spain recently). |
#7
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Solar Panels - verifying the numbers
In message , pete
wrote How much extra would be gained by chopping the tree down? i.e. how much is that tree worth. So far as calculating the returns, did you take into account the "lost" income from having the difference - £15,600 in the bank earning interest? Even at 3%, that's nearly another £500 / year. My inclination would be to let the supplier take the risk of not meeting the expected output, or of a future govt. reducing / removing the subsidy (as happened in Spain recently). And any money "made" by selling the electricity back would be classed as taxable income. -- Alan news2009 {at} admac {dot} myzen {dot} co {dot} uk |
#8
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Solar Panels - verifying the numbers
"Alan" wrote in message ... In message , pete wrote How much extra would be gained by chopping the tree down? i.e. how much is that tree worth. So far as calculating the returns, did you take into account the "lost" income from having the difference - £15,600 in the bank earning interest? Even at 3%, that's nearly another £500 / year. My inclination would be to let the supplier take the risk of not meeting the expected output, or of a future govt. reducing / removing the subsidy (as happened in Spain recently). And any money "made" by selling the electricity back would be classed as taxable income. Is it? (I really don't know, but it would seem to be too complicated if it were because you'd be allowed to deducts all the costs first) |
#9
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Solar Panels - verifying the numbers
"pete" wrote in message ... On Thu, 1 Jul 2010 21:23:55 +0100, tim.... wrote: I guess that this is off topic but I suspect that I will find some experts here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. Returning 41.3 feed in tariff plus a saving on her electric bill of 50% of the output at say 12p and the other 50% output gains 3p from the electric company. The prices a a) A "leasing" scheme whereby the householder pays an "installation" fee of 2610.00 and receives the "free electricity plus the "3p" but the company receive all of the 41.3 feed in tariff. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. I calculate that (a) returns around 220 pounds (8.4%) and (b) returns 1430 pounds (7.8%). So the question is, are these figures actually achievable and is the cost price competitive? Does anybody know? tim How much extra would be gained by chopping the tree down? i.e. how much is that tree worth. It's not her tree! So far as calculating the returns, did you take into account the "lost" income from having the difference - £15,600 in the bank earning interest? Even at 3%, that's nearly another £500 / year. Obviously one looks at this in totally. That's 6-7% instead of 2-3 % My inclination would be to let the supplier take the risk of not meeting the expected output, or of a future govt. reducing / removing the subsidy (as happened in Spain recently). |
#10
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Solar Panels - verifying the numbers
On 1 July, 21:23, "tim...." wrote:
I guess that this is off topic but I suspect that I will find some experts here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. *So the figures a Expected output 2928 kWh per year. Returning 41.3 feed in tariff plus a saving on her electric bill of 50% of the output at say 12p and the other 50% output gains 3p from the electric company. The prices a a) A "leasing" scheme whereby the householder pays an "installation" fee of 2610.00 and receives the "free electricity plus the "3p" but the company receive all of the 41.3 feed in tariff. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. I calculate that (a) returns around 220 pounds (8.4%) and (b) returns 1430 pounds (7.8%). So the question is, are these figures actually achievable and is the cost price competitive? Does anybody know? tim Ask on what basis they arrive at the expected output. I think you will find its a back of an envelope calculation based on theoretical maximums which are never achieved in reality. Not using a South facing aspect is going to approximately halve the available energy so either the tree goes or forget it in my opinion |
#11
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Solar Panels - verifying the numbers
tim.... wrote:
I guess that this is off topic but I suspect that I will find some experts here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. Returning 41.3 feed in tariff plus a saving on her electric bill of 50% of the output at say 12p and the other 50% output gains 3p from the electric company. The prices a a) A "leasing" scheme whereby the householder pays an "installation" fee of 2610.00 and receives the "free electricity plus the "3p" but the company receive all of the 41.3 feed in tariff. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. I calculate that (a) returns around 220 pounds (8.4%) and (b) returns 1430 pounds (7.8%). So the question is, are these figures actually achievable and is the cost price competitive? Does anybody know? I agree with all the other posters to date. From what you describe, keep the money in the bank earning interest which will be greater than the income and still be an asset. |
#12
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Solar Panels - verifying the numbers
tim.... wrote:
Expected output 2928 kWh per year. Expected on what basis? (tell us the panel area, roof slope and approx. location (nearest city) and someone will be able to check the numbers) What's the cost of capital? (lost interest) If she has a mortgage the interest rate on the capital is of course the mortgage rate. IMHO this will soon rise and she may prefer to pay off the mortgage and know where she is, rather than effectively borrow money to buy the panels. Andy |
#13
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Solar Panels - verifying the numbers
tim.... wrote:
My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. The panels are rated at 230 Wp (whatever the p is) and I assume that's per hour. P is for peak, so this figure is the peak output. Time is irrelevant. 230 W* 14 * 24 * 365 is 23000 kWh per year. (of course that includes night time!). I assumed that the supplier took the orientation of the roof into account. It is quite a shallow slope it will still get the sun for most of the day, I strongly suggest that, if she is serious, she gets a number of quotations. You will get wildly different offers. AIUI, the performance figures are produced in line with officially laid down calculations. The quotes I have had, for a SSE facing roof, are all pretty close to a ratio of yearly output kWh = 0.8 x peak installed power. In your case this figure is 3.22/2.928 = 0.909 I don't believe it for an east facing roof. As to the overall cost, your figure gives £5663 per kWp installed. Again this is at the expensive end of the scale, and I have had a number of offers below £4000 per kWp. A lot depends upon the panel manufacturer, the (very) small print of their performance guarantee, which you will find to be far less generous than it first seems, and how likely you think it is that they would still be trading if you came to claim against them in 20 years. Chris -- Chris J Dixon Nottingham UK Have dancing shoes, will ceilidh. |
#14
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Solar Panels - verifying the numbers
tim.... wrote:
Expected output 2928 kWh per year. And the company is demanding close to £20,000 for the installation? The panels required (14 x 210W) retail for £4,200. The grid tie inverter required for the feed-in costs £1000, retail. So the company are charging somewhere around £14,000 for installation. That's a rip off of impressive magnitude IMO. If they got that down to £5K, with an installed price of £10-£11K it would be worth it. It would certainly be better to DIY. |
#15
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Solar Panels - verifying the numbers
Steve Firth wrote:
It would certainly be better to DIY. Only if you are not interested in being paid the Feed-in tariff. To be eligible, you have to use both approved components and approved installers. Chris -- Chris J Dixon Nottingham UK Have dancing shoes, will ceilidh. |
#16
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Solar Panels - verifying the numbers
"Chris J Dixon" wrote in message ... Steve Firth wrote: It would certainly be better to DIY. Only if you are not interested in being paid the Feed-in tariff. To be eligible, you have to use both approved components and approved installers. Chris -- Chris J Dixon Nottingham UK I really don't know a lot about this subject, other than what I've read in general, but just to fling a curved ball in for a moment, if the OP's sister is intent on having panels on a less-than-ideal-facing roof, wouldn't she do better to make them water-heating panels ? I seem to recall reading that the energy saved on fuel for heating the same water, is quite significant, and that the installation costs are not that high. If the fuel saving *is* significant, then I would have thought that with the very high energy costs that we suffer now, the 'effective' returns might be quite good, without the hassle of having to sell energy back via a government scheme of dubious longevity, and without the inherent progressive efficiency reduction that comes with PV panels. Anyone here clever enough to do the comparative sums ? I'd be quite interested to know this for myself. Arfa |
#17
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Solar Panels - verifying the numbers
Arfa Daily wrote:
"Chris J Dixon" wrote in message ... Steve Firth wrote: It would certainly be better to DIY. Only if you are not interested in being paid the Feed-in tariff. To be eligible, you have to use both approved components and approved installers. Chris -- Chris J Dixon Nottingham UK I really don't know a lot about this subject, other than what I've read in general, but just to fling a curved ball in for a moment, if the OP's sister is intent on having panels on a less-than-ideal-facing roof, wouldn't she do better to make them water-heating panels ? I seem to recall reading that the energy saved on fuel for heating the same water, is quite significant, and that the installation costs are not that high. If the fuel saving *is* significant, then I would have thought that with the very high energy costs that we suffer now, the 'effective' returns might be quite good, without the hassle of having to sell energy back via a government scheme of dubious longevity, and without the inherent progressive efficiency reduction that comes with PV panels. Anyone here clever enough to do the comparative sums ? I'd be quite interested to know this for myself. Arfa My my calculations the exact same applies. I.e. no ROI of any real validity. F in law did this, and the numbers make no financial sense, and after 6 months the builder next door had covered them in cement dust, they barely work and there is argument about who is going to pay to have them cleaned/glass replaced etc etc. |
#18
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Solar Panels - verifying the numbers
On Jul 2, 9:54*am, "Arfa Daily" wrote:
"Chris J Dixon" wrote in messagenews:5o2r26d8ljra9b75uq8g2khtkdalk4stqk@4ax .com... Steve Firth wrote: It would certainly be better to DIY. Only if you are not interested in being paid the Feed-in tariff. To be eligible, you have to use both approved components and approved installers. Chris -- Chris J Dixon *Nottingham UK I really don't know a lot about this subject, other than what I've read in general, but just to fling a curved ball in for a moment, if the OP's sister is intent on having panels on a less-than-ideal-facing roof, wouldn't she do better to make them water-heating panels ? I seem to recall reading that the energy saved on fuel for heating the same water, is quite significant, and that the installation costs are not that high. If the fuel saving *is* significant, then I would have thought that with the very high energy costs that we suffer now, the 'effective' returns might be quite good, without the hassle of having to sell energy back via a government scheme of dubious longevity, and without the inherent progressive efficiency reduction that comes with PV panels. Anyone here clever enough to do the comparative sums ? I'd be quite interested to know this for myself. Arfa Its possible to make solarthermal pay its way and some, but not easy, and commercial installs, as a rule, don't. Since the op was asking about basics I cant see a good diy design/instal being likely. On the upside it would waste a lot less money than PV. NT |
#19
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Solar Panels - verifying the numbers
Tim Streater wrote:
In article , NT wrote: On Jul 2, 9:54�am, "Arfa Daily" wrote: "Chris J Dixon" wrote in messagenews:5o2r26d8ljra9b75uq8g2khtkdalk4stqk@4ax .com... Steve Firth wrote: It would certainly be better to DIY. Only if you are not interested in being paid the Feed-in tariff. To be eligible, you have to use both approved components and approved installers. Chris -- Chris J Dixon �Nottingham UK I really don't know a lot about this subject, other than what I've read in general, but just to fling a curved ball in for a moment, if the OP's sister is intent on having panels on a less-than-ideal-facing roof, wouldn't she do better to make them water-heating panels ? I seem to recall reading that the energy saved on fuel for heating the same water, is quite significant, and that the installation costs are not that high. If the fuel saving *is* significant, then I would have thought that with the very high energy costs that we suffer now, the 'effective' returns might be quite good, without the hassle of having to sell energy back via a government scheme of dubious longevity, and without the inherent progressive efficiency reduction that comes with PV panels. Anyone here clever enough to do the comparative sums ? I'd be quite interested to know this for myself. Arfa Its possible to make solarthermal pay its way and some, but not easy, and commercial installs, as a rule, don't. Since the op was asking about basics I cant see a good diy design/instal being likely. On the upside it would waste a lot less money than PV. I'm told that heat pumps are cost effective - even in lowish outside temps. A quick google shows Danfoss and Hitachi, at least, make them. Anyone considered these? yes. The calculations are really the ONLY eco fluff things that made sense. Heatpumps work. Sadly, not with conventional radiators and hot water tanks by and large. I was faced with a sort of £15k-20K plus re plumb and rip the garden up prospect to save a grand a year on heating (maybe). The the oil price came down.. and I gave up on it. |
#20
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Solar Panels - verifying the numbers
On 2010-07-02 10:56:41 +0100, Tim Streater said:
In article , NT wrote: "Chris J Dixon" wrote in messagenews:5o2r26d8ljra9b75uq8g2khtkdalk4stqk@4ax .com... Steve Firth wrote: It would certainly be better to DIY. Only if you are not interested in being paid the Feed-in tariff. To be eligible, you have to use both approved components and approved installers. Chris -- I really don't know a lot about this subject, other than what I've read in general, but just to fling a curved ball in for a moment, if the OP's sister is intent on having panels on a less-than-ideal-facing roof, wouldn't she do better to make them water-heating panels ? I seem to recall reading that the energy saved on fuel for heating the same water, is quite significant, and that the installation costs are not that high. If the fuel saving *is* significant, then I would have thought that with the very high energy costs that we suffer now, the 'effective' returns might be quite good, without the hassle of having to sell energy back via a government scheme of dubious longevity, and without the inherent progressive efficiency reduction that comes with PV panels. Anyone here clever enough to do the comparative sums ? I'd be quite interested to know this for myself. Arfa Its possible to make solarthermal pay its way and some, but not easy, and commercial installs, as a rule, don't. Since the op was asking about basics I cant see a good diy design/instal being likely. On the upside it would waste a lot less money than PV. I'm told that heat pumps are cost effective - even in lowish outside temps. A quick google shows Danfoss and Hitachi, at least, make them. Anyone considered these? Of course, heat pumps depend on large amounts of (grid provided) electricity. I seem to recall something like 1/4 to 1/3 of the total overall heat energy produced by a heat pump needs to be provided with electricity to power it. Given the state of our generating infrastructure in this country I would not want to be dependent on relatively cheap (and available!) electricity for my heating in the medium and long term. |
#21
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Solar Panels - verifying the numbers
On 1 July, 21:23, "tim...." wrote:
I guess that this is off topic but I suspect that I will find some experts here. I keep my expert in a book: http://www.withouthotair.com/ David MacKay (and if you're a geek, yes it's the same David MacKay) has written what is by far the best guide to energy policy and alternative generation approaches. Sums too. It's even there as a free download. This book is very highly recommended. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. Time to break out Excel and do some real modelling of it. For this money, you can even afford to buy a bottle or two of something for someone who does understand financial modelling with Excel. There are broadly four issues he * Does the tech work, and does it last? Read MacKay, but the stuff is now pretty good and pretty predictable. * Does the sun work? Site surveying isn't the black art some make out and you can make good predictions. Some years will be better than others, but over a few years' lifecycle, it's good enough. Read MacKay (and some of his further reading - try ther Navitron website too) * What price will you get? This cannot be justifiable for "real cost"(sic) electricity. However the massive porkbarrel of the feed in tariff does make it close enough that you have to check the numbers to know which side, you can't simply assume. However what's the political future of inflated feed-in tariffs? (IMHO it's good - it's so small a market that the cost to Whitehall is tiny and the press reaction to cutting it would be bad). * What does money cost? It's a big capital outlay. However if you're like many of the bungalow owners I know, there's capital available, no bank interest to do much else with it, and a wish to create a return on it. The rest is numbers and you have to do this with care. However don't decide something like this (risking a large investment) based on an estimate, calculate three estimates (mean, worst, best) and do your real decision making on the worst case assumpitions and your risk assessment of how likely this is to happen. There's also the question of getting a second supply installed, as a source of electricity - because you won't want to use any that you could have sold for 3x market price instead! However in practice, you don't use that much domestically when the sun's out, unless you're at home during the day. |
#22
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Solar Panels - verifying the numbers
On 01/07/2010 21:23, tim.... wrote: I guess that this is off topic but I suspect that I will find some experts here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. David Mackay makes some realistic estimates of the energy you are likely to get from solar panels he http://www.inference.phy.cam.ac.uk/w.../page_38.shtml According to the link below, good panels are ~20% efficient and cheap ones about 10%. With the good ones David Mackay estimates an average of 22W per hour per m^2 for a SOUTH facing roof in the UK. 22*24*365 = 192.72 kWh per year per m^2 of panel 2928/192.72 = 15.19 so to get 2928 kWh per year you would need ~15m^2 of high efficiency panels on a south facing roof. http://www.inference.phy.cam.ac.uk/w.../page_39.shtml I don't know how much you would have to reduce that for east facing, but I imagine it could be a significant difference. |
#23
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Solar Panels - verifying the numbers
On Fri, 02 Jul 2010 22:29:14 +0100, Gareth wrote:
David Mackay makes some realistic estimates of the energy you are likely to get from solar panels he http://www.inference.phy.cam.ac.uk/w.../page_38.shtml According to the link below, good panels are ~20% efficient and cheap ones about 10%. Most cells supplied in the UK are the Chinese made polycrystalline sort with efficiencies of around 10-15%. These claim to maintain 90% of initial efficiency for 10 years, dropping to 80% after 20 years. Whether these panels will last 20 years is unknown. The only people who have carried out accelerated aging tests are the likes of BP on well made monocrystaline panels. Given the volume of panels being made and the poor quality control on much of this type of production from China it seems unlikely. Many invertors are also (rather surprisingly) proving to be very unreliable. One thing is for sure, it is highly unlikely your supplier will be around in 20 years - "green" companies fitting solar hot water and PV seem to be keen to practice what they preach on recycling and regularly go out of business one day to emerge the next under a slightly different name as a Phoenix company having shed all warranty liabilities. |
#24
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Solar Panels - verifying the numbers
Peter Parry wrote:
snipMany invertors are also (rather surprisingly) proving to be very unreliable./snip I thought the problem with invertors was that they were unobtainable. http://www.telegraph.co.uk/earth/ear...ar-panels.html Andy |
#25
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Solar Panels - verifying the numbers
On Sun, 04 Jul 2010 19:46:23 +0100, Andy Champ
wrote: Peter Parry wrote: snipMany invertors are also (rather surprisingly) proving to be very unreliable./snip I thought the problem with invertors was that they were unobtainable. http://www.telegraph.co.uk/earth/ear...ar-panels.html The two situations may not be unrelated :-) |
#26
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Solar Panels - verifying the numbers
"tim...." wrote in message ... I guess that this is off topic but I suspect that I will find some experts here. My sister has had a man around to quote for this and I've been tasked with checking out if what she was told makes sense. She has a bungalow with a shallow sloped roof and the quote was to install 14 panels on an Easterly facing roof because the Southerly facing one is shaded by a tree. So the figures a Expected output 2928 kWh per year. Returning 41.3 feed in tariff plus a saving on her electric bill of 50% of the output at say 12p and the other 50% output gains 3p from the electric company. The prices a a) A "leasing" scheme whereby the householder pays an "installation" fee of 2610.00 and receives the "free electricity plus the "3p" but the company receive all of the 41.3 feed in tariff. b) Outright purchase costing 18237.00 whereby the householder keeps all of the returns. I calculate that (a) returns around 220 pounds (8.4%) and (b) returns 1430 pounds (7.8%). So the question is, are these figures actually achievable and is the cost price competitive? Does anybody know? Thanks guys. All comments noted and passed on tim |
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