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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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Posted to uk.d-i-y
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Last time I looked at solar panel threads there was an overwhelming view
that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. Cheers Dave R |
#2
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On Apr 6, 4:49*pm, "David WE Roberts"
wrote: Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. Cheers Dave R Solarthemal? Solar PV? You forgot to tell us. NT |
#3
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David WE Roberts wrote:
Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? when teh discussion moved from more or les unsubsidised solar water panels to heavily subsidised solar PV Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? If you want to to put the green capitalist boot on the neck of the working class, and profit by it, yes. Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. Let me have their names for the database of people to be shot first, come the revolution. Cheers Dave R |
#4
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On Wed, 6 Apr 2011 08:49:40 -0700, David WE Roberts wrote:
Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. To toss another factor into the equation ... While the tech is improving, do you really want to buy now and lumber yourself with a system that could be much less efficient than something that comes out in a few years time? For example, if you spend £12k now and buy a PV system that just about pays its way provided you amortise the cost over 25 years. What could you do if a new development makes systems available that would be lower cost, more efficient and recoup their costs in 10 years? This is the quandry that early-adopters face in every technology. But for PV it's a more serious question than buying a PC for a few £00, only to see a bigger/faster/cheaper system come out a year later. |
#5
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![]() "David WE Roberts" wrote in message ... Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? I don't think it did. ISTM that the people who think that "the sums don't add up" still think that. The fact that commercial operations think otherwise suggest that the negative opinions are formed from out of date data. I certainly see people make comments such as this is "immature" technology when in fact PV cells were invented more than 30 years ago and the technology is anything but immature. Having said that, it still seems to me that on most "at the coal face" quotes the finances are marginal, but I suspect that this is more down to the installers inflating the installation costs whilst using smoke and mirrors to make the profits seem larger than they are at that cost, just like they always do with "home improvement" installations, but unlike other home improvements this one lives and dies on its financial benefits as the other "user" benefits are zero. If I had a suitable roof, I wouldn't enter into any deal other than one where the installer takes all of the risk. If you can't get someone to offer you a deal on that basis then you know that any "purchased" installation is being oversold tim |
#6
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root wrote:
On Wed, 6 Apr 2011 08:49:40 -0700, David WE Roberts wrote: Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. To toss another factor into the equation ... While the tech is improving, do you really want to buy now and lumber yourself with a system that could be much less efficient than something that comes out in a few years time? For example, if you spend £12k now and buy a PV system that just about pays its way provided you amortise the cost over 25 years. What could you do if a new development makes systems available that would be lower cost, more efficient and recoup their costs in 10 years? This is the quandry that early-adopters face in every technology. But for PV it's a more serious question than buying a PC for a few £00, only to see a bigger/faster/cheaper system come out a year later. No, the problem is how fast can you install before the government axes the subsidy and makes PV permanently uneconomic for everybody connected to the grid. |
#7
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tim.... wrote:
"David WE Roberts" wrote in message ... Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? I don't think it did. ISTM that the people who think that "the sums don't add up" still think that. No, the sums still don't add up for solar water heating. They only add up for PV because the electricity from a PV panel is sold at over ten times what its worth, cost paid by the rest of electricity consumers. In fact its sold for more than it costs to generate with a diesel generator. Which is where a lot of 'solar electricity' actually comes from, allegedly. The fact that commercial operations think otherwise suggest that the negative opinions are formed from out of date data. No, the unbleiveable FITS have been scrapped by DECC. Only domestic installations will now attract these exorbitant gifts. This has killed all commercial PV in this country stone dead, if they don't get it in by IIRC July. I certainly see people make comments such as this is "immature" technology when in fact PV cells were invented more than 30 years ago and the technology is anything but immature. The classic comment was in some blog somewhere where when quizzed by a someone a minister or green spokesperson allegedly said she supported PV FITS because it was an immature unproven technology. At some later point he asks why thorium reactor research was not being given grants 'because its an unproven immature technology' was the alarming reply.. Having said that, it still seems to me that on most "at the coal face" quotes the finances are marginal, but I suspect that this is more down to the installers inflating the installation costs whilst using smoke and mirrors to make the profits seem larger than they are at that cost, just like they always do with "home improvement" installations, but unlike other home improvements this one lives and dies on its financial benefits as the other "user" benefits are zero. If I had a suitable roof, I wouldn't enter into any deal other than one where the installer takes all of the risk. If you can't get someone to offer you a deal on that basis then you know that any "purchased" installation is being oversold There is no doubt that PV panels at today's tarriffs are extremely profitable. Payback is in months, not years. So you wont be out of pocket even if they only last a couple of years. But that is a symptom of politics, not the technology. |
#8
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On Apr 6, 5:58*pm, "tim...." wrote:
"David WE Roberts" wrote in ... Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? I don't think it did. ISTM that the people who think that "the sums don't add up" still think that. The fact that commercial operations think otherwise suggest that the negative opinions are formed from out of date data. That's a creative conclusion *I certainly see people make comments such as this is "immature" technology when in fact PV cells were invented more than 30 years ago and the technology is anything but immature. 30 years in a fairly high tech area is very much immature. Look at where petrol cars were in 1920, radios in 1940, TVs in 1955, computers in 1950. Mature solar pv cells would be low cost enough to be good for widespread use. There is finally interest in going just this direction with commercial cells - the big issue isn't electrical efficiency, its financial efficiency. Having said that, it still seems to me that on most "at the coal face" quotes the finances are marginal, but I suspect that this is more down to the installers inflating the installation costs whilst using smoke and mirrors to make the profits seem larger than they are at that cost, just like they always do with "home improvement" installations, The real payback figures are hopeless for PV. Howeevr there are plenty of issues to conveniently overlook to make it look workable. but unlike other home improvements this one lives and dies on its financial benefits as the other "user" benefits are zero. The motivation to go PV is usually the idea that its a green technology. If I had a suitable roof, I wouldn't enter into any deal other than one where the installer takes all of the risk. *If you can't get someone to offer you a deal on that basis then you know that any "purchased" installation is being oversold tim indeed... try finding such a deal. NT |
#9
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On Apr 6, 5:30*pm, root wrote:
On Wed, 6 Apr 2011 08:49:40 -0700, David WE Roberts wrote: Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. To toss another factor into the equation ... While the tech is improving, do you really want to buy now and lumber yourself with a system that could be much less efficient than something that comes out in a few years time? For example, if you spend £12k now and buy a PV system that just about pays its way provided you amortise the cost over 25 years. What could you do if a new development makes systems available that would be lower cost, more efficient and recoup their costs in 10 years? This is the quandry that early-adopters face in every technology. But for PV it's a more serious question than buying a PC for a few £00, only to see a bigger/faster/cheaper system come out a year later.- Hide quoted text - - Show quoted text - This is true of all technology. The price of 41 pence/kwh they pay you is inflation linked to the RPI. However it seem likely that fuel cost wil rise faster than RPI & eventually will catch up with the rate paid. The subsidy is about kick starting the market. In ten years I don't belive the subsidy will be relevant. It's all about politics and oil and gas supplies not about carbon in my view. The best efficiency I have seen is just under 20%. It will improve no doubt. The money they give is banded, in practice most people won't have room for more than the lowest band (4Kwp). So you might as well only go for the more expensive/efficient panel if you have a space limitation. I have ample space so I've gone for the cheaper older technolgy ones. |
#10
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On Apr 6, 5:58*pm, "tim...." wrote:
"David WE Roberts" wrote in ... Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? I don't think it did. ISTM that the people who think that "the sums don't add up" still think that. The fact that commercial operations think otherwise suggest that the negative opinions are formed from out of date data. *I certainly see people make comments such as this is "immature" technology when in fact PV cells were invented more than 30 years ago and the technology is anything but immature. Having said that, it still seems to me that on most "at the coal face" quotes the finances are marginal, but I suspect that this is more down to the installers inflating the installation costs whilst using smoke and mirrors to make the profits seem larger than they are at that cost, just like they always do with "home improvement" installations, but unlike other home improvements this one lives and dies on its financial benefits as the other "user" benefits are zero. If I had a suitable roof, I wouldn't enter into any deal other than one where the installer takes all of the risk. *If you can't get someone to offer you a deal on that basis then you know that any "purchased" installation is being oversold tim Your electricity supplier may well offer just such a deal. It's called "rent a roof". You get free electricity, they get all the subsidised dosh. There's lots of companies out there wants your roof. Problem arises when you want to sell your house. |
#11
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John Rumm wrote:
On 06/04/2011 23:40, Tim Streater wrote: In article , John Rumm wrote: On 06/04/2011 21:22, Tim Streater wrote: In article , John Rumm wrote: [1] In theory you have a contractual lock on the other party to pay the price agreed for the duration, however the cynic in me suspects that the deal is with a subsidiary company of the plc that was setup for the purpose. If it were to convienently go into liquidation at some point you may be stuffed. It will depend on the details of the contract. I see no reason why someone going in for this should not argue the contract terms with them. Like, who gets ownership of the plant if they go into liquidation. Yup agreed, however I was actually thinking of the cases where you buy the kit outright on the understanding that you make enough profit if you get paid 43p/kwh for 25 years. That's a long time in the energy supply business, and to suddenly find that after 7 years your FIT payer vanishes, and you are back to saving grid cost per kwa, you would probably never see a payback. Ah, righto, I see. But perhaps I haven't understood this: if you buy the kit outright then why is the grid not paying you direct? Who is paying the FIT payer? Could you not, in your scenario, set up as your own FIT? In fact why not do that anyway having bought the kit? IIUC, when you buy it outright, then you do a deal with your energy supplier (EDF, EoN etc) to sell them the generated power. The cynic in me suspects that they have cunning plans hatched to get themselves out of such deals should they feel the need to in the future. The tarriffs are not retrospectively alterable. That's part of the whole scam. However, should the bloody thing pack up before its paid for itself, the onus would be on you to get it fixed. And I wouldn't mind betting that the guvmint might not at some stage discover a legal loophole in that fitting a new panel to replace a busted one, was a 'new install' and suddenly wasn't eligible for any FIT at all. Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by |
#12
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On Wed, 6 Apr 2011 20:34:26 +0100, dennis@home wrote:
"root" wrote in message ... On Wed, 6 Apr 2011 08:49:40 -0700, David WE Roberts wrote: Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. To toss another factor into the equation ... While the tech is improving, do you really want to buy now and lumber yourself with a system that could be much less efficient than something that comes out in a few years time? For example, if you spend ??12k now and buy a PV system that just about pays its way provided you amortise the cost over 25 years. What could you do if a new development makes systems available that would be lower cost, more efficient and recoup their costs in 10 years? Efficiency doesn't matter. You get a return of about 9% for 25 years. Presuming you stay in the same house for 25 years. What these devices will do for resale value is unknown. (Esp. if subsidies get axed/reduced or the terms changed so only _original_ installers get them.) Or if they (shock!) don't actually live up to all the hype, apropos output over time, life-expectancy, reliability, next-doors trees shadowing it ... |
#13
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On 07/04/2011 02:21, The Natural Philosopher wrote:
Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by A bloke called Ridley was claiming in The Times the other day that it's feasible to floodlight the PV array using off-peak electricity and still turn a profit at 3am! Can't provide a link, they've started charging for access to their web site. Another Dave |
#14
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![]() "The Natural Philosopher" wrote in message ... tim.... wrote: "David WE Roberts" wrote in message ... Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? I don't think it did. ISTM that the people who think that "the sums don't add up" still think that. No, the sums still don't add up for solar water heating. They only add up for PV because the electricity from a PV panel is sold at over ten times what its worth, cost paid by the rest of electricity consumers. Yes, that was taken as read in the question. There is no need to repeat it as a factor in the discussion. It is the discussion. The fact that commercial operations think otherwise suggest that the negative opinions are formed from out of date data. No, the unbleiveable FITS have been scrapped by DECC. That is irrelevant to the point of whether commercial operations consider the bulk installation of PV profitable or not based upon the full costs of the equipment. The fact that they do has already been proven by installations that have already gone ahead. Only domestic installations will now attract these exorbitant gifts. This has killed all commercial PV in this country stone dead, if they don't get it in by IIRC July. I think that it is only installations on commercial properties that are stopping. Commercial installations on domestic property (where the owner shares the income) will still be allowed. I certainly see people make comments such as this is "immature" technology when in fact PV cells were invented more than 30 years ago and the technology is anything but immature. If I had a suitable roof, I wouldn't enter into any deal other than one where the installer takes all of the risk. If you can't get someone to offer you a deal on that basis then you know that any "purchased" installation is being oversold There is no doubt that PV panels at today's tarriffs are extremely profitable. Payback is in months, not years. So you wont be out of pocket even if they only last a couple of years. I don' think that you have asked for a quote for professional panel installation have you? If you do you will be "sold" a deal that returns about 7-8% (best case), which looks good until you take into account the life of the equipment. Assuming 5% cost of funds, it will take you 40 years to get your money back. Note, that to receive the feed in tariff you MUST have a professional installation tim |
#15
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![]() "Tabby" wrote in message ... On Apr 6, 5:58 pm, "tim...." wrote: "David WE Roberts" wrote in ... Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? I don't think it did. ISTM that the people who think that "the sums don't add up" still think that. The fact that commercial operations think otherwise suggest that the negative opinions are formed from out of date data. That's a creative conclusion TIM- so what's your conclusion? I certainly see people make comments such as this is "immature" technology when in fact PV cells were invented more than 30 years ago and the technology is anything but immature. 30 years in a fairly high tech area is very much immature. Look at where petrol cars were in 1920, radios in 1940, TVs in 1955, computers in 1950. TIM - 30 years is an awful long time in electronics. (15 iterations of Moores' law equals an increase in capability and/or decrease in costs of 30,000 times) Having said that, it still seems to me that on most "at the coal face" quotes the finances are marginal, but I suspect that this is more down to the installers inflating the installation costs whilst using smoke and mirrors to make the profits seem larger than they are at that cost, just like they always do with "home improvement" installations, The real payback figures are hopeless for PV. Howeevr there are plenty of issues to conveniently overlook to make it look workable. TIM - the fact that commercial operations sink their money into it shows that you are wrong. That's when you include the feed in tariff, which is taken as read from the question. (If you want to discuss the situation without that then take your point to a part of the thread that is discussing that) but unlike other home improvements this one lives and dies on its financial benefits as the other "user" benefits are zero. The motivation to go PV is usually the idea that its a green technology. TIM - The average punter doesn't "go green" on principle. He only does it if there is something for him as well If I had a suitable roof, I wouldn't enter into any deal other than one where the installer takes all of the risk. If you can't get someone to offer you a deal on that basis then you know that any "purchased" installation is being oversold tim indeed... try finding such a deal. TIM - If you have the right house it is very easy to get. |
#16
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![]() "John Rumm" wrote in message o.uk... On 06/04/2011 16:49, David WE Roberts wrote: With the arrival of FIT schemes that are prepared to pay many times the actual value of the electricity you export to the grid, then maybe. There are some things to keep in mind if buying your own system - will it last long enough, and will the FITs remain available for the duration[1]. Another option doing the rounds is a scheme where an operator pays you for the use of the space, and installs their equipment. Obviously the upsides are smaller, but then so are the risks. [1] In theory you have a contractual lock on the other party to pay the price agreed for the duration, however the cynic in me suspects that the deal is with a subsidiary company of the plc that was setup for the purpose. If it were to convienently go into liquidation at some point you may be stuffed. They are government guarenteed. Whilst the Government may renege it will be by act of parliament, not because some anonymous company goes into liquidation |
#17
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![]() "John Rumm" wrote in message ... On 06/04/2011 21:22, Tim Streater wrote: Yup agreed, however I was actually thinking of the cases where you buy the kit outright on the understanding that you make enough profit if you get paid 43p/kwh for 25 years. You don't get a deal like that. You get a deal whereby the installer installs, you pay him and he walks away. The amount that you get back (from the leccy co/government) is a "risk", that you take. That's a long time in the energy supply business, and to suddenly find that after 7 years your FIT payer vanishes, and you are back to saving grid cost per kwa, you would probably never see a payback. the FIT payer is the government tim |
#18
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![]() "Vortex10" wrote in message ... On 06/04/2011 4:49 PM, David WE Roberts wrote: Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. Cheers Dave R Don't "fanny about" and get some quotes because that costs nothing. If you have lots of space don't get hung up on the efficiency of the panel, and end up paying more because it's all about £ per kWp. The "rated" output of the panel (not it's area or efficiency) being used to judge the size of the installation. A 2kWp installation will be something under 16m^2 and should cost ~£7k5 - £8k0 or less Have you seen quotes at this level? My sister has an easy roof on a bungalow to install on and is being quoted in excess of twice that tim |
#19
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Another Dave wrote:
On 07/04/2011 02:21, The Natural Philosopher wrote: Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by A bloke called Ridley was claiming in The Times the other day that it's feasible to floodlight the PV array using off-peak electricity and still turn a profit at 3am! That may be possible. But I think its easier to use a diesl generator. Can't provide a link, they've started charging for access to their web site. Another Dave |
#20
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On Apr 6, 4:49*pm, "David WE Roberts"
wrote: Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. And still ignores other factors that are harder to put a price on, such as a personal desire to be less dependent on the grid. MBQ |
#21
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On Apr 6, 8:34*pm, "dennis@home" wrote:
"root" wrote in message ... On Wed, 6 Apr 2011 08:49:40 -0700, David WE Roberts wrote: Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? Is solar power now a reasonable prospect subject to the usual caveats about unproven long term technology and untrusted long term government policy? Having a large south facing roof is making me wonder if I should get some quotes. Also a couple of friends who are generally financially savvy are going down this route. To toss another factor into the equation ... While the tech is improving, do you really want to buy now and lumber yourself with a system that could be much less efficient than something that comes out in a few years time? For example, if you spend £12k now and buy a PV system that just about pays its way provided you amortise the cost over 25 years. What could you do if a new development makes systems available that would be lower cost, more efficient and recoup their costs in 10 years? Efficiency doesn't matter. You get a return of about 9% for 25 years. This is way better than any annuity on the market so if you can use your pension to buy them you are quids in. If you use them as a savings account things are not as clear cut. Also the returns are likely to be lower if the costs drop as the government won't need to have such a high incentive to get you to fit them. There are companies that will install solar PV for free. However they get the FITs And virtual ownership of your roof. MBQ |
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On Apr 6, 5:58*pm, "tim...." wrote:
"David WE Roberts" wrote in ... Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? I don't think it did. ISTM that the people who think that "the sums don't add up" still think that. The fact that commercial operations think otherwise suggest that the negative opinions are formed from out of date data. *I certainly see people make comments such as this is "immature" technology when in fact PV cells were invented more than 30 years ago and the technology is anything but immature. "PV cells" been around a *lot* longer than that. The modern technology is *certainly* immature. If I had a suitable roof, I wouldn't enter into any deal other than one where the installer takes all of the risk. And sign away the rights to your roof. I certainly would not buy a house with copnditions like that attached. MBQ |
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John Rumm wrote:
On 07/04/2011 11:44, The Natural Philosopher wrote: Another Dave wrote: On 07/04/2011 02:21, The Natural Philosopher wrote: Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by A bloke called Ridley was claiming in The Times the other day that it's feasible to floodlight the PV array using off-peak electricity and still turn a profit at 3am! That may be possible. But I think its easier to use a diesl generator. Perhaps so, but the floodlighting example does better illustrate the daftness of the scheme ;-) all this local generation is a sop to greens, and completely pointless really. Its a good way to get the little people employed sticking them on rooves, and the little people feeling they have Done Something and made a smart profit too. Troubles is if everyone deos it, all that happens is that there is a 10x increase of electricity prices and you end up where you started relatively. |
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On Thu, 07 Apr 2011 02:21:34 +0100, The Natural Philosopher wrote:
However, should the bloody thing pack up before its paid for itself, the onus would be on you to get it fixed. And I wouldn't mind betting that the guvmint might not at some stage discover a legal loophole in that fitting a new panel to replace a busted one, was a 'new install' and suddenly wasn't eligible for any FIT at all. That I can see happening, though isn't the FIT cash coming via a levy on the electicity companies, rather than out of the treasury? It's only been channeled through the government. Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by Well they have started chipping away at what is eligiable for FIT payments already. Give it a few years and they will be gone for new installs. As some one said it's a bit of race to get 'em in now before the FIT are either removed or become less financially attractive. You are still taking a gamble on not having significant maintenance costs though. -- Cheers Dave. |
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Dave Liquorice wrote:
On Thu, 07 Apr 2011 02:21:34 +0100, The Natural Philosopher wrote: However, should the bloody thing pack up before its paid for itself, the onus would be on you to get it fixed. And I wouldn't mind betting that the guvmint might not at some stage discover a legal loophole in that fitting a new panel to replace a busted one, was a 'new install' and suddenly wasn't eligible for any FIT at all. That I can see happening, though isn't the FIT cash coming via a levy on the electicity companies, rather than out of the treasury? It's only been channeled through the government. The guvmint REQUIRE the operators to pay FITS,. So instead of being a state subsidy its a ..state subsidy, that doesn't appear on the guvmint books. Its like being required to employ deaf dumb and blind idiots at inflated wages, by passing a law, all the expense falls SomeWhere Else.(TM) This allows the renewables assholes to say 'but we are not subsidised, honest guv!' However the effect is a tax on electricity consumers that gets passed directly to antisocial people installing useless PV panels, at the pubilic's expense, Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by Well they have started chipping away at what is eligiable for FIT payments already. Give it a few years and they will be gone for new installs. As some one said it's a bit of race to get 'em in now before the FIT are either removed or become less financially attractive. You are still taking a gamble on not having significant maintenance costs though. Exactly, If the thing goes phut before its even paid for itself, you are out of pocket. I wont cry. |
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On Thu, 07 Apr 2011 09:23:02 +0100, Another Dave wrote:
On 07/04/2011 02:21, The Natural Philosopher wrote: Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by A bloke called Ridley was claiming in The Times the other day that it's feasible to floodlight the PV array using off-peak electricity and still turn a profit at 3am! While it sounds like a nice idea, I call bull on that. The efficiency of floodlights is quite low and the efficiency of solar panels is, too. Even if the PV converted 25% of incident light into electricity, AND you had lights that converted 25% of their power into usable light, you still end up with 0.25 * 0.25 - 1/16 th of the power out that you put in. PLUS, you'd need a lot of lights to fully illuminate a decent sized array - a single 1KW job pointing at it would not do, since a lot of the array would not be lit by it (unless the PV was circular, and the light was far enough away). Even if you get zero spill and don't have the neighbours complaining (or grassing) and the cops don't assume you're growing pot, the conversion losses still outweigh the FIT gain. |
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On 07/04/2011 15:42, root wrote:
On Thu, 07 Apr 2011 09:23:02 +0100, Another Dave wrote: A bloke called Ridley was claiming in The Times the other day that it's feasible to floodlight the PV array using off-peak electricity and still turn a profit at 3am! While it sounds like a nice idea, I call bull on that. The efficiency of floodlights is quite low and the efficiency of solar panels is, too. Even if the PV converted 25% of incident light into electricity, AND you had lights that converted 25% of their power into usable light, you still end up with 0.25 * 0.25 - 1/16 th of the power out that you put in. I didn't say he was right :-) I agree with you that it's not feasible - but with the FIT being 8-10 times that of off-peak electricity it's not that much of an exaggeration. There are LEDs which are nearly twice as efficient as standard fluorescents, although only in the lab. http://en.wikipedia.org/wiki/LED_lig...nal_parameters Another Dave |
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On 07/04/2011 17:34, Another Dave wrote:
There are LEDs which are nearly twice as efficient as standard fluorescents, although only in the lab. http://en.wikipedia.org/wiki/LED_lig...nal_parameters Correction. More than twice as efficient. So still not feasible, merely possible. Another Dave |
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![]() "John Rumm" wrote in message o.uk... On 07/04/2011 11:06, tim.... wrote: "John wrote in message ... On 06/04/2011 21:22, Tim Streater wrote: Yup agreed, however I was actually thinking of the cases where you buy the kit outright on the understanding that you make enough profit if you get paid 43p/kwh for 25 years. You don't get a deal like that. You get a deal whereby the installer installs, you pay him and he walks away. The amount that you get back (from the leccy co/government) is a "risk", that you take. That's a long time in the energy supply business, and to suddenly find that after 7 years your FIT payer vanishes, and you are back to saving grid cost per kwa, you would probably never see a payback. the FIT payer is the government I was under the impression it came via the lekky company? Still if its the gov, then we know we can trust them to never go back on the deal! Well it does come from the leccy company but it's "guaranteed" by the government. see my previous comment about this guarantee tim |
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![]() A 2kWp installation will be something under 16m^2 and should cost ~£7k5 - £8k0 or less Have you seen quotes at this level? My sister has an easy roof on a bungalow to install on and is being quoted in excess of twice that tim I purchased 2. 2.03kWp, January 2010, £8993 1.925kWp, August 2011, £8250 .....and prices are going down not up. Try www.photonenergy.co.uk |
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On Thu, 07 Apr 2011 18:01:09 +0100, Vortex10 wrote:
I purchased 2. Purchased, past tense. 2.03kWp, January 2010, £8993 1.925kWp, August 2011, £8250 Er, it's only April 2011. .....and prices are going down not up. So why buy now, not in 5 months time for a lower price? -- Cheers Dave. |
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On 07/04/2011 8:08 PM, Dave Liquorice wrote:
On Thu, 07 Apr 2011 18:01:09 +0100, Vortex10 wrote: I purchased 2. Purchased, past tense. 2.03kWp, January 2010, £8993 1.925kWp, August 2011, £8250 Er, it's only April 2011. I meant August 2010. berrrrrrrrrrr. .....and prices are going down not up. So why buy now, not in 5 months time for a lower price? |
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On 07/04/2011 11:06, tim.... wrote:
the FIT payer is the government Taxpayer surely. Andy |
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In message , Another Dave
writes On 07/04/2011 15:42, root wrote: On Thu, 07 Apr 2011 09:23:02 +0100, Another Dave wrote: A bloke called Ridley was claiming in The Times the other day that it's feasible to floodlight the PV array using off-peak electricity and still turn a profit at 3am! While it sounds like a nice idea, I call bull on that. The efficiency of floodlights is quite low and the efficiency of solar panels is, too. Even if the PV converted 25% of incident light into electricity, AND you had lights that converted 25% of their power into usable light, you still end up with 0.25 * 0.25 - 1/16 th of the power out that you put in. I didn't say he was right :-) I agree with you that it's not feasible - but with the FIT being 8-10 times that of off-peak electricity it's not that much of an exaggeration. There are LEDs which are nearly twice as efficient as standard fluorescents, although only in the lab. http://en.wikipedia.org/wiki/LED_lig...nal_parameters Would LED lamps work with a PV panel? Me and eldest daughter were playing around with a kit she was given that had small PV panel in. We were measuring the output voltage, as it wasn't driving the motor in the kit, IIRC the LED maglite torch we tried on it didn't produce anything really -- Chris French |
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On 06/04/2011 18:23, The Natural Philosopher wrote:
tim.... wrote: "David WE Roberts" wrote in message ... Last time I looked at solar panel threads there was an overwhelming view that it just didn't make financial sense and the calculations generally didn't take into account the fact that you had to recover your capital and the interest on your capital (if you just saved/invested it) to break even, before you started to make any savings. Now the recent discussion seems to be more about the immoral use of the subsidies than about the sums not adding up. When did this change? I don't think it did. ISTM that the people who think that "the sums don't add up" still think that. No, the sums still don't add up for solar water heating. They only add up for PV because the electricity from a PV panel is sold at over ten times what its worth, cost paid by the rest of electricity consumers. In fact its sold for more than it costs to generate with a diesel generator. Which is where a lot of 'solar electricity' actually comes from, allegedly. That would be 'alleged' by you. Good call! |
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On 07/04/2011 12:32, John Rumm wrote:
On 07/04/2011 11:44, The Natural Philosopher wrote: Another Dave wrote: On 07/04/2011 02:21, The Natural Philosopher wrote: Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by A bloke called Ridley was claiming in The Times the other day that it's feasible to floodlight the PV array using off-peak electricity and still turn a profit at 3am! That may be possible. But I think its easier to use a diesl generator. Perhaps so, but the floodlighting example does better illustrate the daftness of the scheme ;-) It would if you accepted the arguments of idiots. The FIT is based on a calculated power basis, which uses the alignment, location and area of panels to provide a nominal annual power rating. This is what earns the higher (Generation Tarrif) rate per kwh. The excess electricity generated and actually sent into the Grid earns the Export Tariff of (gosh) 3.1p per kwh. If you really think you can floodlight PVs and make a profit at 3.1p per kwh, you are deluded. And someone believes "a bloke called Ridley", just because he's in a newspaper... |
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On 07/04/2011 17:40, Skipweasel wrote:
In , noone_you- says... A bloke called Ridley was claiming in The Times the other day that it's feasible to floodlight the PV array using off-peak electricity and still turn a profit at 3am! While it sounds like a nice idea, I call bull on that. The efficiency of floodlights is quite low and the efficiency of solar panels is, too. You could cheat and just feed off-peak power back into the grid as if it were solar. Why pay off peak prices for 3.1p/kwh return? |
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On Apr 7, 11:01*am, "tim...." wrote:
"Tabby" wrote in message ... On Apr 6, 5:58 pm, "tim...." wrote: "David WE Roberts" wrote in ... I certainly see people make comments such as this is "immature" technology when in fact PV cells were invented more than 30 years ago and the technology is anything but immature. 30 years in a fairly high tech area is very much immature. Look at where petrol cars were in 1920, radios in 1940, TVs in 1955, computers in 1950. TIM - 30 years is an awful long time in electronics. *(15 iterations of Moores' law equals an increase in capability and/or decrease in costs of 30,000 times) Indeed. But too short to reach any kind of maturity with the tougher problems, which include PV, cars, tvs, etc. The real payback figures are hopeless for PV. Howeevr there are plenty of issues to conveniently overlook to make it look workable. TIM - the fact that commercial operations sink their money into it shows that you are wrong. not really. If a political party pays me £1000 to invest in a 1% savings account, its still a lacklustre 1% account. but unlike other home improvements this one lives and dies on its financial benefits as the other "user" benefits are zero. The motivation to go PV is usually the idea that its a green technology. TIM - The average punter doesn't "go green" on principle. *He only does it if there is something for him as well Those that install solar pv arent average punters, they're a very non- average set. If I had a suitable roof, I wouldn't enter into any deal other than one where the installer takes all of the risk. If you can't get someone to offer you a deal on that basis then you know that any "purchased" installation is being oversold tim indeed... try finding such a deal. TIM - If you have the right house it is very easy to get. So I now know. But this is solely due to a political agenda payment. And how long that will last who knows. Its a real shame that genuinely innovative useful systems are specifically excluded, making the whole exercise rather pointless. NT |
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On Apr 7, 3:22*pm, The Natural Philosopher
wrote: Dave Liquorice wrote: On Thu, 07 Apr 2011 02:21:34 +0100, The Natural Philosopher wrote: However, should the bloody thing pack up before its paid for itself, the onus would be on you to get it fixed. And I wouldn't mind betting that the guvmint might not at some stage discover a legal loophole in that fitting a new panel to replace a busted one, was a 'new install' and suddenly wasn't eligible for any FIT at all. That I can see happening, though isn't the FIT cash coming via a levy on the electicity companies, rather than out of the treasury? It's only been channeled through the government. The guvmint REQUIRE the operators to pay FITS,. So instead of being a state subsidy its a ..state subsidy, that doesn't appear on the guvmint books. Its like being required to employ deaf dumb and blind idiots at inflated wages, by passing a law, all the expense falls SomeWhere Else.(TM) This allows the renewables assholes to say 'but we are not subsidised, honest guv!' However the effect is a tax on electricity consumers that gets passed directly to antisocial people installing useless PV panels, at the pubilic's expense, Cos the FITS wont last very long, if what's happening all over Europe and the world, is anything to go by Well they have started chipping away at what is eligiable for FIT payments already. Give it a few years and they will be gone for new installs. As some one said it's a bit of race to get 'em in now before the FIT are either removed or become less financially attractive. You are still taking a gamble on not having significant maintenance costs though. Exactly, If the thing goes phut before its even paid for itself, you are out of pocket. I wont cry. I quiet agree with you on this. Just one small detail: if I've understood correctly, FIT payments arent connected to energy really produced, so the system can be as dead as a parrot, you don't need to fix it to get paid. NT |
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