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[quote][i]Originally posted by whitter45[/i] [quote][i]Originally posted by drunkenfool[/i] Jules, the 41.3p per kwh generated is definitely correct and is guaranteed for 25 years from April 2010. We've had the site survey and our roof is 32 degrees from horizontal and 3 degrees off due south so is basically perfect for solar, and it's big enough to have a 3.6kwp system. I understand that the technology will improve and get cheaper but the main point right now is that it's not the money saved from the energy produced that is the main benefit, but the much higher payback that is coming from the energy companies paying you 41.3p per khw produced. We should be getting the actual figures in the post in the next couple of days but it will be something like a £15k investment which will pay back about £1200 a year, tax free, and guaranteed for 25 years. One very interesting point though is that this 41.3p per kwh from the energy companies is basically being subsidised by the average bill payer if they have solar or not, so basically if you aren't one of the people with the panels receiving the Feed In Tarrif, then you are effectively paying for those people that are. [Edited on 05-10-2010 by drunkenfool] [/quote] The money is generated by the suppliers i,e you see it on your bill as a green energy tax. basically as of april 2010 the feed tariff is £0.41/KWH and is paid to the generator regardless of what they do with it Therefore if you use the energy you use less of the grid and they pay you for it. If you dont use it you can feed it back to the grid at £0.12 thus potnetially giving you £0.53/KWH generated Drawback are obviously the demand is generated during the day so you still use grid energy at night. Also I would advise staying away from funded projects as basically the project is paid out of the generation tariff. If you can stump up the money its worth it and work on 4k/KW for supply and installation Please also note the £0.41 generation tariff is fixed for 25 years but as the technology becomes more wide spread this will drop. So basically if you act early you will get the £0.41 for 25 years regardless of how popular it becomes If you have the cash its worth an invetsment. Please also remember that if you see your neighbour with solar panels you will be paying for their generation tariff income in your energy bill lol I work in commerical industry and I met a company yesterday who I am potentilally setting up a framework agreement with - they are called Wirsol and I am looking for them to install the kit on my house also as they do both domestic to Solar parks up to 20MWH For information on feed/generation tariffs visit http://www.solarchoice.uk.com/feedintariff.php Also if you buying a new house do not specify in the spec and do it afer its built as the FIT is lower on a new build rather than retrofit but consider cost of scaffolding etc Hope this helps [Edited on 14-10-2010 by whitter45] [/quote]
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