9fingers
Established Member
Is anyone here considering or already have, a UK domestic solar electricity micro generation scheme installed and interesting in comparing notes please?
Cheers
Bob
Cheers
Bob
misterfish":3qdfb3f5 said:Yes. If you look at the other thread (mentioned above) that I started last year there are some basics of our system. As somewhat of a geek I have been keeping daily stats of our system including the installation of a datalogger that records data every 5 minutes.
Our first 3 months of generation finishes next weekend and we have to submit our first reading for the Fedd In Tariff payments and I'll extrapolate from that the realistic potential.
Let me know what info you're interested in. Of course, you're welcome to come and look at our system
Misterfish
Carlow52":22vpntzd said:As a matter of interest what life span are the different suppliers quoting for the PV panels?
Thanks
9fingers":1d9qzfa6 said:After numerous quotes and differing degrees of BS from reptiles, I have now put down a deposit for a Solar PV system for my workshop roof.
It should be installed in January as I have chosen a panel size made from unobtainium in UK but will get a better yield from my particular roof area/aspect ratio.
Predicted return is abut 11% per annum on capital invested so will better than the building society!
It certainly pays to shop around as some systems would generate more power but the extra cost reduced the yield to 9%!
Thanks for everyone's input.
Bob
miles_hot":u545nezx said:Bob
Who do you go to for your pannels?
I'm always confused by the "return on investment" idea; maybe you can throw so light into the darkness of my ignorance?
If you've spent £8500 on the system and you are clearing £1000 / year that seems to mean that you will break even in 8 years, 6 months. Until that point the "investment" isn't making you any money. Am I missing something here as every one talks about this being better than money in the bank etc but until you've broken even that's not the case (assuming that the capital value of the system is zero which could be unfair).
Now, assuming that the above is right (which is a big assumption I'll grant) I modelled the effect of putting £8.5K in the bank vs on the roof and found it would take 27 years for the PV to out perform the bank:
PV:
Year Return Balance
0 0 -8500
1 1000 -7500
2 1000 -6500
...
10 1000 1500
11 1000 2500
....
26 1000 17500
27 1000 18500
Bank (2.9% interest rate - best rate from Google today)
Year Return Balance
0 0 8500
1 246.50 8476.60
2 253.65 9000.15
....
10 318.33 11312.87
11 328.07 11640.94
...
26 503.73 17873.87
27 518.34 18392.22
now all this of course assums not only a daft level of interest rates but also that energy costs will not rise inflating the rate of return etc (or would that depress the rate of return as the energy costs start to climb towards the artificial feed in rates?)...
Can someone point out to me which end of the stick I'm holding as I still can't see that PV makes sense and I really would like to be able to do it!
many thanks
Miles
9fingers":3d9277em said:I did look at solar water heating and rejected it on the grounds of
1) much lower payback rates on capital employed (A friend has spent £4000 and is saving £200 pa and will be fortunate to live another 10 years))
2) The system would have to be on my house roof and that is shaded by next door whereas the PV system can go on my workshop roof which is not shaded.
Bob
RogerS":2lshcrbp said:Bob
What are the practical aspects of installation from the cabling point of view? Distance from panels to meter, capacity etc.
Roger
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