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22-08-11, 06:25 PM | #31 | |
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Re: Solar panels
Quote:
Have Done, it reckons 'estimated payback' is 14 years. However, thats really vague, as it doesn't explain if thats just a return of capital, or break even when versus investment |
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22-08-11, 06:37 PM | #32 | |
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Re: Solar panels
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But that is just return of capital, you can see from the figures. However, as stated, my 14k invested could easily be 20k in that time, which would take the generation over 13 years to accumulate, by which time my original investment would have reached... You see where I am going? Now if you invest all your returns each year, say in ISA or better still RPI bonds, then the break even point is reached quicker, But still not the 9 years they quote, not by a long way. |
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22-08-11, 06:51 PM | #33 |
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Re: Solar panels
tell you what, you pop your 14K into your investment portfolio, I'll sup a few beers and watch the weather and we'll compare notes in 10 years
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22-08-11, 08:03 PM | #34 |
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Re: Solar panels
Does that calculator take into account inflation and the probable rise in electricity costs?
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22-08-11, 08:22 PM | #35 | |
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Re: Solar panels
Quote:
The tool doesn't include the following:
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22-08-11, 08:38 PM | #36 |
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Re: Solar panels
So all the variants cancel each other out then?
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22-08-11, 08:52 PM | #37 |
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Re: Solar panels
being a poor divorced single dad I now have the "honour" of living in a council house(Yes I do work).The coucil are fitting all their housing stock with solar panels and mine goes in next week.Although they get any profit produced ,I do get free daytime electric.What is the best/least expensive/safest elecrical heating system I can get ,to get my house toasty for when I get home from work.Ar oil filled rads any good?
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22-08-11, 09:00 PM | #38 |
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Re: Solar panels
have to insulate your house pretty well to hold the heat which will be your main problem unless you are only home during the day?
Oil Filled Rads are ok or just a couple of 2KW heaters |
22-08-11, 09:12 PM | #39 | |
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Re: Solar panels
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22-08-11, 09:18 PM | #40 |
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Re: Solar panels
All a bit ambiguous really isn't it.
A worry is the unproven longevity of the equipment. The inverter will almost certainly fail, the PV panels are not expected but who can tell. Its all and well having a 20 year guareentee, but from a company thats been trading for just a year or so its a hard one to believe in. |
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