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#1 17-09-11 15:00:21

Hilary Hughes
Verified Member
From: Stockport, Manchester
Registered: 25-06-04
Posts: 1,232
Website

Solar Panels

Has anyone had experience of installing solar panels on a feed in tariff? I like the idea of flogging the power back to the grid but I understand it's expensive to get the panels fitted when you do that.

Does anyone know how this can be done cheaply to make a quicker profit?

Hilary


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17-09-11 15:00:21

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Re: Solar Panels




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#2 17-09-11 21:55:46

la.monikita
Verified Member
From: SE LONDON / KENT
Registered: 12-03-05
Posts: 3,064

Re: Solar Panels

If things were done cheaply for quick profit everyone would be doing it. Panels are expensive. I looked into it as I have a whole side of my house facing south...not yet maybe in the future.


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#3 18-09-11 08:05:48

Hilary Hughes
Verified Member
From: Stockport, Manchester
Registered: 25-06-04
Posts: 1,232
Website

Re: Solar Panels

If things were done cheaply for quick profit everyone would be doing it.

I think you'd be surprised. Not everyone had even heard of it, believe it or not.

Hilary.


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#4 19-09-11 00:34:33

clwydian1
Verified Member
From: Northampton
Registered: 16-06-11
Posts: 68
Website

Re: Solar Panels

There is no cheap way as far as I know but the money you earn selling power back to the grid is higher than the interest rate you'll get if you put the money in the bank.

So long term, A good investment  big_smile

Danny


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#5 19-09-11 07:19:26

Hilary Hughes
Verified Member
From: Stockport, Manchester
Registered: 25-06-04
Posts: 1,232
Website

Re: Solar Panels

Yes, that's what I thought. I'm still making enquiries but I gather some places are managing to fit the panels more cheaply than others - but still approved. I suspect the whole thing will become cheaper soon but the pay back tariff  will probably reduce as well then.

Hilary.


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#6 19-09-11 09:54:27

stevebroadley
Member
Registered: 11-09-11
Posts: 7

Re: Solar Panels

Hilary, you might want to look at:

http://www.moneysavingexpert.com/utilit … -panels#vs

Steve

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#7 19-09-11 16:10:08

Hilary Hughes
Verified Member
From: Stockport, Manchester
Registered: 25-06-04
Posts: 1,232
Website

Re: Solar Panels

Thanks Steve,

I have a local chap coming round tomorrow to explain things in great detail. It's all starting to make a bit more sense anyway.

Hilary.


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#8 31-01-12 11:12:40

jeffdehn
Member
Registered: 28-01-12
Posts: 10

Re: Solar Panels

Hey, I am also interested in installing the solar panels on my home roof and in my office. My friend has suggested me a company that provides the best solar panels on affordable price. I am here to know more about the efficiency and reviews for solar panels. Please share some views for me.


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solar panels georgia
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#9 31-01-12 12:42:11

Daveyboy
Verified Member
From: Nr Alford, Lincolnshire
Registered: 25-01-09
Posts: 377

Re: Solar Panels

We looked at this last year, the company ecovision would fit them for free. You received free electric; they received the profit from the Feed in Tariff.

The reason we didn't go ahead was the local council, there is a covenant in this area preventing the house owner from using the property as a business or running a business from here.

What the contract did was lease the roof area to ecovision for 25 years. This was looked at by the council as running a business.

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#10 04-02-12 08:21:08

christhedrummer
Verified Member
Registered: 18-10-06
Posts: 1,163
Website

Re: Solar Panels

It's funny this should be mentioned. We've been in touch with a company called Greentricity who, like Daveyboy, have offered to install panels for free by leasing the airspace above our roof. The deal is free electricity DURING DAYLIGHT HOURS which we worked out, if we do all our laundry and drying during this time, may save us £100 a year, if that.... Once the panels are installed then we have the option to buy them. To get enough panels for our roof you'd be talking the best part of 8 grand but we can buy them for approximately 4.5k in the first year. With the potential income generated by our roof area being around 6-700 a year we could see a return within a few years.

The good thing about solar panels is that you own them. If you move house you still own them and still get to keep the income generated. If you die you can leave them in a will and the income will go to them. Also, if you get the free panels then after 25 years when the lease ends they automatically become yours.

The one downside to solar panels is the value to your house if you were to sell up. My cousin is an estate agent and says that people are scared of solar panels so having a roof covered in them will put off potential buyers however, those who are a little more eco-concious may well be more inclined to buy.

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