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Solar panels

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By *ucy and Carl OP   Couple
over a year ago

Broadstairs

I have read the other threads on this subject. Got a phone call from an electrical company in Ipswish yesterday offering to install 6 to 16 panels (depending on house size) for £100. Yes one hundred pounds. The catch is you don't get paid for any of the excess that is fed back into the grid until paid for. Has anyone else taken up an offer like this or know someone who has? What are the opinions?

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By (user no longer on site)
over a year ago

Do you get free electric though? If you do that sounds like a good deal to me.

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By *ucy and Carl OP   Couple
over a year ago

Broadstairs

Yes we get the power that's generated. But the excess power (feed in tarrif) we don't get paid for.

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By (user no longer on site)
over a year ago

We can't have them on our house as we live in a conservation area. Took us years to get a Sky dish and when I wanted a new front door you'd think I was asking the Queen for a blow job

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By *nnyMan
over a year ago

Glasgow

This is 'rent a roof'.

The internet offers info on the potential and pitfalls.

The first thing I noticed was that there are firms who offer 100% free installation but, as ever, there may be a catch.

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By (user no longer on site)
over a year ago

Is your home yours or mortgaged or rented?

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By *ucy and Carl OP   Couple
over a year ago

Broadstairs

Mortgaged

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By *ucy and Carl OP   Couple
over a year ago

Broadstairs


"This is 'rent a roof'.

The internet offers info on the potential and pitfalls.

The first thing I noticed was that there are firms who offer 100% free installation but, as ever, there may be a catch."

Thankyou. Will take a look.

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By (user no longer on site)
over a year ago

Have you checked with your lender? And what happens if you decide you want to move house? Aren't these contracts over quite long periods ? I think I saw E-on suggesting 25 years

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By *ree8iveMan
over a year ago

CORNWALL

I have heard of problems with mortgage lenders and buildings insurance cover with rent a roof...maybe worth checking with yours before accepting any offer.

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By (user no longer on site)
over a year ago

Got one on top of my motorhome does that count ,,,,

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By *nnyMan
over a year ago

Glasgow

If its such a good deal, I'm surprised more organisations, property factors etc haven't gone for it if only to provide power for common area lighting, lifts etc.

Maybe it's just that they don't bother cos someone else is already paying.

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By *ammyDodgaMan
over a year ago

Nottingham/and everywhere my location says i am ;)


"If its such a good deal, I'm surprised more organisations, property factors etc haven't gone for it if only to provide power for common area lighting, lifts etc.

Maybe it's just that they don't bother cos someone else is already paying."

They have, if you drive through Lincolnshire you'll see what was once farm land now is solar fields. There was no regulations at first and people made a packet. Now it's been tightened and the fields are non lucrative, it's turning to houses.

If you plan on staying for 25 years no bother, if you don't good luck selling the house as its like a Covenant on it. Next person along might not be intrested in allowing people into there home regularly for inspections etc.

Research, research, research. Like all things. Sounds to good to be true. Probably is

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By *ucy and Carl OP   Couple
over a year ago

Broadstairs


"If its such a good deal, I'm surprised more organisations, property factors etc haven't gone for it if only to provide power for common area lighting, lifts etc.

Maybe it's just that they don't bother cos someone else is already paying.

They have, if you drive through Lincolnshire you'll see what was once farm land now is solar fields. There was no regulations at first and people made a packet. Now it's been tightened and the fields are non lucrative, it's turning to houses.

If you plan on staying for 25 years no bother, if you don't good luck selling the house as its like a Covenant on it. Next person along might not be intrested in allowing people into there home regularly for inspections etc.

Research, research, research. Like all things. Sounds to good to be true. Probably is"

Thanks for the comments. Agree research is a must. Been doing that including this thread.

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By (user no longer on site)
over a year ago

same company.

You will be getting a loan to pay the cost of installation. In theory what you get back via the tariff, pays for the loan. This is unlikely (a) in the first year, (b) winter. CJ electricals don't guarantee minimum payment from panels.

You will be told that the value of your house will go up... Internet research disproves this. My local estate agent also. In the future it might, but not present climate. They reckon 8 years will pay off loan but if you want to move in that time then you haven't benefitted.

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By *nnyMan
over a year ago

Glasgow

I wouldn't have thought it would be too difficult a job on a DIY basis, so long as you're happy on roofs.

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By *ucy and Carl OP   Couple
over a year ago

Broadstairs

Cj Electrical is the company. We have no plans to move. But I think we are very quickly making our minds up.

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By (user no longer on site)
over a year ago


"I have read the other threads on this subject. Got a phone call from an electrical company in Ipswish yesterday offering to install 6 to 16 panels (depending on house size) for £100. Yes one hundred pounds. The catch is you don't get paid for any of the excess that is fed back into the grid until paid for. Has anyone else taken up an offer like this or know someone who has? What are the opinions? "

that's explains why every other house round here is getting solar panels round here, I was wondering what the new fad with them was

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By (user no longer on site)
over a year ago


"Cj Electrical is the company. We have no plans to move. But I think we are very quickly making our minds up. "

What contract period are they quoting out of interest?

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By *ucy and Carl OP   Couple
over a year ago

Broadstairs

Not sure. Told them to call back as wanted to do some enquiries first. They are calling back Friday. Think I may politely decline their offer

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By (user no longer on site)
over a year ago


"Not sure. Told them to call back as wanted to do some enquiries first. They are calling back Friday. Think I may politely decline their offer"

If you have nothing better to spend your money on, the theory of long term investment is good.

However there maybe better companies with better panels/ longer warranties.

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By *ophieslutTV/TS
over a year ago

Central

At least you're seemingly aware of pitfalls, and how things may be done to benefit you more fully.

As time's gone on, the cost of solar panels has fallen, so they're less than a couple of years back: obviously this will change, it's not guaranteed.

I'd firstly check out how much solar power I'm likely to generate. There's an Energy Savings Trust calculator here http://www.energysavingtrust.org.uk/Generating-energy/Getting-money-back/Solar-Energy-Calculator You put in your postcode, roof size and orientation of your home etc and is easy to use. It calculates the financial aspects, and makes working out whether or not solar is a good idea.

To earn the biggest feed in tariff rate, you need an Energy Performance Certificate rated at D or above. Insulated homes etc all work towards this.

My gut feel is that the current tariffs will remain and equipment and install costs will be stable, or fall slightly, due to economies of scale. But that electricity prices we pay for metered use will definitely go up. As such, I think the ideal way is for each of us home owners to get the full financial payback from our homes and sun power. It's us who takes the risk, and not these people who install stuff - it's not as if we'll have total consumer power, if we're not fully paying for something, and if we have issues selling our homes etc, will these rent a roof people care to help us?

Ikea are going to be rolling out solar power over the next year or so, fully installed for about £5,700. This isn't a tiny sum of money, in today's climate, but I prefer to gain, where I'm standing the risk. It is us, after all, who've paid the huge amount to buy the land, in the first place.

I think anyone's got a cheek, asking me to pay £100 for them to benefit from my land, so that they can earn electricity cash from the govt!

The wayleaves that are paid to landowners up and down the country, by the likes of National Grid etc are not cheap. This seems like a way for other companies to get in, not pay wayleaves, and then earn big, probably by providing substandard equipment, that householders have little control over.

Buyer beware. If that offer suits you exactly, after reviewing other options etc, then take it. My gut feel is that it's not that hot, and you could do better.

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