Solar Panels: Feed-In Tariffs.

trendie

Legendary member
6,533 1,126
Worthwhile investment?
Anybody done this?
Worth it?
What to watch out for?
Discuss. (especially on this nice, sunny day)
 

counter_violent

Legendary member
10,513 2,784
Worthwhile investment?
Anybody done this?
Worth it?
What to watch out for?
Discuss. (especially on this nice, sunny day)

There are companies out there that will fit a system free of charge provided you have a south facing roof. They will give you a small amount in return usually as a percentage of electric bill. In other words, you are renting out the roof space for a nominal gain.

http://www.thisismoney.co.uk/money/...-solar-panels-government-cut-feed-tariff.html
 
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D70

Established member
839 195
Worthwhile investment?
Anybody done this?
Worth it?
What to watch out for?
Discuss. (especially on this nice, sunny day)

I would avoid like the plague.

1. Solar panels are ugly as hell.
2. "free solar panels" means you can use the electricity produced, about £90 a year if you're lucky, plus see point 1. (Also, you cant touch your roof for 25 years).
3. If you buy the solar panels yourself, you get 8% or something "return" but it's not really "return" because once installed, they are worth zero. It's another massive mis-selling scandal. If the govt doesnt tamper with the tariff etc, you will catch up with risk free rates of return around year 16 / 17 of its 25 year tariff "promise".

Hope that is helpful.
 
 
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