G
Giga2
Peter Franks said:
Because the newest generation panels will be better and a 10th of the price?
Peter Franks said:
Because the newest generation panels will be better and a 10th of the price?
Good point. What will be the residual value of 25 year old solar panels?
Will an item guaranteed for five years by the manufacturer actually last
that long? I would imagine your guess is as good as mine
Because the newest generation panels will be better and a 10th of the price?
Joking aside, I'd put a few up if they WERE a tenth of the price and doing
so didn't cost everyone else money in the form of higher electricity
prices.
The cost of panels isn't the only factor to be considered when
deciding to install them; like wind turbines, without generous Feed in
tariffs working alongside the Renewables Obligation they would never pay
their way. Currently these measures are adding around 15% to all fuel bills
and that's expected to rise significantly as penetration levels increase.
These are tough times for many people though. The government has said it
will review FITs with a view to delivering £40 million of savings (around
10%) in 2014/15. How they intend to do that is anyone's guess. Reducing the
guaranteed price perhaps? The DECC says "The review will be completed by
the end of 2011, with tariffs remaining unchanged until April 2012" but add
... "(unless the review reveals a need for greater urgency)."
Considering the fact that renewables subsidies are expected to amount to
around £5 billion in 2020 through the renewables obligation alone and
around £360 million through the climate change levy exemption (both figures
in 2010 prices, quoted by the Parliamentary Under-Secretary of State to
the DECC in Lord's Hansard 19 Jan 2011 : Column WA33), I expect the
government's sense of 'urgency' could rise very soon.
news:[email protected]... [..]
Oh yeah, opportunity cost. Always easy to forget. I think 5% is a
reasonable estimate for such figures. So the question is will it
still be worth quite a lot in 15 years?
No.
Because the newest generation panels will be better and a 10th of the
price?
Joking aside, I'd put a few up if they WERE a tenth of the price and
doing so didn't cost everyone else money in the form of higher
electricity prices.
Cost isn't the issue, cost /effectiveness/ IS.
As soon as they are cost effective, I'll install them.
At current prices, they are NOT cost effective, so why would I install
them?
The cost of panels isn't the only factor to be considered when deciding
to install them; like wind turbines, without generous Feed in tariffs
working alongside the Renewables Obligation they would never pay their
way. Currently these measures are adding around 15% to all fuel bills
and that's expected to rise significantly as penetration levels
increase.
These are tough times for many people though. The government has said
it will review FITs with a view to delivering £40 million of savings
(around 10%) in 2014/15. How they intend to do that is anyone's guess.
Reducing the guaranteed price perhaps? The DECC says "The review will
be completed by the end of 2011, with tariffs remaining unchanged until
April 2012" but add ... "(unless the review reveals a need for greater
urgency)."
So, how exactly does government 'reduce the price'?
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in message news:[email protected]...
You obviously do not understand electrical units!
Now other than your very obvious thread title displaying not knowing the
difference between power and energy... where did you get the ridiculous
idea you would ever "break even" on this investment?
If you put out $11,000 for the materials and installation the lost
investment interest on that, alone would come to ( I am being kind.. I
average more like 9-10%)
$11000 x 5% = $550 per year.
In your "15 year payback time", you bragged, the interest lost would
amount to $8,250 (uncompounded even). In the time you take to
"break-even" you will have repair and probably be replacing some of
these panels with new ones. I doubt your grid-tie will survive the 15
years, especially with that poor quality European energy, it is attached
to.
In short, until systems get a lot cheaper the payback time is "until
death do us part". Then it will cost your estate to have it removed.
BTW: In America you would be removing that system to sell your house
unless you want to deep discount it. Everybody wants one but to start
fresh with their own. This will change.
I have some swamp land to sell you in Florida. Absolutely no crocodiles,
guaranteed.
mike
"Pretty much" yes, but it's the exceptions that kill you. Most invertersGiga2 said:After all its pretty much a solid-state component with no moving parts
I can't see any particular reason they wouldn't last for 50 years
It has already been spring for two of those
eight weeks.
In the summer you will produce more power than you
can use, but in January not enough.
I have about 3 m2 on the roof of my trailer. With LED light
fixtures and gas heat and cooking it produces
enough. After a few months of
operation the inverter died. I had to remove it (big job)
to repair it. When I repaired it, I found a design flaw
in the inverter. It needs to draw about 100 amps to power
the microwave, and the wires and connectors in the box
are not big enough. The connectors melt and produce smoke.
Solar panels are not zero maintenance. They gradually become
covered with dust which reduces the efficiency. They need to
be accessible for cleaning, and they need to be cleaned regularly.
Solar power pays in some places but not others. A person needs
to be aware of all the issues add things up carefully. Good
luck with your project.
Investment 11690€ net
Trawley Trash said:No salesman talked me into this. It was an experiment. I guess you
think it is stupid to try something and report the results? Smart
people only spend their time cutting others down, eh?
The inverter was rated for it. It was not cheap. The
batteries were special and held up, but they are high maintenance
golf cart batteries.
The biggest problem was finding a low power microwave. Time after
time I found the power consumption numbers stated in literature
to be wrong. If I could have found a 550 watt microwave like I
planned, everything would have been fine. My first microwave
was that size, but they don't seem to make them that small any more.
Gross?
I agree. I have a Casio HS-7 solar powered calculator. I got it when I
started teaching in 1980. It's battered, but it still works perfectly
today (and actually in lower light intensities than a more recent
one). It's working **31 years** after being bought and I see no reason
why it won't work in another 31 years time. I think it will see me
out. I know it is not the same as rooftop solar panels, but it does
illustrate that this kind of solid-state technology can be extremely
reliable.
I find the discussion about ROI, guarantees etc etc fascinating... I
wonder how many of the people poo-pooing PV panels here pay as much
attention to the TCO of their new cars costing 2-3 times as much as a
roof full of PV panels, not to mention whether the car will still be
working in 25 years time and how much it will still be worth?
And yes, the panels have a guaranteed profile for performance over 10 years.
I find the discussion about ROI, guarantees etc etc fascinating... I
wonder how many of the people poo-pooing PV panels here pay as much
attention to the TCO of their new cars costing 2-3 times as much as a roof
full of PV panels, not to mention whether the car will still be working in
25 years time and how much it will still be worth?
lol
And yes, the panels have a guaranteed profile for performance over 10
years.
Falcon said:Joking aside, I'd put a few up if they WERE a tenth of the price
and doing
so didn't cost everyone else money in the form of higher electricity
prices. The cost of panels isn't the only factor to be considered when
deciding to install them; like wind turbines, without generous Feed in
tariffs working alongside the Renewables Obligation they would never pay
their way. Currently these measures are adding around 15% to all fuel
bills
and that's expected to rise significantly as penetration levels increase.
These are tough times for many people though. The government has said it
will review FITs with a view to delivering £40 million of savings (around
10%) in 2014/15. How they intend to do that is anyone's guess. Reducing
the
guaranteed price perhaps? The DECC says "The review will be completed by
the end of 2011, with tariffs remaining unchanged until April 2012" but
add
... "(unless the review reveals a need for greater urgency)."
Considering the fact that renewables subsidies are expected to amount to
around £5 billion in 2020
Peter Franks said:news:[email protected]... [..]
Oh yeah, opportunity cost. Always easy to forget. I think 5% is a
reasonable estimate for such figures. So the question is will it still
be worth quite a lot in 15 years?
No.
Because the newest generation panels will be better and a 10th of the
price?
Joking aside, I'd put a few up if they WERE a tenth of the price and
doing
so didn't cost everyone else money in the form of higher electricity
prices.
Cost isn't the issue, cost /effectiveness/ IS.
As soon as they are cost effective, I'll install them.
At current prices, they are NOT cost effective, so why would I install
them?
From somebody who is not doing there 'bit' to someone who is!Falcon said:[..]
Oh yeah, opportunity cost. Always easy to forget. I think 5% is a
reasonable estimate for such figures. So the question is will it
still be worth quite a lot in 15 years?
No.
Because the newest generation panels will be better and a 10th of the
price?
Joking aside, I'd put a few up if they WERE a tenth of the price and
doing so didn't cost everyone else money in the form of higher
electricity prices.
Cost isn't the issue, cost /effectiveness/ IS.
As soon as they are cost effective, I'll install them.
At current prices, they are NOT cost effective, so why would I install
them?
The cost of panels isn't the only factor to be considered when deciding
to install them; like wind turbines, without generous Feed in tariffs
working alongside the Renewables Obligation they would never pay their
way. Currently these measures are adding around 15% to all fuel bills
and that's expected to rise significantly as penetration levels
increase.
These are tough times for many people though. The government has said
it will review FITs with a view to delivering £40 million of savings
(around 10%) in 2014/15. How they intend to do that is anyone's guess.
Reducing the guaranteed price perhaps? The DECC says "The review will
be completed by the end of 2011, with tariffs remaining unchanged until
April 2012" but add ... "(unless the review reveals a need for greater
urgency)."
So, how exactly does government 'reduce the price'?
Feed in tariffs are set by the government.
Subsidies don't reduce price, they just shift costs from one person to
another through compulsion.
Correct.
Peter Franks said:Presumably. Also, it will have depreciated and have virtually no resale
value.
Tom P said:Investment 11690€ net
Predicted output/yr 2.600 Kw
FIT 0.28€/Kw
Revenue 728+
insurance 88-
maintenance 100-
---
Balance 560€ profit
Writeoff PA 5% 584€
Balance 22€ loss
Taxable profit zero
ROI 4.79% tax free
Peter Franks said:[..]
Oh yeah, opportunity cost. Always easy to forget. I think 5% is a
reasonable estimate for such figures. So the question is will it still
be worth quite a lot in 15 years?
No.
Because the newest generation panels will be better and a 10th of the
price?
Joking aside, I'd put a few up if they WERE a tenth of the price and
doing
so didn't cost everyone else money in the form of higher electricity
prices.
Cost isn't the issue, cost /effectiveness/ IS.
As soon as they are cost effective, I'll install them.
At current prices, they are NOT cost effective, so why would I install
them?
Maybe to do something for the general good?