Archive for ‘PV & EV’


Generate an income with PV solar panels

Wednesday, December 1st, 2010

A lot of people don’t believe it is reasonable to use solar technology in the UK, but that’s not the case.

Chinese solar panel farm with Panda

The Chinese are throwing down the solar pioneer gauntlet to the men of Great Britain.

Germany is the most significant market with around 40% of the world’s total and the UK has about 60% of the sunlight on average than the equator.

The solar market is vast in Germany with the UK market expected to follow over the next few years.

If you are a commercial enterprise or a homeowner with southerly facing roof space, PV (photovoltaic) solar panels are becoming a new buzz word in the world of investment.

Planning permission has been granted to transform a former Wescott airfield into what could be the UK’s first commercial PV solar panel site.

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Free PV solar panel offers

Wednesday, November 3rd, 2010

I am considering an offer of free PV (photovoltaic) solar panels on my house. The offer seems very generous. There is no charge, a 25-year guarantee and all work involved is done by accredited installers. Is there any drawback to this type of solar panel offers?

Yes, there are several drawbacks.

The feed-in tariff (Fit scheme), where homeowners generating their own electricity are paid by energy companies for every unit of power they feed into the national grid.

It is the Fit scheme that makes photovoltaic, solar panels worthwhile as an investment because it might earn the average solar owners around £900 a year from a £12,000 to £15,000 (around 7% return as opposed to 3% by leaving it in a bank account).

The promotional literature from these types of solar companies suggests that the average homeowner signing up for this type of rent-your-roof scheme will reduce their electricity bills by around £150 per year. (more…)