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. Read the rest of this entry »
Free PV solar panel offers was last modified: February 18th, 2020 by Stuart Lovatt
An admittance by Ministry of Defence staff on Jeremy Vine afternoon talk show today came as a shock to many people in the United Kingdom.
Brexit. My Arse.
An anonymous caller into to the show admitted that the Ministry of Defence is already planning for future wars over energy which prompts the question, what plans do the new coalition government have to reduce our countries dependence on insecure resources.
PV solar panel installations have always been used by environmentally conscious people to live a more eco lifestyle than others but are now becoming a mainstream technology.
However, these days the solar panel industry has matured, the technology has evolved to squeeze more energy from the sun.
Nowadays, you are more likely to see a solar installation in a retired couple’s home than that of environmentalists.
Stuart Lovatt, the founder of Power My Home, which promotes, the use of solar panels says “The demographic of people installing solar panels has changed from the art titled green consumer to anyone, anywhere.