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<blockquote data-quote="Crisbe" data-source="post: 635133" data-attributes="member: 327196"><p>Here in the South of the Uk I made enquiries about putting solar panel on our roof. It worked out that we could get approximately 2.5kw from the maximum size of panel we could fit (we only have a small house). This 2.5 kw would of course only be getting produced during the hours of daylight.</p><p></p><p>I did the figures and worked out the total cost of an installation which could feed any surplus back into the grid compared with the amount of money we would save and /or get paid for any surplus. It worked out that it would take over 15.5 years to break even (assuming no maintenance costs during that time).</p><p></p><p>When I took in to account the amount of interest I would lose, if that money was no longer in my savings, it worked out that the break even point would be more like 18.5 years and more like 20 years allowing for maintenance costs over that period. So reluctantly, I had to consider it an uneconomic proposition. </p><p></p><p>If our governments are so keen to go green, they should give people, that want to put solar panel on their roofs, a grant to cover the cost, and then say that any surplus power is the property of the state and the money for it should go back into state funds. That way it would create a boom in solar panel installations, it would create thousands of jobs, both making and installing the equipment, and would reduce the global greenhouse effect a huge amount. They would also slowly get the money back from payment for the surplus energy sent in to the grid.</p><p></p><p>I am sure if this was organised on a national or even global scale the price of the equipment would come right down with the economies of large scale production.</p></blockquote><p></p>
[QUOTE="Crisbe, post: 635133, member: 327196"] Here in the South of the Uk I made enquiries about putting solar panel on our roof. It worked out that we could get approximately 2.5kw from the maximum size of panel we could fit (we only have a small house). This 2.5 kw would of course only be getting produced during the hours of daylight. I did the figures and worked out the total cost of an installation which could feed any surplus back into the grid compared with the amount of money we would save and /or get paid for any surplus. It worked out that it would take over 15.5 years to break even (assuming no maintenance costs during that time). When I took in to account the amount of interest I would lose, if that money was no longer in my savings, it worked out that the break even point would be more like 18.5 years and more like 20 years allowing for maintenance costs over that period. So reluctantly, I had to consider it an uneconomic proposition. If our governments are so keen to go green, they should give people, that want to put solar panel on their roofs, a grant to cover the cost, and then say that any surplus power is the property of the state and the money for it should go back into state funds. That way it would create a boom in solar panel installations, it would create thousands of jobs, both making and installing the equipment, and would reduce the global greenhouse effect a huge amount. They would also slowly get the money back from payment for the surplus energy sent in to the grid. I am sure if this was organised on a national or even global scale the price of the equipment would come right down with the economies of large scale production. [/QUOTE]
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