FIT Announcement expected tomorrow (Thursday)

[SRE]

If it was planned and deliberate why didn't they tell us earlier!

 

[Gavin A]

are we the first to get this on our website?

 

[FIT-PV]

Any news about commercial rates?

 

[Energetic]

Hate to say it but the price 'race to the bottom' has encouraged further cutting...

 

[pcollins]

Well he's evidently going to tell us how much we should be selling for. If so presumably he can tell us which corners we can cut as well.

As an aside I notice OFGEM haven't yet halved their notification fee (sad I know, but no less pithy than the point scoring now going on on telly)

 

[Energetic]

Ooo, apparently we need to bring down installation costs

He failed to change my mind. i still want to smack him.

Hear Hear...

 

[whinmoor]

Not ideal. Probably going to spark a boom during July and nothing in August.

Who needs to print new literature? Ours say 25 years. Might go and stick them thru door-to-door this weekend. Either that or a black marker pen.

 

[Gavin A]

Hate to say it but the price 'race to the bottom' has encouraged further cutting...

I think that's more down to compensating for the increase to the export rate.

The combined impact of the 16p FIT rate, 4.5p export rate is better than 16.5p FIT + 3.2p export. The reduction to 20 year payback period obviously makes that worse over the lifetime, but tbh I really don't see this aspect being too bad, and we've had a fair few older customer put off by the 25 year payback period, so there could even be some benefits from this.

 

[dansk]

so there could even be some benefits from this.

Thats the Yorkshire spirit we like to see ;-)

 

[whinmoor]

I think that's more down to compensating for the increase to the export rate.

The combined impact of the 16p FIT rate, 4.5p export rate is better than 16.5p FIT + 3.2p export. The reduction to 20 year payback period obviously makes that worse over the lifetime, but tbh I really don't see this aspect being too bad, and we've had a fair few older customer put off by the 25 year payback period, so there could even be some benefits from this.

Sounds to me like clutching at straws desperately trying to find a glimmer of good news.

The benefit's very marginal. The export rate effectively has to be halved to account for the 50% deemed export, doesn't it? So the true figures are:

New: 16p + 2.25p = 18.25p
Old: 16.5p + 1.6p = 18.1p

The customer will barely notice the difference but reducing the duration from 25 years to 20 will typically cost maybe 500-700 per year in today's money for years 21-25.

 

[SolarRoofSols]

its now on DECC

Government response to consultation on Comprehensive Review of Feed-in tariffs Phase 2A: Solar PV Cost Control - Department of Energy and Climate Change

With the info abour Commercial and non EPC properties - just downloading it now

 

[PVKitsDirect]

I'll have to do some number crunching. It may be worthwhile going over the 4kW install size so as to be able to make greater savings in the home for people who use it during the day.

I'll be back...

 

[SRE]

Our solar future are quoting 16p for 20 years is equivalent to 13.5p for 25 years.

Every day I pass an installation that doesn't have a roof kit - yes I did say doesn't have a roof kit!! Well that's a good few hundred quid of the installation costs, I'll forget the structural assessment, that's a few more quid, we're in training with ropes and hooks to see if we can dangle from them to get rid of the cost of the scaffolding - any more suggestions for Barking cost cuts?????

 

[SRE]

Not ideal. Probably going to spark a boom during July and nothing in August.

Who needs to print new literature? Ours say 25 years. Might go and stick them thru door-to-door this weekend. Either that or a black marker pen.

Me - again! We've got 2000 to get out this weekend. At least the weather is decent.

 

[PVKitsDirect]

The inverter cost is the one we need to drive down most. 250W mono panels can now be bought for £--- and that will surely drop. Inverters have stayed pretty much the same.

Costs removed by PV Kits Direct