Hi,
Not been on here for a long while after having my solar pv system fitted in November 2011, but looks like things have massively changed.
A friend of mine just called me to say their 78 year old parents have just signed today for a pv system.
From what I've roughly worked out, it looks like they are really being taken for a ride. I would like if anyone can help confirmation of what I think.
I've just run a calculation on the energy savings trust web site. It says on there 15.44p per kW/h as long as you've got band d or higher.
Also it's now 20 years not 25.
This is their quote.
8x 235w panels (unknown make) so 1.88 kw install.
£8000
So after putting that info into the energy savings trust calc it came back with £8000 outlay, £7000 return after 20 years of fits and 25 years of electric savings.
The salesman said payback from investment was 4 years and they would get 40p per kW/h
Am I correct? Or is there an ounce of truth in what he said.
Thanks for your time,
Not been on here for a long while after having my solar pv system fitted in November 2011, but looks like things have massively changed.
A friend of mine just called me to say their 78 year old parents have just signed today for a pv system.
From what I've roughly worked out, it looks like they are really being taken for a ride. I would like if anyone can help confirmation of what I think.
I've just run a calculation on the energy savings trust web site. It says on there 15.44p per kW/h as long as you've got band d or higher.
Also it's now 20 years not 25.
This is their quote.
8x 235w panels (unknown make) so 1.88 kw install.
£8000
So after putting that info into the energy savings trust calc it came back with £8000 outlay, £7000 return after 20 years of fits and 25 years of electric savings.
The salesman said payback from investment was 4 years and they would get 40p per kW/h
Am I correct? Or is there an ounce of truth in what he said.
Thanks for your time,