 You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
  You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
We've a south-facing roof, with no shade.
1920s semi, two adults, two kids. Eight 300W panels, with a SolarEdge inverter for individual panel monitoring. No storage, but it's battery storage-ready.
Is solar a no brainer, or did I make an expensive mistake last night?
It was a no brainer for me.
High electricity consumption due to commercial requirements.
3 phase power supply and lots of roof space, so put a 12kw system in.
Worse case it should pay for itself in 7 years.
A much better return than leaving £12k in the bank.
Can I ask you how much you paid?
It depends how much you paid, and how.
Is the contract going to affect a future sale, or are you buying outright?
It mainly depends how much you paid, assuming your supplier meets all the criteria for you getting the FIT payment. But there's a possible catch with a 1920s semi, depending how many insulation upgrades it has - to get the 4p/kWh FIT payment, you need to have an Energy Performance Certificate showing that the house meets level D or better, see [url= http://www.microgenerationcertification.org/consumers/installation-process/epc ]here[/url]
Can I ask you how much you paid?
We're paying just under £7k for a 2.4kW system.
It depends how much you paid, and how.
It's on finance, with a reasonable low interest rate and the option of overpaying a lump each year. The annual FIT 'cheque' will go to overpaying.
you need to have an Energy Performance Certificate showing that the house meets level D or better
I knew that there was a reason I asked on here! I don't think the house a D or better 8 years ago when we bought it, but we've made some improvements since.
We're paying just under £7k for a 2.4kW system.
That's quite expensive. Have you had any other quotes? Those Solar edge inverter's are expensive and "nice to have" but don't really justify their extra cost. I was advised to just get a normal inverter.
My panels were about £200 each and the inverters were about £500.
I got 2 quotes and both broke down the numbers to show equipment costs and installation etc separate.
I knew that there was a reason I asked on here! I don't think the house a D or better 8 years ago when we bought it, but we've made some improvements since.
The installer normally has a "tame" EPC assessor. 😉
We also have 3 phase and loads of roof space.... so tempted to add a further chunk to our existing 4Kw installation.3 phase power supply and lots of roof space, so put a 12kw system in.