So you sell to the supplier at 46.4p per kilowatt and buy from them at (say) 13p per kilowatt (depends on your tariff, of course).
When this money ( which appears to be from some philanthropic source or a government grant scheme )
About 13p.What price do the suppliers charge for "your" kilowatt hour when they sell it to another consumer.
There doesn't have to be.Are there people prepared to pay over 46p per kilowatt hour just to purchase "green" electricity when "non green" electricity is about 1/3 of the price of "green" electricity
From every electricity consumer in the land.If there are not enough people buying expensive "green" PV electricity then where is the money coming from to allow your supplier to pay 46.6p without making a loss on the re-sale at about 13p ?
It's not from a philanthropic source, or from a government grant. It's from you.When this money ( which appears to be from some philanthropic source or a government grant scheme ) stops being available what will happen to the FIT scheme ?
Erm...Once use v export is properly measured, the financially astute thing to do is not use any power during daylight, so it all gets exported, then concentrate all your use in the evening, so you sell at 46.4 and buy at 13. Not a bad trade.....
from that site said:FAST FACTS ON FEED-IN TARIFFS
If an average household, for example a three or four bedroom house, installed solar PV panels that generate electricity, the Feed-In Tariffs would provide the following benefits:
The electricity generated would pay the homeowner £836 a year tax-free
Remaining electricity costs would be reduced from £450 to £300: saving £150
Therefore the total benefit would be £986 per year
This is based on an average use of 4,500kWh of electricity per year and the installation of 2.5kW of solar PV panels.
Are any of these figures wrong:1944 Kwh from a 2.5Kw panel = 777 hours of full output in the year.
Which is very close the value used when specifying panels for reliable solar power charging of batteries suppling power to remote equipment. I seem to recall a design value of 15 to 20 watts per metre² .110 x 0.2 = an average output from the PV panels of 22W/m²
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