Our house seems to qualify for this scheme, but the fine details seem a bit sketchy to me.
The company isn't doing this for our benefit, they hope to make money obviously so how does it work in honest laymans terms? Ie what do we REALLY get out of it?
If we use, for example, 1000kwh per year and the panels generate say 4000kwh, is our electric free and they sell back the 3000kwh at whatever rate (41.3p plus 3p export- 44.3p)- £1329 per year? Over the 25 yrs this yields £33,225, so deducting the supposed £17k installation they profit £16,225?
None of it seems clear to me- they do all planning apps, installation, maintenance, insurance etc for that small amount?
Plus- if they profit from what's "excess", why shouldn't I run the immersion all day every day and have continuous hot water, and my oil filled radiators on full pelt in winter? that way if they may only get 1000kwh back(£443) and I've tripled my consumption would they not be very annoyed- would there be an agreed legally binding "free" amount we get- say the 1000kwh for example?
We already have solar thermal, works great on a sunny summers day, crap in winter- the roof is at a 45 degree pitch so the panel isn't ideally suited for either summer or winter, just all round. And at 57.7 degrees North, getting close to the arctic circle it'll never be great for solar anyway.
The company asks for a minimum of 25m sq roof coverage- but if they're going to bother doing the work surely it would end up with them covering every spare bit of the roof to maximise profit for themselves?
Any advice would be greatly appreciated !
The company isn't doing this for our benefit, they hope to make money obviously so how does it work in honest laymans terms? Ie what do we REALLY get out of it?
If we use, for example, 1000kwh per year and the panels generate say 4000kwh, is our electric free and they sell back the 3000kwh at whatever rate (41.3p plus 3p export- 44.3p)- £1329 per year? Over the 25 yrs this yields £33,225, so deducting the supposed £17k installation they profit £16,225?
None of it seems clear to me- they do all planning apps, installation, maintenance, insurance etc for that small amount?
Plus- if they profit from what's "excess", why shouldn't I run the immersion all day every day and have continuous hot water, and my oil filled radiators on full pelt in winter? that way if they may only get 1000kwh back(£443) and I've tripled my consumption would they not be very annoyed- would there be an agreed legally binding "free" amount we get- say the 1000kwh for example?
We already have solar thermal, works great on a sunny summers day, crap in winter- the roof is at a 45 degree pitch so the panel isn't ideally suited for either summer or winter, just all round. And at 57.7 degrees North, getting close to the arctic circle it'll never be great for solar anyway.
The company asks for a minimum of 25m sq roof coverage- but if they're going to bother doing the work surely it would end up with them covering every spare bit of the roof to maximise profit for themselves?
Any advice would be greatly appreciated !