Friday Night Feed In Tarrif Rant

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Hola

...well, the energy saving trust has just announced the cut in the feed in tariff, down from the current 43.3p to just 21p. ..

TRUE OR FALSE?

GOOD NEWS OR BAD
 
And I bet he believes his electricity bill will come down if the FiT was abolished totally!

In any case, I'm hoping to install mine before the 8th so thanks for your contribution BAS, it's much appreciated! :mrgreen:
 
Well - subject to a consultation, the cuts are going ahead, it would appear.

Interesting comment here: http://uk.finance.yahoo.com/news/solar-power-cut-yahoofinanceuk-4143931106.html

John M

A close friend has a 4kw system on his roof. South-facing and with nothing to shadow the panels, it has produced an average, in the summer months, of 12 units per day, or a potential £1.50/day saving in electricity cost. As a result of the ad-hoc nature of production, he has only been able to use a little over 50% of the power produced with the balance 'exported'. So his actual saving is 75 pence/day and he gets a credit of 18 pence per day for the exported part. Then, at this rate, he gets over £5 per day F I T, or subsidy. This subsidy, contrary to popular belief, is not paid by 'the government' or even 'the tax payer'. It is paid by the power company from a surcharge on energy bills, meaning that even the poorest people, especially pensioners on fixed low incomes have to pay.

Sadly, some people saw this as an opportunity to make large amounts of money from 'the government' via these installations, rather than considering them a way of improving self-sufficiency. Sadder still, due to the proliferation of these systems, they have become unsustainable. If not stopped now, the feed-in tariff would soon be so overloaded, bills would have to be increased by a substantial amount more. Making the poorest even worse off.

'Green' power appears to be viewed by some as a 'get rich quick' scheme, or even 'an investment', ... My friend included... And how is that achieved, in real terms? By making poor people pay. The few systems installed on social housing are a drop in the ocean compared to what most will pay. I declined one of the 'free' systems, not because I'm not interested in better technology or saving money, but because they are not efficient. Oh, and I didn't believe the tariff was viable over the long term...

Sad that I am that jobs are at risk, they were never really viable in the first place. Much like the 'HIPS' scheme which was also introduced by Labour, it was never going to last. And if it did, we would likely all be broke as we would all have been paying surcharges of 40p/kw for each others electricity - and none of us would be able to afford it...

Actually, for me, I think the government were wrong to let it get this far without warning. Sadly we have a bunch of wet-minded idiots for politicians who prefer to employ the biased industry consultants for advice. And I'm not talking about any particular party - its most of them!!

I swear I am not John M, or anything to do with him....
 
As much as I dislike to admit it, I guess this fellow is ultimatly correct.

The logic of the FIT was based upon encouraging uptake to the technology to a point where it is self sustaining and while the idea of the FIT was perhaps immoral to some, the bigger picture was that solar PV would become more popular.

It has to some extent worked, cos have dropped and availability has been increased

Unfortunatly what messed it up was the parasitic rent-a-roof companies who cherry pick the best roofs, and throw money into like any other investment has lead to a much higher demand than had ever been expected with the money disappearing into some fat cats pocket.

It was perhaps inevitable and perhaps should have been forseen.... hell even the contracting arms of the DNOs have got in on the act!
 
I've heard it said that PV panels have dropped in price. Does anyone know if they have dropped enough to be a worthwhile investment without a subsidy?

It will still cost a fair amount to have scaffolding built, and to install the things.
 
A half decent 250Wp panel will cost around £300 trade.
A high end 250Wp Sanyo panel costs £430 trade.
 

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