Solar panels can still generate returns in UK
Nov 14, 2011 – Elaine Moore reports in the Financial Times: Click the link to read the full article.
“Generous subsidies for solar panels are to be cut in half in December, but energy campaigners are hoping to convince homeowners that there is still money to be made from generating their own electricity.
In April 2010, the government introduced feed-in tariffs (FiTs) – payments to households and companies that generated their own energy – to encourage the installation of renewable energy technology.
But the scheme has been a victim of its own success. Despite announcing that the tariff would remain unchanged until April 2012, the government has decided to cut it from December 12 this year, saying that the costs have become too high.
With the cost of solar panels falling by close to a third in the past 18 months, to about £11,500 for a 2.5kW solar PV panel system unit, the government says that the returns homeowners can generate have become more profitable than the scheme intended.”
[...] more and the batteries need to be replaced every so often, maybe 8 – 10 years depending on the type.Please mention Lifetime, Capital cost, replacement cost, operation and maintenence cost, and overall…system without battery backup would cost about $90,000. Depending on where you are, that could [...]
homemade solar…
[...]Solar panels can still generate returns in UK[...]…