nightrider Posted June 6, 2013 Share Posted June 6, 2013 There is a solar panel company called A Shader Green Ltd who are offering a free survey, estimate and free installation service, and they repeat several times COMPLETLEY FREE, can this be so? or is it pie in the sky? Is it the old adage that something for nothing is not worh it? Link to comment Share on other sites More sharing options...
Tracker Posted June 6, 2013 Share Posted June 6, 2013 You don't get owt for nowt! They will want a good return on their investment and guess who will be subsiding that! If ever you want to sell your home there could be implications about who owns what and a buyer might be less than impressed with having somebody else's solar panels on his roof! Personally I would rather have borrowed the money and own the panels outright if I had not had the cash to buy as I value my independence from anyone else's rights on my home. By the way, our 4kw panels have generated us an income of over £3800 in two years, and a savings on electricity consumed of at least £250, on an investment of £13000 and whilst the income for new entrants now is significantly less so is the cost. How does that compare to what they offer? Link to comment Share on other sites More sharing options...
nightrider Posted June 6, 2013 Author Share Posted June 6, 2013 Tracker - 2013-06-06 7:56 AM You don't get owt for nowt! They will want a good return on their investment and guess who will be subsiding that! If ever you want to sell your home there could be implications about who owns what and a buyer might be less than impressed with having somebody else's solar panels on his roof! Personally I would rather have borrowed the money and own the panels outright if I had not had the cash to buy as I value my independence from anyone else's rights on my home. By the way, our 4kw panels have generated us an income of over £3800 in two years, and a savings on electricity consumed of at least £250, on an investment of £13000 and whilst the income for new entrants now is significantly less so is the cost. How does that compare to what they offer? Like you say Rich, you dont get owt fer nowt, have sent off for details so lets see where the catch is? Link to comment Share on other sites More sharing options...
RogerC Posted June 6, 2013 Share Posted June 6, 2013 It looks like the 'catch' (if you can call it that) is they get the feed in tariff and all you get is to use the 'elektrikery' generated during the hours the panels are producing. Basically it looks like they gain most from households where the house is empty during the working week thereby meaning little electricity is used and they gain greatly from the feed in cashback. Link to comment Share on other sites More sharing options...
Tracker Posted June 6, 2013 Share Posted June 6, 2013 With our system the incoming and outgoing power are not on the same meter so the only true records is that of power generated and of net power taken from the grid. Unless you have a smart meter the FIT is based on all the power generated but assumes 50% is sent back to the grid for which you get an extra payment - not a lot though! I have no way of knowing how much of the power I generate is used by me but as I am getting paid to generate it I don't much care! I do know that our electric unit consumption from the grid year on year is about £120 worth lower than it was pre solar - but even that is only a guestimate. Link to comment Share on other sites More sharing options...
antony1969 Posted June 6, 2013 Share Posted June 6, 2013 Tracker - 2013-06-06 7:56 AM You don't get owt for nowt! They will want a good return on their investment and guess who will be subsiding that! If ever you want to sell your home there could be implications about who owns what and a buyer might be less than impressed with having somebody else's solar panels on his roof! Personally I would rather have borrowed the money and own the panels outright if I had not had the cash to buy as I value my independence from anyone else's rights on my home. By the way, our 4kw panels have generated us an income of over £3800 in two years, and a savings on electricity consumed of at least £250, on an investment of £13000 and whilst the income for new entrants now is significantly less so is the cost. How does that compare to what they offer? Who pays if those panels are blown off the roof and any damage caused either on the roof or ground level ? If the insurance covers it and you have obviously told them you have these installed on your roof how much does it add to the insurance cost ? Link to comment Share on other sites More sharing options...
Tracker Posted June 6, 2013 Share Posted June 6, 2013 antony1969 - 2013-06-06 12:10 PM Who pays if those panels are blown off the roof and any damage caused either on the roof or ground level ? If the insurance covers it and you have obviously told them you have these installed on your roof how much does it add to the insurance cost ? Yes the insurers are aware, yes they cover the panels for all the risks covered by the policy and it did not add anything to the cost. Link to comment Share on other sites More sharing options...
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