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Old 12 May 2011, 02:52 PM
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Puff The Magic Wagon!
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Default Solar/Wind Etc

At what price does gas/electric have to be to make it easily justifiable to invest for an ROI in a reasonable time? - by which I mean <5 years.

With "25%" increases in prices forecast, its got to be soon...
Old 12 May 2011, 04:10 PM
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EddScott
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If you've got the dosh, the solar panel thing seems like a great idea.

Take what you need and what you don't you flog to the grid and it's all tax free.

I don't know the exact details but it sounds like a winner if you have a south facing roof and you have the money - and willing to invest that money into your house.

I don't think it's as lucrative if you have to borrow the money - at best you'll cancel out the borrowing and get free leccy. Still not bad although I think until everyone catches on it may devalue your house.
Old 12 May 2011, 05:36 PM
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Ant
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My gaffer seems to think it's gonna go big soon hence he putting us through electrician and pv courses.
Old 12 May 2011, 05:44 PM
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speedking
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Neither solar nor wind is reliable 24/7. Therefore you need to remain connected to the grid and pay all the associated standing charges. The differential cost of using a bit of electricity on top is quite small. That means that I doubt you will get an ROI on an annual basis.
Old 12 May 2011, 05:45 PM
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Ground source heat pump.




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