As a result of the government promoting green energy there are many companies that now provide a full installation service for solar panels. There are 2 types of solar panels, the solar heating panel which simply has water pipes running through it to heat your water (not very popular) and the solar PV panels (photo voltaic) that actually generate electricity. The PV panels are the ones that are currently being installed to take advantage of the government pay back scheme and this works in the following way.
You pay for installation of solar panels (works best on south facing roofs, but can be installed on east/west facing), the average cost would be £10,000 to £14,000 pounds, depending on various factors.
The government guarantees to pay you for each Kw of power you produce for the next 25 years.
The electricity you generate is free and offsets that supplied by the power company, thereby reducing your electricity bill.
Any surplus power you generate over & above what you are using at any point in time goes into the national grid & you are paid extra for this.
The payback period for this is around 6 to 8 years depending on cost of installation, how much power is generated etc. and this is judged to be a good return on investment considering the current interest rates.
Alternatively, some companies are now offering free solar panels and this works in the following way.
An investor pays for all equipment & installation costs and effectively rents your roof for 25 years.
The investor receives the government grant and also the payment for any surplus energy that goes back into the grid.
You receive the free electricity when it is generated to offset your power bill and after 25 years the installation is yours.
This option is pretty much win/win as you pay no money out, you get any free electricity you generate and if the sun rarely shines you have lost nothing.
Which option do you choose?
Well if you have the capital sitting in the bank, you get a far better return investing in solar panels than you will get in interest (hence the availability of investors willing to pay for the installation), but you don’t have the money to fall back on for a ‘rainy day’.
If you don’t have the capital it is not a good idea to borrow it as the interest charged on the loan would negate any return you would get on the installation and so a free installation becomes attractive, as you get some of the benefits without any financial outlay.
A couple of points to bear in mind
You only produce electricity when the sun shines, and therefore you would always pay for any power you use during the hours of darkness during the evening/night and first thing in a morning and whenever the sun does not shine.
The return is calculated using the 3 major factors a)How much power you generate b)How much you save on your electricity bills c)How much surplus power you sell back to the grid
All these factors will differ dramatically, not least of all the weather.
So do you want to join the ever increasing number of homeowners generating their own power?, the choice is yours !
With the recent cold spell and hundreds of people having major problems with their condensing boliers, this article from thisismoney.co.uk is very interesting.
By Michael Hanlon
29 December 2010
Five years ago, they were heralded as the modern, clean and green way to heat your house. As a result, today there are already eight million ‘condensing boilers’ in homes across Britain.
In fact, since 2005 it is illegal to fit any other kind.
At the time, the Government claimed they would massively reduce your carbon footprint and slash your fuel bills. As a result, every year some 1.2m old-style ‘dirty’ boilers are scrapped in Britain and replaced by this wondrous new variety.
However, the recent cold snap has revealed a major problem with them. Tens of thousands of people found themselves shivering as their shiny new boilers cut out without warning.
British Gas is understood to have had 60,000 call-outs in Yorkshire alone. And the cost to call out a plumber? It can be between £200 to £300 on a bank holiday. And don’t forget about VAT.
‘We’ve had double the number of call-outs as in the same period last year,’ says Charlie Mullins, MD of Pimlico Plumbers in London, the country’s largest independent plumbing company.
‘It is a massive problem. Some customers were ready to move out because their condensing boilers broke. If I had a choice, I’d put in a non-condensing boiler every time.’
It’s all the more infuriating because the problem causing these breakdowns is so simple. In cold weather, the pipe that takes waste water from the back of the condensing boiler — which isn’t there in a normal boiler — freezes solid, shutting down the system and in many cases causing permanent damage.
But this problem is just one of many that have plagued this boiler design since they became popular in the Nineties. Many plumbers consider them to be little more than a multi-billion pound con-trick.
In a regular boiler, the hot gases produced when the methane fuel is burned heat water for your radiators, dishwasher, taps and so on. But about 25% of the heat vents out of the exhaust pipe in the form of hot steam and CO2.
In a condensing boiler, a condenser claws back much of the lost heat because as steam condenses into water, it feeds heat back into the system. This can increase overall efficiency from 75% to as much as 93%, and reduce CO2 emissions — and your bills — by a commensurate amount. That, anyway, is the theory boilermakers and politicians want you to believe.
In 2005, the then-deputy PM John Prescott drew up a masterplan to help Britain meet its CO2 emissions targets, as dictated by the 1997 Kyoto Protocol. This involved a new law ordering that all new and replacement boilers fitted to British homes — some 1.4m annually — must from that date be of the condensing type.
A ‘boiler scrappage’ scheme followed in 2008, which offered people £400 towards the cost of a new condensing boiler if they replaced their old one — even if it was in perfect working order. Boiler manufacturers and plumbing and installation firms could hardly believe their luck.
An estimated eight million homes in Britain made the switch, often encouraged by persistent salesmen who produced an impressive-looking audit offering a seductive assessment of how much money you could save by switching to a new, ‘clean’ boiler.
But even ignoring the freezing pipe problem, it is clear that in most cases it makes no economic sense to scrap an old boiler that is still functioning.
For an average home, replacing even a very inefficient old model with the best new boiler on the market will, at most, save a couple of hundred pounds a year in gas bills. That sounds good until you realise that at £2,000 for one of the better condensing models, a new one will take at least ten years to pay for itself.
And the problem is that these boilers simply do not last anything like ten years.
‘You might get 20 years out of one of the old ones,’ Charlie Mullins says, ‘but it is more like three to six years out of one of these new ones. In fact, if it goes wrong after four years, you are better off replacing a condensing boiler altogether because of the horrendous cost of the parts.
‘On the basis of efficiency, they certainly do not pay for themselves. It makes no sense to take out a working old boiler and replace it with a condensing one.’
That’s not something the enthusiastic salesmen will tell you. They also won’t tell you that those touted increases in efficiency are theoretical, often not matched in reality. These boilers rarely operate at maximum efficiency anyway.
Explained simply, the water returning from your radiators back to the boiler has to be below 55c for the condenser to condense the steam in the boiler into water. For most homes using standard radiators, this will probably not be the case — the returning water might be as hot as 65c, especially when the radiators are turned up in cold weather.
One impractical ‘fix’ would be to fit oversized radiators, which can warm the room to the same degree despite being slightly cooler. Another solution would be to fit the latest radiant heating technologies, using pipes embedded in walls and floors.
But fitting these hi-tech systems, which are fairly common on the Continent but rare in Britain, would cost thousands of pounds for most homes.
The problems don’t stop there either. The condensed water vapour produced in the new boilers is slightly acidic (as it contains dissolved nitrogen and sulphur oxides), which inevitably causes corrosion of the delicate boiler components and also leads to breakdowns.
So the message is clear: if you have an old boiler, provided it is working properly and is serviced regularly, you are almost certainly better off keeping it until it is beyond economic repair. Parts will be cheaper, it will be less likely to break down and there is no danger of it stalling on the coldest night of the year.
If you’re worried about your carbon footprint, just remember that the touted efficiency savings are theoretical figures and might not reflect reality. In a well-designed, well-insulated new home that incorporates the latest heating technology, a condensing boiler might be more efficient.
But most of us do not live in such homes — we have poor insulation and ageing pipes and radiators. Remember, also, that manufacturing each new boiler has a ‘carbon cost’ in itself that must be ‘paid back’ by the new boiler.
There is no doubt that the great switch to condensing boilers was motivated by the best intentions. But that’s small consolation if you find yourself shivering in a freezing house this winter, wondering when the plumber is going to arrive.
There are differing views on how long the payback period is when installing the usual ready made solar panels, however, it is now possible to build your own.
The use of solar panels is now widely accepted as being not only eco friendly, but also cost efficient in the long run, the only debate is ‘how long’ this long run is. Because of ever advancing technology it is now cheap and easy to build your own panel. There are two main types a) the type that passes water through to create your hot water and b) the photovoltaic (pv) type that produces electricity. The PV type is more complicated to build, and therefore the water heating type is much more popular for home building.
I have found a recommended site that sells the do it yourself plans to build solar panels and they claim anyone can do it. A guy called Tom Hayden, who has been studying building and using solar energy for 30 years has this to say “Solar water heaters are very popular and common around the world, my Solar Water Heater kit is going to show you everything you need to know about building, installing and using a solar powered water heater. If you are interested in learning exactly how to heat with solar and reduce your bill, then this is the perfect resource for you!. When used in addition to your existing water heater, a solar water heater reduces the need to artificially heat water. Simply put, the water entering your water heater is already hot”.
This is a great do it yourself idea and if you purchase Tom’s plans, you get a 60 day no hassle money back guarantee, if you decide it’s not your cup of tea.
To see the details click here:
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A Long Kept Secret For Generating Free Electricity is Finally On The Open, And You’ll Never Have To Pay A Single Dime to the Power Company
“How would you like to create a generator which creates free electric energy? Using our easy-to-follow guide, you will be able create a Magnetic Power Generator which creates absolutely free energy, and doesn’t require any resource like wind or solar energy to function, the magniwork generator creates energy by itself and powers your home for free”
“This method has been researched for a long time, but due to suppression of this idea from the big corporations, the plans for building a free energy generator which could change the world have never been out on the open. We finally succeeded in creating a web site which offers the Do-It-Yourself instructions for building such a device, and it is considered that this device will be able to solve the energy crisis”
At first glance this appears to be a bold claim but these Australian guys seem to have done it, have a look at the video & amazing testimonials it makes compelling reading, to have a look click HERE.
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