| Joined: | Thu Apr 19th, 2012 |
| Location: | United Kingdom |
| Posts: | 4424 |
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Eric wrote:
"I feel the UK is lagging behind with incentivising domestic energy generation. I have a large south facing roof crying out for solar panels....but it will take me 15-20 years to recover installation costs. I don't plan to be living here in 15 years ...so unless I can lump this cost onto the sale price, it's lost money.<br> One of my neighbours has just had panels installed and I will monitor his return with interest."
I have a friend who is having panels fitted, his concerns match Eric's. He is having his electricity supplier install the panels at their expense, he will still have some saving on the cost of his electricity with due allowance for his non investment. He believes that it will enhance the value of his property because it brings savings on the energy bill with no capital investment or risk, on his part.
What the???JK?
Hope he checked the contract terms?
There are some deals that in effect 'rent' your roof space. Fine until you come to sell the house and it's a conditional of sale to keep them there at a rental cost to the new owner!
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Eric