Solar panels

[nft308]

Does anybody on here have any dealings with solar panels ?
I'm looking to reduce my electric bill and this is an option but not sure weather to buy or rent the roof out for feed in tariff only.
All comments welcome thanks

[Frosticles]

We have solar panels. Bought outright so the company then don't own your roof. Feed in value is about £1200 a year.

[alancdavis]

They were a good deal until the government reduced the in feed tariff

[Rallye]

We have solar panels.

Frosty means he has a sunroof in his car but want's to give it a fancy name.

[s17yde]

Fitted mine before tarriff was reduced £1700 1st year, German ones are supposed to be best

[alancdavis]

Most folk seen to get £1200 to £1800 as an average, Not sure about the present tariff income

[katana]

Does anybody on here have any dealings with solar panels ?
I'm looking to reduce my electric bill and this is an option but not sure weather to buy or rent the roof out for feed in tariff only.
All comments welcome thanks

Depends on whether you have a chunk of change that you will see minimal return on in next ten or so years? The FIT is now at a level that it will take that period to cover the initial cost - you will benefit with the reduced cost on your bill - maybe £100 - 150 a year depending on installation size.
If you allow a company to fit they DON'T OWN your roof - they are just renting the space and that rent is paid by the Bill reduction - you get none of the FIT - that's theirs to cover the install cost!

Its obviously a long term thing and with saving rates low it can be sort of looked at as an investment but I'm yet to be convinced and I specify them in my job!