P
Peter Franks
- Jan 1, 1970
- 0
Falcon said:news:[email protected]... [..]
Oh yeah, opportunity cost. Always easy to forget. I think 5% is a
reasonable estimate for such figures. So the question is will it still
be worth quite a lot in 15 years?
No.
Because the newest generation panels will be better and a 10th of the
price?
Joking aside, I'd put a few up if they WERE a tenth of the price
So would and will everyone else, that is why renewables will explode given a
bit of a nudge IMHO.
and doing
so didn't cost everyone else money in the form of higher electricity
prices. The cost of panels isn't the only factor to be considered when
deciding to install them; like wind turbines, without generous Feed in
tariffs working alongside the Renewables Obligation they would never pay
their way. Currently these measures are adding around 15% to all fuel
bills
and that's expected to rise significantly as penetration levels increase.
If you personally choose to pay for your panels I don't see why everyone
else shouldn't be just grateful for your investment?
These are tough times for many people though. The government has said it
will review FITs with a view to delivering £40 million of savings (around
10%) in 2014/15. How they intend to do that is anyone's guess. Reducing
the
guaranteed price perhaps? The DECC says "The review will be completed by
the end of 2011, with tariffs remaining unchanged until April 2012" but
add
... "(unless the review reveals a need for greater urgency)."
Considering the fact that renewables subsidies are expected to amount to
around £5 billion in 2020
Good, could be more though!
(Government) Subsidies is a feel-good word for stealing. Taking $$ from
one group by force and giving to another.
There should be NO subsidies. Either it stands on its own, or it doesn't.