Everything News Jobs Opportunities Events Products/Services
more
 
About
Go to Home
Sign Up Sign in

The Low Carbon Economy Ltd

09 Aug 2010 11:08:04

New solar panel scheme launched



New solar panel scheme launched
HomeSun has claimed that its new scheme to provide 100,000 homes with free solar panels will help bring solar power to grid parity.

The company plans to install solar photovoltaic panels for free in some 2,000 properties over the next 12 months, allowing homeowners to generate their own electricity without the upfront cost.

Funds which would have then been paid to the homeowner through the feed-in tariff scheme will go to HomeSun to cover the cost of the technology.

Daniel Green, chief executive officer of the company, said: "We will take the long-term payback and we will stand by you for the 25-year period, but you are generating electricity beyond [that] because the solar panels remain on your roof."

However, he added that anyone who chooses to install the £10,000 to £15,000 of equipment themselves would typically see a return on their investment within 12 years.

Mr Green also claims that the scheme will help solar power in the UK reach grid parity – where prices from an alternative source of energy are equal or less than power from the grid. ADNFCR-1235-ID-800016814-ADNFCR


Discussion Thread  

Ecomarsho wrote:

20 Aug 2010

Working on a smaller scale, I calculate that a 13W pv panel purchased from Maplins (discard the non functional regulator) could still save me an average of 12p per day, if used for LEDs and DAB - no, the figures do not add up, but my electricity meter shows that is what I am saving. So, why is my outlay in profit after 2 years, while the article quotes 25 for larger scale interests?




Discussion Thread  

 


The Low Carbon Economy Ltd Community



Related Items From Everyone


  1. RE: Underinvestment in UK power Discussed in Low Carbon Blog

    Well if the only engineers who came actually be trusted ? to do the job, come from overseas - who...

    25 Sep 2009
  2. With traffic congestion costing Nottingham an estimated £160 million a year, one sustainable...

    07 May 2009
  3. Recycled & FSC Paper offers a wide rannge of Eco paper to aid you green your office including...

  4. An example of a high quality electric vehicle conversion.




Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback

RSS



We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.