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Electricity Use With Solar Panels

AncientMariner
I have just been asked about solar panels in a domestic environment and not wanting to guess and likely get it wrong, thought best to ask here.


With solar panels are you paid for what you generate in total, ie the output from the inverter? Or are you paid for the net amount that you actually export ie the difference between the inverter output and whatever is being used in the property?  


Thanks.

Clive



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  • 0
    The cost of installation has dropped considerably.  I was one of the "lucky" ones to install in 2010 and benefit from the high FIT rate.  My 3.6 kWp installation in the London area cost £10959, and that was a relatively cheep quote.  And at the time the risks were relatively unknown, the generation "predictions" were clearly optimistic if you took the trouble to look at the historical solar radiation levels for your location, and you have to factor in things such as the orientation (you are lucky if your roof points due south) and the angle of the roof.  Being something of a geek I have records of the generation on a week-by-week basis since installation.


    In the event I paid back my investment in 9 years and am now in profit assuming that I had not invested the nearly £11000 in something else.


    David
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  • 0
    The cost of installation has dropped considerably.  I was one of the "lucky" ones to install in 2010 and benefit from the high FIT rate.  My 3.6 kWp installation in the London area cost £10959, and that was a relatively cheep quote.  And at the time the risks were relatively unknown, the generation "predictions" were clearly optimistic if you took the trouble to look at the historical solar radiation levels for your location, and you have to factor in things such as the orientation (you are lucky if your roof points due south) and the angle of the roof.  Being something of a geek I have records of the generation on a week-by-week basis since installation.


    In the event I paid back my investment in 9 years and am now in profit assuming that I had not invested the nearly £11000 in something else.


    David
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