Solar Panels?

[fred]

I've had mine a few years now, 15 panels so just under 4Kw. I was lucky enough to get mine done when the FIT (fed in tariff) was 43.3p it's now 13.9p

I bought mine and at a rough guess they save me about £50 a month on electric and generate an income of about £1500 a year, so just over £2000 a year. Initial outlay was about £11000, so I reckon a return on my investment after 6 years, but the FIT is guaranteed for 25 years. Doing a bit better than an ISA

Thats bloody good Simon!
I have been hearing and reading about new technology that will increase solar panel efficiency to up to 100 times in the future..

http://scitechdaily.com/new-solar-en...evious-design/

[SimonH]

Thats bloody good Simon!
I have been hearing and reading about new technology that will increase solar panel efficiency to up to 100 times in the future..

http://scitechdaily.com/new-solar-en...evious-design/

Interesting read

Doubt very much that some of the large energy companies would like this technology to be developed too much

Makes you wonder if the likes of fracking or even oil is necessary if this could be developed properly

[fred]

Interesting read

Doubt very much that some of the large energy companies would like this technology to be developed too much

Makes you wonder if the likes of fracking or even oil is necessary if this could be developed properly

I was talking to a German engineer here in our local.. He says that Germany will be nuclear energy free by 2020.. Why? Solar power will take up the slack..
I`m pretty sure that the big oil producers are buying technology like solar and hydro powered engines etc and locking it away...
Just not Germany!
Makes me wonder ..Who won the war?