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The first half megawatt - Page 11

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Posted by Peter Franks on April 5, 2011, 7:06 pm
 
On 4/5/2011 9:09 AM, Giga2 <Giga2 wrote:


Posted by Giga2 on April 6, 2011, 8:04 am
 


Because the newest generation panels will be better and a 10th of the price?



Posted by Falcon on April 6, 2011, 8:36 am
 
Joking aside, I'd put a few up if they WERE a tenth of the price 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.

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 through the renewables obligation alone and
around 360 million through the climate change levy exemption (both figures
in 2010 prices, quoted  by the Parliamentary Under-Secretary of State to
the DECC in Lord's Hansard 19 Jan 2011 : Column WA33), I expect the
government's sense of 'urgency' could rise very soon.

http://xrl.us/bjmpa6  (Link to www.decc.gov.uk)

--
Falcon:
fide, sed cui vide. (L)


Posted by Peter Franks on April 6, 2011, 1:39 pm
 On 4/6/2011 1:36 AM, Falcon wrote:

Cost isn't the issue, cost /effectiveness/ IS.

As soon as they are cost effective, I'll install them.

At current prices, they are NOT cost effective, so why would I install them?


So, how exactly does government 'reduce the price'?


Subsidies don't reduce price, they just shift costs from one person to
another through compulsion.



Posted by Falcon on April 6, 2011, 2:06 pm
 
Feed in tariffs are set by the government.


Correct.


Falcon:
fide, sed cui vide. (L)


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