irc wrote:pete75 wrote:We had them fitted back in Feb 2012. £9,300 for 4kw worth. It's not the saving in electricity that persuaded us to install it but the subsidy. It's almost 51 pence per kwh - this is paid for 25 years and is index linked as well as being tax free.The cheques we've received since installation have more than covered the cost so the next 20 years worth is all profit. We also receive about 5p per kwh for electricity "exported" to the grid. It's assumed half is.
Pete nails it. It's the subsidy from other consumers through their bills that make solar panels worthwhile.
It was back then anyway.
Nowadays the private economics are different, but they should still be virtually mandated on new builds.
Because the national energy story is still compelling - and yes we'd need some more nuclear power stations around as well, and a few gas stations (which would be mostly idle, but can spin up/down faster than a nuclear plant)
If you start adding batteries to the grid (either on wheels or 'previously on wheels' then the gas station requirement reduces significantly.