Hi Guys,

I hope that you are having a good day.

Today I got a flyer on the post from a renewable energy company titled:
Renewable Energy: Worried about global warming?

They basically offer a 1.2 kW solar panel system, which according to them will “generate on average nearly 1000 kWh per year”.

The system is guaranteed for 20-years. This ground-mounted system costs £7,999.00 and then they state that it may attract a government grant of £2,400.00. For the average family this is highly unlikely. And if you apply online you are eligible for a further £100.00 discount so that the net cost to you would be £5,499.00.

By having a ground-mounted system may remove the need for planning permission. However, you should always check whether you need to apply for planning permission.

Going back to one of my previous posts titled “Show Me the Money: Your Return on Capital” we can easily demonstrate that even at £5,499.00 this system is not value for money.

My electricity consumption last year came to 6953 kWh for the year. The 6953 kWh cost me £877.78. The above-mentioned system will only provide me with 14.4% of my electricity requirement. Therefore the above mentioned system will save me £126.24/year at the current price of electricity and therefore the break even point for the return on my capital, assuming a 0% interest rate, is £5,499.00/£126.24 = 43,6 years.

The thing is that you can build a comparable system yourself with the right guide providing you with step-by-step information within a budget that is affordable for all people. And don’t, for a minute, think that you need to be a boffin to this as even an inexperienced person can create his or her own solar power generator with relative ease.

Elsewhere they go on about the reduction of your carbon footprint… a reference to the carbon trading schemes the climate-industrial complex with the help of complicit government shills are trying to foist upon us.

The Main Stream Media along with all the other propaganda machines from government to that of the self-serving / vested interest of the climate-industrial complex keep bombarding you with global warming / climate change as if a lie repeated often becomes the truth…

As the global warming scam is more and more faith based rather than scientific they clutch more and more at straws to push their punitive “green” taxes upon us.

So am I worried about global warming the answer is an emphatic NO. I only wish that we were getting warmer. Hell, during roman times it was warm enough for them to plant vineyards and orange grove up to Hadrian’s wall. And I’ve said before if the met office has enough difficulties in predicting the weather for the next couple of days with any accuracy how the hell would the be able to predict global warming / climate change for the next year (Their BBQ summer did not materialize) let alone 10, 20 or a hundred years from now.

On a weekly, if not a daily, basis I see the myth being dismantled with many of the faithful turning their backs on the false church of man made global warming. As for climate change… well what of it. Climate change is a natural phenomena partly caused by the sun, the earth’s magnetic fields and what goes on deep within the earth core.

The only thing we can do about climate change is to live with it the best we can. We also need to educate ourselves so that we can distinguish what is real and what is caused by the smoke and mirrors of vested interests.

Save on your energy bills by generating your own power at home with solar and wind energy to reduce or eliminate your power bill. Get our complete guide at DIY Power System

As always, I wish you everything I wish myself.

Until the next time.

Alain

Check out my review of the top 3 products for renewable home enegy solution
Check out my review of the Home Made Power Plant product
Check out my review of DIY Power System product

Hi Guys,

I hope that you are having a good day.

Ultimately everything boils down to MONEY. Can you afford a renewable energy system for your home? Are you wasting your money by installing a renewable energy system?

Your perception of cost and the reasons you would like to install a renewable home energy system will also determine your decision on whether or not you will install a renewable home energy system.

The first thing you need to do when considering installing a renewable energy system, be it a ground source heat pump, solar panels, a solar hot water system or a wind power generator, is to find out whether your home is suitable for such a system.

Once you have determined that your house is suitable for a renewable energy system, you must find out whether you will be allowed to install such a system by your local planning regulations and whether you will get planning permission to do so.

Assuming that your house is suitable for a renewable energy system and that you will be able to get planning permission then you can either build your own renewable energy system or get the system professionally installed.

A local energy company was recently advertising their renewable electricity generating system i.e. solar panels. They were also advertising a solar hot water system.

I decided to investigate and went onto their website to get further information. I must say that they did provide quite a bit of useful information – enough for one to make an informed choice if you put in a bit of effort to calculate your return on investment.

They will install an electricity generating system i.e. solar panel system that could provide up to 40% of your energy needs. However, this is based on using a standard 2.08 kWp installation generating 1768 kWh/year with a typical home energy consumption of 3300 kWh/year. They also include a rider that the output will vary.

Prices for the system starts at £10,995.00 and include fully installed 16 photovoltaic panels, inverter, cabling and fittings.

This led me to take a look at my electricity consumption and that came to 6953 kWh/year. More than double their typical home energy consumption.

(Interestingly enough my electricity consumption is only 58% of the approximate 12000 kWh/year that the average American household uses and less than 4% of the 191000 kWh/year that Saint Al Gore uses.)

The question is, if I were to invest in the above mentioned system, what would the return on my capital be?

The above mentioned system will only provide me with 25.4% of my electricity requirement. The 6953 kWh cost me £877.78. Therefore the above mentioned system will save me £223.20/year.

The break even point for the return on my capital, assuming a 0% interest rate, is £10,995.00/£223.20 = 49.26 years.

However if you were to borrow the money at 5% interest repayable over 5 years to finance the installation of the above mentioned system the break even point would be £10,995.00*(1.05)^5/£223.20 = 62.64 years.

Now, bearing in mind that your solar panels have a 25 years life expectancy, I don’t think that the above is good value for money.

The starting price for the solar hot water system was £4,939.00. Interestingly enough, they do not mention the energy saving provided by the solar hot water system. They only state that you may not need to run your boiler in the summer to heat your water.

They also keep including percentage energy carbon saving which as far as I am concerned is meaningless. People dealing in the so called carbon trading scams and governments wanting to tax us more than we already are, would be interested in those figures.

It is well known that so called professionally installed system will always cost considerably more than DIY systems. Buy building your own system you can save a really tidy sum of money.

If you wanted to build your own solar energy system, there are quite a few good publications such as The Solar Electricity Handbook 2009: A Simple, Practical Guide to Using Electric Solar Panels and Designing and Installing Photovoltaic Solar Pv Systems that will provide you with all the information you need to build and install your own system.

Save on your energy bills by generating your own power at home with solar and wind energy to reduce or eliminate your power bill. Get our complete guide at DIY Power System

As always, I wish you everything I wish myself.

Until the next time.

Alain

Check out my review of the top 3 products for renewable home energy solution
Check out my review of the Home Made Power Plant product
Check out my review of DIY Power System product