vrijdag 12 maart 2010

Blog 5 by Dieter De Vos; Solar panels: what a bright idea


Solar panels: what a bright idea

Looking for a profitable investment for your energy bill? Then you’ll have to join the micro-generating revolution by placing the right technology for your home, some solar panels for examples. How does it work?

For getting a substantial reduction for the energy bill in the UK, it is necessary appealing to the government for “The Clean Energy Cash Back Scheme”. There is a reward that the government will pay to homeowners who generate their own electricity on an environmental friendly way.
This special offer only counts for solar panels who are placed between July 15, 2009 and March 31, 2012.
Remarkable is that these rewards are tax-free. This makes the scheme attractive for prospective investors.

A real life example of a British family explains the benefit of an investment. The average price for an installation cost 12.348 pounds of which 2.500 pounds was covered by the government. If this family should generate 1.600 KWh each year then they should earn 736 pounds by putting the electricity back on the grid. So annually they will save 112 pounds on their electricity bill. This means that the family gets an annual return of more than 8%. So after 13 years, they’ll have a full profit on their investment.

Take into consideration that only the best supplier can give you full support because the whole house has to be explored. Some houses or their roofs are not made for solar panels. Even correct certifications and good local recommendations are useful. Although, not all the brands offer a 20-year guarantee. Sometimes, other ecological investments are better, like a water wheel, a micro-hydro generator or a wind turbine.

Houses on which solar panels are placed are even a profitable way for the real estate market. Professionals call them: “houses with an income”.

There are also some trends in these sector, if for example energy prices should increase by 5 % a year than the profit increases for today’s investors.

According to me, if wanting to invest in environmental-friendly energy source, that is investing in the future of all the children and grandchildren. I think that’s the reason why the government offers support for solar panels investments. Because, otherwise the use of environmental-friendly energy sources will be used, like coalmines for example. Mining of coals on a large scale can cause earthquakes and the gasses they spread can cause cancer.
The other benefit is that the value of your house will increase, you’ll also have to pay less on your energy invoice, so there aren’t any reasons not to do it.
But I’m definitely convinced that only the right supplier for you can offer the best advantages by selling the right system. Because thanks to the hype of solar panels, people intend to just buy the best so it is better to explore the market and find the best supplier for you.

There are some brands on the market who don’t offer a guarantee of 20%. So these suppliers aren’t sure about what they’re selling, which means that buying a solar panel from these suppliers is a bad idea. If you are certain to have found a supplier that is sure about his case, than you’ll find the right investment.

I can conclude before investing in solar panels that looking for the advantages is not the best idea, because placing solar panels is always a profitable way to invest. But, you will have to take to consideration what you’re buying, just find a trustful supplier and your investment will be more than worthy thanks to the support of the government.

Source: http://www.timesonline.co.uk/tol/news/environment/article7017238.ece

2 opmerkingen:

  1. Dieter,
    I fully agree with you. More people should pay attention to the environment, because there aren't many people who realize that nature's sources aren't inexhaustible. People always think that the problems won't be problems for their selves, but for the next generations. But they may be wrong! Although movies like 'The day after tomorrow' and '2012' are fiction, they really give a good image of what could happen to the world if people don't realize that they're acting selfishly.
    Working with solar panels is a great step towards improvement, and I think it's necessary that the goverment encourages people to work with solar panels to provide their energy. Solar panels are a good investment, but as you said, it's important to go to the right person if you want to be sure of your investment.

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  2. Dear Dieter
    You have found a fantastic sort of investing in the future. There are a lot of people who invest in sonar panels because they get their money back after a few years. It’s also good when you want to sell your house because it’s more valuable with panels, than without. Another reason why it is positive is the environment because it’s better than a nuclear plant. The government also gives some advantages when you invest in solar panels. So it’s a very good investment but of course you need to look for a trustful company.

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