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Photovoltaic solar panels and the 19C payback

  • 27-02-2009 9:02am
    #1
    zod
    Closed Accounts Posts: 2,025 ✭✭✭


    Is it possible to buy and get installed (not DIY) Photovoltaic solar panels such that there would be a sub 10 year pay back ( assuming a perfect site in Ireland ) ?

    If so what solar panels do you recommend ?

    If not how many years do you estimate the pay back would take ?

    thank in advance :)


Comments

  • #2
    Quazzie
    Registered Users, Registered Users 2 Posts: 29,312 ✭✭✭✭Quazzie


    i was actually just about to post this exact post.

    Do the pv solar panels even qualify for the 19c or is it just wind turbine?


  • #3
    zod
    Closed Accounts Posts: 2,025 ✭✭✭zod


    Quazzie2002 wrote: »
    i was actually just about to post this exact post.

    Do the pv solar panels even qualify for the 19c or is it just wind turbine?


    I don't think the ESB care where you get your power from as long as its renewable and doesn't break any laws.


  • #4
    Juantorena
    Registered Users, Registered Users 2 Posts: 147 ✭✭Juantorena


    http://www.dcenr.gov.ie/Press+Releases/People+power+-+Minister+Ryan+announces+incentives+for+micro-generation.htm

    It includes most of the usual suspects...small scale wind, pv, hydro and chp...


  • #5
    Carlow52
    Closed Accounts Posts: 2,389 ✭✭✭Carlow52


    zod wrote: »
    Is it possible to buy and get installed (not DIY) Photovoltaic solar panels such that there would be a sub 10 year pay back ( assuming a perfect site in Ireland ) ?

    If so what solar panels do you recommend ?

    If not how many years do you estimate the pay back would take ?

    thank in advance :)

    PV in Ireland has a payback of greater than 25 years, which is the life of the panels.

    The 19c deal will only be attractive to existing installations as the incentive has driven up the price of panels and installation so the payback will stay the same or longer.


  • #6
    quentingargan
    Registered Users, Registered Users 2 Posts: 1,627 ✭✭✭quentingargan


    I currently own a 90Kw solar array in Spain and arranged some finance for a 1.4mw project. Both were feasible because in Spain the feed in tariff was 45c. It has now been reduced to 31c for new installations and in terms of new projects, the brakes have gone on hard...

    So if solar PV needs a feed in tariff of at least 31c in Spain, what would it take to make it viable in Ireland? About twice that...

    Various people are developing new panels that promise to bring the module price down from a current level (ex China) of €2,60 per watt to about US$1 per watt. When that happens, we can run the numbrer again. Check out Nanosolar, and Advanced Solar Photonics. The former is backed by the lads at Google.org. Ching ching...:cool:


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  • #7
    BendiBus
    Closed Accounts Posts: 2,074 ✭✭✭BendiBus


    Carlow52 wrote: »
    the incentive has driven up the price of panels and installation

    Is there evidence of this or is that an assumption?


  • #8
    Carlow52
    Closed Accounts Posts: 2,389 ✭✭✭Carlow52


    BendiBus wrote: »
    Is there evidence of this or is that an assumption?

    In a market economy grant aid always flows through to the installer/supplier/manufacturer by way of higher [gross] prices to the consumer.

    SEI have further complicated the issue with the requirement for the installer to be 'registered' so they know their clients are sitting ducks.

    Several years ago a friend of mine who was in the know told me that the first grant scheme for RE was on the way.

    To test the market economy I and a few friends got quotes from RE companies about 3 months before the grants were announced.
    3 months after the grants were annouced, the same quotes were requested.

    In 13 from 15 the price increase matched the grant:)


  • #9
    quentingargan
    Registered Users, Registered Users 2 Posts: 1,627 ✭✭✭quentingargan


    Carlow52 wrote: »
    In a market economy grant aid always flows through to the installer/supplier/manufacturer by way of higher [gross] prices to the consumer.

    SEI have further complicated the issue with the requirement for the installer to be 'registered' so they know their clients are sitting ducks.

    Several years ago a friend of mine who was in the know told me that the first grant scheme for RE was on the way.

    To test the market economy I and a few friends got quotes from RE companies about 3 months before the grants were announced.
    3 months after the grants were annouced, the same quotes were requested.

    In 13 from 15 the price increase matched the grant:)

    You're spot on. That is what happened. To some extent the certification required by SEI added to the costs, and at least some sort of quality standards were introduced, which added to the costs, (but not by the value of the grant or anything like it).

    But there is a recession on folks, and the boot is on the other foot. Last time I looked, there were over 1000 registered installers on that SEI list, so shop around. I reckon prices now are below the level they were pre-grant at this stage.


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