Pondering over new business idea...solar energy

trixyben

i have been researching the solar energy business concept over the last year, it all came around me actually looking a system myself and i would always research something inside out before making any decision...

i have since being wondering over a business supplying and installing solar systems, from my research and time after looking into the market i think i have something that could work...now im not a plumber but i have a set up in my head that would work...

has anyone any experience in the sector or offer any advise? i have already been speaking to various system suppliers, the better homes scheme etc etc... whats my next step?

srsly78

Entirely depends on government subsidies, isn't viable on it's own. Also needs feed-in tariff from national grid (which is only coming on-line here). We don't have enough subsidies for solar here at the moment. UK + Germany have massive subsidies.

(not trying to start a green debate, I know fossil fuels are also subsidised etc)

trixyben

srsly78 wrote: »

Entirely depends on government subsidies, isn't viable on it's own. Also needs feed-in tariff from national grid (which is only coming on-line here). We don't have enough subsidies for solar here at the moment. UK + Germany have massive subsidies.

(not trying to start a green debate, I know fossil fuels are also subsidised etc)

hi thanks for your feedback!

I was thinking of the thermal systems to start with, at least there is a grant and its something that is becoming popular in ireland, have you any experience in the sector yourself?

srsly78

Not in Ireland. Your first task would be to go and identify exactly what govt subsidies are available.

YouBuyLocal

Have you installed them before? They can be quite complex and dependent on a lot of variables. The thermal systems require a super efficient immersion to keep the heat generated for it to be in any way cost-efficient.

The market is also congested, maybe 4 years ago you could have gone in but now, without feed-in tariffs like the UK - which we are very far away from because of the lack of investment in our national grid over the years - it seems to me you'll be struggling without a significant advantage and some added selling points. There are lots of skilled individuals out there doing this already (and a lot of cowboys) and although people still have savings, most haven't got the spare cash, even with the subsidies.

My parents have a few in their house that my Dad installed, so I know a bit about this, but not much.

I would look for a different edge in energy innovation. The first stop-shop for energy innovation for anyone who knows what they're doing is ALWAYS insulation. But you green-eyed neighbours can't see your insulation the way they can see a couple of shiny solar panels on your roof;-)

suarez9

Enervise.ie seem good

NIMAN

Your idea isn't like the one on UK Dragons Den last week?

http://www.co-operative.coop/magazine/in-the-news/house-home/solar-energy-first-winner-on-dragons-den/?articleid=002955#Comment

thesteve

suarez9 wrote: »

Enervise.ie seem good

Not from that site it doesn't!

trixyben

NIMAN wrote: »

Your idea isn't like the one on UK Dragons Den last week?

http://www.co-operative.coop/magazine/in-the-news/house-home/solar-energy-first-winner-on-dragons-den/?articleid=002955#Comment

i never seen it tried to watch it on the bbc player but cant watch it cause not in the uk, does anyone know how to get around this would love to see it!

ironclaw

Solar energy, as in electric photovoltaic, is lightyears from being viable. Your talking less than 5% of sunlight to electricity. Its also ridiculously expensive at this time. Ireland also does not have suitable sunlight to make it viable.

Thermal on the other hand does work, but its a fairly saturated market. Pretty much every plumber is doing it.

Which end are you looking at? Electricity or Thermal?

YouBuyLocal

trixyben wrote: »

i never seen it tried to watch it on the bbc player but cant watch it cause not in the uk, does anyone know how to get around this would love to see it!

To watch bbc iplayer follow these instructions:
http://www.youtube.com/watch?v=gKE9pbuujFg

YouBuyLocal

ironclaw wrote: »

Solar energy, as in electric photovoltaic, is lightyears from being viable. Your talking less than 5% of sunlight to electricity. Its also ridiculously expensive at this time. Ireland also does not have suitable sunlight to make it viable.

Thermal on the other hand does work, but its a fairly saturated market. Pretty much every plumber is doing it.

Which end are you looking at? Electricity or Thermal?

Exactly right... I think he said thermal, but it is much more complex than it sounds. Not necessarily to install them, but to upgrade the plumbing in the house to make it efficient you need to know what you're doing.

And every plumber is doing it already.