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Solar PV- 3 phase commercial-7 year pay back.

  • 11-12-2015 10:47am
    #1
    MFdaveIreland
    Registered Users, Registered Users 2 Posts: 588 ✭✭✭


    Any lads any experience of this. We're up north was just wondeirng do the ROC payments happen in the south also. Was lamenting over a 12w system for a shed roof, roof in question is around 50ft x 20ft. think its large enough. 'apparent' return on investment 20%, pay back period 5-7 years, with guaranteed fixed roc payment of around 1500 sterling per year for 20 years . Any experience or thoughts?


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  • #2
    alps
    Registered Users, Registered Users 2 Posts: 5,194 ✭✭✭alps


    MFdaveIreland wrote: »
    Any lads any experience of this. We're up north was just wondeirng do the ROC payments happen in the south also. Was lamenting over a 12w system for a shed roof, roof in question is around 50ft x 20ft. think its large enough. 'apparent' return on investment 20%, pay back period 5-7 years, with guaranteed fixed roc payment of around 1500 sterling per year for 20 years . Any experience or thoughts?

    Should that be 12 Kw output?


  • #3
    CloughCasey1
    Registered Users, Registered Users 2 Posts: 2,741 ✭✭✭CloughCasey1


    MFdaveIreland wrote: »
    Any lads any experience of this. We're up north was just wondeirng do the ROC payments happen in the south also. Was lamenting over a 12w system for a shed roof, roof in question is around 50ft x 20ft. think its large enough. 'apparent' return on investment 20%, pay back period 5-7 years, with guaranteed fixed roc payment of around 1500 sterling per year for 20 years . Any experience or thoughts?

    No unfortunately not. Great scheme. To be honest the technology is improving all the time so what is a standard panel now will be decreased by half in 5yrs with the same output and we hopefully might start that scheme down south but there will be a few more years of insulation retro first. Pv will be a money maker down here in next few years but with everything timing will be everything.


  • #4
    MFdaveIreland
    Registered Users, Registered Users 2 Posts: 588 ✭✭✭MFdaveIreland


    yes 12kw is what i meant to say. Apparently they are cutting the ****e out of it in march down to 8 something pence , making it effectively not worth doing. As far as i know, the government have a target uptake and once they reach that all financial incentives will be pulled. Just like everything


  • #5
    MFdaveIreland
    Registered Users, Registered Users 2 Posts: 588 ✭✭✭MFdaveIreland


    @clough. anyone up here that got in early , has theirs paid off, and are reaping the rewards.


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