Ooo, apparently we need to bring down installation costs
He failed to change my mind. i still want to smack him.
I think that's more down to compensating for the increase to the export rate.Hate to say it but the price 'race to the bottom' has encouraged further cutting...
so there could even be some benefits from this.
I think that's more down to compensating for the increase to the export rate.
The combined impact of the 16p FIT rate, 4.5p export rate is better than 16.5p FIT + 3.2p export. The reduction to 20 year payback period obviously makes that worse over the lifetime, but tbh I really don't see this aspect being too bad, and we've had a fair few older customer put off by the 25 year payback period, so there could even be some benefits from this.
Not ideal. Probably going to spark a boom during July and nothing in August.
Who needs to print new literature? Ours say 25 years. Might go and stick them thru door-to-door this weekend. Either that or a black marker pen.
I'm not particularly posting good or bad news, just trying to give an accurate picture of the situation, which is that for the 1st 20 years of the installation the return will actually be slightly higher than if they'd used the 16.5p FIT + 3.2p export rates - it's certainly not worse than expected, which many might think at first glance.Sounds to me like clutching at straws desperately trying to find a glimmer of good news.
The benefit's very marginal. The export rate effectively has to be halved to account for the 50% deemed export, doesn't it? So the true figures are:
New: 16p + 2.25p = 18.25p
Old: 16.5p + 1.6p = 18.1p
I honestly don't see this being a significant issue for most of our customers. For most it's the initial rate of return and payback time that are most important IME, with a lot of comments along the lines of 'I doubt I'll live that long' etc when it comes to the total 25 year figures.The customer will barely notice the difference but reducing the duration from 25 years to 20 will typically cost maybe 500-700 per year in today's money for years 21-25.
16p 1st August and then Three Monthly with 2 months notice August November, February. May based on installations
I'm not liking the timing of that winter cuts schedule. We're going to have a rush at the peak of winter at the end of January.
At the new rate a £--- 4kW install can pay back in xyears, so not too bad.
I'm trying to be optimistic, but feel free to shoot me down.
I'm not liking the timing of that winter cuts schedule. We're going to have a rush at the peak of winter at the end of January.
Working to DECC's convenient schedule instead of any sort of schedule that matches up with this being an industry that's hugely dependent on the weather.
I don't have a stetson yet so I can't install at those rates!
The big boys are already doing it at those rates.
tbf, in January more than 2 a week would be a rush.Gotta love your optimism Gavin:joker:
It is not clear in the DECC statement.
new installs after 1st August only, though I forget where I read that.Is the new export tariff of 4.5p for all installations retrospectively or only from 1/8/12. It is not clear in the DECC statement.
I know I've said this before, I remain convinced, this is typical central gov civil servant incompetence rather than anything approximating to a plan or strategy. They can think they mean well, but just don't live in any real world commercial reality; and ministers will do what they are advised by said same civil servants. The culture of the majority of gov depts is of self obsessed naval gazing; I'm sure DECC is no different. Sorry doesn't help with managing the impact of all this I know.is it incompetence, or is it actually their intention to kill the industry?