Energy Prices in the UK Rising Again, Should You Get Solar Panels?? 2 Year Review

[HolyTrinityTreasurer]

Hi, been offline awhile. I have a very similiar system to you installed by the same company. 5.8 kw panels facing 150 degrees from North with a 5.0kwh Puredrive battery, installed 20/12/22, in Norwich. Despite having a larger system, my generation numbers are very similiar . 2023 4.9 mwh, 2024 3.7mwh. You are doing really well as I think your generation is 10% greater than forecasted whilst mine is 10% less. Also agree this year has been disappointing as generating 10% less than last year. Averages approx pm , usuage 370kwh, generation 480kwh, exported 330kwh, imported 220kwh. Based upon, import rate 25p kwh, export rate 15p kwh, import rate off peak 15p kwh, , currently my average cost per kwh is nil. This will become worse as we enter winter. I am finding your videos very usefull, thanks. Looking forward to how you get on with a heat pump.

[eimaass]

Hi mate. When you talk about ROI do you include inflation to what you initially paid? I know energy price goes up but same as inflation.
For example £8, 500 in 2022 is equivalent in purchasing power to about £9, 456.06 today, an increase of £956.06 over 2 years. The pound had an average inflation rate of 5.47% per year between 2022 and today, producing a cumulative price increase of 11.25%.
So your payback my be even longer.

[rodden]

I went for a heat pump with Air to Air it was only 5k and simple to install only taking a day and a half , i have 2 Powerwalls and live alone, it was talking to Nigel from The EV puzzle that made me go with that system. I'm still on the Octopus standard rate as im not drawing anything from the grid at the moment so now i will have to find out the best tariff for me this winter . i am still getting the old FIT payments and not sure if i can have FIT with some of the tariffs .

[robbenson]

Would you agree that looking purely at ROI it doesn't make sense to have solar panels and battery, just a battery, due to favourable tariffs?

[peterjones]

You have an error in your text. You show total Export when you mean total Import of £202

[roblincu]

Very interesting stats, how does your actual generation compare with the estimated annual generation on your mcs certificate?