Quote:
Originally Posted by brynithel3 Hi All
Does the Italian scheme apply to holiday home owners because for at least 10 months a year most people would be contributors to the national grid? The Italian scheme seems too good to be true and as we all know that normally means it is too good to be true. The article from the BBC is very good news so lets hope the installation prices reduce dramatically and we can all have them fitted and minimise our reliance on fossil fuels.
In the Uk the present costs show that it would take 45 years to recoup the initial outlay, so if the panels have a life time of less than 45 years, the maths just don't add up.
Ciao
John |
Hello John,
When I first looked into it online two or three years ago before the new incentives came in, the set up was that you get a lump sum like the UK as the incentive but the payment to you would stop if you were in credit for more than 49 days I think; so my 'evil' thoughts that I could end up in profit while I am happily working in the UK quickly disappeared.
I think the new system came in to do away with the abuses as always. Apparently, the lump sum payments were not being used to carry out the work in accordance with the agreement hence the new payment over the years.
I have yet to confirm but I think that the annual payment from the State is based on KwH used so it is not a fixed payment. In my case they estimated my 2KW panels would produce about 1400KwH (which I think is optimistic - my assessment on best data is about 1200KwH). The incentive rate is €0.43 / KwH. In the case of the holiday home it would not make sense I don't think.
I have looked at the BBC link and actually it hits a note with what the Engineer said to me on the house visit. At the time it did not click and I assumed it was sales talk but what she hinted at is that these incentives might not be available as is much longer due to falling prices.
I still have not heard from them and I just hope that by the time they write back, the incentives are still there!
Francis