What would you do?

[RogerL]

I have £10k invested at no risk giving a 3.7% tax paid return.
You are not receiving a return you are recouping your original outlay at 11% a year.

In theory the £10k installation cost will be recouped when the house is sold

 

[Hutch]

In theory the £10k installation cost will be recouped when the house is sold

Oh no it's not. They buyer states, I am not over interested in Solar panels, how Old are the batteries. Right off 5 k or more.

 

[GUMPY]

Sorry but I am 72, and not willing to invest that sort of money into a house that I might be selling within 5 years.

I was 69 when mine went in, I'm 72 now, if we move and the purchaser doesn't want to pay a premium for a solar equipped house I will take the system with me.
Looking at a heat pump this summer 🤔

 

[Hutch]

I was 69 when mine went in, I'm 72 now, if we move and the purchaser doesn't want to pay a premium for a solar equipped house I will take the system with me.
Looking at a heat pump this summer 🤔

Sorry for you, not willing to argue about Heat Pumps, a real Marmite job.
A bit like Coachman caravans and Baileys.

 

[GUMPY]

I have £10k invested in a bank, at no risk, giving a 3.7% tax paid return.
You are not receiving a return you are recouping your original outlay at 11% a year.

I am getting that return whatever you say.
Only 3.7% that's not good, all of our safe investments are between 4 and 5% depending on when we took them out. Our most recent ISA is 4.05% tax free and that unsurprisingly is the lowest.

 

[Gafferbill]

Well done on your bank investments......now they are giving real returns!

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[Tobes]

How is a battery system going to power a 240v shower for 5 minutes?

My battery system will support 5kW for around 3 hours (16kWh of battery).

 

[GUMPY]

Well done on your bank investments......now they are giving real returns!

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It was better last year one is still at 5.05% and matures in September. Each new one drops a bit.
They are all with a building society, I won't use banks as they are there to make a profit from customers, building society profit goes back to members.