In theory the £10k installation cost will be recouped when the house is soldI 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 soldI 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.
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.In theory the £10k installation cost will be recouped when the house is sold
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.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.
Sorry for you, not willing to argue about Heat Pumps, a real Marmite job.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 🤔
I am getting that return whatever you say.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.
My battery system will support 5kW for around 3 hours (16kWh of battery).How is a battery system going to power a 240v shower for 5 minutes?
It was better last year one is still at 5.05% and matures in September. Each new one drops a bit.Well done on your bank investments......now they are giving real returns!
Electric showers run from 7.5kW to 10.8kW so there is not enough power from your system to run one.My battery system will support 5kW for around 3 hours (16kWh of battery).
A heat pump is more efficient than a gas boiler. Your problem is the specification and actual performance rating of the installed heat pump. It’s a bit like having a Mini to tow your caravan.If we had the choice again, it would certainly not be a heat pump for heating. Gas is far more efficient!
We have heat pump tumble dryer and we class it as one of our worst buys. Our previous tumble dryer was far more efficient and quicker!
As I understand it, air-source heat pumps react slowly to changes in demand and become less efficient at low temperatures, just when they're needed most.A heat pump is more efficient than a gas boiler. Your problem is the specification and actual performance rating of the installed heat pump. It’s a bit like having a Mini to tow your caravan.
It is the correct size for our household. On really cold days it is running constantly and the kwh consumption for that day can exceed £10 for a 2 bedroom home even though temp is set to 20C maximum. For 2 hours each day it cannot supply any room heating as it is heating the water.A heat pump is more efficient than a gas boiler. Your problem is the specification and actual performance rating of the installed heat pump. It’s a bit like having a Mini to tow your caravan.
A correctly installed heat pump will always be more efficient than a gas boiler.If we had the choice again, it would certainly not be a heat pump for heating. Gas is far more efficient!
It is the correct size for our household. On really cold days it is running constantly and the kwh consumption for that day can exceed £10 for a 2 bedroom home even though temp is set to 20C maximum. For 2 hours each day it cannot supply any room heating as it is heating the water.
Spot on Sam. It was cheaper using our gas boiler in our previous home which was also about the same size. Heating was better and we could have the temp up to 21-22C without it impacting the bottom line.Yet another perennial discussion - which is ok.
Heat pumps are more efficient than gas boliers when comparing energy in to energy out but the cost of electricity compared to gas means that running costs may not be much different on each system.
Heat pump installation needs a lot of consideration as its not just a case of gas boiler out, heat pump in. Radiators may need to be resized and hot water production needs to be factored in. Of course the payback period is yet another factor as the price differential between both systems is considerable.
Factoring in a heat pump into a Solar Panel system is also complicated. Heat demands are greater in the winter when the Solar Panels are probably producing less and the heat pump is less efficient. Flexible tarrifs may not always be lowest when your heat demand is high.
Not easy calculations to do.
As for moving Solar Panels to another house - this has been discussed before - it will cost money which increases the payback period.
Pays your money takes your choice
Do you have a heat pump installed and if so who is the manufacturer?A correctly installed heat pump will always be more efficient than a gas boiler.
My younger brother had a heat pump fitted 3 years ago in a smallish 2 bedroom house, he complained about the fitment( he is a builder with electrical certification) the company came back and fitted a different type, he complains that it is not efficient and the house doesn't get above 20c.,Spot on Sam. It was cheaper using our gas boiler in our previous home which was also about the same size. Heating was better and we could have the temp up to 21-22C without it impacting the bottom line.
The heat [ump was installed by the manufacturer Mitsubishi so I would think they have done the installation correctly. However on really cold days the whole unit freezes up. Sadly at present I do not have any pictures of the block of ice when it is frozen over as the auto defrost cannot cope, but the good news is that in the near future there will be some.
Do you have a heat pump installed and if so who is the manufacturer?