Posted on 09/11/2019 12:53:57 PM PDT by yesthatjallen
Fury over the fading benefits of solar power as thousands complain to finance watchdog that glass panels DON'T provide the rewards they were promised
Financial Ombudsman has received 2,000 complaints from home-owners
Barclays put aside millions to compensate those who bought mis-sold panels
Brian Thompson, from Gateshead, took out £10,000 loan to pay for panels
Was told by firm PV Solar UK that the panels would boost his pension
Payments from power panels sent to National Grid not enough to pay loan coast
SNIP
(Excerpt) Read more at dailymail.co.uk ...
Nelson ha ha.
I have a solar powered water pump for my little hummingbird fountain. Cost $11 and works great.
I also have solar powered blinds. Work great in conjunction with a battery so you can open and close when no sun.
Arizona it might be helpful if one has the money. But England!!??
But this did not happen, and the ombudsman ordered Shawbrook to recalculate the repayments so they would be covered by the savings and pay compensation.
I can’t imagine anyone putting those things on their roof unless they were in a location with very very very high amounts of sunlight.
When you see them in Rochester NY which gets 3 sunny days a year, one can only scratch your head.
I work in the power industry. My company put up a huge grid where people can purchase “shares” of the grid to offset their power bill. At the end of the day, though, it costs more than if they didn’t do it.
It’s for people that want to augment their power with solar, but instead of installing solar on their own property, they just own a piece of the big solar farm.
My take: The only thing solar is good for and will EVER pay for itself is when the SHTF and you still have power while your neighbors are out of luck. And that is not enough reason to get it.
Unfortunately, people wont realize the truth until their utilities bill skyrockets and they cannot afford to heat their homes.
Another dirty little secret is that the rapid advances in efficiency and cost effectiveness of both wind and solar are coming to an end, as they approach their hard physical limits.
A fundamental physics problem. Theoretical limits.
They have a little further to improve, but the large and easy gains are already behind us.
They will likely never be truly cost competitive for most applications, when you look at lifecycle total cost of ownership, without subsidies.
Great for off the grid applications, like sailboats, or outer space.
Isn't that the plan — make conventional energy so expensive that it forces people into Solar and Wind? It makes solar more compelling because conventional energy sources are unavailable or horrendously expensive.
Restricting supply would do this.
1. no to coal.
2. no to nat gas.
3. no to nuclear.
4. no to hydroelectric.
Kind of paints us into a corner.
I knew this whole solar power movement was a fraud when I started hearing from property owners cutting deals to sell tracts of land in upstate New York to developers looking to build new "solar farms" up there.
The area I'm describing has fewer sunny days in an average year than Seattle and Portland.
Damn — you beat me to it. See Post #11. LOL.
Better start investing in lumber, log splitters, Vermont Castings, sounds like everyone is going to need a wood burning stove.
All part of the Green New Deal.
solar to electricity is very inefficient currently. pun absolutely intended.
The best use for solar is south facing triple glazed windows in northern climes and as a pool warmer for the winter in Florida, and by that I mean pumping the pool water and letting it run down a black bottom glazed box to absorb the suns energy directly.
I remember solar panel companies saying one could generate enough power to have a surplus one could sell to the power company.
Haven't seen that in a while.
Gather around the campfire, kids. All 7 billion of you.
Solar panels last about 20 years but degrade over time. They also must be cleaned properly on a regular basis. They are suitable for small single-purpose applications like roadside call boxes, but are horrible as power plants.
Homeowners and taxpayers beware.
That’s cute. Call us when you run your whole house on solar including your summer AC, your oven, your hairdryer, and all your lighting.
In the ‘Green New Deal’, the only thing that’s ‘green’ is your money.........................
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