Hi, I came upon this forum while researching for a solar/FIT system.
Sadly, with the change in the FIT system, I wont now be installing one, as the break even point has disappeared into the sunset, & I will get a better return on capital by leaving it in the bank :crazy:.
I've spoken to several installation company's, most of whom cannot guarantee completion of an accepted system by the 8th as ether they can't get components or their teams are fully utilized up-to the 8th, it's total madness. :veryangry2:
Several friends / acquaintances are in the same boat, 2 have already canceled orders.
My £12k investment is going on a wood burner, a chain saw & a backup gen set. That should leave me £9k for fuel .
With the original FIT "agreement" the financial case was just about acceptable with the 25yr period, but if the government can change the payment rules as they go, you have to ask -
- how long is a 25yr guarantee good for??
- index linked to what ??
- & does tax free really mean free of tax ???
I feel for the guys who've put so much into getting this up and running & who will get nowt out of their hard work because of the political ******s in control.
Why DO we allow ignorant politicians to control everything ?????????????:veryangry2: