Motoring Discussion > New Car Time Buying / Selling
Thread Author: zippy Replies: 72
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New Mon 8 Jul 19 13:10 
 New Car Time - smokie
Regarding the FITS payment. In my case, and I'm not sure I'm alone, I made an investment nearly 8 years ago in solar panels. This year I should get back the amount I invested, without any allowance for interest or inflation. How does that match up to others investments, which often depend on share values in businesses whose share price rises with improved profits, which is often directly or indirectly a cost to each and every consumer??

Once I break into profit I will be on a decent return for the remaining years for which the payment is guaranteed (probably around 12% pa at current rates for c.17 years) but if you apply the return across the full 25 year period when I was getting nothing for the first eight it isn't so great. And there si a good possibility I will have at least some maintenance cost during that time, probably equivalent to about a year of income.

That's ignoring any contribution to the environment that solar panels may make.

I'm not complaining about it as an investment but just pointing out the realities.

Last edited by: smokie on Mon 8 Jul 19 at 13:10
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