Showing posts with label ROI. Show all posts
Showing posts with label ROI. Show all posts

Saturday, 23 March 2013

The first year of Solar

We have today arrived at our solar panels' anniversary. so here are the figures:

2605.87 kWh (as read on the sunny beam yesterday) although Mike would like me to add half of the 22nd of this year as we got the meter turned on at lunchtime on 22nd last year! This makes the absolute total for the year 2607.14 kWh. Our meter for sending readings to the electricity board is only reading 2591 kWh, I am therefore going to round to 2600 anyway for all the rest of the calculations.

The original estimated generation figure given to us by Hereward Solar was 2190 kWh for the year so we have far surpassed that :) Mike then used an estimating site to generate some monthly amounts - he thinks it was the European Commission Joint Research Centre of the Institute for Environmental Sustainability, Renewable Energies Unit so we then plugged these into pvoutput.org and are using these to see if we are running to target.



Month
Estimate
Actual
Above or Below estimate
April ’12
261
255
below
May
305
328
above
June
295
301
above
July
311
336
above
August
284
326
above
September
226
278
above
October
171
181
above
November
101
104
above
December
63
75
above
January '13
89
68
below
February
129
123
below
March
195
93 in 2012
above total for both part months


116 in 2013
likely to be below for rest of March




Total
2430
2607




so we have surpassed their estimates as well :)

The more techie toys and monitoring ability Mike gets for me, the more OCD I get about looking at trends, and we started using pvoutput.org to graph our usage as well as our generation in December. So I worked out what we use as a baseline amount over the day. There is an interesting waggle approximately every hour which seems to be the freezer or fridge turning on and off, but basically our low point now is approx 150watts of always on stuff, most of which can be accounted for by the always-on server and hub, router, and WiFi points.

There is an interesting note from one of the points in the office which if you plug a 4-way with a light on it in and leave it on, it seems to use about 30 watts of electricity! - we have turned this off now.
I will put 2 graphs up for the hours from midnight to 6am to show this. The first is from 29/12/12 giving a total usage for 6 hours of 1.73kWh, with a low point of 189W and a high point of 490W:


and the second is from 23/03/13 giving a total usage for 6 hours of 1.46kWh with a low point of 153W and a high point of 450W:


so using a calculation of 1.5kWh for 6 hours, this makes 6kWh for 24 hours or the whole day, assuming we are not in and therefore no kettles, washing machines or televisions are being used.

Given a reasonable sunny day in March - well we did have ONE this year ;) - we can get levels above 400W from 8am till 5pm or 9 hours saving us 2.25kWh during daylight. If I can also arrange for washing machines and tumble driers to be matched up with the really sunny times then I can reasonably ensure free electricity for these items as well, but it does take guesswork and sometimes I am not so good at that, or the weatherman is not specific enough. Now a simple money note is that 1 watt always on is £1 per year and 1kWh costs 12.5p to buy so we were spending 75p per day on baseline or £275 per year, now we have saved 28p per day that it is sunny enough - say 300 days per year or £85 just on having sunshine. 

We appear to have used 3864 units of electricity in 1 year to today. and the year before we used 5708 so all our (my) OCD turning off of unnecessary power/lights etc PLUS the solar has saved us 1415 units or £177 assuming direct translation from units read on the meter into kWh charged on our bill. 

Sunday, 1 July 2012

The Money Stuff

Yay, today we passed the 1000 kWh mark in production on our PV solar panels so I thought I'd note how we are doing so far.

On average for last year (until 26th March 2012) we used 15 units daily of electricity. (The average for the year before was 20, so we had already reduced our consumption by 25% simply by being economy minded and me nagging Mike to remove one of the constantly-on computers). Now my current calculation is we are using just under 10 kWh per day. This is a saving of 5 kWh per day or 60p at 12p per unit, so by my reckoning we are saving £200 per year in outgoings.

We are also earning 21p per unit generated so we have just earned £210 for this quarter, and we will assume that we have 3 quarters of £210 and 1 quarter of £70 just to make the maths easy. so all in all we will earn £700 in government funded revenue from our panels. (feed-in tariff)

Now also there is an assumption by the electricity company that we are using half of the generated amount of electricity and so there should be another payment of 3.2p per unit of unused stuff (export tariff). This means that we will also earn another £100 for the year.

This means that for the current expected year we will save/earn £1000, so at £8500 expenditure we will get our money back in 8-9 years. Of course if we had our money in the bank it would have got us some interest so we will allow another 10% on the outgoings and therefore we should break even in 10 years.

Now all we need is a jolly good sunny summer and we will be well over our target :-)

Monday, 26 March 2012

Solar water cost and ROI

Our panels (a pair of evacuated tube panels) set us back of the order of £9000 in (if I remember correctly) 2004. With hindsight, I think we did this too early - the price of a similar system has now dropped considerably (more like £2500-5000, apparently). We're probably saving £50-80 a year, so the ROI time is... a while yet.

On which topic, it's worth noting that our suppliers went out of business, and were taken to court indirectly over their rather inflated ROI claims, and we did get £4000 back as a result. We're currently using the local Peterborough Boiler Services to maintain our system (not that it needs much!), and are pretty happy with them.

It's also worth noting that there are two government incentive payments for solar hot water, one of which is available now, one to come. The one available now is the Renewable Heat Premium Payment, which is (or pretty much was since the deadline is March 31st) a scheme which pays £300 for any solar water heating install since Aug 1st 2011. The future one is the Renewable Heat Incentive - basically, if you've installed since 15th July 2009 (bother!), you will be eligible for some form of payment similar to the solar PV Feed-In Tariff.

As I said, with hindsight, we should probably have left it a couple of years: I'll get some stats upon a subsequent post for the last few years' gas bills, so you can see how much we've saved. Either that or I'll give Anne posting rights on this blog, and she can!