Free Energy now available in the UK. Wooohoooo.

[mushy99999]

If you have a south facing house, you can now get solar panels for free.

Look here: http://www.ashadegreener.co.uk/

This makes Bitcoin mining a whole lot cheaper. :-)

[zerokwel]

fantastic..

100% going to contract them

[Phinnaeus Gage]

If your house faces north, install a Bitcoin mining rig because, obviously, you don't care about your electric bill. If your house faces east, you are a troll. If your house faces west, keep an eye on the house across the street facing yours, and report what you see and hear to the rest of the community.

Bitcoin: Where Orientation Matters

[kwukduck]

Guess the value will drop even more then

[pekv2]

See, what is good about this is, you could get hooked up to the grid, what power you don't use, sell back to the power company = Profit. Same goes for windmills. I totally agree on solar panels & windmills, why pay for electricity when we could get it for free, that is if you can pay for the equipment in other country's not including UK offering free solar panels. UK offering free solar panels = Profit.

[TheBitMan]

Testimonial..

"Given that the income is tax-free, the return on £14,000 investment is equivalent to 12.9% for a 50% tax-payer and 10.3% for a 40% tax-payer, with the investment recouped in as little as seven years. As the payments are linked to RPI, this equates to a real return of 18.2% and 15.6% respectively at today’s RPI rate of 5.3%"


You have to pay, but the government pays you back over the years..which makes them FREE

[mushy99999]

Testimonial..

"Given that the income is tax-free, the return on £14,000 investment is equivalent to 12.9% for a 50% tax-payer and 10.3% for a 40% tax-payer, with the investment recouped in as little as seven years. As the payments are linked to RPI, this equates to a real return of 18.2% and 15.6% respectively at today’s RPI rate of 5.3%"


You have to pay, but the government pays you back over the years..which makes them FREE

Nope, on this one you don't have to pay. They give you the option of them putting up the up-front costs so long as you have a south facing roof. The only thing is that you don't own the solar panels, they do. And they collect the cheque, however you get the electricity benefit and no maintenance costs or installation costs etc,......

A VERY good idea me thinks :-)

[TheBitMan]

Testimonial..

"Given that the income is tax-free, the return on £14,000 investment is equivalent to 12.9% for a 50% tax-payer and 10.3% for a 40% tax-payer, with the investment recouped in as little as seven years. As the payments are linked to RPI, this equates to a real return of 18.2% and 15.6% respectively at today’s RPI rate of 5.3%"


You have to pay, but the government pays you back over the years..which makes them FREE

Nope, on this one you don't have to pay. They give you the option of them putting up the up-front costs so long as you have a south facing roof. The only thing is that you don't own the solar panels, they do. And they collect the cheque, however you get the electricity benefit and no maintenance costs or installation costs etc,......

A VERY good idea me thinks :-)

To bad I don't live in the UK lol

[Grouver (BtcBalance)]

Please expand to your fellow neighbor country: The Netherlands!

[mushy99999]

Please expand to your fellow neighbor country: The Netherlands!

I really don't see why other countries don't do this. Normally the UK is the last place to get anything good and the rest of Europe is years ahead.

[Ben Walsh (beamer)]

The Government generates no wealth whatsoever.

It is funded 100% through taxation - either direct taxation of the wealth of individuals or the indirect taxation of the wealth of individuals by the taxation of private sector businesses - which increases the price individuals have to pay for goods and services. In this specific case, the UK energy suppliers are now charging everyone more for the energy they use to cover the costs of the tariffs which the UK Government have required they pay - without such tariffs everyone would be paying less for the energy they use.

Anything you get "free" from the government has been paid for through taxation of individuals.

Thus, this is merely a tax rebate for those fortunate enough to be in the position to install solar power generation equipment - owners of land - specifically those with buildings that have south facing roofs.

It is distributing wealth away from the poor to the rich.

That said, I currently support the move away from a reliance on fossil fuels for energy generation.

Testimonial..

"Given that the income is tax-free, the return on £14,000 investment is equivalent to 12.9% for a 50% tax-payer and 10.3% for a 40% tax-payer, with the investment recouped in as little as seven years. As the payments are linked to RPI, this equates to a real return of 18.2% and 15.6% respectively at today’s RPI rate of 5.3%"


You have to pay, but the government pays you back over the years..which makes them FREE

Nope, on this one you don't have to pay. They give you the option of them putting up the up-front costs so long as you have a south facing roof. The only thing is that you don't own the solar panels, they do. And they collect the cheque, however you get the electricity benefit and no maintenance costs or installation costs etc,......

A VERY good idea me thinks :-)

[julz]

Please expand to your fellow neighbor country: The Netherlands!

I really don't see why other countries don't do this. Normally the UK is the last place to get anything good and the rest of Europe is years ahead.

Suddenly this Aussie is a monarchist!
Please bring this to the rest of the Brittas empire before sharing it with those pesky neighbours up there!

Apparently we did have a government solar rebate scheme here - but it certainly wasn't 100% - and for some reason it's been cancelled.

[RandyMarsh]

The UK energy suppliers are now charging everyone more for the energy they use to cover the costs of the tariffs which the UK Government have required they pay - without such tariffs everyone would be paying less for the energy they use.

Is this correct? Have you in the UK seen this increase in electricity cost since the introduction of the FIT scheme?

I would have thought that the scheme would disallow the power companies raising prices to compensate, it does seem very unfair... but in another way its also even more incentive to become a part of the scheme.

[Trader Steve]

The Government generates no wealth whatsoever.

It is funded 100% through taxation - either direct taxation of the wealth of individuals or the indirect taxation of the wealth of individuals by the taxation of private sector businesses - which increases the price individuals have to pay for goods and services. In this specific case, the UK energy suppliers are now charging everyone more for the energy they use to cover the costs of the tariffs which the UK Government have required they pay - without such tariffs everyone would be paying less for the energy they use.

Anything you get "free" from the government has been paid for through taxation of individuals.

Thus, this is merely a tax rebate for those fortunate enough to be in the position to install solar power generation equipment - owners of land - specifically those with buildings that have south facing roofs.

So true...

[Grouver (BtcBalance)]

with those pesky neighbours up there!

Hey, hey!
We are not pesky, we are nice decent people!

[Ben Walsh (beamer)]

No I lied completely.

http://www.telegraph.co.uk/earth/energy/nuclearpower/8630832/Energy-prices-without-reform-well-all-be-in-the-dark.html

The "big 6" have posted record profit increases throughout, whilst simultaneously chronically under-investing in the infrastructure and raising the prices they charge by 3-4 times RPI every year.

The latest price rise was for electricity and was 16-18%. These rises are now impeding the ability of the UK to recovery from recession and leading the latest increases in the RPI figures.

It is classic short-termism.

The UK energy suppliers are now charging everyone more for the energy they use to cover the costs of the tariffs which the UK Government have required they pay - without such tariffs everyone would be paying less for the energy they use.

Is this correct? Have you in the UK seen this increase in electricity cost since the introduction of the FIT scheme?

I would have thought that the scheme would disallow the power companies raising prices to compensate, it does seem very unfair... but in another way its also even more incentive to become a part of the scheme.

[julz]

with those pesky neighbours up there!

Hey, hey!
We are not pesky, we are nice decent people!

(SSHH.. I know..  just tryin to pander to the guvnor's euro-phobia!)


It's criminal how little there is in the way of solar on the roofs around here.
I suspect they only offered a solar subsidy recently because China has been buying so much of our coal that solar is not seen as much of a threat to the coal-revenue.

Now.. has anyone worked out the best way to get the most megahashes per square meter of solar-panelled roof yet?

[Grouver (BtcBalance)]

Now.. has anyone worked out the best way to get the most megahashes per square meter of solar-panelled roof yet?

I actually wonder to how much sun hours these places got on average.

[dancupid]

In Manchester we have over 50 different words for rain.
We need rain power! Sun is for southerners. We laugh at you and your southern pansy sunshine.

[TheBitMan]

In Manchester we have over 50 different words for rain.
We need rain power! Sun is for southerners. We laugh at you and your southern pansy sunshine.

How often does it rain?