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ScotKio I am not rich, Okay just over acouple of million in all counting my house ISA and pension .
That's not rich.
I just cut my expenditure and increase my income by thinking about to things.
You're working from home and have spare time? Haven't you heard of the internet ;)
Then don't get a heat pump, get wall mounted oil filled radiators, some as low as 650 watts.
Very clean and efficient. Ok you need a larger solar setup, but again calculate it.
Also if your house is that big then the setup you get may not meet all your costs, but they will certainly cut your energy costs, with no gas and importing cheap electric between 2-5 am at under 10 pence a unit depending on where you are.
Do the maths.
Also you can power radiators with electric combi boilers, but don't know what the costs are for that, as I didn't look at that solution.
Out of curiosity Slug what are your energy costs for gas and electric per year?
Leave Quady alone Scott, they probably dont have a pot to pizz in which is why they post on here and spout absolute unsubstantiated nonsense.
There's only one thing that is important here and it certainly isn't any of us anonymous posters who clearly are having a laugh with their new found working from home spare time... š
ONWARDS & UPWARDS!!!
Good grief Pactrol get your head out of the sand.
Every country in the world has to tackle climate change.
I never got a grant for my solar, but they exist for the poorest households.
So I reckon with grants for the poorest households that they could have something similar to my setup for 10k
Now lots of companies including octopus energy will get the grants for you and if you don't have the money to pay for it, can get finance at around 9.9 percent.
That means over ten years. Around 100 pounds a month.
Now tell me that they pay less than 100 pounds a month for their gas and electric. I don't believe you.
Sure if 6 people or more living in a house then bills are higher.
But can easily support a family of four.
My house is enormous itās got steep pitched roofing in all directions
It just doesnāt add up! Heat pumps even more staggeringly cost ineffective
ByronBayGold: is the Ā£117B estimate based on the latest PFS I am assuming and Cascabel only or any value attributed to other tenaments and/or the the inferred resource at Cascabel?
I liked the informative information about your solar panels. But did you need to brag about 43 years investing and bragging about having more cash then Midas. Thatās why ya annoy people. Who brags about been rich. Silly man.
Slug you are meant to be a mathematician.
So do the sums.
The biggest factor in this is you need a south facing roof.
If you have that you are quids in, nobody could possibly not make money.
Just size your setup so you don't ever have to pay for electric again, and dump the gas.
You can then calculate your real time savings.
By working out how much you pay for gas and electric today.
Lastly insulation plays a huge part, and I could increase my income more by insulating my house better, but just can't be bothered at the moment, as happy with what I have.
If things change I will look at it again.
Happy to talk solar panels. But please not solgold. Iāve never blocked ya so you donāt annoy me that much
BBG post all you want.
I happen to agree with your 1-5 percent figures.
I am probably one of the biggest supporters of Solgold on here
Also how can you see my posts when you have filtered me.
Yes you mention the standing charge being used to pay off the creditors of bankrupt energy suppliers. I find this to be an unjust tax on the poorest in our society as they have no way of reducing this burden even if the use no energy at all they are still hammered by the standing charges. How any Government could sanction such an attack on the poor is beyond me and the fact the opposition party's have said nothing says a lot about them too.
ScotKio I have a 9.5kw battery, octopus quote 9.8 but 9.5 is what's usable.
Also don't have 8 Kva, I have 5kva in Solar panels.
I also know what I am talking about when investing.
Being doing it for 43 years and generate more money than I can ever spend.
Slug- youāre still embarrassing yourself after all this time. A dinosaur to the end. Roll on that asteroid.
Z
Total Resource Value - Ā£117B
Total shares in circulation - 3B
Percentage of takeover
1% = 39p
2% = 78p
3% = 117p
4% = 156p
5% = 195p
6% = 234p
7% = 273p
8% = 312p
9% = 351p
10% = 390p
Rule of thumb calculation for takeovers:
1. Market valuations range from 1 - 5% for assets pre development.
2. Market valuations range from 5 - 10% for assets that are being developed and or are operating.
My opinion is that we should accept nothing less than 4 - 6%
Watch the climate deniers increase their rubbish chat to push this post onto page 2. Quady will have an aneurysm when he sees this post. Quady is here to dilute discussions of a takeover. Why?? Because its happening and someone doesn't want the share price to spike!
Hi ScotKio, 15 pence is the flex tariff, I am on the older demand tariff, it changes between 4 and 7 when I discharge my battery, has been as high as 51 pence a unit.
I believe you are correct on 15 p as that's what I get the rest of the day when my battery is full.
I letās wait to hear what his setup cost him first Scot
Okay Slug just for you.
I have never had a day when my heat pump and solar didn't supply all the heat I wanted, but let's say I did.
I can get power for my 9.5 kilowatt battery sometimes as cheap as 6 pence a kilowatt between the hours of 2-5am.
I currently only take a couple of kilowatts and between 4-7pm when I export about 8 kilowatts ( remember I am still generating as the sun is shining ). I can earn as much as 51 pence a kilowatt.
I think it's around 40 pence a kilowatt at the moment.
It's a flexible tariff and I get paid more, when they need more.
To install my heat pump, rip out all my radiators and have them replaced with modern radiators with greater surface area, plus my IBoost setup and new immersion heater tank, minus the government grant, was just under 4,000 pounds.
I also brought an induction hob to replace my gas hob at roughly 400 pounds on top of that as I had no gas.
On the Solar that was just under 12,000 pounds all in.
I went for the 5kw invertor as the cost of the 3.6 KW and 5 KW are the same. So I guess around 16K all in.
I will never pay another bill again, I get over 1 thousand pounds a year income and it will last me the rest of my life.
Pbow thatās twisting the truth and then some
In the last round of auctions for wind they couldnāt get a single bid at the same price as record high has and had to bribe them with a 50% premium
Thatās because the cost of new wind is phenomenal
Since then gas is down to itās cheapest in ten years (60p a therm from five quid at the peak)
If we just used gas our bills would be a fraction what they are now
Hate to say this but Quady has his head screwed on right with his solar panels. If he does what he says he can pay Ā£0.08 from octopus energy charge his battery up to max and even sell that energy back to octopus at Ā£0.15 nearly double. As to battery running low. He has 9.8kwh stash so with good management he can run it for free and in summer with his ;.8kwh panels he can create that every hour the sun is up bank the cash and pay other bills with the cheques he gets. Again sorry to say he does know what he is talking about when it comes to solar.
If there was some loose stock after that 75m block trade a 2 weeks ago, I think it's pretty much cleared now which might explain the slight change in the order book which looks a bit less controlled today.
If down to normal market forces the bias is on buyers rather than sellers although last 2 sessions have dropped a few off along the way as traders took some profit yesterday after poor CPI data.
I don't think it will need any further news to punch through 10p levels. That should happen fairly soon. But once through that level, it might need an SR outcome or some other news to push it back to 15's / 16's. which it was quite happy at some months ago prior to Berry Street forced selling and some market weakness.
11p/12p is where I would expect the next floor to be until anything major comes out.
Noront was sitting around 21 cents before they had offer from BHP at 55cents. As we know that doubled up again to 110 cents agreed deal with Twiggy. So over 5 x from base level. On same basis, if we were 11p/12p, then that's 55p/60p or from 9p it's 45p.
Ultimately it comes down to asset worth and what someone will pay. We know that's higher than 60p a share but you have to leave something for the next man as they say.
Quads, according to energy saving trust I will save Ā£470 per annum installing solar, at a cost of Ā£7,100
If says āthese solar panels could pay for themselves on 17 yearsā and the inverter needs replacing at 12 years at a cost of Ā£600
Of course the 17 years is assuming I donāt instead put the Ā£7100 into high savings or a bond, at which point the pay pack time looks very ugly indeed
Put it this wayā¦Iād be dead before it paid for itself
In a nutshell, thatās why very few people want it.
Actually Quady there are a number of reasons why electricity prices are high in the UK.
The reasons for this are numerous, and not particularly linked to transmission infrastructure, or new connections.
Green levies do add something into the mix, as does the price cap (well more that the price cap meant a lot of suppliers went bust as they were allowed by OFGEM to trade without sufficient capital and went bust, you now subsidize their old customers through the standing charge).
A big issue for bills is marginal pricing, so in the UK prices are set based on the most expensive supplier. So if electricity produced by gas is selling at double the price of wind - the supplier of wind electricity gets paid the same as the supplier of gas electricity. Because the base load is Gas, and renewables cant provide all electricity needs we pay higher. If the base load was coal (which for political reasons it isnt) we would have significantly cheaper electricity.
This wont be fixed until we get alternative sources from renewable so dont need any base load, switch to a cheaper base load, or gas becomes cheaper.
Impacting on most families .https://youtube.com/watch?v=6tfs85DNs-o&si=fzpHD7J5t6DKuniL
How does the heat pump work on days when you donāt get any sun and the battery is dry?
Roughly, what was the cost of this system you use (the solar panels, water tanks, heat pump, radiators, any adjustments etc)