Quote:
Originally Posted by Jim Richards
Markus, does Sweden offer financial incentives to homeowners that want to put in solar cells? Stijn, does Belgium?
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yeah, they do, in fact, quite a bit.
10500 investment
- 620 by the city
- 4200 off my taxes next year
That brings the investment cost down to 5680
And it doesn't stop there.
For each 1000Kwh produced, i will get a "green power certificate".
they are worth 270 euro , guaranteed for 20 years
(used to be more, early adopters still get 500 euro per certificate).
in my case that's bout 810 euro / year
And the energy produced i can keep for myself, or sell back
It's not worth to sell back, the price is to low to make an actual profit in that.
ROI is 4.5 year.. the investment is covered by a subsidized, green loan with the government paying 1% off the interest.
Basically it's a no brainer, it's over subsidized.
But hey, i'm not complaining. I figured they were going to pull hte plug on the subsidies real soon, in fact the 620 of the city ends 4 December this year.
And the government is doing the 2012 budget now, which makes me think the subsidies will be cut severely next year.
Hence why i jumped on it now, as opposed to the earlier plan to do it next year...
Basically i slapped about the price of half a 3.2 Carrera on the roof of my garage... so i would save the cost of a full 911 over the 20-30 years