In case you are sceptical about this. In the Uk consumers pay 9p a unit, but if they feed back the current FITS is 41p a unit.......
The cool thing is that the tariff is a 25 year contract, which is a huge deal. The tariff is expected to decrease in March 2010 to 95% of the above figures.
qwerty wrote:I appear to be in either your gambler or elite category Brian, and I quite often have a 5 to 10 year time horizon on most of my share investments, BUT I have to say why on Earth would a company buy electric for .77 and sell it at .11 its economic suicide, not a business model given to long term success.
There must be some pieces of the puzzle missing.......Anyway I have an enormously long South facing barn roof that I would happily nail some panels to if I was a believer.
My friend across the road was lucky in that they had it fitted to their back roof. They pay no electricity bills and get a sum of money each quarter from the supplier.
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