The green label challenge

[AndyD]

Andy, that is a prettier photo but I prefer the old one

Lol, the photo is of my favorite rapper T.I.

The problem is when you have to borrow money to have a system installed it takes a long time(5 to 7 years) to amortise and is probably false economy in the short and medium term, you will probably pay more for your installment than you are saving on electricity, long term however is definitely a good thing, especially if the increases we are to expect over the next 2 years are to continue.

The difference is when you have to replace or install a geyser then the cost is for the solar panel and installation only, the geyser component is probably covered by insurance and or is a cost of construction.

If the payback time is 5-7 years and the warranty on the item is 2-5 years depending on the make then this would be a big gambol on the reliability and longevity of the particular system you install especially given the short average life span of many products nowadays.

Hopefully a 'green' type forum would help people make a better informed decision about this kind of product.