E3 wise, on 27 April 2013 - 12:28 AM, said:
Lets talk cost of fueling for a minute in England today. The average cost of Petrol converted to Us Dollars is averaging around $10.00 per gallon. Now like some retailers here in the US, several British groceries sell petrol, these include Morrison's, ASDA, Tesco, and Sainsbury's. with me so far, now the average cost in US dollars for a 1 hour quick charge $2.75. So if a car averages 25 miles per gallon, compare $40.00 petrol to $2.75 electric to go 100 miles. This is one big driver. Likewise it keeps customers in stores longer and since they are saving a fortune in fuel cost, maybe they will spend more.
You don't have to try to convince me of the cost per mile argument. I understand that perfectly well. And have not in any way disputed it.
E3 wise, on 27 April 2013 - 12:28 AM, said:
So far your arguments sound child like and foolish, it cost money, well so does the transfer of wealth, so England is spending a little to keep a lot of money in country generating jobs locally.
And you exude charm.
I also understand that Britain imports gas,
and electricity. Of course it would be better to source that locally, provide jobs, and end UK dependence on foreign sources from countries that aren't in the most stable region.
But the cost of installing solar isn't quite the one-shot deal that Phil has suggested.
One of my colleagues installed solar panels at a cost of £15k.
Had he stuck that in an investment that yielded even a moderate return he'd get maybe £750 a year.
That doesn't thus costs him £750 a year.
So what does he save?
In UK, average annual electrical energy consumption per household is 4,700 kWh.
Source is BWEA, the British Wind Energy Association - they use it as a measure of how many homes can be supplied by a wind turbine/farm.
For 2013, my electrical energy costs £0.24 for the first 900kWh and £0.12 above that.
For an average household that would amount to £672. At that rate it would never pay back. Even if it supplied all of his electrical energy. Which it doesn't. Add a home EV charger....
And storage which in many cases is VRLA batteries. Typically they have a ten year life based on most of the inverter systems I've dealt with.
OK. It's just an example. But I know a few people who have paid upwards of £10k.
It's easy to take the simplistic view. I try to dig a bit deeper.