Doom. FTSE down 3% and dropping

[Churchill]

Bandwagon.

Renewable energy and japanense construction companies where the only two sectors expected to go up yesterday.

It does beg a question around renewables.

I was in a shopping centre at the w/e and saw a bloke trying to get people to sign for solar panels. As it happens I'm interested, but only if I can work out the return.

Fella can't even answer the question about how much it costs. Really annoyed me. 'Give me an example of cost/return for an 'average house'.

'All houses are different','We must do a survey','You could be a show house and get a discount','The government pays 4.3p per xxxx?

I think there is a great opportunity in a renewables business. But if they cannot even give you an example of ROI then it's a waste.

I walked off.

I take it you didn't then.

A simple "No" would suffice if remaining silent is so difficult.

Thanks though.

[Jog On]

I'm short EUR/USD from 1.4000 targeting 1.3910 for a quicky 'scalp' today.

[MarillionFan]

Will solar panels pay for themselves? - MoneyWeek


To make it worthwhile, I believe the survey checks the following.

You have at least 10m2 of available roof space.
Your roof faces almost exactly due south.
The roof is angled ideally at 45 deg.
There are NO trees shading the roof at all.

Unless you can tick all those boxes, the payback time stretches to about infinity.

There is a massive consumer market for green energy. It's wained a little in the last few years due to the recession, but now with incident in Japan, coupled with a rethink on nuclear energy consumers are again going to be looking at reducing their energy bills.

The bit that OG is missing, is not that I wanted the information, I've already researched repayment times, and it's up to 20 years, it's worthless. I wanted the chap to convince me in the shopping centre. He didn't have a clue and told me thay didn't put up examples etc. Now that's probably because it's not a good return.

Regardless there is a massive opportunity. If the cost of the product & installation was low enough, and the return 5/6/7/10+% then consumers would be biting your hand off. This goes right across the board of product, not just solar panels.

Green/renewable needs to get into the consumer psyche as a want/need , and that want/need will be based around money, not some notion of saving the planet or having the council beat you into submission over your recycling bin.

[MarillionFan]

I take it you didn't then.

A simple "No" would suffice if remaining silent is so difficult.

Thanks though.

No. I have £30k in the market at the mo, which is slightly down and moving sideways at the moment.

Market is to volatile and impossible to predict as long as the japanese plant is not stabilised. If there is a major leak from the plant and they have to evacuate Tokyo then expect worldwide markets to drop another 10-20% within a week.

[Churchill]

No.... <other surplus irrelevant sh!te>

Nearly there.

[MarillionFan]

Nearly there.

Sorry. I find that most posters seem to have the ability to string words into sentences and sentences into paragraphs.

I know you find this concept difficult Churchill, but most posters seem to have moved on from the monosyllabic posting style you adopt.

To make you happier though.

Ug. No. Me no buy. Ug. Norks

[Churchill]

Sorry. I find that most posters seem to have the ability to string words into sentences and sentences into paragraphs.

I know you find this concept difficult Churchill, but most posters seem to have moved on from the monosyllabic posting style you adopt.

To make you happier though.

Ug. No. Me no buy. Ug. Norks

Who do you think you're impressing?

[MarillionFan]

Pictographs!

Evolution in progress.

[DimPrawn]

Churchill has been a grumpy git since he hooked up with that bird, what's her face.

[MarillionFan]

Churchill has been a grumpy git since he hooked up with that bird, what's her face.

SueEllen?