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dougal
Joined: 15 Jan 2005 Posts: 7184 Location: South Kent
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Posted: Sat Oct 13, 07 11:15 am Post subject: WTF are the RICS up to? |
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The Royal Institute for Chartered Surveyors have "released a report" (seemingly to the press, but not to their website as of now) which has garnered a lot of sensational and simplistic press coverage.
Google News search
The headline is to the effect that "Solar heating will payback - in 208 years".
The only detail quoted in the press articles seems to be that they are estimating �5,000 cost and annual savings of just �24.
Frankly, the capital cost looks more than a bit high, and the returns pathetically low.
Even "loft insulation" is said to have a payback time of 13 years (spend �755 to save �60 a year) and double glazing 124 years (�9,327 to save �75 a year) - but cavity wall insulation looks great at 5 years (spend �728 and save �145 a year).
And spending �761 insulating your hot water tank would save �20/year... so that's a 38 year payback, then...
These figure seem a bit bonkers (generally way high cost) and a bit strange in their inconsistency - cavity wall insulation more cost-effective than roof insulation... ???
One of the websites carrying the press release
https://www.building.co.uk/story.asp?sectioncode=284&storycode=3097491&c=0
does actually link to an Excel spreadsheet (but not a report as such).
Link to download the Excel file
However, the notes on the spreadsheet show -
- its for a *terraced* house (so cavity wall work is only on 2 walls )
- and the �24/year return on solar hot water is for a *flat plate* collector system (rubbish efficiency, no one in their right mind, etc see my previous comments on this site). That's a low estimate even for the output of a flat plate. And �5k for a flat plate system is truly bonkers. Even for a much, much higher output evacuated tube collector system �5k is an awful lot. AND would surely (at that price) include a new treble insulated tank. (Yet the saving for doing the tank alone is more than the solar? And the tank is costed seperately?)
- the roof insulation �755 is for a top up with glass wool rom 100 to 250mm... dunno about the �60/year saving but �755 seems awful expensive for glass wool for a terraced house...
and that's just at a first glance.
It really looks as though they have tried to find "worst case" figures.
So *WHY* would the Surveyors choose to try and do a deliberate hatchet-job on domestic energy efficiency measures?
EDIT: link targets hidden
Last edited by dougal on Sat Oct 13, 07 6:32 pm; edited 1 time in total |
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Vanessa
Joined: 08 May 2006 Posts: 8324
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AnneandMike
Joined: 21 Jun 2006 Posts: 890 Location: Over the hill and soon to be far away
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Gervase
Joined: 17 Nov 2004 Posts: 8655
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Posted: Sat Oct 13, 07 6:05 pm Post subject: |
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It's complete boswellox - but that doesn't surprise me, coming from the RICS. Most building society surveyors proudly claim membership, and a more ignorant, purblind and dull-witted bunch you'd be hard-pushed to find.
The modern glycol-based systems are remarkably efficient, generating summer temperatures of up to 120 degrees (enough to melt soldered joints if you're unwise enough to use them!), and 20 degrees or so in winter. Routed through a coil in a pressurised tank, that will mean that your domestic fuel use for heating and hot water will be zero in summer and around 50 per cent of your current amount over the rest of the year.
Ask yourself - if they don't work as claimed, then why do most plumbers fit them to their own homes? My plumbing mate logs his fuel use, and says his system - which is the mutt's nuts - will pay for itself in five years. If you pay someone else to fit it, double that to 10 years, which still isn't bad.
The �5000 cost is about right for a modern flush-mounted system with a sealed, high pressure system with a new, unvented pressurised tan, as the parts costs run to around �2,000. |
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Jonnyboy
Joined: 29 Oct 2004 Posts: 23956 Location: under some rain.
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Mary-Jane
Joined: 13 Jan 2005 Posts: 18397 Location: The Fishing Strumpet is from Ceredigion in West Wales
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dougal
Joined: 15 Jan 2005 Posts: 7184 Location: South Kent
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MarkS
Joined: 01 Aug 2006 Posts: 2626
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sean Downsizer Moderator
Joined: 28 Oct 2004 Posts: 42219 Location: North Devon
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Armchair
Joined: 14 Jan 2007 Posts: 205 Location: Winchester
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