Paphos Life

Termites Dream wrote: ↑Fri May 05, 2017 8:50 am Just out of interest. Solar panels have just under one oz of silver in each roof panel, (unless Devil says otherwise). Following the Forex and Liebor banking Frauds the EU took a look at the way goods and services are priced, The result is that as of Jan 2018 the price of Silver will be arrived at in a different fashion. The idea is that the price will reflect its true value based on supply and demand.

This may seem obvious but the price is created by about 6 banks who create futures contracts which they sell en mass to each other to keep the price low and control the market. The contracts are counted as if real silver. These contracts are known as "Paper Silver" and globally have a ratio of about 3000 to 3500 to 1 of real Silver. On the Comex in the US they trade the world production of Silver each day as an average and cannot possibly settle 95% of contracts with physical supply. The announcement to change came about 6 weeks ago and within days the UK price setters resigned their contracts to avoid probable prosecution under the new system.

The manipulation of Silver is still in full flow in the USA even though all the banks involved are under investigation. JP Morgan are said to have only had 2 days where their Silver desk did not make a profit in the last five years. The regulators who are normally ex bankers have no history of stopping this business.

The change in the EU could therefore push up prices, but to what?. In past years inflation adjusted highs could make Silver $160 to $200/oz but many in the Silver industry say about $100 oz 5 or 6 times current price. The dominance of the US market may also mean no change at all, even though it is not the largest trader. So will panels go up in price....well we will see.

Termites Dream wrote: ↑Fri May 05, 2017 9:51 am Max, my understanding is that there is about an oz in most panels. Across a large panel that is about a 10p piece only. A tiny amount.
http://www.learcapital.com/news-blog/4- ... for-silver

Termites Dream wrote: ↑Fri May 05, 2017 10:47 am Max....Do you have a link to support that and the size of panel. I am genuinely interested for my own ends.

Jim B wrote: ↑Fri May 05, 2017 3:31 pm We had a good day yesterday producing 28,774 kWh; the system has really helped cutting the bills and with the 40% price rise should save even more.

Jim

Jim B wrote: ↑Fri May 05, 2017 3:31 pm We had a good day yesterday producing 28,774 kWh; the system has really helped cutting the bills and with the 40% price rise should save even more.

Jim

Jimgward wrote: ↑Fri May 03, 2019 1:24 pm I produced 617kWh in March, 370kWh in 3 weeks in February and 532kWh in 3 weeks in April (I changed my Broadband provider and forgot to get the unit reconfigured to the new Wireless) About 35kWh in a day is the best I've had, so far, per day on a 5kW system.

If the weather hadn't been as poor this year, I would have been producing about 900kWh in April as I should in May onwards.

I am getting the performance I expected, from a GreenAir install. Should pay for itself, with price rises for electricity, in about 5 - 6 years.

trevnhil wrote: ↑Sat Mar 25, 2017 6:31 pm Nothing at all... It works on the basis of you getting credited with the units you produce. These are then taken into consideration when the Electric board read the meter.
If in the two month billing period you make 900 units, but consume 600, then a credit of 300 units is carried forward to the next bill and so on.
Hopefully you make enough credit unit in the Sunny months to use against the larger consumption of units in the Winter months..
The 'clock' is set to Zero after (in our case) the February reading...

trevnhil wrote: ↑Fri May 03, 2019 5:54 pm Ha ha, I too use the garden hose on the panels if they look very dusty..

trevnhil wrote: ↑Fri May 03, 2019 8:17 pm We had the meter reader at our house today.. He is about a week or more later than usual ..