Tomatopia

[billybonfire3]

So the way I see it is:
Last year with octopus I used 4988 kWh and paid £827 so if nothing went up or down in next 10 years I'd pay £8,270

If doing Tomatopia over 10 years it would cost £120(cost)x12(months)x10(years)=£14,400
A difference of £6,130.

I can not afford to buy solar and battery in advance but the above means I will be paying £6,130 to own the equipment in 10 years time. (at least I have read in many places it becomes yours but yet to see that on their own website.)

So questions for me to ask
1) exactly what equipment will be used how many panels what inverter and what size battery.
2) do I own after 10 years?
3) if I move in year 9 do I just pay 1 years electric fees to pay it off. (ie. 12x£120)
4) if your company goes under do I then own the equipment at that point


So what maths have I done wrong and what have I missed

 

[Bam Bam]

So what maths have I done wrong and what have I missed

Not sure, but without looking into the numbers it sounds like a great scheme to accelerate batteries and solar doesn't it!

Makes you feel there must be a catch somewhere, my guess being that you aren't able to get the full benefits of electricity trading that you would get if you owned all your own equipment. But for people who aren't going to invest in their own equipment in that timeframe that would be irrelevant.

 

[billybonfire3]

I've had an update on this....

 

[Rolfe]

I've merged two Tomato threads, otherwise everything is just going to get duplicated. I hope it hasn't disrupted the discussion too much.

 

[Bam Bam]

I've merged two Tomato threads, otherwise everything is just going to get duplicated. I hope it hasn't disrupted the discussion too much.

Was one of the threads about Tomatopia, though?

That seems to be a separate solar scheme not like those switching for the EV tariff.

Maybe it wasn't - there were a few tomato threads around. Might be more out there to merge!

 

[Rolfe]

Oh, sorry, I thought it was the same thing. I'll try and reverse the merge.

If I haven't picked the right posts, somebody tell me. (I'll delete this exchange in a wee while.)