ᐅ Photovoltaic System: Costs and Savings Potential – Experiences?
Created on: 16 Jan 2020 10:50
H
Hans-Maulwurf
Hello everyone,
Since I have no prior experience, I would like to get some general information.
Our new building will be heated using an air-to-water heat pump.
What would generally and overall be the advantages, potential savings, and costs of installing a photovoltaic system on the roof? Is it worthwhile or not?
Since I have no prior experience, I would like to get some general information.
Our new building will be heated using an air-to-water heat pump.
What would generally and overall be the advantages, potential savings, and costs of installing a photovoltaic system on the roof? Is it worthwhile or not?
My system has already been fully installed and is operational, but unfortunately, my house connection is still missing... hopefully, that will be sorted out within the next 4 weeks.
I’m still calculating, but the feed-in tariff (KUR) would cost me about 400-500€ more in total over the first five years. However, I’m still considering whether I don’t just want to ignore that and go ahead with the feed-in tariff anyway.
The payback period is around the 11th year. I paid just under 1100€ net per kWp for a total of 9.4 kWp.
I’m still calculating, but the feed-in tariff (KUR) would cost me about 400-500€ more in total over the first five years. However, I’m still considering whether I don’t just want to ignore that and go ahead with the feed-in tariff anyway.
The payback period is around the 11th year. I paid just under 1100€ net per kWp for a total of 9.4 kWp.
So for me, it’s just starting now, as the first bill for the photovoltaic system arrived in January.
But as far as I know, it only takes about 5 minutes each month (except maybe the first time), and that’s just for the first 1 to 2 years, followed by an annual VAT return for the first 5 years.
In return, I reclaim €4,503 in VAT and pay an estimated €800 VAT on self-consumption over the first 5 years. So it’s definitely worth it (for me).
For smaller systems, the amount you save may be somewhat lower, but it should generally still be worthwhile.
Of course, you can also just give the money to the tax office if you prefer and want to avoid the effort.
Best regards, Specki
But as far as I know, it only takes about 5 minutes each month (except maybe the first time), and that’s just for the first 1 to 2 years, followed by an annual VAT return for the first 5 years.
In return, I reclaim €4,503 in VAT and pay an estimated €800 VAT on self-consumption over the first 5 years. So it’s definitely worth it (for me).
For smaller systems, the amount you save may be somewhat lower, but it should generally still be worthwhile.
Of course, you can also just give the money to the tax office if you prefer and want to avoid the effort.
Best regards, Specki
I believe we lost around €1000 (about $1100) after switching following 5 years of losses.
The effort for standard taxation is manageable, but the tax advisor wanted €300 per year (about $330), and we didn’t feel like dealing with it.
With the flat-rate scheme (KUR), you just include the billing from the grid operator and compare the income with expenses (depreciation, maintenance, servicing, etc.) in a simple Excel spreadsheet, which only takes a few minutes.
In the first year, you make a loss and even get a tax benefit. If the photovoltaic system is then recognized as a "hobby" by the tax office, you don’t have to pay anything anymore – I am still waiting for a response from the tax authorities on this, so we’ll see if it works out.
The effort for standard taxation is manageable, but the tax advisor wanted €300 per year (about $330), and we didn’t feel like dealing with it.
With the flat-rate scheme (KUR), you just include the billing from the grid operator and compare the income with expenses (depreciation, maintenance, servicing, etc.) in a simple Excel spreadsheet, which only takes a few minutes.
In the first year, you make a loss and even get a tax benefit. If the photovoltaic system is then recognized as a "hobby" by the tax office, you don’t have to pay anything anymore – I am still waiting for a response from the tax authorities on this, so we’ll see if it works out.
For large systems with a low personal contribution, the calculation looks a bit different, making the KUR less meaningful.
Try this next and input your own data.
=((0.2504+154.8/7500)*2800*5+10500*42%-10500)*19%
This results in an advantage of a little more than €400 compared to the KUR.
The calculation is from another forum that deals with photovoltaic systems. Ahem.
Try this next and input your own data.
=((0.2504+154.8/7500)*2800*5+10500*42%-10500)*19%
This results in an advantage of a little more than €400 compared to the KUR.
The calculation is from another forum that deals with photovoltaic systems. Ahem.
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