Solar panels to be installed at The Valley

tallboy said:

Henry Irving said:

tallboy said:

cafcnick1992 said:

How does this work with Duchatelet owning the ground? We're just increasing the value of his asset?

Working life of Solar panels and their other components like inverters is about 15 years and the existing lease with Duchatelet goes beyond that. The club will be responsible for getting them removed at the end of their working life span but probably that has been factored into the financial calculations. 

Existing lease with RD is 10 years

Well thats not good news then! The original point made by cafcnick1992 is then very valid i.e. we are danger of lining RD's pockets with this investment.

Its staing the bloody obvious but with such a short lease that "issue" is going to become increasingly more relevant ie why invest long term in The Valley and Sparrows Lane when the existing lease is so short?

I don't see the deal as lining RDs pockets.  If the lease expires and we leave then he isn't going to be fussed about a few solar panels.  They are probably more hassle than they are worth at that point.
You could argue it makes us more sticky to the ground so he can double down on rent demands at the time but he would do that anyway so again I think this will have minimal impact.

DessieValley said:

cafcnick1992 said:

How does this work with Duchatelet owning the ground? We're just increasing the value of his asset?

To use buying a house as an example, I've heard people having issues selling houses with solar panels as 1) not clear who owns the panels and charge against mortgage and 2) potential damage to roof re water pooling against the rafters. 

But probably not relevant to use house buying examples on this forum.......

1) is a problem if people have used some of the mode dodgy solar loans that were around in the early days but don't exist so much anymore. 

2) get better installers.

Henry Irving said:

woke nonsense blah blah blah, why are the club saving money on energy bills when they could buy a player instead, wibble wibble

Wind turbines instead of corner flags next 

jose said:

My understanding is that on days like today solar pannelists can sell excess electricity to the national grid.

Charlton have always been a selling club. 

tallboy said:

Henry Irving said:

tallboy said:

cafcnick1992 said:

How does this work with Duchatelet owning the ground? We're just increasing the value of his asset?

Working life of Solar panels and their other components like inverters is about 15 years and the existing lease with Duchatelet goes beyond that. The club will be responsible for getting them removed at the end of their working life span but probably that has been factored into the financial calculations. 

Existing lease with RD is 10 years

Well thats not good news then! The original point made by cafcnick1992 is then very valid i.e. we are danger of lining RD's pockets with this investment.

Its staing the bloody obvious but with such a short lease that "issue" is going to become increasingly more relevant ie why invest long term in The Valley and Sparrows Lane when the existing lease is so short?

Well perhaps it means that our owners are not expecting or planning to leave The Valley in 10 years.

cantersaddick said:

MrOneLung said:

well if it is anything like the quotes to have panels on our house, it will be about 7 years before they even recoup the original costs !!!

7 years is a pretty good payback time for an investment. After which all savings are just free money. 

Investment like this is a sign of at least medium term ambition.

I'm pretty sure payback for larger systems is a lot quicker too. Even more so if it is tied in with works going on with the floodlights as scaffolding and safety measures will be shared between the two projects.

TheFXguy said:

Beats a wind turbine, which was the other option

Would keep the pigeons away!

golfaddick said:

Just fix the internet /wifi connection  !!

Don't meant to  be the bearer if bad tidings, but solar panels can reduce the effectiveness of radio waves.😬

golfaddick said:

Just fix the internet /wifi connection  !!

and the lock on trap three in the AC stand bogs whilst they are at it …

This is a long term investment which bodes well for the intentions of the club re ground ownership in the future.
in terms of payback that depends on obviously the cost of install and the rate of SEG that the club are being offered (smart export guarantee) solar panels have a guarantee on 20 years in terms of performance so it isn’t a short term investment. The club might not be paying a penny for them as atm the energy companies and investors are looking for sites for large scale solar.

CAFCBourne said:

Hopefully they can fix the leak on the West Stand roof that casacades down the steps and ponds in the front row behind the press box whilst there up there.

Also the north stand upper.