Solar power is this agood thing to lease

No experience I'm afraid. I'd always buy (maybe with a loan) as the returns are fantastic rather than lease. Bear in mind that the lease will affect the salability of your house as the contract for maintenance and monetary receipts would have to continue with the new buyer. This might be problematic for the family members you wish to inherit your estate.

I've heard it can affect the resale value as not everyone likes the look of them, and the return you get via leasing is minimal compared to buying your own.

if the energy bills keep going up i do think its a good bet

If you do the maths properly it is a poor "investment" for a person in retirement.You will be better off keeping your money and/or spending it on things that will improve your quality of life and give you enjoyment. nice holidays, new telly, trips out, meals, treating your friends / family, new car, hobby things,etc,etc. enjoy your life and dont spend thousands of pounds on some boxes on your roof and a bit of electrical stuff in the garage just to save a bit on your electric bills. IT IS ALL A BIG CON - buying a comlicated bit of hardware with an equally complicated financial arragnement (subject to governemnt changing it later !!!!) is never in a million years an "investment". Good luck with spending money on yourself and enjoying your retirement - have fun !

I totally and utterly disagree with your posting I hateavatars. We have done a wonderful deal recently and will get far more money back then if we had kept it in our bank books. I don't know where you have got your information from but you are, without doubt, wrong. It is a very easy piece of equipment to fit and can be sold with your property and the next householder can then benefit from cheaper electricity. Obviously you would add the price of your solar panels on to the sale of your house thus ensuring you don't lose any money. There is no financial arrangement either as you pay for it when you purchase it. I don't know what you are on about.

Why would you want to lease when there are companies out there who will fit them for free for you and you can benefit from using the free electricity they produce each day??
Agree with 'Sabre' that it is a brilliant system and the rewards are far greater than anything else you could invest your money in. We had a system fitted a while back so benefit from the original tariffs which are guaranteed for 25 years. It should pay off the initial investment in around 6 years so we can look forward to about 19 years of pure profit.
As for 'ihateavatars' comments about the only thing he had correct is that it may not be the best investment for someone who is already retired. As it takes a while to pay off the original investment the major part of the return comes towards the end of the 25 year period. Apart from that everything else he said was completely wrong. He obviously hasn't researched Solar Panels at all, as if he had he would realise that its worth far more than a "bit on your electric bills". What about the ?1500-?2000 a year you get from the generation and export tariffs?? I've already received my first cheques, it is most certainly NOT a con, and there is no "complicated financial arrangement". You buy the system, it takes less than a day to install it, and you sell the electricity they produce back to the grid. Methinks he is not as smart as he thinks he is!!

Oh thank goodness Bonz1957 someone who has some sense at last. I think many people have got the wrong idea. We have got a deal whereby all our money is returned in five year's time (and if we die during the five year's it will be sent to our Estate) during which we shall have made about ?1000/15000 a year from the generation and export tariffs. My hubby bless him is using his ISA money which has made virtually no interest at all over the last year and it's time we made it pay. So thank you for your smart answer I felt as if I was up against a brick wall. Some people, who don't know anything about the panels, give their opinion and know nowt as they say in Yorkshire.

Small correction I got carried away it's between ?1000/?1500 and not as previously displayed.