Working and financially viable are 2 different things. Obviously they work, would be rather odd if they didn't.
I had a really close look into them quite recently. To my mind the outlay of £12k is not justified with savings I calculated. People forget that the £12k left alone even in current situation will return at least 3%. (my investments have even in last year returned 4.8%)...So selling £12kinvestments earning £500 a year(roughly) is certainly not worthwhile to save £100 (ish, not guaranteed) a month. Wasnt viable for me... Stuff would need replacing before real savings made.
The investment in wind farms looks far more attractive for UK,but I, m sat in sun in Cyprus at moment. I, ll have a look when home.
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Danidl. I had a quick look at your at your quoted figures, by my shaky calculations you are saving 19p per hour whilst generating 700w. My 12k is making 6p per hour, 24 hours a day, hail, rain or hopefully shine.???? And its there if I need it to buy a Porsche or tooth implants.??