if I can add my 10p worth...
PV, in its "normal" form is a waste. I fully agree with that. However, there is a much better way to use it.
Having it generate all your electricity while you are not home to use it is pointless. If you store said electricity...
My current system, 1.2KW, recharges batteries by day and my house uses them by night. With the current weather I can recharge my 270AH battery in the morning / early afternoon (charger consuming about 400W, all supplied by the PV array)
Currently only the lights run off the battery and a 500W sine-wave inverter. When I get the 2KW one back I'll be extending it.
All of this is also using a grid-tie invertor so I am getting the FIT, supplying power for the fridge etc and still have excess.
Only a clear, sunny day I get a peak of 1.2KW from the array, on a dull rainy day I get about 400-600W. I am expecting to run slightly short in winter but still managing to supply most of my energy from the PV / battery setup.
I did not pay the [exorbitant] rates the MCS installers charge (sorry fellas - daylight f'ing robbery) but rather the slightly overprices MCS approved panels and gear and paid for it to be commissioned. Happy days. Savings on getting it done - about 5k.
With my current monthly bill at £220, if this reduces that (and it already is) then it should take me about 2.5 years to recoup based on savings alone. With the FIT, even less (in 8 weeks I am due a cheque for £86 for FIT).
(I know there are other running costs involved but for the sake of simplicity...)
PVs biggest downfall is you're not at home to use it when it is being generated. Basically a waste...