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How long do solar panels take to pay for themselves - UK 2020?

Admin
2020-07-07

With the world increasingly moving to electric solutions like electric & hybrid cars, solar panels are an option that many homeowners haven’t yet explored. Why is this? Some say the assumptions of high installation costs & the ‘slower’ return on investment hold homeowners back from even enquiring. But don’t let assumptions stop you from finding out the facts for yourself. We hope that this article helps shed light on not only the costs but the benefits of solar panels.

 

So, how long do solar panels take to pay for themselves in the UK?

A common misconception is that solar panels need bright sunlight like you’d see in Mediterranean countries for example. Rest assured that you don’t need tropical rays to help your home pay for its electricity. According to UK Power energy distributors, the estimate of electricity consumption is around 8kWh to 10 kWh per day for an average-sized home. A standard sized solar panel can produce anywhere between 3.5kw & 5kw per day. This will somewhat depend on location & levels of light. If you can look to reduce your electrical output by being more conscious as a household of higher running costs from older white goods such as tumble dryers and washing machines, you could soon be creating as much energy through your solar panels as you need to run your home. It will also depend on how many panels you install. If you have a south-facing roof you can capitalise nicely on the very long and bright UK summer days. In summary, it will be a few years but if you can be tactical you can reduce the time.

 

How many solar panels are needed to run a house?

As mentioned above, it’s worth reviewing your current electricity usage first to know what you’d like to aim to achieve through solar panels. With many smart meters you can simply log into your account through an application on your phone to access this data. You should be able to get a monthly and/or daily figure to then work out your current electrical expenditure. Once you’ve done that, it’s worth getting a quote for solar panels and asking about the average solar energy they create per panel. You may want to ask for the types of solar panels available. Photovoltaic solar panels, also known as PV solar panels, are very commonly used in both residential and commercial properties across the country. 

 

What are the 3 main advantages of solar energy?

  1. Solar power is a renewable energy meaning it’s replaced organically and at no expense to the environment because of its natural origin.
  2. You won’t hear a peep from the solar panels because they don’t make noise or need much maintenance at all.
  3. With the ever-increasing costs of electricity & gas, it’s a financially smart move to consider solar panels as a long term way of saving money.

 

Are there any disadvantages?

The initial costs aren’t something to be concerned about, getting quotes will give you ball park figures and you can then decide if your budget allows for them.

Solar panels are a long term investment. As much as it’s good to have for a house sale, the return is more likely to be seen in your reduced bills rather than a huge increase in the value of your home.

 

Compare quotes easily & save money on solar panels

We know that looking for local solar panel installers isn’t a quick or easy process. We have a network of trusted local businesses and we will only refer your details to those that we think are best for the job. We essentially take the leg work out of it and you just have to review the costs given to you & choose your preferred local installer. Save time with our simple hassle-free quoting process by entering your details for a solar panel quote here. However, if you’d prefer to speak to a member of our friendly team over the phone instead, please give us a call on 0800 084 5076.

 

Related posts:

Which Solar Panels are Best for Your Home?

Invest In Solar Power

 

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