Solar Hot Water (Solar Thermal Panels) in Borehamwood

Are you thinking about installing a solar thermal system in your home? If yes, the you’d most likely be wondering the exact amount the system is going to cost. Well, you’re not alone. This is one of the most common question when it comes to solar thermal systems and we aim to answer that in this article. So let’s get started!

Unfortunately, the cost of a solar thermal system can’t be given in a single, accurate answer as they vary widely. However, when getting a new solar thermal system, you can expect to pay a sum within the range of £3000 to £6000 ( this includes a lowered VAT rate of 5 percent). The figures provided takes into account the installation costs as well as all the parts ( such as control panel, solar collectors, hot water tank and pipes).

To determine the price of your system, the quality and type of the panels matter. For instance, according to the Solar Trade Association, a properly insulated twin coil cylinder system would be priced at around £4500. in the same tone, it’s also possible to get DIY solar thermal kits that includes all the required hardware which will cost within the range of £1500 to £250. This however, may not be eligible for government support. In order to benefit from the RHI, your system must be fitted by a MCS accredited installer.

The varying prices of the solar thermal system’s initial cost is based on the specification of each individual house. For example, in situations where the building is having complicated water system, the plumbing cost is expected to increase which will have a serious impact on the overall cost of the solar thermal power system.

Are you thinking of installing solar thermal systems in your home or property and wondering exactly how it works to generate electricity? Regardless of your motive, in this article you’ll learn in simple details how solar thermal is how solar thermal doesn't provide electricity for your home.

If you are looking to generate electricity for your home then Solar PV are able to generate electricity simply by absorbing and focusing sunlight in such a way to create a temperature level that’s high enough to generate the much needed electricity. There are two main components that comes with the solar energy collectors of each. These two components include, the reflectors ( mirrors), which works to absorb and concentrate the sunlight onto a receiver. In several types of the solar thermal power systems, a heat transfer fluid is then heated and distributed in the receiver so as to generate steam. Once the steam as been produced, it’s then transported to the turbine where it’s turned into a mechanical energy, which in turn powers the generator to produce electricity.

Solar thermal power or electric systems are usually embedded with a tracking system which keeps the sunlight concentrated on the receiver all day long as the sun changes position in the sky. They also come with a wide array of collectors which works of distribute the heat absorbed to a turbine as well as the generator. A lot of solar thermal power facilities will gave two or more plants with different arrays and generators.

Solar thermal power systems can also have a thermal energy storage system component whose work is to permit the solar collector system to heat an energy storage system during the day while energy storage system’s generated heat is incorporated in the production of electricity at night or during a cloudy weather when there’s not much sunlight.

Obviously the performance of a solar thermal system will vary depending on the location of the home, the insulation of the property, and your own hot water requirements. Solar thermal panels are capable of providing all of your hot water requirements from April to September. They will still make a contribution to your hot water needs for the rest of the year, but in general you will need a backup system to further heat the water in the colder months.

If you’re looking to install a solar thermal system in your home, this is usually one of the first concerns several homeowners have. Being fully aware that solar water heating systems are usually more expensive than their counterparts - the conventional water heating systems, the question arises whether or not you’ll be able to save some money from your solar water heating system in the long run. In this article, we aim provide an answer to this important question. Let’s take a closer look!

When it comes to solar thermal systems, the money you’ll be able to save in the long run depends on a wide range of factors. These factor includes:

✓ Your system’s performance.

✓ Your geographical location and solar resource

✓ Your household’s hot water demand

✓ Financing and incentive options that are available.

✓ The cost of fuel that’s being used for your alternative or backup water heating system, if you own one.

✓ The cost of conventional fuels such as oil, electricity or natural gas.

There are several benefits, however, that comes with the installation of a solar water heating system. Since the sun is absolutely free, future fuel shortages and price hikes will have little impact on you. Also, on the average if you decide to fit a solar thermal system your water heating bills is expected to drop about 50 percent to 80 percent. What’s more? The economics are even a lot more attractive when you’re just about to build a new home or refinancing. When you include the price of a solar water system in a 30 year mortgage, it’ll normally amount to very low price per month. Therefore, on a monthly basis you’ll be saving more and paying less.