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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.

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.

Unlike in houses built in the 1970s where a good majority of the houses will not need to be rewired, for houses built in the 1960s you’d probably need to rewire the entire house unless the wiring is the modern PVCu coated type. Generally, the homes built especially in the 1960s and 1970s brought about enormous changes. This is because over the years our way of living began to change and as a result, our need for electricity became even greater. In response to this, the electrical systems we incorporate needed to change in order to match the new set standards.

In the 1960s, the amperage normally used was increased to 100, which enables home and property owners to power their dishwasher, microwave as well as refrigerator all on one circuit. However, while this may be a remarkable improvement for our grand parents, this is just enough to cater for our modern day appliances. In recent times, new homes are constructed using a wide range of dedicated circuits due to the fact that each of our appliances makes use of much more electricity to function. Consequently because the 100 amp panels of the 1960s possessed restricted space for breakers, home and property owners who still had the units in their homes will inevitably require a sub panel or a new panel entirely - meaning a total rewiring of their property.

Furthermore in the 1960s, builders turned to aluminium from the previously used copper as it was a great conductor and also happens to be relatively cheap. However, after a couple of years a host of electrical fires cropped up in houses that are wired using aluminium. It was later discovered that when the switch to aluminium was made, the light switches or receptacles which were originally made for the previously used copper was overlooked. It was learned that there’s a corrosive chemical reaction that arises as a result of the two dissimilar metals when connected. Hence, the more reason why aluminium wired houses in the 1960s needs to be rewired.

Periodic testing and inspections should be completed: Every 10 years for your home, Every five years for rented accommodation, Every three years for a caravan, Every year for a swimming pool.Electrical inspections are also carried out when buying, selling or renting a property.

Like every other systems in your home, solar hot water systems will require periodic inspections as well as a regular maintenance in order to keep it running as efficiently as it should. Not only that, the various components will also require either repair or replacement from time to time. It’ll also be proactive to take the necessary precautions so as to prevent worrying issues like corrosion, scaling or freezing.

Is it a task you can handle on your own? Well, there are some inspections and maintenance activities you should be able to handle on your own, however, you’ll also require a qualified technician to carry out the more technical or complicated tasks. You should also take note that it may actually be more cost effective to have some systems replaced, shut off or removed completely than having it repaired. Here are some of the essential inspections that should be carried out on solar system components. They include:

✓ Collector soiling. Periodic cleaning of your collectors is important especially in dry and dusty climates.

✓ Plumbing, ductwork and wire connections. Check the pipe connections for fluid leaks. Examine duct connections and seals. Also make sure that all wire connections are tight.

✓ Roof penetrations. Flashing and sealant around the roof penetration should be checked to see that it’s in a good shape.

✓ Collector shading. Check for shading of the collectors on annual basis as this may greatly affect their performance.

✓ Support structures. Examine all bolts and nuts which connects the support structures to the collectors for tightness.

✓ Heat transfer fluids. Anti freeze solutions in liquid solar heating collectors will have to be replaced periodically. And this right here is a task that’s best handled by a licensed technician.

Rewriting a residence adds so much greater than financial value. It includes comfort, safety, resale value when you concern sell it. If you have 2 homes in the very same road both of very same dimension, comparable spec as well as style yet one has electrical wiring from 1970/1980's and also the various other one has been rewired in the last 5years it will be picked up on study the potential customers and also their solicitors will undoubtedly try to obtain a ₤ 5-10k reduction in cost due to the fact it will require rewriting. So although no financial gain will certainly be seen quickly when it comes to sell it will be self noticeable plus your home will be extra attracting clients.

Rewiring a residence will add worth when you come to sell because when a land surveyor involves check your home and sees that he is most likely to state this to there customer which subsequently after that makes the house better. Most individuals when buying a residence would like to know has it been re-wired lately as well as this results from the high price included and also the upheaval that is really felt when a house has to be re-wired. But in general I would say that rewiring a home if it requires it is most definitely a worthwhile task obtaining done.

The OLEV Grant, also known as Electric Vehicle Homecharge Scheme (EVHS) can reduce the cost of your home charger by up to £350. If you're eligible, you'll be able to claim it when you buy an EV charger.