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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.

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.

Solar panels are a great source of energy with numerous benefits that comes with it. However, the main thing that puts off most homeowners or potential buyers is the fact that the equipment are usually very expensive. So if you’re planning to purchase solar panels to be installed in your home, then you’d probably want to know if it’s actually worth the investment or otherwise. In this article, we aim to give you a good insight into how solar panels works and if its a viable investment.

Generally, the length of time it will take for your solar panels to payback and whether you’ll be able to make money from them will be based on the following factors:

✓ The solar panel PV system’s cost.

✓ The amount of the generated electricity that you’re able to use.

✓ Whether as well as the amount you’re paid to the electricity you’re able to generate and export.

To know whether your solar panels are truly worth it, then a higher initial cost to fit the system will require to be settled with the amount you’re able to save through the use of the renewable electricity it produces, rather than making purchases from your electricity company. In other words, the more renewable energy you’re able to use, the more savings you make. If you’re registered for the FIT and paid per kWh of electricity produced, for 50 percent of that, which is assumed to be exported to the grid. Therefore, if you’re able to use more than 50 percent, you’ll be able to benefit from the investment.

Solar cells , also referred to as photovoltaic cells (PV), absorbs energy from the sun and converts it to generate electricity. This, however, should not be confused with photovoltaic thermal cells or PVT which operates to generate heat for water in homes. Solar cells are linked electrically and also carefully organized into a large frame which is popularly called solar panels. Generally, solar cells are produced or made of silicon semi conductors which works to absorb sunlight and then turn it into electricity for use at a home. A solar panel comprises of either 60 or 72 solar cells which are electrically interconnected in series and parallel and also positioned in between glass and plastic which is then framed.

At present, solar panels incorporated for residential or domestic purposes only possesses the capacity to make use of only about 20 percent of the sunlight they’re able to absorb and convert it to electricity - also called solar efficiency. Available in the market are also a wide range of solar cell available for both industrial and commercial purposes. This type of solar panels have an efficiency rating of about 40 percent which will also automatically make them more costly than the domestic types.

One great thing about the solar industry is the fact that it keeps improving in such a way that raises both its efficiency as well as overall quality. And with further research and development, this is expected to even increase as the years go by. What’s more? As these aspects keep rising, it’s also expected that the solar panels price should be on a decrease. That way, they’ll become available to a wider range of individuals who’ll also like to save money on electricity bills and go greener.

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 planning to install an air source heat pump in your home or property, one of the first questions you’d probably want to ask is, how long does it last? In this post, we aim to provide an answer to this question and more. Let’s take a look!

Generally, heat pumps are considered to be very durable and long lasting. In the previous years, their average life expectancy was at 15 years, however with the advancement in modern technology, the newest units are able to last for about 20 to 25 years before they become due for replacement. The longevity and durability of air source heat pumps is as a result of their design as you won’t find many things that can go wrong and even more so with their latest models. As you would have expected, their lifespan normally varies with the manufacturer as well as model. However, while having them regularly maintained can help to extend their life expectancy and efficiency, they’re not considered to be a necessity.

When compared to other types of heating sources, heat pump comes out on top when it comes to longevity. The significance of this is immense due to the fact that the nature of the RHI scheme is to recoup sufficient funds so that after 7 years, the system will ultimately have costed nothing beyond that of a new boiler depending on the performance. Other heating sources such as oil, gas and electric boilers will only have to work for about 10 to 12 years before their parts will need to be replaced and times the manufacturer may have well stopped producing such parts.

How Much To Install Solar Panels And Battery?

Are you thinking about installing solar panels and battery in your home and wondering how much the installation is going to cost? Well, you’re not alone. This is one of the most commonly asked questions in the solar world, but unfortunately a precise answer can not be provided. This is mainly due to the fact that solar panel systems come in varying sizes which is the main influencing factor that determines how much electricity that can be generated. In other words, the larger the system, the more the electricity that’ll be produced to your home’s benefit.

Generally, for a solar system size of 1kW, the average cost of the solar panel ranges between £1800 to £1850, 2kW is between £3600 to £3700, solar panel size of 3kW ranges between £5500 to £5600 and finally, 4kW is between £6000 to £6050. For example, with the aforementioned prices in mind, the cost of solar panels for a standard 3 bedroom house will range between £5520 to £6040 as the high electricity demands will need the installation of 3 to 4kW solar system size.

Meanwhile the installation cost of solar batteries is also dependent on a number of influencing factors like the size as well as the make of the battery. Generally, you can expect to spend within the range of £500 to £2000 to install your batteries depending on aforementioned factors. In the event whereby you’ll be retrofitting, you might also need to include an additional cost of £1000 for an inverter. However, it’s important to note that there are only quite a few hybrid systems which are able to combine a battery storage with an inverter.

Solar panels provide an alternative to paying expensive National Grid energy rates, so primarily their first major benefit is helping to reduce bills. Solar PV panels will produce free electricity, whilst solar thermal panels generate heat for hot water and space heating. There are also payment incentives known as the Feed-in Tariff scheme (FITs) (for solar PV) and the Renewable Heat Incentive (for solar thermal) which guarantee a tax-free income for 20 years.