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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.

Asides from the fact that solar energy can be converted into electricity with the help of solar panels, there’s also another pretty cool way the sun’s power can be harnessed - solar thermal technologies. These technologies are able to convert sunlight into heat rather than power and these are in fact the very first solar energy products that were commercialized in the United Kingdom. Solar thermal panels, in a similar way to solar PVs, can help in minimizing your carbon footprint while also assisting you to save good money on your energy bills by providing the much needed coverage for your heating needs with the help of a renewable energy source that’s totally free.

Solar thermal panels provides some great benefits which is capable of making all homeowners in the UK consider installing one in their respective homes. Let’s take a closer look at these benefits.

✓ When compared to solar PV panels, they’re a more affordable heating option and also have a shorter payback period.

✓ Solar thermal panels are more efficient than PV panels due to the fact that the heat waves are able to hold more energy than sunlight and also because there’s no electricity transformation process.

✓ Solar thermal panels are able to operate in cold climates, strong wind as well as overcast weather, and make use of an energy storage system.

✓ They can help you save about 600kg of carbon dioxide emissions on an annual basis.

✓ Although most of the solar thermal panel systems come with a warranty usually within the range of 5 to 10 years, they’re able to last up to 25 years. What’s more? The require just a little maintenance, meaning the main cost you’d have to worry about is the cost of installation.

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.

How Do Solar Panels And Batteries Work Together?

With solar panel system rapidly becoming an ubiquitous phenomenon within the modern society, several homeowners in the UK are just coming to terms with the numerous benefits offered by the system. The solar power’s popularity has even led to the rise of another renewable technology - solar batteries able to store excess solar power that can be used later. Now several companies such as Tesla are now building solar batteries that can be fitted alongside solar panels for your building. So how exactly do solar panels and batteries work together? Let’s have a look!

Solar panels make use of the sun light to generate electricity and as a result, they can’t function when sunlight is absent - giving a big issue of how to power your house when it’s dark. In the event whereby this occurs, you’re afforded two options which is either to contact energy providers to buy electricity or purchase a battery storage system.

So what’s the function of the battery storage system? Basically when your solar panel provides electricity which is not needed right away, a solar battery will work to convert the DC electricity into AC energy which is going to be stored for later use (when you actually need it). in other words, your solar panels charge the batteries when you do not require the energy they’re generating right away.

As a result, when it’s dark and the solar panels are no longer functioning, your system will tap into the energy that’s already been stored by your battery for later use. This way, you can be totally independent of the National Grid, which implies more savings on your electricity bills.

The more you’re at home during the day, the more you can save on your electricity bill, since solar panels generate electricity during the day. The Feed-in Tariff scheme (FITs) ended in March 2019, but the new Smart Export Guarantee (SEG) pays you, via your energy supplier, for the electricity you export back to the grid. With the savings involved in generating your own electricity and SEG payments, you can expect to save up to £390 per year on your electricity bill.

Many domestic biomass boilers are no bigger than a standard gas boiler. However, they do require a flue, a feeder and a space to store the fuel. These can be designed to suit many different properties and will fit in lots of homes or a garage or outbuilding.