Find a Solar Panel Installer you can trust in Strathpeffer.

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.

One of the things that has been on the UK government’s agenda for some time now is to promote the use of renewable energy sources. In fact, the Renewable Energy Directive put out by the EU instructs all member countries to achieve a 20 percent renewable target before the year 2020. The UK’s commitment to this objective has been made quite glaring with a number of funding options that has been put in place to help business owners looking to solar panels on their properties. This commitment was also showcased by a reduction in the cost of solar panels, so new investors have little to worry about. Although there aren’t any grants in the conventional sense, but there are opportunities for solar panel funding in the UK. At present, the only scheme open to new applications is the SEG - Smart Export Guarantee which came into effect on 1st January, 2020.

In general, there are four notable incentives in the UK for solar panels which includes the aforementioned Smart Export Guarantee, Reduced VAT on Energy Saving Products, Feed-in Tariff ( no longer open to new applications ), as well as the Renewable Heat Incentive ( RHI - applies only to solar water heating ).

Being the only one still open to new applications, we’ll provide you with some insights on SEG. The Smart Export Guarantee allows small scale low-carbon electricity generators to receive payments for surplus energy they’re able to export back to the grid. Although, this is not a direct government scheme, all licensed suppliers are necessitated to offer an export tariff to their customers. Those suppliers with more than 150,000 customers are obligated to offer a tariff, while the suppliers with fewer customers can partake on a voluntary basis.

Solar panels can be pretty expensive, so require an initial investment. However, a quality solar panel installation can be very financially beneficial, saving you money in the long run. It does this in two main ways.

Firstly, using electricity generated by your solar panels means that you have to use less power from the national grid. Once you’ve bought your solar panels, your solar electricity is essentially free, meaning that you’re saving money by using this instead of power supplied by your energy company. If you want to maximise these savings, invest in a solar battery so you can store unused solar electricity ready for when you need it.

You can also earn money with your commercial solar panels through the Smart Export Guarantee [https://solar-panels.quotatis.co.uk/smart-export-guarantee/]. This is a government scheme that says that all licenced energy suppliers with 150,000 customers or more have to offer a tariff to renewable energy generators. When you generate solar electricity but don’t use it immediately it gets fed back to the grid – the tariff pays you for every kWh of this.

At the moment there’s no minimum tariff that an energy company has to offer – it only has to be above zero. However, many energy companies are competing to offer the best deal, so you can definitely find a tariff that will pay you for all the unused solar electricity you generate.

How Long Do Solar Panels Last?

As an alternative form of energy, solar panels are becoming increasingly popular all thanks to a wide range of benefits it provides. It does not produce any emission which makes it greener and more environmentally friendly, it requires little maintenance and are less likely to break down, they also come with warranty that are always quite long mainly because of the life expectancy of the average solar panel amongst many other advantages. Therefore, if you’re considering to purchase and install new solar panels within your home, you’d also probably want to know the time period in which they’re expected to last. In this article, we aim to help you answer this question so you can make an informed decision going ahead.

As a result of the rising energy bills as well as the desire to be greener, solar panels are becoming increasingly popular by the day in the UK. The most recent models of solar panels in the market possesses an expected lifespan of 40 to 50 years as well as warranties that keeps them protected for a minimum of half of that period. These warranties also serves as a guarantee to the solar panel’s level of performance over the first half of their lifespan. Several warranties will guarantee that the performance will not go below 80 percent before the warranty lapses. And even more importantly, some solar panels are crafted in such a way that they wouldn’t drop below 80 percent performance level throughout their lives.

However, in order to derive maximum benefits from your solar panels for a long period, there’s a need to ensure they’re properly maintained at least once a year throughout their lifespan.

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.

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.

It’s vital to purchase a solar panel system that suits your property. If you’re investing in a solar panel system, it makes the most financial sense to get the biggest one possible. However, whether you can do this or not depends on budget and space.

Here’s an idea of how much roof or ground space you’ll need to install a few different sizes of commercial solar panel system.

Solar panel system size, No. of solar panels, Approximate area required

11kW, 44, 64m²

20kW, 80, 116m²

30kW, 120, 173m²

40kW, 160, 231m²

50kW, 200, 288m²