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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.

Solar thermal panels work by capturing heat directly from the sun and using it to heat water. This hot water is then passed through a coil to heat the water for your central heating system. Solar thermal systems are compatible with many existing conventional boilers with hot water tanks, and can be set up to feed in to your existing heating system.

How long your solar panels will last depends on their age and quality. Most modern solar panels have 20-30 year warranties, but this doesn’t mean that they’ll stop working at this point. Many will stay at a good efficiency level for up to 40 years, while others will start to decline earlier.

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.

In theory, you can fit solar panels yourself. In practice, it’s worth leaving it up to the professionals.

If you get DIY solar panels and install them on your roof yourself, you won’t be able to apply for the government-backed Smart Export Guarantee (SEG). The SEG pays you for every unit of electricity you generate and send back to the grid, so it’s a scheme well worth signing up for. However, you must have your solar panels installed by a Microgeneration Certification Scheme (MCS)-registered engineer or company, so you’ll miss out if you install the solar panels by yourself.

The other thing to consider about installing solar panels yourself is that you’re dealing with electricity. Electricity is extremely dangerous if handled incorrectly, so if you don’t have any qualifications in working with electricity you could be putting yourself and your family at risk. Connecting DIY solar panels yourself and doing it incorrectly could mean that you give yourself an electric shock or cause a fire. If your home is damaged due to a fire caused by solar panels you’ve installed yourself, it’s unlikely that your home insurance company would pay out.

Before having a go at installing your own solar panels, do some quick sums to see how much money it could really save you. A 3.5kW DIY solar panel kit will cost around £4,000-5,000. According to the Energy Saving Trust, a home in the South East of England where most occupants are out all day until 6pm would save around £100 a year on their electricity bills. That means that you wouldn’t break even until 40 years, but solar panels last around 25 years on average. However, if you have your solar panels installed by an MCS-registered installer and they cost £4,500, you could save £220 a year including your SEG payments. That brings the payback time to around 20 years.

So although the initial outlay is slightly less when you install solar panels yourself, it’s much better to have them installed by an MCS-registered engineer so you can take advantage of the SEG payments.

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.