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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.

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.

The lifetime of a solar panel depends on its quality and age. Generally, the older a solar panel gets, the less efficient it becomes. The majority of modern solar panels come with 20-30 year warranties, which means that they’ll stay at a good efficiency level for at least this long. Some panels can stay efficient for as long as 40 years, while others won’t last this long.

Solar PV panels work by converting sunlight into electricity. They’re made up of photovoltaic cells, which take in the sun’s rays and turn it into direct current (DC) electricity. The current is then channelled into an inverter, which converts it to alternating current (AC).

Once converted to AC, the electricity is ready to use. It’s fed through a meter and into your property’s consumer unit, and is automatically used to power appliances and heating systems. Your system will automatically switch between your solar electricity supply and the national grid, and export any solar electricity you don’t use to the national grid.

Solar energy is renewable, as the sunlight it uses won’t run out. This means that it’s a great way to generate electricity without damaging the planet. So, installing solar panels to generate solar energy can be a great move for businesses looking to reduce their carbon emissions.

If you’re thinking about installing a solar thermal system in your house, it’s always important to put into consideration numerous factors before you proceed. While some solar thermal systems are suitable for use at home, there are also some that are suitable for businesses or organizations which normally requires a big amount of hot water like hotels, restaurants, schools, hospitals and many more. You’ll also find some types available in the market that are suitable for communities to satisfy communal hot water demands.

It should, however, be noted that solar thermal systems do not have the capacity to produce all the hot water demand of a house. In the UK, an average household will need an annual water heating of between 3000kWh to 5000kWh. Whereas, a solar thermal system is only able to meet about 40 percent to 60 percent of this demand.

With that in mind, it’s also worth noting that during the summer months when the solar radiation is at its peak and hot water demand is relatively lower when compared to other seasons, a solar thermal system may be able to provide all of your household’s hot water needs. This implies that during this period you may not find the need to operate your boiler at all. However, during winter or colder months, when you have a higher hot water demands in contrary to a lower solar radiation, a solar thermal system will only be able to take care of about 20 percent of your household’s hot water needs. And that ultimately implies that during this period, you’ll need to rely more on a alternative or backup source of heat like gas, coal, electricity, oil or LPG.