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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.

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 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.

After making the very important business decision to go solar, you may also want to know just how long it’ll take to complete the installation process and start generating electricity. After all, generating electricity is the main reason you made the switch to solar system. In this post, we’re going to provide you with in depth details on how long it takes to install solar panels as well as the factors that may affect that time.

The entire process of solar panels installation and getting them approved isn’t an overnight process. You’ll have to wait for periods for each step of the process whereby one must be completed before moving to the next. The time required to complete each step can, however, vary largely depending on your location, the type of solar panels you opt for, the solar company you hire as well as the number of people that’ll be making the installation. Here are the steps to a solar system installation and the estimated time each are expected to take:

• Site assessment. Once you chosen your solar company, the first step would be to have a solar professional from the company to visit the site to examine the roof and other features so as to make sure that they’re able to support a solar system. From the initial contact to scheduling the site visit, this step can take up to 1 to 2 weeks
• Local permitting. This involves getting the right permits from your local authorities. This can take up to 3 to 6 or more weeks.
• Solar system design. This may take up to a week or two depending on whether or not you need design approval and also where the parts are coming from
• Installation. This step can take a week or two depending on the size af your solar panel and roof.
• Inspection. This step can take up to a week depending on where you reside and how quickly the inspector can visit.
• Utility connection. Depending on your utility company, this step can take up to 2 weeks.

There are a wide range of benefits you stand to derive by installing solar panels for your business operations. Not only can it help you save money,  but it can also go a long way to help reduce your business’ environmental footprint. Regardless of whether your company is big or small, it can still benefit immensely by making use of solar panels. If you’re considering the installation of solar panels in your business environment, then you probably want to know just how much it’ll cost to complete the project. In order to help you make the most informed purchase decision, we’ve created this post to give you a good insight into commercial solar panel pricing. Let’s take a look!

Generally, the cost of commercial solar panels is within the range of £16000 to £70000 for small to mid-sized companies. However, there are a number of factors that can influence the cost of commercial solar panels which includes the size of the roof, the amount of energy that’s generated as well as the number incorporated. There is a need to evaluate the cost of solar panels so as to determine whether or not they’re a feasible option for your business. In order to determine the amount of energy your company uses per month, simply take a closer look at your utility bill.  This should indicate just how much energy you use per month as well as how much the utility company charges per kW. In general, most small to medium sized companies will incorporate 30,000 to 50,000 kWh annually and you can expect the cost to differ based on your location and the size of your system. The rule of thumb with larger systems is to calculate using £1000 per kW, plus VAT as the yardstick.

Tesla’s top-of-the-range battery storage system is still one of the most expensive on the market. It has a huge 13.5kWh usable capacity and can even keep you up and running during a power cut. But how long does a Tesla Powerwall battery last? And does this mean it’s worth investing in one?

The Tesla Powerwall 2.0 comes with a 10-year warranty. But Tesla says that it should last way beyond this – at least 5 years longer. The standard warranty says that it should work at 70% capacity for the full 10 years – so if it loses more than 30% of its storage capacity within that time, it should still be covered.

While the Tesla Powerwall does last a long time, it has a large capacity that most average households won’t require, and it’s a costly option. After installation, the Powerwall 2.0 will set you back between £6,500 and £9,000, so ideally you want it to last past its 10-year warranty.

Before you splash out, consider the size of the solar panel system you want to install or you already have. Will it generate enough electricity to make it worth storing in the Powerwall? If not, are you expecting to upgrade your solar panels to a larger system in the future? If you are, then it might be worth investing in a Powerwall. It might also be better to wait until you come to upgrade your solar panels – the solar battery price trend is going the same way as solar panels, so they will probably continue to decrease in price as more people adopt the technology.