Are Solar Panels A Good Investment 2017 Uk

This is because you can get paid for the electricity that your solar photovoltaic pv panels produce.

Are solar panels a good investment 2017 uk.

Solar panels are often marketed as a way for you to make money as well as to save on your electricity bills and reduce your carbon footprint. With over 40000 premature deaths in the uk attributable to particulate pollution and 12 schools in my local main town of plymouth breaching the european air quality limits what could i be doing to reduce my. You re paid for the electricity generated by those solar panels during a period of 20 years. The research was carried out by which.

The solar feed in tariff is a government tariff that rewards you for installing solar panels in your home. Solar panels tend to be very expensive but are they actually worth the investment. We can help you work out whether solar panels are a good investment for your money. Currently there are around 1 5 million homes in the uk with pv systems which puts britain fourth in the european solar panel league ahead of sunny spain.

Numbers updated 22 november 2017. The first thing you will need to consider is which direction your roof faces. There were two arms to my dilemma one environmental and the other financial. Solar is still a great investment with returns of 12 5 which beats most savings rates.

If you have a south facing roof you will get maximum savings if your roof is not south facing your solar panels may not be as effective. The age of the solar panels whether they are owned by a company or the homeowner also made a difference. The return is even higher on new builds. So a good investment.

Unfortunately there aren t any free solar panels either. Are solar panels a good investment in the uk. In early 2017 i was wrestling with the question.