If you would like to reduce your energy bills and play your part in protecting the environment by cutting your carbon footprint, then solar panel installation is a cost-effective and efficient decision. Solar energy is gaining in popularity in the UK as a reliable and sustainable way to power homes, but it is crucial to understand the key factors that can affect the benefits and long-term savings.
For many homeowners, a key challenge to switching to solar energy is the upfront cost of the panels which can range from £5,000 to £10,000, depending on the size and quality of the system. Although, initially, this may seem expensive, solar panels are a smart long-term investment, the financial benefits of which will more than cover your installation costs. Thanks to the abundant availability of free sunlight, you can expect to receive significant savings on electricity bills over time and to claw back the initial costs in less than ten years.
With the Government also offering incentives, such as the Smart Export Guarantee (SEG) which allows homeowners to sell excess electricity back to the grid, you can offset your costs further. And, if you’re wondering ‘Will solar panels increase the value of my house?’, the good news is yes: homes fitted with solar panels tend to sell more quickly for higher prices.
Solar panels are designed to be durable and to require little in the way of maintenance. Most solar panel systems are supplied with warranties that guarantee at least 80 per cent efficiency for up to 20 years, meaning you can rely on them to produce energy for a substantial portion of their lifespan. Similarly, batteries for solar energy storage typically last between 10 and 12 years, maintaining around 80 per cent efficiency during that time. While routine cleaning and inspections can ensure optimum performance, overall maintenance requirements are minimal compared to other energy systems.
Before installing solar panels, it is important to check with your local authority’s planning department whether you require permission to erect them on the roof of your home. While, generally, solar panels can be installed without permission, special rules may apply in some localities, for example in conservation areas. Listed buildings will also be subject to regulations due to the potential impact on both the structural integrity and appearance of the property. In these instances, it is essential to obtain the necessary permissions to avoid contravening the law and ensure the installation meets local guidelines.
To optimise the savings of switching to solar, consider switching to an overnight electricity plan which allows you to charge your solar battery during off-peak hours when electricity is cheaper. This can be a great way to reduce your energy costs, especially in the winter months when days are short and sunlight is limited, during which time you may need to rely more on stored energy.
To find out more about how solar panels can reduce your energy expenditure, please get in touch with the experts at GreenFox Energy on 0330 175 9643 or send us a message.