Solar Panels for your Home
Domestic solar panels provide homeowners with an exciting array of opportunities and advantages. Governmental initiatives, economic trends and the nature of the UK property market all work in favour of those who choose to invest in domestic solar panels and give rise to the following benefits:
Reduced Energy Bills
One of the most obvious upsides to the installation of domestic solar panels is the savings on energy bills as a consequence of using power from home solar panels as opposed to electricity drawn from the grid. Dependent upon the size of the solar panel installation, orientation of the roof and level of sunlight, a home solar panel system is capable of providing at least 50% of the electricity a household uses in a year.
Guaranteed Income for 20 Years +
In order to increase the percentage of power generated by renewable means in the UK, the government introduced the feed-in tariff system or ‘FiT’. The FiT rate is fixed for 20 years from the date of your solar panel installation and pays you for all of the electricity that you produce from your system.
In addition, for all domestic installations under 30kWp it is assumed that you will feed 50% of your generated energy back into the national grid. As such, the export tariff is paid whether you actually feed energy back into the grid or not. This means that all customers who have systems under 30kWp installed at their home receive the feed in tariff plus half the export tariff.
Investing in solar panels for your home will result in a tax free income at a rate guaranteed for 20 years – making it a lower risk, higher yield investment than virtually anything else available today.
Carbon Footprint Reduction
By opting for a domestic solar panel system you are lowering your reliance upon electricity produced by the combustion of fossil fuels. As the electricity produced by solar panels results in the release of no emissions of any sort; deriving power from a home Solar PV system dramatically reduces your carbon footprint.
If you would like to find out more about any aspect of Domestic solar panels then please don’t hesitate to get in touch with our experienced and friendly team.