are solar panels still a worthwhile investment?

Are Solar Panels Still a Worthwhile Investment?

Financial OptionsA solar system can be purchased outright for anywhere in the region of £5,000-£11,000 depending on whether budget, mid or top of the range panels are installed.

Alternatively...

A funding scheme, with no upfront cost, is available with small manageable repayments

How Does the Funded Option Work?

Let’s breakdownhow the scheme

works in 7 steps...

A solar system is installed at no upfront cost funded by a private funding company

Step 1

Step 2You will be paid the Government’s Feed-in-Tariff quarterly for 20 years

Step 3You will also save up to 50% on your energy bills from day 1

These earnings and savings will go towards repaying the funding

Step 4

Step 5Leaving your contribution at around £25 a month

Step 6After 3-5 years the system should be paying for itself

Leaving you with a profit for the remainder of the 20 years

Step 7

So How Much Can You Actually Earn?Your total investment of around £1,500-£2,000 in total

Returns in the region of £17,000-£25,000

The sun’s radiation hits the cells and is converted to direct current (DC) energy.1

This DC energy travels to an electrical device called an inverter, which converts DC energy into alternating current (AC) energy.

2

The AC electricity produced is just like the power supplied by your utility company, and can go directly to power things like computers and lights.

3

Or the power produced can be exported back to the mains national electricity grid and get redistributed around the country.

4

How Do Solar Panels Work?

Find Out More

Check Your Eligibility For The Scheme