DIY How To

Installing Solar Panels: Is It Money Well Spent?

Solar panels are becoming increasingly popular as a way to use green energy and cut your energy bills. They are often recommended for people who want to reduce their carbon footprint and who don't want to worry so much about energy bills increasing in the future. But are they always the right option? Here are some of the main considerations about solar panels to help you decide whether they are right for you.

Things to consider

Energy Savings
Using solar panels from Brinkmann Quality Roofing will always lead to energy savings, but the amount that can be saved depends on many factors. Don't simply assume that all the figures you hear about how much you can save will apply to you, because these are often the maximum savings rather than the average. You may therefore find that the savings are not as high as you imagined. Of course, if energy bills go up in the future, you could find your savings increase.

Then there are the installation costs to consider, as well as the upkeep costs. You must factor in all of the expenses before working out how much you will save to make an informed decision.

The Feed-In Tariff Scheme
The Feed-in Tariff (FIT) scheme is a government scheme whereby you are paid for the energy you produce from your solar panels, even if you use it yourself. It was set up to encourage more people to install panels, and tax-free payments are guaranteed for 25 years. However, the payments have recently been reduced, and now they are about £600 a year on average. On top of the FIT, you may be able to earn more by selling extra electricity back to the grid.

Companies may offer solar panel installation for free, and they will then take the FIT money. This could work for you if you want to enjoy the benefits of generating electricity from the sun, but take into account that your only savings will be through the energy savings you make.

If you decide to pay for the installation yourself, remember that the FIT is linked to the property so if you leave it, you lose the money you would have earned.

Position of Your Property
If your house does not have a south-facing roof, you will not generate the optimum electricity. East or west facing is still usually okay, but north-facing roofs are not suitable. You may also have trees that create too much shade over the roof, and this can also impact the amount of electricity the panels generate.

Consider Other Ways to Cut Your Energy Bills
Solar panels could prove effective in cutting your energy bills, but there are other simpler ways to get started if you are not ready to install solar panels.

Start with the simplest of all, which involves choosing a suitable tariff. Compare tariffs using a tool like the one on npower's website, and you may find that by comparing tariff information labels you can find a more suitable one for your property and save money.

You could also save more energy around the home through taking simple steps, like using energy-saving lightbulbs, installing loft insulation or cavity-wall insulation, turning down your thermostat by one degree, stopping drafts passing under the doors, or installing double-glazing windows. You could also make more effort to turn off devices that you are not using, and change habits such as heating a full kettle to make a single cup of tea.

These can all have a large effect on your heating and electricity usage, helping you to cut down on your fuel bills significantly.

Decide Whether Solar Panels Are Right for You
Solar panels can certainly be useful if you want to enjoy green energy, reduce your carbon footprint and cut down on your energy bills. However, the cost of installing them, as well as other factors, means they are not always a suitable option. So consider all of the factors involved in installing solar panels and use these to decide whether it is the right option for you.

Disclaimer | Site Map | Privacy Policy | Contact Us | Advertising | © DIY How To