With energy prices on the rise, more Brits are looking to solar power as a way to reduce their electricity bills. Installing solar panels on your home can cut your energy costs dramatically, and can even earn you some extra money if you generate enough electricity to feed back to the grid. However, it’s important to do your research first. Here are five key things to consider before getting solar panels installed:
1. How much sunlight does your home get?
The amount of sunlight your roof gets will determine how effective solar panels will be. South-facing roofs without shade from trees or other buildings will get the most sunlight. East and west-facing roofs can work too but will produce less energy. If your roof gets at least 4 hours of unshaded sunlight per day, solar can be a good option. Use a solar calculator to estimate the sunlight available based on your address.
2. What are the upfront costs?
The initial cost of purchasing and installing solar panels can range from £5,000 to £10,000 depending on the size of the system. Many homeowners take out a solar loan to finance the upfront cost. The good news is that once the system is installed, solar energy is free. The panels typically have a lifespan of 20-25 years.
3. Will solar panels work with your roof?
First, determine what type of roof you have – slate, tile, flat, etc. Most solar panel installers work with all roof types but some do specialise in certain kinds. Make sure to ask potential solar panel installers about your specific roof type. The roof must also be in good condition and not require repairs. South-facing roofs are ideal but solar can be installed on any roof angle.
4. What are the incentives and tax credits?
The UK government offers some financial incentives for going solar. This includes the Smart Export Guarantee which pays you for excess solar electricity exported back to the grid. The SEG rate varies by supplier. Additionally, homeowners do not have to pay VAT on solar panel purchases and installations. Research current government incentives when deciding on solar panel installation.
5. Should you buy or lease solar panels?
Purchasing your solar panel system means you own it outright. This gives you full control and the panels add value to your home. Leasing panels from a solar company means little or no upfront cost, but monthly payments. You won’t own the system or get incentives like SEG payments. Talk to reputable solar panel installers about the pros and cons of buying vs leasing.
Going solar is a big commitment but can pay off for decades through lower energy bills and a smaller carbon footprint. Do your homework to decide if solar power is right for your home and family. Reach out to trusted solar panel installers for quotes and advice. With the right solar system, you’ll be harnessing the sun’s energy to power your home in no time.
