The Benefits of PV Panels
It’s little wonder that Governments all over the world have placed their faith in Solar power to create a sustainable future.
Power from PV panels is emission-free, renewable and easy and cheap to generate. In fact, it’s just about the perfect energy source. But even better for homeowners and families in the UK – it can make money and deliver huge returns on investment.
Thanks to the UK’s drive to cut carbon emissions and move away from using dwindling fossil fuels, long-term financial incentives have been put in place for those who invest in solar.
The Government must meet targets set out by the Kyoto Protocol and are willing to reward those who help deliver the environmental promises the nation has made to the world.
By aiding the country in its bid to reduce carbon emissions, you could make money for years to come and also significantly cut your energy bills.
Don’t just take the Government’s word for it that investing in PV panels is a wise decision. Take a look at the numbers for yourself and you’ll see exactly how you can cash in on PV Solar power.
Installing PV panels on your roof will cost between £6,000 and £8,000, for a typical 2kWp photovoltaic electricity system.
Taking into account the three ways to earn money from PV Feed-in Tariffs (FITs), this initial sum is likely to pay for itself within a decade of the installation of your photovoltaic Solar system.
Given that FITs payments are guaranteed for 25 years, there can be few investments which offer such risk-free, rewarding long-term stability.
With almost every sector facing economic uncertainty, even the shrewdest market investor would struggle to find an investment matching this level of security.
Read more about Feed in Tariffs.
2kWp PV panel system savings
- The Generation Tariff: will earn you around £365 per year.
- The Export Tariff: will earn you around £27 per year.
- Electricity Bills: will be around £121 lower at current prices.
These figures will likely increase over time as the Feed in Tariff rates are linked to inflation which typically goes up each year, leading to significant savings on energy bills. Larger systems will also produce much bigger returns.
Then there is the value a PV Solar system adds to your property. Panels are built to last beyond the 25 year FIT period, meaning the PV panels cost and reward should be factored into the value of your home when you come to sell it on in the future.
Other benefits include the fact that Solar panels are noise-free, need little maintenance and can be attached to almost any type of roof surface.
Obviously, Solar panels are not suitable for every household and our online Roof Checker will allow you to make sure you will be able to generate enough power from the sun.
If your house is suitable, the longer you wait to go solar, the more you could miss out on the many benefits of PV panels. So don’t hesitate and complete our online form today to get your quotes from our network of trusted Solar PV installers.






EnergyFITs is an