Are you fed up with the large energy suppliers increasing gas and electricity prices and seeing more of your hard earned money falling into their pockets? With British Gas, SSE and Npower just three of the companies raising prices, it’s probably time to consider generating your own power and with solar panels you have an excellent opportunity.
But in a time when saving money is becoming more and more important, how about cheap solar panels to give you the savings you need. Well, after reports from the NY Times it seems that you should invest in cheap solar panels at your peril. In fact, a number of incidents have put the industry in risk because of the cheaper options available.
Recently a large solar panel system in Los Angeles failed, with the protective coating disintegrating just two years into a 25-year life expectancy. On top of this two fires were caused, putting the system offline for 24 months, costing thousands of dollars in missed revenue.
The beauty of solar panels is that they work to save you a small fortune. This is heavily compromised if you opt for cheap, low budget solar panels because the risks are huge. This report by the NY Times shows how crucial it is to invest in a quality solar panel system, rather than save a little by opting to go for cheaper panels.
The Los Angeles incident isn’t an exception either and Dave Williams, Chief Executive of solar developer Dissigno, has seen a number of failures related to cheap solar panels.
He told the NY Times: “I don’t want to be alarmist, but I think quality poses a long-term threat. The quality across the board is harder to put your finger on now as materials in modules are changing every day and manufacturers are reluctant to share that information.”
If you’re now sitting there worried about purchasing solar panels, don’t be. Because following our advice and not going cheap will see you make a monumental saving.
In the UK there is an accredited scheme to support the investment of solar known as MCS. Installers registered with the scheme must use tried and tested materials, with many products having lengthy guarantees too.
What you need to remember though is that some companies will still offer cheaper solar panels, which don’t have budget products. There is an opportunity to pick up a very good deal.
If you want to start saving money and produce your own energy, then solar panels are for you. Make sure to compare prices from up to four companies who are MCS registered to get the most bang for your buck.
Facts & Figures You’ll Love To Share
- [tweetable alt=””]Solar panels are now priced at a record low, providing an excellent return on investment for every buyer.[/tweetable]
- [tweetable alt=””]The feed-in tariff scheme will help homeowners earn over £500 annually with solar panels.[/tweetable]
- [tweetable alt=””]Solar panels will help to reduce your yearly electricity bills by over £100, providing over two decades of savings.[/tweetable]
- [tweetable alt=””]The generous export tariff ensures no electricity is wasted as it’s sold to the National Grid for a set price.[/tweetable]
- [tweetable alt=””]As gas and electricity prices continue to increase year-on-year, solar panels offer a way to guarantee your energy future.[/tweetable]