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Solar panels are a great source of energy with numerous benefits that comes with it. However, the main thing that puts off most homeowners or potential buyers is the fact that the equipment are usually very expensive. So if you’re planning to purchase solar panels to be installed in your home, then you’d probably want to know if it’s actually worth the investment or otherwise. In this article, we aim to give you a good insight into how solar panels works and if its a viable investment.

Generally, the length of time it will take for your solar panels to payback and whether you’ll be able to make money from them will be based on the following factors:

✓ The solar panel PV system’s cost.

✓ The amount of the generated electricity that you’re able to use.

✓ Whether as well as the amount you’re paid to the electricity you’re able to generate and export.

To know whether your solar panels are truly worth it, then a higher initial cost to fit the system will require to be settled with the amount you’re able to save through the use of the renewable electricity it produces, rather than making purchases from your electricity company. In other words, the more renewable energy you’re able to use, the more savings you make. If you’re registered for the FIT and paid per kWh of electricity produced, for 50 percent of that, which is assumed to be exported to the grid. Therefore, if you’re able to use more than 50 percent, you’ll be able to benefit from the investment.

Air source heat pumps work by taking heat from the air and using it to heat your home. They absorb heat from the air into a fluid, which then goes to a compressor where it gets hotter. This heat is then used to warm up water or air, which is distributed around your home.

First and foremost, you should know that heat pump is simply a device whose primary function is the transmission of thermal energy from one spot to the other. A good example can be found in the refrigerators whereby the evaporation as well as cooling of a liquid is incorporated to lower the storage compartment’s temperature. In recent times, this whole technology is utilized to draw the potential thermal energy present in the air outside and transmit it directly to the home or property where it’s going to be compressed and the heat transferred with the help of a number of coils. This is exactly what an air source heat pump does as it absorbs heat from the air and convert it into a higher temperature using a compressor. How the air source heat pump works is really simple, it’s just like a refrigerator but in reverse. Let’s take a look!

• The air source heat pump extracts heat present in the outside air into a liquid refrigerant at a reduced temperature.
• The pump then compresses the liquid to increase its temperature with the help of electricity. Once done, it then compresses it back to liquid so as to free the heat stored.
• The heat released is then directed to the radiators or under floor heating, while the ones left would be stored in the hot water cylinder.
• The hot water that’s stored can be used for showers, baths as well as taps.

Overall, the air source heat pump is an efficient way to make your home warm. It makes use of electricity to function, but it should consume lower electrical energy than the heat it generates.

Whether installing an air source heat pump will help you save money depends on your property, how long you expect to live there, and the type of heat pump you get.

Air source heat pumps are initially quite expensive to install. However, if you get an air-to-water air source heat pump, you’re eligible for money from the Renewable Heat Incentive [https://www.energysavingtrust.org.uk/scotland/grants-loans/renewables/renewable-heat-incentive] (RHI). This is a UK government scheme that gives you quarterly cash payments over seven years if you install an eligible renewable heating technology (air-to-air air source heat pumps aren’t included).

All this means that if you have long-term plans to stay in your property, then an air-to-water air source heat pump can be a great way to save money on your heating bills. However, if you’re planning on moving out of your property relatively soon, or are a considering an air-to-air air source heat pump, it may not be the best financial option for you.

It’s important to remember that air source heat pumps are at their most efficient when installed in very well insulated properties. If your property’s not very energy efficient, you may find that a heat pump won’t help you save money.

Biomass boilers will work with existing central heating systems, presuming this is not decades old, whether they use radiators or under floor heating. A surveyor will check the existing system you have in place before quoting for or recommending a biomass boiler to you.

Unlike the photovoltaic (PV) power which works to turn a part of the electromagnetic radiation of the sun directly to electrons and electricity, a solar thermal can simply be referred to as the absorption of the sun’s heat for human use. As a result, the solar thermal has a wider range of uses than the PV does in several ways. This is due to the fact that the sun’s heat can be absorbed and transported via a medium and the stored energy incorporated for several great purposes such as to heat water, to heat and cool a home or living space, to prepare a meal as well as to generate electricity. All these functions are useful for both residential and commercial spaces.

There are generally three different ranges of solar thermal energy that are being used which includes the low temperature ( for heating, cooling as well as ventilation), the mid temperature ( used for preparing meals, heating hot water and the likes) as well as the high temperature ( used for generating electricity). To focus more on generating electricity, there are a wide array of ways through which the sun’s heat can be directed at creating electricity via a heat exchanger which operates to super heat water or inert gas to power an electricity- generating plant or to produce electricity via a Stirling engine.

In order to increase their output or make them more efficient, evacuated glass tubes are used to encircle the tubes which in turn helps them to collect more heat energy while also protecting them from re-radiating the heat energy absorbed. The trough are normal positioned north to south as well as to keep tabs on the travels of the sun throughout the day.

• The power of your solar panel system – there's no point buying a higher capacity battery if your system will never generate enough electricity to charge it
• How often you think you will need to charge your battery
• Your budget
• Whether you care about having the latest technology and a recognisable brand name

Not only will you reduce your electricity bill by generating your own electricity with solar panels, but you can also earn money through the SEG which is offered by large energy suppliers. They’ll pay you for the electricity you export back to the grid. You’ll also reduce your carbon footprint, lessening your impact on the environment.

Obviously the performance of a solar thermal system will vary depending on the location of the home, the insulation of the property, and your own hot water requirements. Solar thermal panels are capable of providing all of your hot water requirements from April to September. They will still make a contribution to your hot water needs for the rest of the year, but in general you will need a backup system to further heat the water in the colder months.