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If you’re looking to install a solar thermal system in your home, this is usually one of the first concerns several homeowners have. Being fully aware that solar water heating systems are usually more expensive than their counterparts - the conventional water heating systems, the question arises whether or not you’ll be able to save some money from your solar water heating system in the long run. In this article, we aim provide an answer to this important question. Let’s take a closer look!

When it comes to solar thermal systems, the money you’ll be able to save in the long run depends on a wide range of factors. These factor includes:

✓ Your system’s performance.

✓ Your geographical location and solar resource

✓ Your household’s hot water demand

✓ Financing and incentive options that are available.

✓ The cost of fuel that’s being used for your alternative or backup water heating system, if you own one.

✓ The cost of conventional fuels such as oil, electricity or natural gas.

There are several benefits, however, that comes with the installation of a solar water heating system. Since the sun is absolutely free, future fuel shortages and price hikes will have little impact on you. Also, on the average if you decide to fit a solar thermal system your water heating bills is expected to drop about 50 percent to 80 percent. What’s more? The economics are even a lot more attractive when you’re just about to build a new home or refinancing. When you include the price of a solar water system in a 30 year mortgage, it’ll normally amount to very low price per month. Therefore, on a monthly basis you’ll be saving more and paying less.

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.

It may be hard to believe with the summers we have in the UK, but there is more than enough sunlight to power solar panels. Solar PV (photovoltaic) panels operate in daylight, rather than needing direct rays from the sun so they’ll work throughout the year.

If you’re thinking about the possibility of installing a ground source heat pump in your home, then it’s normal to consider how efficient they’re in heating up a house before going ahead to make a purchase decision. In this article, we are going to address this question to help you make an informed purchase decision.

We know you’d prefer a single, accurate answer to this question, but the fact is, there are several influencing factors that can play a key role in the efficiency of a ground source heat pump installation. These factors include whether or not the property is well insulated, the fitting of a well designed system and the quality of its installation, the heat source that’s being used as well as the heating distribution system and its size ( under floor heating or radiators ).

The Coefficient of Performance ( CoP) measurement is used to imply the efficiency of a heat pump. This is basically the ratio between the amount of heat energy generated by the ground source heat pump and the amount of electrical energy or fuel it consumes. Therefore, the Seasonal Coefficient of Performance ( SCoP) is usually taken as a realistic measurement to cover throughout the year as its based on CoP at varying conditions as well as a standardized climate.

You must, however, note that there is no established Coefficient of Performance for ground source heat pumps as they can be influenced by a lot of factors as well as testing conditions. When they’re properly fitted, ground source heat pumps can achieve a quite high Coefficient of Performance.

Generally, a ground source heat pump can generate about 3 to 4 kilowatts (kW) of heat for every 1 kilowatt to electricity or fuel it consumes. It’s able to achieve a higher efficiency when compared to its counterparts by using the freely available heat energy from the ground.

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.

Solar panels provide an alternative to paying expensive National Grid energy rates, so primarily their first major benefit is helping to reduce bills. Solar PV panels will produce free electricity, whilst solar thermal panels generate heat for hot water and space heating. There are also payment incentives known as the Feed-in Tariff scheme (FITs) (for solar PV) and the Renewable Heat Incentive (for solar thermal) which guarantee a tax-free income for 20 years.