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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.

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.

If you’re looking to purchase and install a solar system for your home or property, then knowing the amount of energy a solar panel can produce can go a long way to help you determine just how much solar panels that’ll be needed to power your entire house. In this article, we’ll give you an idea of the amount of energy that can be generated by a solar panel to help you make informed decisions going ahead.

First and foremost, you should note that each and every solar panel is rated by how much direct current power they’re able to generate under standard testing conditions. The output of a solar panel is given in watts units (W) and it stands for the theoretical power generation of the panel under direct sunlight as well as temperature conditions. Generally, several domestic solar panels possesses power output ratings which ranges from 250 watts to 400 watts. And as you would have expected, the higher power ratings are preferable when compared to the lower power ratings. What’s more? The total wattage of your solar panels will greatly influence a major part of your overall solar system cost.

Assuming you’re able to get just about 5 hours of direct sunlight every day, you can determine the output of your solar panel in this way - 5 hours x 290 watts ( wattage example of a premium solar panel) = 1450 watts-hours or approximately 1.5 kilowatts per hour (kWh). hence, the individual solar panel output in your array should be able to generate about 500 to 550 kWh of energy every year. This is sufficient energy to power some small appliances without problems.

Asides from the fact that solar energy can be converted into electricity with the help of solar panels, there’s also another pretty cool way the sun’s power can be harnessed - solar thermal technologies. These technologies are able to convert sunlight into heat rather than power and these are in fact the very first solar energy products that were commercialized in the United Kingdom. Solar thermal panels, in a similar way to solar PVs, can help in minimizing your carbon footprint while also assisting you to save good money on your energy bills by providing the much needed coverage for your heating needs with the help of a renewable energy source that’s totally free.

Solar thermal panels provides some great benefits which is capable of making all homeowners in the UK consider installing one in their respective homes. Let’s take a closer look at these benefits.

✓ When compared to solar PV panels, they’re a more affordable heating option and also have a shorter payback period.

✓ Solar thermal panels are more efficient than PV panels due to the fact that the heat waves are able to hold more energy than sunlight and also because there’s no electricity transformation process.

✓ Solar thermal panels are able to operate in cold climates, strong wind as well as overcast weather, and make use of an energy storage system.

✓ They can help you save about 600kg of carbon dioxide emissions on an annual basis.

✓ Although most of the solar thermal panel systems come with a warranty usually within the range of 5 to 10 years, they’re able to last up to 25 years. What’s more? The require just a little maintenance, meaning the main cost you’d have to worry about is the cost of installation.

Most domestic solar thermal panels do not need planning permission and are covered by permitted development rights. There are restrictions on the size and location of these systems. If you live in a conservation area or listed building, or want to install a very large solar thermal system, check with your local authority to see if you will need planning permission.

Air source heat pumps are a type of heating system that you can use to warm the air in your property. They’re a semi-renewable energy generator as, although they use electricity, they extract and use renewable heat from the air.

There are two main types of air source heat pump – air-to-water, and air-to-air. Air-to-water heat pumps are the most popular, and are best used to heat water that supplies underfloor heating systems or large radiators. Air-to-air pumps heat air, which is then dispersed round your property using fans.

Do you want a low carbon way of heating your home? Then, getting an air source heat pump is the way to go! What they do is pretty simple - they absorb the potential thermal energy present in the outside air 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. In other words, it functions by extracting heat from a cooler place and then uses it to raise the temperature inside a home or property. Being very similar to air conditioning units, the amount of heat they’re going to produce for your home or property will be dependent on the size you install. Therefore, the bigger the heat pump, the more the heat that’ll be generated.

Air source heat pumps have two main types which includes air to air and air to water. Air-to-water heat pumps works by absorbing heat from the outside air, then relays it directly into your home or property through the help of fans. In order to move the heat around your home, you’ll need a warm air circulation system. This type of air source heat pump are not eligible for the government’s Renewable Heat Incentive Payment as they can’t generate hot water. What’s more? They can function in reverse during the hot summer months.

Air-to-water heat pumps, on the other hand, operates by extracting heat from the outside air and transmitting it into the wet central heating system. Due to the fact that they’re able to generate heat that’s cooler than the one generated by a conventional gas or oil boiler, they happen to be a better fit for larger radiators or water underfloor heating.

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.