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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.

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.

If you’re interested in getting a new air source heat pump, then you’d probably want to know if they’re really advantageous, cost effective and efficient. The fact is, there are a plethora of benefits that comes with using heat pumps which is a renewable alternative to warm up your home in the UK.

An air source heat pump can help you save money on energy bills while also minimizing your carbon footprint as compared to a gas or electric heating system. Another important benefit that comes with air source heat pump is the fact that they’re quire versatile and yet affordable. Generally, they can function either for heating or cooling purposes and they can also be incorporated for either heating of space or water. In fact, in order to achieve the target Net Zero by 2050, the UK government are looking to fit 19 million heat pumps in new builds. With significant rise in the deployment of heat pumps, the grants by the UK government enables this renewable energy source to become a lot more affordable to run while also helping to minimize the burden of the air source heat pump cost.

As perfect as it seems, this renewable source of energy also comes with a number of disadvantage which we’re going to list out. Let’s take a look!

• There must be sufficient space in your garden to accommodate the external condenser unit.
• The condenser unit can make a lot of noise and even blow colder air into their immediate area.
• Since they consume electricity to operate, this also means they’re not zero carbon unless the electricity is produced from a renewable source like solar panels etc.

No, air source heat pumps aren’t particularly noisy. Most models make about the same amount of noise as a boiler or fridge. And don't forget, the unit itself is fitted to the outside of your property so you won't hear a thing when you're indoors or at nightime!

Air source heat pumps can be a really efficient way to generate heat. Although they require electricity to run, they generate much more heat than an electric heater that uses the same amount.

Air source heat pumps provide heat at a lower temperature than most other types of space heating. This means they’re most efficient when they’re left on for longer periods of time, and distribute heat through wet heating systems with large surface areas, like underfloor heating or big radiators.

Air source heat pumps can be much more efficient than oil and LPG boilers, and older electric heating systems. However, they’re only usually the most efficient option if your property is very well insulated.

Many domestic biomass boilers are no bigger than a standard gas boiler. However, they do require a flue, a feeder and a space to store the fuel. These can be designed to suit many different properties and will fit in lots of homes or a garage or outbuilding.

Are you thinking about installing a solar thermal system in your home? If yes, the you’d most likely be wondering the exact amount the system is going to cost. Well, you’re not alone. This is one of the most common question when it comes to solar thermal systems and we aim to answer that in this article. So let’s get started!

Unfortunately, the cost of a solar thermal system can’t be given in a single, accurate answer as they vary widely. However, when getting a new solar thermal system, you can expect to pay a sum within the range of £3000 to £6000 ( this includes a lowered VAT rate of 5 percent). The figures provided takes into account the installation costs as well as all the parts ( such as control panel, solar collectors, hot water tank and pipes).

To determine the price of your system, the quality and type of the panels matter. For instance, according to the Solar Trade Association, a properly insulated twin coil cylinder system would be priced at around £4500. in the same tone, it’s also possible to get DIY solar thermal kits that includes all the required hardware which will cost within the range of £1500 to £250. This however, may not be eligible for government support. In order to benefit from the RHI, your system must be fitted by a MCS accredited installer.

The varying prices of the solar thermal system’s initial cost is based on the specification of each individual house. For example, in situations where the building is having complicated water system, the plumbing cost is expected to increase which will have a serious impact on the overall cost of the solar thermal power system.

• 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