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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 thermal panels work by capturing heat directly from the sun and using it to heat water. This hot water is then passed through a coil to heat the water for your central heating system. Solar thermal systems are compatible with many existing conventional boilers with hot water tanks, and can be set up to feed in to your existing heating system.

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.

Biomass boilers can be designed to work with other kinds of heating. The most common of these is solar thermal. This is a popular renewable energy pairing. Solar thermal heating will meet your hot water needs during the summer while a biomass boiler can operate as a backup during the winter when solar thermal panels do not perform as well.

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!

So do you wish to take advantage of the heat generated by the ground to warm up your home by getting a ground source heating pump? If yes, then you’d also probably be wondering how much a ground source heat pump is going to cost so you can set a budget and start planning.

Installing and running ground source heat pump can cost between the range of £600 to £700 to run on an annual basis, meanwhile it can cost you within a range of £13,000 to £19,000 to have installed. However, you should take note that these prices can be by varying influencing factors such as the size of the installation as well as any other extra work that may needed to complete the job.

When it comes to estimating the time it takes to recover the initial cost of the system via energy savings, nothing is certain as this can be very hard to determine or predict. The main reason for this is due to the fact that it’s dependent on the efficiency of your heating system, the type of system you’re replacing ( whether or not you qualify for Renewable Heat Incentive -RHI payments ), the efficiency of your home’s insulation, how efficiently the system’s controls are being used and how the heat generated from the ground source heat pump would be put to use. However, to figure out how much you’ll save, the type of fuel replacing is perhaps the most essential. For a four bedroom detached house, you can save between a range of £1,200 to £1,300 for a LPG fuel replaced, £1,400 to £1,500 for an electricity fuel replaced, £600 to £700 for an oil fuel replaced and finally, £200 to £300 for a solid fuel replaced.

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.