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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.

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.

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.

There are a few factors that will determine whether it’s worth getting a solar battery. They involve how much electricity you use, how often you’re at home and whether you receive any export payments.

To work out whether it’s worth getting a solar battery, you need to work out how much of the electricity you generate you’re using already. If you’re able to run all your appliances during the day while your solar panels generate electricity, then it sounds like you’re already using your electricity well. It might not be worth you getting a solar battery in this case.

However, if you’re not at home for a lot of the day, then you’ll be missing out on the electricity your panels are generating while the sun’s shining. If you install a solar battery system, you can store the electricity that your panels generate in the battery and use it when you get home. This will help you cut your electricity bills even further.

You’ll also need to consider whether you’re getting paid to export your electricity. If you’re on the Feed-in Tariff scheme (FITs) or receive payments from the Smart Export Guarantee (SEG), you’ll get paid for every unit of electricity you export to the National Grid. Before you decide whether it’s worth getting a solar battery, you’ll need to weigh up whether you’d be better off carrying on exporting your unused electricity rather than storing it to use yourself. If you’re unsure, visit the Energy Saving Trust’s website or speak to an MCS-registered installer who will be able to help you work out which is more cost-effective.

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.

How long your solar panels will last depends on their age and quality. Most modern solar panels have 20-30 year warranties, but this doesn’t mean that they’ll stop working at this point. Many will stay at a good efficiency level for up to 40 years, while others will start to decline earlier.