Find a Solar Panel Installer you can trust in Hessle.

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.

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.

• 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

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 PV panels work by converting sunlight into electricity. They’re made up of photovoltaic cells, which take in the sun’s rays and turn it into direct current (DC) electricity. The current is then channelled into an inverter, which converts it to alternating current (AC).

Once converted to AC, the electricity is ready to use. It’s fed through a meter and into your property’s consumer unit, and is automatically used to power appliances and heating systems. Your system will automatically switch between your solar electricity supply and the national grid, and export any solar electricity you don’t use to the national grid.

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.