Find a Solar Panel Installer you can trust in Lewisham.

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.

It’s important to get the right size solar panel system for your commercial property. Solar panels are usually installed on pitched roofs, although they can be fitted on stands on the ground if you have some unused outdoor space. The more panels you install, the more power you’ll generate, but there’s no point buying more panels than you have space for.

Solar panel system sizes are measured in kW. 4-10kW solar panel systems are usually too big for domestic properties but are ideal for smaller commercial properties. Here’s an idea of how many panels and space you’ll need for a few different system sizes:

System size, Number of panels, Area required (approximate)

4kW, 16, 23m²

6kW, 24, 35m²

8kW, 32, 46m²

10kw, 40, 58m²

Bear in mind that solar panels can’t be less than 30cm away from a roof edge, so you’ll need more space than the area that the panels take up.

How much energy a solar panel produces depends on its manufacturer and exposure to the sun. A good-quality solar panel typically has a power output of about 300 watts per hour, but this can vary from about 240 to 360 watts. How much energy your solar panel will produce per day depends on how many hours of unshaded daylight it’s exposed to.

Here’s an idea of how much energy you could expect a large commercial solar panel installation to produce in a year.

Solar panel system size, No. of solar panels, Annual electricity output

11kW, 44, 9,350kW

20kW, 80, 17,000kW

30kW, 120, 25,500kW

40kW, 160, 34,000kW

50kW, 200, 42,500kW

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.

One of the things that has been on the UK government’s agenda for some time now is to promote the use of renewable energy sources. In fact, the Renewable Energy Directive put out by the EU instructs all member countries to achieve a 20 percent renewable target before the year 2020. The UK’s commitment to this objective has been made quite glaring with a number of funding options that has been put in place to help business owners looking to solar panels on their properties. This commitment was also showcased by a reduction in the cost of solar panels, so new investors have little to worry about. Although there aren’t any grants in the conventional sense, but there are opportunities for solar panel funding in the UK. At present, the only scheme open to new applications is the SEG - Smart Export Guarantee which came into effect on 1st January, 2020.

In general, there are four notable incentives in the UK for solar panels which includes the aforementioned Smart Export Guarantee, Reduced VAT on Energy Saving Products, Feed-in Tariff ( no longer open to new applications ), as well as the Renewable Heat Incentive ( RHI - applies only to solar water heating ).

Being the only one still open to new applications, we’ll provide you with some insights on SEG. The Smart Export Guarantee allows small scale low-carbon electricity generators to receive payments for surplus energy they’re able to export back to the grid. Although, this is not a direct government scheme, all licensed suppliers are necessitated to offer an export tariff to their customers. Those suppliers with more than 150,000 customers are obligated to offer a tariff, while the suppliers with fewer customers can partake on a voluntary basis.

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.