Find a Solar Panel Installer you can trust in Wallingford.

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.

There are a wide range of benefits you stand to derive by installing solar panels for your business operations. Not only can it help you save money,  but it can also go a long way to help reduce your business’ environmental footprint. Regardless of whether your company is big or small, it can still benefit immensely by making use of solar panels. If you’re considering the installation of solar panels in your business environment, then you probably want to know just how much it’ll cost to complete the project. In order to help you make the most informed purchase decision, we’ve created this post to give you a good insight into commercial solar panel pricing. Let’s take a look!

Generally, the cost of commercial solar panels is within the range of £16000 to £70000 for small to mid-sized companies. However, there are a number of factors that can influence the cost of commercial solar panels which includes the size of the roof, the amount of energy that’s generated as well as the number incorporated. There is a need to evaluate the cost of solar panels so as to determine whether or not they’re a feasible option for your business. In order to determine the amount of energy your company uses per month, simply take a closer look at your utility bill.  This should indicate just how much energy you use per month as well as how much the utility company charges per kW. In general, most small to medium sized companies will incorporate 30,000 to 50,000 kWh annually and you can expect the cost to differ based on your location and the size of your system. The rule of thumb with larger systems is to calculate using £1000 per kW, plus VAT as the yardstick.

Most domestic solar thermal panels do not need planning permission and are covered by permitted development rights. There are restrictions on the size and location of these systems. If you live in a conservation area or listed building, or want to install a very large solar thermal system, check with your local authority to see if you will need planning permission.

Solar panels can be pretty expensive, so require an initial investment. However, a quality solar panel installation can be very financially beneficial, saving you money in the long run. It does this in two main ways.

Firstly, using electricity generated by your solar panels means that you have to use less power from the national grid. Once you’ve bought your solar panels, your solar electricity is essentially free, meaning that you’re saving money by using this instead of power supplied by your energy company. If you want to maximise these savings, invest in a solar battery so you can store unused solar electricity ready for when you need it.

You can also earn money with your commercial solar panels through the Smart Export Guarantee [https://solar-panels.quotatis.co.uk/smart-export-guarantee/]. This is a government scheme that says that all licenced energy suppliers with 150,000 customers or more have to offer a tariff to renewable energy generators. When you generate solar electricity but don’t use it immediately it gets fed back to the grid – the tariff pays you for every kWh of this.

At the moment there’s no minimum tariff that an energy company has to offer – it only has to be above zero. However, many energy companies are competing to offer the best deal, so you can definitely find a tariff that will pay you for all the unused solar electricity you generate.

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.