The sun can be used to generate electricity and hot water for the home using solar panels. There are two main types of active solar panels, the solar water heating and photovoltaic (PV) solar panels. Solar PV panels or solar electricity uses the sun’s energy to produce electricity that can be used for the home or be exported back to the national grid. This is an expensive technology but the Government assists consumers financially through its Feed-In Tariff or FIT scheme.
This scheme pays households for the energy produced from the renewable energy system installed at their homes. Solar water heating or solar thermal or solar heating uses the sun’s energy to heat domestic water system and the Government assistance is under the Renewable Heat Incentive or RHI scheme.
Solar panel systems aren’t actually cheap, calculating the solar prices would definitely offer you a big investment to prepare. But, it can definitely help in cutting down on energy bills, and additional compensation can be earned by generating electricity that can be sold back to the national grid.
Solar prices are dependent on the size and type of the solar panel system and the roofing structure where they are to be installed. An average solar PV system for a 4kWp can cost around 5,000 to 8,000 pounds. Although the more electricity a system can generate, the higher the energy savings will be at a bigger initial cost of installation.
Solar prices had been coming down since 2011, where a 3.5-4kWp solar PV system cost about 11329 pounds and in 2015, the same system cost 6750 pounds. Solar energy had attracted a lot of attention when the Government introduced FIT in 2010, where the scheme pays for every unit of energy generated by the solar panel system. For a household to qualify for the FIT scheme, products and installers should be certified under the MCS or Microgeneration Certification Scheme. The Government pays back 4.04 pounds for the electricity generated by the system.
Some of the advantages of solar PV is that daylight is needed to create energy, which can be connected to the national grid and excess energy can be sold back, can cut down on the electricity bill, and can provide additional income through FIT. There are a lot of manufacturers and installers who make high-quality solar panels and GetSolarPrices can assist in helping to find the best deal for customers.
GetSolarPrices can give you the best possible solar prices in your local area from trustworthy solar companies. Avail now of up to 4 no obligation quotes to save money and time from installers who are highly trained and MCS accredited! Visit GetSolarPrices for more details about solar panel systems and solar prices.