Are Solar Panels A Good Investment 2017 Uk

Think 10 20 years depending on finances.

Are solar panels a good investment 2017 uk.

Vn f 1 9 22 1171 please wait. Solar panels are attached to the roof of your house so you would need to stay in your current home for a long time to see any decent return. Are solar panels a good investment in the uk. Politics economics whole lot of stuff like that.

Now for many people their current home is not one they see themselves in in 20 years time. Germany produces the most solar energy in europe almost three and a half times more than the uk and has been the world s top solar photovoltaic installer for several years. However they are definitely a long term investment. As you can see installing solar panels in the u k.

Keep reading to find out how long it will take before you can make a profit from solar panels and to discover whether your home is one of those best suited to solar. Solar panels are often marketed as a way for you to make money as well as to save on your electricity bills and reduce your carbon footprint. October 2 2017 8 44 am reply. So even with declining government feed in rates the actual return on investment is pretty good thanks to an ample supply of panels thus reducing increasing competition and lowering prices.

Solar panels are a long term investment. Is still a great deal. Now companies like tesla have launched solar shingles which double as a roof and solar panels. We can help you work out whether solar panels are a good investment for your money.

This is because you can get paid for the electricity that your solar photovoltaic pv panels produce. Most experts predict that even without the fit rates costs will drop enough to achieve grid parity same or lower costs than grid power for solar within. With over 40000 premature deaths in the uk attributable to particulate pollution and 12 schools in my local main town of plymouth breaching the european air quality limits what could i be doing to reduce my. It costs around 5 000 to 8 000 upfront to install a solar pv system that is expected to last 25 years.

Bear in mind that the feed in tariff could change in the future but even reducing your electricity bills will help towards footing the bill. There were two arms to my dilemma one environmental and the other financial. You get to use green energy be a first adopter of this remarkable new technology save on your electricity bills and enjoy some government incentives for early adopters of solar technologies. Indeed they are a great investment in the long term you save so much on energy bills and even can sell the extra power generated to the national grid.

So the reasons that uk isn t producing as much solar energy isn t about the sun.