July 23, 2021

Solar Panel Installation: Is It Worth It?

Solar panel installation is becoming more common in the United Kingdom. Solar panels will be placed in more than 10 million houses in the UK, according to a new study.

Whether you haven’t yet made the transition to solar energy, you may be thinking if installing solar panels in 2021 is a good investment. Some homeowners are hesitant to install solar panels because they believe they will be too costly, yet solar panels are now more inexpensive than they have ever been.

Solar panel installation will be more than 60% cheaper in 2021 than it was in 2010. A solar PV system for an average-sized house costs between £6,000 and £7,000 to install. Many variables, however, can affect the price of your solar panels, so do your research before deciding on solar panels for your house.

 

How much does solar panel installation cost?

The cost of your solar panel installation will be influenced by a number of variables. The total price is determined by factors such as the size of your PV system, the solar panel brand, and the spec of your solar panels.

Solar panel systems come in a variety of sizes, which affect the amount of energy they can produce. The size of the solar system you choose will be determined by your family’s energy requirements as well as your budget. A 1kW solar system would set you back £1840 on average, while a 4kW system will set you back £6000. Due to increased energy needs, a three-bedroom home would require a 3-4kW system, which would cost between £5000 and £6500 to build.

The price of the panels is also influenced by the brand and quality of the panels themselves. Polycrystalline silicon solar panels (the blue ones) are typically somewhat less expensive than monocrystalline silicon solar panels (the black ones) (the black ones). It is essential to seek the advice of a qualified installation firm, such as

Applegarth, to assist you in selecting the appropriate solar panel for your house.

 

Do You Need a Lot of Solar Panels?

The size of your solar PV system, and ultimately the number of solar panels you need to install, is determined by the number of people in your family and the size of your home.

Because there are no set standards for solar panel sizing, various manufacturers make panels in a variety of sizes. A 1kW solar system would typically need more than 8 square metres of roof area. A larger 4kW system, on the other hand, would need more than 25 square metres of roof area.

You should contact an expert solar panel installation firm to ease the buying process and avoid selecting wrong panels. Based on the size of your roof and if any panels may be placed at ground level, your solar installation firm will choose the most suitable solar PV system.

 

Is Profiting from Solar Panels Still a Possibility?

It is still quite feasible to profit from solar panels. After installing solar panels, homeowners may benefit from the Smart Export Guarantee (SEG) programme and increased property values.

The Feed-in Tariff (FiT) programme allowed households to receive money for the energy their solar PV system produced before March 2019. Although the FiT plan is no longer available, homeowners may still get a return on their solar panel investment via the SEG programme.

Solar PV system owners may profit from the SEG programme. To utilise SEG, you must generate less than 5MW of energy. Energy providers set their own prices under the new system, which varies substantially from the old FiT scheme.

A solar panel installation may also improve the resale value of your house, which can result in a profit when you sell it. Many first-time buyers are more environmentally aware these days, while others may already own a home with a solar PV system. As a consequence, more purchasers are searching for homes equipped with high-quality solar panels.

 

Solar Panel Installation

Solar panels are now more cheap than they have ever been, yet they are still a significant investment. Solar panels of high quality can set you back hundreds of pounds. Choosing the proper solar PV system may be difficult, but it doesn’t have to be if you have an experienced installation firm on your side.

We can assist you in selecting the appropriate solar PV system for your house or learning more about how energy savings may benefit you.

Contact us now at 01325 466016 or info@eliteenergy.co.uk, and one of our representatives will provide you with a no-obligation quotation.