The short answer is a resounding yes. Solar panels are one of the best ways to reduce the rising costs of running a home or business.
There’s a reason this type of installation is becoming more popular in the UK. Recent research has found that around 4,000 solar panels are being installed every month in Britain. The escalating costs of running a home is one of the main things encouraging people to make the switch.
Some studies have discovered that solar panels can shave up to 90% off your energy bills, and that amount is growing as bills continue to rise. The Labour party is even considering making sure all new builds come fitted with them if they get into government. There are various calculators online that can help you easily estimate you could save.
When you install solar panels on your home or property, you can generate your own electricity from the sun’s energy, which means you may need to rely less on energy from the power grid.
In fact solar panels can not only save you money, but help you earn credits.
Depending on the size of your solar panel system and your energy usage, you may even be able to produce more electricity than you use. In such cases, you can sell the excess back to the grid and potentially earn credits on your utility bill. This is thanks to SEG, a government-backed initiative introduced in 2020.
SEG requires some electricity suppliers to pay small-scale generators (known as SEG Generators) for low-carbon electricity which is then exported back to the National Grid. Certain criteria need to be met in order to qualify for this scheme.
The exact amount you can save on your energy bills with solar panels will depend on a variety of factors, including:
- Your location and the type of roof you have. An unshaded roof is obviously best since it receives more sunlight. However, the best properties for solar panels are also those with south facing roofs. A system facing east or west will yield roughly 15-20% less energy than one
facing directly south.
- The size of your solar panel system.
- The amount of sunlight your panels receive.
- Your energy usage habits.
Of course, there are also upfront costs associated with installing solar panels. It’s therefore important to carefully consider all of the financial implications before making the investment.
Potential Engineering Ltd is committed to helping you make your property more environmentally friendly.
Solar panels not only reduce your energy bills, but reduce your carbon footprint. Since they’re a renewable source of power, solar energy has an important role in reducing greenhouse gas emissions and reducing levels of climate change. This is protecting humans, wildlife, and ecosystems. Solar energy can also improve air quality and reduce water use from energy production.
Rated highly by previous customers, Potential Engineering Ltd has helped people across the UK upgrade to renewable energy sources.
We can both supply and install your new solar panels. Our services include the installation of Solar PV and battery storage which help you to master your self-consumption. All installations are carried out by fully accredited and qualified designers.
If you want to know more about how solar panels can save you money, our team is always happy to offer more information.