YOU may think that solar panels are a big expense and so not for you, but if you're planning to stay in your home for a long time, installing them can make sense financially, as well as being beneficial to the environment.
There are two types of solar panel - ones that generate electricity (solar photovoltaics or PV), which are most popular, and ones that heat your home's water (solar thermal). With both, you'll cut your utility bills and CO2 emissions, but the benefits don't end there.
Solar PV panels can also earn you money, thanks to the Government's Feed-In Tariffs scheme, which pays you for the electricity you generate and use and also for any surplus you supply to the National Grid.
This could give you savings and income of around pounds 670 a year, according to the Energy Saving Trust. Its website ( www.energysavingtrust.org.uk ) features a Solar Energy Calculator, where you can work out how you could benefit from the scheme.
An average 3kWp (kilowatts peak) PV system, which will produce enough electricity for around 75% of a typical household's needs, costs in the region of pounds 10,000.
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There are two types of solar panel - ones that generate electricity (solar photovoltaics or PV), which are most popular, and ones that heat your home's water (solar thermal). With both, you'll cut your utility bills and CO2 emissions, but the benefits don't end there.
Solar PV panels can also earn you money, thanks to the Government's Feed-In Tariffs scheme, which pays you for the electricity you generate and use and also for any surplus you supply to the National Grid.
This could give you savings and income of around pounds 670 a year, according to the Energy Saving Trust. Its website ( www.energysavingtrust.org.uk ) features a Solar Energy Calculator, where you can work out how you could benefit from the scheme.
An average 3kWp (kilowatts peak) PV system, which will produce enough electricity for around 75% of a typical household's needs, costs in the region of pounds 10,000.
Read More
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