Solar photovoltaic panels have never been more popular than in the last 10 years – particularly considering that the government introduced the Energy Act 2008, which encourages homeowners to install solar panel systems by offering cash incentives.
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Solar panels can decrease your fuel bills in addition to your family carbon footprint. All-you have to do is work out what’s right on your home and how much it’ll cost using this guide.
Why install solar panels?
As fuel bills rise, the recession bites and climate change accelerates, it’s becoming even more important for all of us to clean up our energy use. Installing solar panels in your home is a wonderful way to save money on your fuel bills together with minimise your household carbon emissions.
There are only two types of solar panel systems; one that produces hot water (also known as solar thermal panels, or solar water heating panels), and another which produces electricity – commonly referred to as a Photovoltaic (or PV) systems. Solar panel prices in the UK will change according to the amount of panels you need installed, in addition to the semblance of your own preferred model. For photovoltaic systems, prices will more vary according to the quantity of electricity that may be generated per hour.
The benefits of solar panels
Reduced fuel bills : Installing solar panels can save you as much as £300 a year off your fuel bills.
Lower home carbon emissions : Save a mean of a single tonne of C02 each year when you install a PV system or as much as 510kg with solar thermal panels.
Earn money through government schemes : You will make the maximum amount of as £400 per year through the Renewable Heat Motivator (RHI) with solar thermal panels or up to £570 when you install PV through the Feed-in Tariff (FIT) scheme.
Low maintenance costs : Solar panels are frequently referred to as a ‘fit and forget’ technology as they don’t require much maintenance, unlike conventional heating systems. The Power Saving Trust (EST) recommend having your solar panel system checked out every three to five years.
The price of solar panels will vary depending on:
- Whether you are fitting PV or thermal panels
- The place of the property
- The true size of your own solar power system
- Whether you choose to put in solar tiles, slates or possibly a standalone unit
As stated by the EST, solar panels are priced at:
- Between GBP5, 500 and GBP22, 500 for solar PV panels
- Between GBP8 and GBP1, 000, 000 for solar thermal panels
- Get extra information on solar panel costs.
How much do solar panels cost?
Solar panel prices
PV solar panel costs
In a PV structure, cells made up of layers of a siliconelike material are attached to exterior walls or the roof. Light from your sun is changed into electricity to become utilized in the house; find out more about how exactly solar PV panels work. The EST put the average expense of the PV system at GBP10, 000 – this cost will vary depending on size and kind. More specific costs in the Ideal Home Group are detailed below:
- A 3 kilowatt (kw) solar PV panel system costs between GBP5, 500 and GBP6, 500
- A 4kw solar PV panel system costs between GBP8 and GBP7, 500, 200
- Get more solar PV panel prices.
Solar thermal panel costs
Solar thermal panels are the cheaper alternative – the Solar Trade Association (STA) say that there are over 100,000 solar systems in the UK already, making them a popular option. If you decide to put in solar thermal panels you’ll need a water tank; most systems can be connected for your personal boiler or immersion heater. Find out more about how precisely solar thermal heating panels work. The EASTERN Time place the typical price of a solar thermal system at GBP4,800, but:
- Solar thermal panels can be found for as low as GBP1,000
- Larger systems can cost up to GBP8,000
- Have more info on solar thermal panel prices.
For a solar-thermal panel system, costs will fluctuate according to how much water-you need made – and consequently by the size of your house and/or how many people you live with. Various methods are measured by the number of ‘regular evacuated tubes’ your home will demand (that is, the quantity of pipes that absorb solar-energy you should have installed). A one-person system needs about twenty of these tubes typically. The following table, sourced from theecoexperts.co.uk, carefully outlines some estimated prices for all these thermal systems:
Size/No. of evacuating tubes and price:
20 standard – GBP 3,500
15 large – GBP3,750
20 large – GBP4,000
25 large – GBP4,400
30 large – GBP4,750
40 large – GBP5,000
As you can see, the more you spend towards your investment, the sooner you will possibly recoup your initial prices. The average three-bedroom home can typically sustain a 500-750 watt apparatus, which means you also ought to make sure to pick a model that will best suit your home.
Additionally, you’re also expected to include your new solar panel system on your current house insurance coverage (which can raise costs). Ultimately, however, fitting these eco-friendly panels is great for the environment, and you’ll really start to see the fiscal benefits within as little as five to eight years – not bad for a leading.
Cheapest solar panel costs
The first price of installing solar panels may be daunting, however, cheaper prices are accessible in the event you restrict how big is the body and look around at the manufacturers / installers. Below are some of the cheapest solar panel costs:
DIY cell kits certainly are a cheaper option, typically costing between GBP180 and GBP600
The least expensive solar thermal panel systems cost around GBP5,500
Have extra information and compare the cheapest solar panel costs.
Solar panel installation costs
You need to be sure you factor in installation costs along with the cost of the solar panels when budgeting. Installation costs will be different considerable according to:
- The size of the cell system and thus how long it will take to install.
- Where your home is – installation costs are generally higher priced in cities.
- What type of company you hire – a well established solar installer may be higher priced than an independent business.
- Hiring an installer from the producer may further save you money.
- On average of solar panels and installation is between GBP6, 000 and GBP9, 000.
The cost of solar panels for your own home
Domestic solar panel installation will clearly cost significantly less than commercial solar panel installation and you can find added benefits and incentives for householders such as GBP300 grants toward the expense of installing solar thermal panels. Discover more about grants for domestic solar panels. In line with the STA, solar thermal panels could supply a family group of four with between 40 and 65% of these hot water needs annually. The average solar PV system can generate around three quarters of a typical family’s annual electricity demands.
- The typical cost of the typical house PV system is GBP10,000
- The typical cost of a house solar thermal system is GBP4,800
- Have extra information on house solar panel prices.
Solar PV panel feed-in tariff salary
The FIT scheme was launched by the government in April 2010 in an effort to enhance solar PV panel installations, thus lowering total UK carbon emissions. The scheme works across two tariffs:
1) Generation tariff – provides fixed payments for every single kilowatt hour (kWh) of electricity produced by your PV panels. The FIT tariff rate is now set at 21p per kWh for installations as much as fourkw in proportions – which can get around GBP640 per year
2) Export tariff – you are able to sell any excess electricity your panels generate back once again to the national grid. The existing export rate is set at 3p per kWh, so you can earn an average of GBP40 per year from this tariff
Both tariffs are inflation linked and payments last for 25 years. To be qualified for your FIT scheme you must possess a well insulated house and panels should really be installed by means of a member of the Microgeneration Certification Scheme (MCS). An electric meter will further must be installed to measure how much electricity is produced and exported.
Can a solar-thermal panel system make me cash?
The government established a scheme in October 2012 known as the Renewable Heat Incentive (RHI); part of it may enable you to receive payments for the heat you produce from a solar water heating system. There are only two phases for the introduction of Renewable Heat Incentive:
This phase also contained the Renewable Heat Premium Payments, which supply GBP300 grants to the price of installing solar thermal panels in domestic properties.
Beginning on this date,it’s likely that you would receive annual cash payments for the quantity of electricity your solar-thermal panels have generated – that should average around GBP400 annually. In case you have installed any eligible technologies since 15th July 2009 will qualify for this particular scheme.
Solar panel grants
To motivate individuals to heat their homes with renewable energy, the government have introduced the Renewable Heat Incentive (RHI), which will be set out in two phases:
1) Industrial, business and public companies are now able to get cash back for every kWh of sustainable heat produced more than twenty years. Tariff levels are set to supply around a 12% return on investment, are inflation linked and will reduce over time. Phase one also comprises the Renewable Heat Premium Payment Scheme, which provides grants of GBP300 towards the price of installing solar thermal panels in domestic properties. To qualify your house should be well insulated, have been awarded the needed planning permission and your panels have to be installed by an MCS documented engineer.
2) In October 2012 family solar thermal installations (carried out since July 2009) will proceed to the RHI tariff and will earn as much as GBP400 each year.. Acquire more info about solar thermal panel grants.
Solar-panel fuel savings
Installing a solar PV system can save you between GBP180 and GBP90 per year on your own electricity bills while installing solar thermal panels will save around GBP55 to GBP80 per year. Have extra information on exactly just how much money solar panels can help you save.
Planning permission for solar panels
In the event you reside in England and Wales you will not generally must apply for planning permission to put in solar panels so too long as you follow these recommendations:
Wall and roof mounted solar panels
- Should not project significantly more than 200 millimetres from your surface of the roof or wall.
- Must not be installed over the ridgeline of the roof.
- Solar panels shouldn’t be visible from a highway, if fitted to your garden building.
- You need to get listed building consent to install roof or wall mounted solar panels in case you reside in a listed building.
- When installing wall mounted solar panels which are visible from the highway, should you live in a conservation area or possibly a world heritage site you will require to obtain planning consent
Standalone solar panels
- Must be no higher than four metres
- Should be put at least five metres in the boundaries of one’s property.
- Really should not be installed inside the border of a listed building.
- Should be no a lot more than nine square metres or three metres wide by three metres deep.
- Should not be visible from a highway when installed in a conservation area or world heritage site.
- You should not install greater than one standalone solar power within your property.
- You need to check with your local building authority before you install solar panels should you reside in a listed building or conservation area.