The return through the feed in tariffs and savings on energy costs over the life of the installation.
Return on investment solar panels uk.
As the industry standard performance guarantee is 25 years that s the timeframe we ll use.
For most people solar panels are a significant investment but.
So the reasons that uk isn t producing as much solar energy isn t about the sun.
To calculate the solar panel roi you can expect you need to get a get a customized quote for your specific installation.
Politics economics whole lot of stuff like that.
Returns of 10 plus are available non taxable for individuals inflation linked and dependent only on the sun coming out.
A household with a 3 5kw solar pv system would send around 1 500kwh back to the national grid so 1 500 x 3 82p is 57 30 per year.
The sale of vortex iii a uk solar energy portfolio generated a 1 5x cash on cash multiple and an internal rate of return of around 14 the investment bank said.
Solar pv is a fantastic investment.
In short roi 100 energy savings in 25 years cost of solar panels cost of solar panels.
In fact as our recent blog showed the cost per kwh of solar electricityis around 8p.
Regardless of individual circumstances however the savings are significant.
Maximising your solar panel investment.
The amount of money you save by investing in solar energy varies depending on factors including where you live the incentives available from your state government and the type of system you install.
There are currently 14 energy suppliers in the uk paying out an export tariff with an average rate of 3 82p per kwh ranging from 1 5p to 5 6p.
The initial investment or cost of the solar panels.
Domestic solar panel returns up to 6 50 as electricity prices rise despite a reduction in tariff rates from 41 4 p kwh in 2010 to 3 79 p kwh in january 2019 rising electricity prices are driving solar pv returns up over the last 2 years.
Return on investment for a 4 kw solar panel installation if you have the roof space and finance for a large 4 kw installation then you may benefit from even greater returns.
Think about putting it into a cash isa regular savings account or even a high interest current account.
So the main question i wanted to ask obviously was what about from a financial point of view so there s two main ways that solar panels will give you a return on your investment.
The return on investment for any business that chooses solar panels will depend largely on a few factors.
Typical returns for a well sited 4kw solar panel installation in january 2019 came in at a surprising 6 50.