Why install solar panels?

There are three reasons why solar panels are a popular addition to homes and businesses in the UK:

Save energy

1. Saving energy

Why buy electricity when you can produce your own? Put simply… solar energy is free energy. Rather than pay retail prices (approx 14p per unit domestic) for all their electricity, owners of grid-tied solar photovoltaic systems generate a proportion of their own electricity, reducing the amount that they have to purchase from their supplier.

2. Making money

Until recently, the return on investment from solar panels was too low for them to appeal to anyone other than the committed environmentalist. However, with the introduction of the Clean Energy Cashback Scheme in April 2010, householders and business owners can now benefit from an additional payment directly from their electricity supplier for every unit generated, even if they use the electricity themselves.

Make money

The Clean Energy Cashback Scheme is also known as the Feed In Tariff, but this is a bit of a misnomer as you don’t actually have to ‘feed in’ any electricity – you receive the payments regardless!

All eligible installations qualify for a payment per unit generated from the electricity supplier.
The official full Feed in Tariff tables can also be downloaded from the OFGEM website by clicking this text.

As an additional bonus, when the PV system is generating more electricity than is being used, the surplus is sold back to the supplier.

3. Going green

Going green

Installing a renewable microgeneration source such as a solar PV system is a great way to reduce the carbon footprint of your household. According to the Energy Saving Trust, a typical home PV system could save around 1200 kg of CO2 per year.

Solar electricity is green and completely renewable. No carbon dioxide or any other pollutants are released from a solar PV system.