With energy bills still high, you might be thinking of joining the other 1.2 million homes in the UK that have solar panels. And with a pledge for us to reach net zero in just 26 years, 2024 could be a good time to invest in renewable energy.
Save Money
How much a household can save depends on several things, including the size and number of solar panels installed, energy consumption and location. You can also make money by selling any excess electricity back to the National Grid. According to Money Saving Expert, the biggest gain a householder can make with solar panels is through the electricity they generate, up to Ł360 a year with energy at current rates.
Other Advantages
As well as reduced energy bills, having a solar panel system means you’ll be reducing your carbon footprint too. Not relying on fossil fuels like coal, gas and oil means less pollution, as they aren’t being released into the atmosphere and there is less environmental damage from drilling.
It is more than likely you’ll add value to your home, as buyers now look for greener homes, adding up to two per cent on a property.
And the cost of installing solar panels is coming down because of high demand. For those who already have solar panels, the cost of storage batteries has also decreased, making it easier to store any surplus energy. If you are thinking about installing solar panels Worcester, ask experts such as https://gsmlimited.com/services/solar-panels/worcester for more advice.
Disadvantages
As with any home improvement, there is an initial installation cost to think about and the better the quality panel you go for, the more it will cost. It’s also a long-term investment, as you won’t recoup the outlay for around 10 years. However, there are grants and subsidies available which help with the upfront cost.
Not all homes are suitable for solar panels, as older roofs and smaller roofs won’t be able to take the weight. It’s also worth considering how accessible the roof is for any repairs which might be needed.
