Solar panels are a great idea for homeowners that want to generate their own energy. But what benefits does that bring?
From a reduced carbon footprint to more money in your back pocket, there are several ways in which solar panels could be advantageous for you and your home. And if you’re considering a solar panel installation, it’s definitely worth knowing about them.
Electricity is generated at power stations, often using coal or oil. This means whenever you use electricity in your home, you contribute to global carbon emissions. The average Brit contributes 10.92 tons of carbon dioxide annually. Solar panels are estimated to reduce a home’s carbon footprint by as much as a ton each year. You’ll be an environmental hero.
More companies are producing solar batteries – and this competition is driving prices down. It’s now more affordable to have a solar battery as part of your solar panel system, so you can store excess energy rather than feeding it back to the grid. Your home can move closer to self-sufficiency, and you can avoid high-costing peak periods using your battery’s energy reserve. You may even be able to power your home during power cuts.
Similar to solar batteries, the cost of solar panels has fallen significantly in the last few years. What was once a rare and expensive product has become more widespread, with new technology making solar panels easier to produce. A standard solar panel system could have cost you over £12,000 in 2010, but could now cost around half of that.
The Feed-in Tariff is an incentive to households and businesses that generate their own electricity without depleting natural resources. Payments are still available for solar panels if your installation is completed by an MCS certified company. At present, you could receive around 4 pence per kWh for a typical 0-10 kW domestic system, as well as receiving payments for ‘selling’ excess energy back to the grid. Ker-ching!
You don’t have to use the feed-in tariff, you can choose to have solar panels generating energy directly for your home. Doing so without the feed-in scheme makes you less reliant on the utility grid. This means you pay less to utility providers and reduces the impact of any changes to energy tariffs.
Looking to install solar panels on your home? NBEC provides high quality solar solutions across South Yorkshire. Our solar panels are MCS certified with a 20-year guarantee, so you can rest assured you’re getting a long-lasting solution for your home. We have a professional team of experienced electrical specialists ready to work on your project. Get your free quote today to see how we can help you cut your energy bills over time.
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