Sunday Jan 29, 2023

Energy bills: Engineer sheds light on home upgrade which could save you thousands – Express

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The cells don’t need direct sunlight to work and can even work on cloudy days. However, the stronger the sunshine, the more electricity generated. They are usually placed on top of buildings or in wide unshaded areas such as fields. 

If someone is thinking of getting solar panels installed in their home, Mr Wondrausch recommends that people first “take stock” of their consumption and waste so they are able to make the right decision of what type of solar panel is best for them as the upfront costs are considerably high. 

Mr Wondrausch said: “A typical PV array will cost between £5,000 and £7,000 once fully installed, however these costs will naturally vary depending on the roof-type and the quality of equipment used. 

“That being said, if you use a long-term battery system such as a TESLA Powerwall or Huawei, your battery will set you back between £4,500 and £9,000 excluding VAT.”

Mr Wondrausch explained that the long term benefits of installing solar panels “speaks for itself”. 

Using one of SunGift Solar’s recent 4.7kW systems with no battery storage, people could see a total profit of £25,048.85 profit over 25 years, around £1,001 a year, which is a 13 percent return on the initial investment.

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Source: https://www.express.co.uk/finance/personalfinance/1659801/energy-bills-solar-panels-money-saving

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