The buzz about PV solar panels
Last updated on October 9th, 2017 at 05:47 pm
“Wouldn’t it be good if, instead of paying high prices for your domestic or commercial power, you were able to generate most of your own energy and your energy supplier paid you for the full amount that you produce? This is the buzz about solar panel technologies?”
Well, this is actually possible since the government introduced the feed in tariffs scheme last year.
The idea of solar panels being used to generate power for your home or business can now be a reality for the majority of homeowners and companies and is now available throughout the United Kingdom. Solar panel installations are a thriving industry now. Homeowners are now starting to understand the financial benefits of solar technologies, including solar heating panels, including the money they are likely to save on their heating bills.
Feed-in tariffs and solar panels
The current benefits of investing in a solar panel installation are the feed-in tariffs scheme, which will result in the production of your own energy whilst selling off the excess to the National Grid; you will notice considerable savings on your energy bills. With the product lifespan running between 30-40 years and the guaranteed payment incentive set at 20 years for solar electric and 18 years for solar heating, it really is an ideal opportunity for people looking for a sound long-term investment.
With the product lifespan running between 30-40 years and the guaranteed payment incentive set at 20 years for solar electric and 18 years for solar heating, it really is a no contest situation for people looking for a sound long-term investment opportunity.
Your energy supplier will pay you a set rate of 15.44 pence per kWh for each unit of electricity you generate using PV solar panels. In addition, you will receive a further 3p per kW h from your energy supplier for each unit which is exported to the National Grid when it isn’t used within the home.
A similar scheme has begun recently for solar heating panels. The Renewable Heat incentive scheme will allow investors in this technology to receive 8.5p per kWh generated, guaranteed for 20 years. This tool is designed to reward people for choosing a fossil fuel free home energy future.
Stuart Lovatt from Heat my Home, says, “Most homeowners who are interested in solar panels may never have had any prior knowledge or contact with a solar installation company. This is the reason Heat my Home was originally set up to inform and to help people with the number of different options currently available to them.”
REAL Assurance Scheme
All solar installers should also be committed to the REAL Assurance Scheme.
Solar companies that agree to abide by this scheme, which is basically a code of conduct, will also display a logo to this effect, just like the MCS certification logo.
This means any solar panel installation company will be dedicated to reaching and providing certain sales standards that will protect you, the consumer. It was designed to help homeowners get trusted advice on solar panels without being subjected to hard sell tactics and to ensure high standards of service before, during and after a contract is agreed.
A solar company who is MCS and REAL Assurance Scheme certified will also be able to guarantee a higher quality installation from an aesthetic point of view. Solar panels should not only generate heat and power for your home but should also have a high standard of appearance of your property.
Solar panels are becoming more and more popular around the country, compared to the traditional, more expensive ways of keeping warm, as people learn more about the advantages of this new technology.
If you want to be added to this growing number, choose a solar installation company with the same care as a plumber or electrician, to ensure your installation will be safe and carried out to the highest of standards.
"Feel the pride."Stuart Lovatt July 2, 2011
Founder of Power My Home.