Are Solar Panels Worth the Investment?
Consider the typical PV system in a UK home to be a 4kW solar panel system.
It costs about £6,000 and produces 3,400 kWh annually. When operating under ideal conditions, solar panels can supply 83–106% of your household's yearly electricity usage, which is approximately 3,200–4,100 kWh. However, this is reliant on the amount of sunshine and energy used. Additionally, you can get paid to export excess energy back to the grid thanks to incentives like the Smart Export Guarantee (SEG)!
Therefore, even though it involves a sizable initial investment, using solar energy can yield excellent returns over time. If you desire a quantitative analysis of seasonality and monthly energy output.
UtilityKing can assist if you're looking to compare different solar panel installers in the UK and are interested in buying solar panels. Simply select your region, and we will deliver up to 4 quotes from local vendors that are suited to your needs. Accepting any quote is entirely up to you.