What Are The Benefits Of Solar Panel Installation in 2020?
With the Feed-in Tariff no longer available, many people are left wondering if it’s worth investing in solar power and if there is
much benefit in installing solar panels since the cost can be relatively high.
The Feed-in Tariff was a government-funded scheme, the energy consumer could apply for
payments from the supplier by generating your own electricity, e.g. through solar panels. Since this scheme has stopped accepting applications, it is down to the individual to pay.
However, here at The Greener Group, we believe that going solar is still hugely beneficial to the consumer as energy bills will decrease in the long run. We have a large number of clients that are happy with their choice to go solar since they have significantly cut down their energy costs.
So, should you go solar in 2020?
In today’s climate, it is essential that we, as energy consumers, become more energy cautious. By adopting a more energy-efficient lifestyle, you can help to protect the environment.
Solar energy is a type of renewable energy source. One of the main advantages of solar energy is that it will never run out since it is reliant on daylight in order to source energy.
Solar panels do not emit carbon unlike fossil fuels such as coal and oil, meaning you will be significantly decreasing your carbon footprint. Solar energy is an important factor in helping us to transition away from being reliant on fossil fuels.
Cost of Solar PV
The cost of solar energy is at an all-time low, having decreased by more than 70% in the last decade – meaning this is a perfect time to look into solar PV installation. There are also a number of subsidy programmes and government rebates which can help with the initial cost.
The cost will be dependant on size and electricity usage. Despite the removal of the Feed-in Tariff, the cost of technology has also seen a decrease – averaging at around 9p per kWh in solar electricity.
You should consider how much you pay for electricity as you pay per kWh, there are many energy calculators online which will assess how much electricity you are using. The energy that you generate from solar panels is completely free.
There is also an opportunity to earn money back, by selling your unused energy to the grid with Smart Export Guarantee (SEG). Those registered under the Feed-in Tariff cannot use this, and so for new customers, this is a great incentive to go solar in 2020.
You can decrease your energy bills further with domestic battery storage. The energy that has been generated from your solar panel that you do not use during the day, will be held for times when you need it, rather than the energy being sent to the grid.
With the rise in electric cars, you can also use your stored up energy to charge a car. Here at The Greener Group, we can combine your solar panel installation with battery storage.
Is it worth it?
It is definitely advantageous to switch to an energy renewable source, such as solar panels. With solar energy at its lowest since 2010, it is highly recommended to start looking. Here at the Greener Group, we’ve been installing solar PV since 2010, offering a 25-year warranty with your solar panels.