Return On Investment Solar Panels Uk

In fact as our recent blog showed the cost per kwh of solar electricityis around 8p.

Return on investment solar panels uk.

There are currently 14 energy suppliers in the uk paying out an export tariff with an average rate of 3 82p per kwh ranging from 1 5p to 5 6p. So the main question i wanted to ask obviously was what about from a financial point of view so there s two main ways that solar panels will give you a return on your investment. Typical returns for a well sited 4kw solar panel installation in january 2019 came in at a surprising 6 50. Domestic solar panel returns up to 6 50 as electricity prices rise despite a reduction in tariff rates from 41 4 p kwh in 2010 to 3 79 p kwh in january 2019 rising electricity prices are driving solar pv returns up over the last 2 years.

Returns of 10 plus are available non taxable for individuals inflation linked and dependent only on the sun coming out. To calculate the solar panel roi you can expect you need to get a get a customized quote for your specific installation. If you re thinking of investing in solar panels a good way of making the most of your money is to reinvest any cash you save on your energy bill plus any money you make from producing electricity. Politics economics whole lot of stuff like that.

A household with a 3 5kw solar pv system would send around 1 500kwh back to the national grid so 1 500 x 3 82p is 57 30 per year. So the reasons that uk isn t producing as much solar energy isn t about the sun. The size of the solar panel installation. The array will cost around 4 500 7 000 and will produce a feed in tariff return of approximately 79 a year.

For most people solar panels are a significant investment but. Think about putting it into a cash isa regular savings account or even a high interest current account. Maximising your solar panel investment. The sale of vortex iii a uk solar energy portfolio generated a 1 5x cash on cash multiple and an internal rate of return of around 14 the investment bank said.

The return on investment for any business that chooses solar panels will depend largely on a few factors. The amount of money you save by investing in solar energy varies depending on factors including where you live the incentives available from your state government and the type of system you install. Solar pv is a fantastic investment. Regardless of individual circumstances however the savings are significant.

Return on investment for a 4 kw solar panel installation if you have the roof space and finance for a large 4 kw installation then you may benefit from even greater returns. As the industry standard performance guarantee is 25 years that s the timeframe we ll use.