Make the Most of Your Solar Panel Investment
Solar panels are worth it if you generate enough electricity and stay in the same house long enough. Solar panels absorb the sun's energy to generate electricity for free, which can help reduce your electricity bills significantly. In addition, variables like solar panels Ireland grants, such as the Smart Export Guarantee, can further increase your savings and help you break even faster. Consider all of these factors to find what kind of investment will see the quickest gains: Your home's electricity needs Size of the solar PV system Financial incentive schemes For example, an average-sized home with a 4kW solar panel system will spend approximately ₤ 6,000 - ₤ 8,000 on the system. You can expect to save roughly ₤ 270 on electricity bills annually, and together with the Smart Export Guarantee (SEG), you would reach the break-even point within 16-22 years. In the end, though, no matter the situation, solar energy in the UK is typically worth it. Monetary benefits ...