Discover the 5 Benefits of Solar Panels
What are the 5 benefits of solar panels? With the rising cost of energy, more homeowners are turning to solar panels as a clean and renewable energy source. A Solar panel installation can help you save money on your electricity bills, reduce your carbon footprint, increase your property value and you may also be able to access grants from the Government towards your transition of a ‘Greener’ future. Let’s explore these five benefits of solar panels in more detail.
Saving Money on Electricity Bills
The primary benefit of solar panels is the money you will save on electricity bills. When you install solar panels, you are producing free energy from the sun, so your electricity costs will be significantly reduced or eliminated altogether. This savings can be substantial over time—in some cases up to thousands of pounds a year!
Reducing Your Carbon Footprint with Solar panels
Another great benefit of solar panels is that they are an environmentally friendly way to produce energy. Since they do not emit any carbon dioxide or other greenhouse gases into the atmosphere, they help reduce our overall carbon footprint. Additionally, since solar power is renewable energy that does not require burning fossil fuels, it can help reduce air pollution in our cities and towns.
Increasing Property Value
Installing solar panels can also increase the value of your home or business by making it more desirable to potential buyers. According to research conducted by Lawrence Berkeley National Laboratory (LBNL), homes with rooftop solar systems typically sell for a premium price compared to comparable non-solar homes. This may be due to the fact that many potential buyers recognise the financial savings associated with owning a home powered by clean energy from the sun.
Solar Panel Advantages
- A standard 4Kw Solar Panel installation could reduce your electricity bill by 80%
- Installing Solar Panels is quick and easy and often fit and forget technology
- You can earn money from your energy company for exporting back to the grid
- Inverters come with a manufacturers warranty of 12 years
- Solar Panels have a linear performance guarantee of 25 years
Financial Benefits of Solar Panels
There are a number of grants available for Renewable Energy installations in the U.K. These incentives can significantly reduce the cost of installation and make going solar even more attractive financially. Additionally, some utility companies may also provide rebates for installing certain types of residential or commercial systems which can provide additional savings for customers who choose to go green with their energy production needs.
All solar panel installers are eligible for the Smart Export Guarantee, which enables homeowners to sell excess energy back to the grid (supplier) For more information about SEG or The Smart Export Guarantee as it is known, please click the link above.
For more information and case studies of a recent solar installation in Lichfield, please visit this link Solar Panel Installer Lichfield
Solar Panels & The Smart Export Guarantee
The Smart Export Guarantee (SEG) came into effect on 1 January 2020 and is currently the only type of solar panel funding available in the UK.
Following the closure of the Feed-in Tariff (FIT) scheme to new applicants in March 2019, the government recognised the need to pay small-scale renewable energy generators for the electricity they export to the grid. Consequently, the Department for Business, Energy and Industrial Strategy (BEIS) introduced the Smart Export Guarantee (SEG).
Conclusion
As you can see, there are many benefits to installing solar panels in your home or business—from saving money on electricity bills to increasing property values and potentially earn money from exporting unused energy back to the grid. With all these advantages combined with its easy maintenance requirements and long lifespan (typically 25-30 years!), investing in a quality set of solar panels is sure to pay off in no time at all!
Return on investment is currently around 8-9 years (depending on the size of the Solar Panel system) If you’re looking for an affordable way to save money while reducing your impact on the environment, then consider going green with a set of quality solar panels today!
Who Are The Green Energy Installers?
The Green Energy Installers is a trading name of Renuvo Ltd – an award winning heating company based in Tamworth. As demand has grown for our renewable energy services, particularly from homeowners and local businesses, we made the decision to set up an arm of Renuvo Ltd that specifically caters for the needs of our private customers. With this in mind, we have allocated a dedicated and experienced team who deal purely with our private renewables market.
The Green Energy Installers team provide a bespoke customer journey with a dedicated project manager allocated to your installation from, design, installation, commissioning and after care.
