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On-Grid System

Solar Investment
When you have a solar PV system installed, you will buy less electricity from your existing electricity supplier because you will be generating your own. At the same time, you will be paid 43.3p for every kWh of electricity that you generate, whether you use it yourself or sell it on to the national grid.

Why is it such a good idea to get solar electric panels?
9% interest rate; Guaranteed by the UK government. 
The government are paying you simply to put panels on your roof and generate electricity. Put the panels on your existing roof and you will get paid a feed in tariff of 43.3p for each unit of energy you generate. You can still use the energy for FREE. So if you are currently paying 10p per kWh for your electricity, the value of each kWh you use from your Solar PV system is 53.3p which reduces gradually over the first number of years till become zero pence I.e. Free for another good years of the life of the system that is 25-30 years maintenance free..

If you don't use the energy you can sell it for 3p per kWh back to the grid. In this case each kWh is worth 46.3p to you.

Overall you can expect around a 9% return on your investment. That means that if you invested £15000 in solar panels you'd be approximately £1200 better off per year.
If you have money in the bank, you'll be lucky to get 1% on it at the moment.

How much does it cost, and how much income is generated?
This depends on how many panels are fitted to your roof. The table below provides an estimate of what you could expect.

Contact us for more up-to-date estimate.



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